23598 Falcon Rd, Lebanon, MO 65536

Versatile Estate on 9.8 Acres with Dual Living Quarters & Income Potential This is an exceptional 5,800 sq ft property on 9.8 acres that offers a rare combination of space, flexibility, and income-producing potential. Designed with Upstairs and Downstairs living that features Independent Utilities and both areas have Complete Living Setups that include Full Kitchens, Laundry, Bathrooms, Living Room, and Bedrooms—making it ideal for multi-generational living, rental income, or private guest accommodations. The home includes 4 bedrooms and 4.5 bathrooms, highlighted by multiple Oversized Bedroom Suites, along with a Dedicated Office and Hobby room that could be used for an additional bedroom. The Residence is ADA-compliant and wheelchair accessible, thoughtfully designed for comfort and accessibility throughout. Recent updates in 2021 include a New metal roof, New insulated shop building with water & electric, and a Composite deck. This home is equipped with geothermal heating, providing long-term energy efficiency and reduced utility costs. The land offers excellent hay or farming income potential, while outbuildings enhance the property’s functionality. A 40x50 insulated shop features concrete floors, ample electrical service, a storage loft, and a generous workspace. An additional equipment shed provides even more storage for agricultural or recreational needs. This unique property is perfectly suited for a working homestead, investment opportunity, or expansive private residence with unmatched flexibility and potential.