231 Raef Rd

$247,500
Price
3
Beds
1,671 Sq. Ft.
$148 / Sq. Ft.
1,671
Sq. Ft.
$148
per Sq. Ft.

Description

UPDATE- SELLERS WILLING TO GIVE $3,000 PAINT CREDIT TO BUYERS WHO BRING A OTHERWISE AGREEABLE OFFER- Discover the perfect blend of charm and updates with this unique property in Lebanon, Missouri! Sitting on 7 acres JUST inside city limits, this home offers space, privacy, and convenience rarely found together. High Speed internet (1 Gig IS available) means never having to wait on a lag- just a few of the improvement projects on the property have been the French drain (2022) and 20x40 raised garden...UPDATE- SELLERS WILLING TO GIVE $3,000 PAINT CREDIT TO BUYERS WHO BRING A OTHERWISE AGREEABLE OFFER- Discover the perfect blend of charm and updates with this unique property in Lebanon, Missouri! Sitting on 7 acres JUST inside city limits, this home offers space, privacy, and convenience rarely found together. High Speed internet (1 Gig IS available) means never having to wait on a lag- just a few of the improvement projects on the property have been the French drain (2022) and 20x40 raised garden bed as well as the 4 wheeler trails to the back of the parcel, making this a DREAM parcel for your little slice of country heaven in town. Major improvements bring peace of mind, including a new roof in 2024, new furnace and HVAC in 2022 plus brand-new front and back doors (2025); Inside, the bathroom has been refreshed with new sub-flooring and a vanity in 2025. The home retains character with a classic (though now “ornamental”) chimney that’s a perfect spot for that electric or gas insert, while modern amenities like city sewer and that high speed internet keep you literally AND figuratively “connected”. Whether you envision a hobby farm, room for recreation, a whole future subdivision of rentals or simply a little extra elbow room and space for parking EVERYTHING you own, this acreage offers endless potential—all within minutes of ALL the conveniences that Lebanon has to offer AND just a quick shot up north 5 to the Lake of the Ozarks- certainly within driving range of Ft Woods finest. Don’t miss this opportunity to own a home that combines updates, character, and freedom with no subdivision restrictions in the coziest Midwest town in the Ozarks.
  1. Listed by Cricket Staggs • Ozark Empire Realty
  2. Listed by Dylan Wetherington • Ozark Empire Realty

Property Details for 231 Raef Road

Architectural Style
Cottage
LISTING UPDATED: 11/26/2025 01:44 PM

Property Details for 231 Raef Road

StatusActive Under Contract
MLS #25066909
Days on Market54
Taxes$739 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1957
Lot Size7.61 AC / 331,491 SF
CountyLaclede County

Location

Listing Courtesy of Ozark Empire Realty
Add your commute

Building Information for 231 Raef Road

Stories-Year Built1957Building Size-Lot Size7.61 AC / 331,491 SF

Payment Calculator

$1,285 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,223

Property Taxes

$62

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 231 Raef Road

Summary
Location and General Information
  • City: Lebanon
  • County Or Parish: Laclede
  • Directions: Hwy 5 north (Lynn) to Raef on the right, house is just over the top of the hill on the left.
  • Latitude: 37.70266095
  • Longitude: -92.66469804
  • Postal Code: 65536
  • State Or Province: MO
  • Sub division Name: None
Taxes and HOA Information
  • List AOR: Lebanon Board of REALTORS
  • Parcel Number: 13-1.0-02-022-015-003.000
  • Tax Annual Amount: $739.00
  • Tax Legal Description: LEBANON ACREAGE 2-34-16 PT W1/2 LOT 4 NW1/4 7.61 AC
  • Tax Year: 2024
Owner
  • Township: Lebanon
Parking
  • Attached Garage: No
  • Carport: No
School Information
  • Elementary School: Lebanon RIII
  • High School: Lebanon Sr. High
  • High School District: Lebanon R-III
  • Middle Or Junior School: Lebanon Jr. High
Property
Lot Information
  • Living Area: 1671.0
  • Lot Size Acres: 7.61
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 331491.6
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Property and Assessments
  • Above Grade Finished Area: 1671.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 4
  • Photos Count: 58
  • Year Built: 1957
  • Disclosures: Flood Plain No,No Other Known Restrictions,Seller Property Disclosure,Septic Disclosure
  • Construction Materials: Vinyl Siding
Utilities
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Water Available
  • Water Source: Public, Well
Interior and Exterior Features
Interior Features
  • Basement YN: No
  • Levels: One
  • Main Level Bedrooms: 3.0
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Fireplace Features: Decorative
  • Fireplace: No
  • Heating: Natural Gas
  • Rooms Total: 8

Property History for 231 Raef Road

DateEvent & SourcePriceAppreciation
Nov 14, 2025

Active Under Contract

MARIS #25066909

Nov 7, 2025

Price Change

MARIS #25066909

$247,500
Oct 19, 2025

Price Change

MARIS #25066909

$249,900
Oct 3, 2025

Listed (Active)

MARIS #25066909

$255,000
May 20, 2022

Closed

MARIS #21049817

$205,000
May 19, 2022

Pending

MARIS #21049817

Aug 8, 2021

Active Under Contract

MARIS #21049817

Jul 14, 2021

Listed (Active)

MARIS #21049817

$215,000
Jul 2, 2021

Expired

MARIS #20070005

$215,000
Jul 1, 2021

Withdrawn

MARIS #20070005

Sep 28, 2020

Price Change

MARIS #20070005

$212,000
Sep 28, 2020

Listed (Active)

MARIS #20070005

$215,000
DateEvent & SourcePrice
11/14/2025

Active Under Contract

MARIS #25066909

11/07/2025

Price Change

MARIS #25066909

$247,500
10/19/2025

Price Change

MARIS #25066909

$249,900
10/03/2025

Listed (Active)

MARIS #25066909

$255,000
05/20/2022

Closed

MARIS #21049817

$205,000
05/19/2022

Pending

MARIS #21049817

08/08/2021

Active Under Contract

MARIS #21049817

07/14/2021

Listed (Active)

MARIS #21049817

$215,000
07/02/2021

Expired

MARIS #20070005

$215,000
07/01/2021

Withdrawn

MARIS #20070005

09/28/2020

Price Change

MARIS #20070005

$212,000
09/28/2020

Listed (Active)

MARIS #20070005

$215,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 231 Raef Road

Taxable ValueLand-Additions-Total-
Tax Record2024$739 ($62 / month)
Home Facts
Beds3Total Finished SqFt1,719 SqFtAbove Grade Finished SqFt1,719 SqFtStories1Lot Size331,492 SqFtStyleMiscellaneous ResidentialYear Built1957CountyLACLEDEAPN13-1.0-02-022-015-003.000

Schools near 231 Raef Road

This home is within Lebanon R-Iii School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 3
Public - 4 to 5
Public - 6 to 8
Rating
School
Distance
Joe D. Esther Elementary School
PublicPK to 1

Maplecrest Elementary School
Public2 to 3

Boswell Elementary School
Public4 to 5

Lebanon Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Ozark Empire Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/29/2025 12:03 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.