$399,000
UNDER CONTRACT

49-51 Terrace Ln Hannibal, MO 63401

Estimated payment $2,288/month

Total Views 14,278
2 Beds
2 Baths
952 Sq Ft
$419 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • Cathedral Ceiling
  • No HOA
  • Open Floorplan
  • Private Yard
  • Beamed Ceilings

About This Home

This distinctive property, located just outside the city limits of Hannibal, offers exceptional character and is currently vacant and ready for immediate occupancy. Showcasing quality woodwork and an open floor plan, the residence exudes a refined rustic charm reminiscent of a cabin-style retreat. The main level features a spacious bedroom, a full bathroom, and a seamlessly integrated dining, kitchen, and living area with three exterior doors that provide direct access to the outdoors.
The upper level includes an expansive loft area with a second full bathroom, offering flexible space suitable for a variety of uses. Outdoors, the property includes a generous yard and a substantial 48x88 outbuilding that houses a fully equipped two-bedroom apartment. This apartment includes a bathroom, water, and electric service—presenting an excellent opportunity for rental income or multigenerational living. The home is conveniently situated near healthcare facilities, retail, dining, and other amenities, with Mark Twain Lake accessible within a 30-minute drive. This well-appointed property offers a rare blend of privacy, functionality, and proximity to town, making it an ideal choice for discerning buyers seeking a unique and versatile residence.

Listing Agent

Sheena Smith

Prestige Realty, Inc License #2024011804 Listed on: 07/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,410

Year Built

  • Built in 2011

Lot Details

  • 1.67 Acre Lot
  • Landscaped
  • Open Lot
  • Private Yard
  • Front Yard

Parking

  • 3 Car Garage
  • Additional Parking

Home Design

  • Rustic Architecture
  • Cabin
  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 952 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Historic or Period Millwork
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Additional Homes

  • Additional Residence on Property

Schools

  • Oakwood Elem. Elementary School
  • Hannibal Middle School
  • Hannibal Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 011.07.25.3.03.006.010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,410

Year Built

Built in 2011

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2011
  • Directions: GPS Friendly/Sign Posted
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Front Yard, Landscaped, Open Lot, Private
  • Lot Size Acres: 1.67
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 573-221-8171
  • MLS Status: Active Under Contract
  • Subdivision Name: Oakland View
  • Above Grade Finished Sq Ft: 952
  • Architectural Style: Cabin, Rustic
  • Carport Y N: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Financial Info Electric: 220 Volts
  • MIS_RoomFlooring: Ceramic Tile
  • MIS_AboveGradeFinishedAreaSrchSqFt: 952.00
  • MIS_RoomFlooring: Ceramic Tile
  • MIS_RoomFlooring: Carpeting
  • MIS_RoomFlooring: Carpeting
  • MIS_RoomFlooring: Ceramic Tile
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_RoomFlooring: Carpeting
  • MIS_PoolYN: 0
  • MIS_EfficiencyYN: 1
  • MIS_AuctionYN: 0
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Cathedral Ceiling(s), Cedar Closet(s), Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Kitchen/Dining Room Combo, Open Floorplan, Shower, Special Millwork
  • Appliances: Electric Cooktop, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Main Level Bedrooms: 1
  • MIS_LowerLevelBathroomsFull: 0
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 0
  • MIS_MainLevelBathroomsFull: 1
  • MIS_MainLevelBathroomsHalf: 0
  • MIS_UpperLevelBathroomsFull: 1
  • MIS_UpperLevelBathroomsHalf: 0
  • MIS_UpperLevelBedrooms: 1

Exterior Features

  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Metal Siding
  • Exterior Features: Private Yard, Storage
  • Foundation Details: Slab
  • Other Structures: Outbuilding, Second Residence, Storage, Utility Building, Workshop
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Additional Parking

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Oakwood Elem.
  • Junior High Dist: Hannibal 60
  • High School: Hannibal Sr. High
  • Middle Or Junior School: Hannibal Middle

Lot Info

  • Parcel Number: 011.07.25.3.03.006.010

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1410

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $399,000 -- $419 / Sq Ft
Source: MARIS MLS

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Source: MARIS MLS

MLS Number: MIS25048123

MARIS MLS