5440 Highway 87 Franklin, MO 65250
Estimated payment $4,813/month
Highlights
- Lake Front
- 50 Acre Lot
- Partially Wooded Lot
- New Franklin Elementary School Rated 9+
- Fireplace in Kitchen
- Traditional Architecture
About This Home
The Ultimate Missouri Homestead! This one-of-a-kind property blends modern comfort with true homestead living. Situated on a blacktop frontage road with a private paved drive, the custom-built home showcases timeless craftsmanship and thoughtful detail throughout. Step inside to a freshly painted, bright, and open floorplan highlighted by a see-through fireplace, an updated spa-like primary suite with a custom Onyx walk-in shower, double vanity, and expansive closets, plus a sunroom with walls of windows that frame breathtaking views of the land. The chef's kitchen boasts Cambridge stone countertops, a large island, Bosch gas range and hood, and windows with views to your beautiful land, making it as functional as it is beautiful. Outdoors, this property truly shines. Enjoy your morning overlooking the 10-acre stocked lake with private dock, or entertain on expansive patios and in the fenced backyard. A 40x30 metal building wired for electric, plus a custom utility shed for equipment, make it ideal for hobby farming, storage, or workshop use. With space to breathe, water to fish, land to roam, and a home built for both style and function, this property is ready to become your forever homestead.
Open House Schedule
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Saturday, December 13, 202512:00 to 1:00 pm12/13/2025 12:00:00 PM +00:0012/13/2025 1:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Year Built
- Built in 1993 | Remodeled
Lot Details
- 50 Acre Lot
- Lake Front
- Vinyl Fence
- Back Yard Fenced
- Aluminum or Metal Fence
- Lot Has A Rolling Slope
- Partially Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Traditional Architecture
- Brick Veneer
- Concrete Foundation
- Poured Concrete
- Architectural Shingle Roof
- Vinyl Construction Material
Interior Spaces
- Wet Bar
- Paddle Fans
- Skylights
- Circulating Fireplace
- Gas Fireplace
- Vinyl Clad Windows
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Built-In Convection Oven
- Gas Range
- Microwave
- Bosch Dishwasher
- Dishwasher
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Solid Surface Countertops
- Built-In or Custom Kitchen Cabinets
- Utility Sink
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Bathroom on Main Level
- Bathtub with Shower
- Shower Only
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Partially Finished Basement
- Walk-Out Basement
- Interior Basement Entry
Home Security
- Prewired Security
- Smart Thermostat
- Storm Doors
- Fire and Smoke Detector
Outdoor Features
- Covered Patio or Porch
- Storage Shed
- Shop
Schools
- New Franklin Elementary And Middle School
- New Franklin High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Programmable Thermostat
- Propane
- Municipal Utilities District Water
- Water Softener is Owned
- Lagoon System
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Franklin Subdivision
Listing and Financial Details
- Assessor Parcel Number 165015000000003000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,092 | $56,780 | $0 | $0 |
| 2024 | $4,092 | $56,780 | $0 | $0 |
| 2023 | $4,093 | $56,780 | $0 | $0 |
| 2022 | $4,094 | $56,780 | $0 | $0 |
| 2021 | $3,852 | $56,780 | $0 | $0 |
| 2020 | $3,866 | $56,780 | $0 | $0 |
| 2019 | $3,234 | $56,810 | $0 | $0 |
| 2018 | $3,217 | $56,790 | $0 | $0 |
| 2017 | $3,188 | $56,790 | $0 | $0 |
| 2016 | $3,185 | $56,790 | $0 | $0 |
| 2015 | -- | $56,790 | $0 | $0 |
| 2014 | -- | $56,700 | $0 | $0 |
| 2013 | -- | $56,710 | $0 | $0 |
| 2012 | -- | $56,710 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Price Changed | $850,000 | -2.9% | $206 / Sq Ft |
| 10/03/2025 10/03/25 | For Sale | $875,000 | -- | $212 / Sq Ft |
Source: Columbia Board of REALTORS®
MLS Number: 430087
APN: 16-5.0-15-000-000-003.000
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