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30695 Highway 5, Lebanon, MO, 65536

1beds
3baths
0sqft
$1,490,000
--price/sqft
$9,737/moest. monthly cost
$389,480/yrincome needed

About This Home

Rare opportunity to own a 45,000 sq ft multi-purpose arena on 10 acres just minutes from Lebanon, MO with quick access to Interstate 44. This established equine event facility is fully equipped and ready to generate income from day one. The property includes 100 horse stalls, additional outdoor pens, and a large indoor arena capable of hosting horse shows, rodeos, livestock events, auctions, expos, and more. Designed for high-capacity events, the layout supports both participants and spectators with ease. Additional income streams are built right in, including a concession stand, retail sales space, and 10 RV hookups, making it ideal for multi-day events and vendor opportunities. With strong income-producing potential and room for expansion, this property is perfect for investors, event operators, or equine professionals looking to grow their business in a prime, accessible location.

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
Lebanon Middle SchoolGrades 6-89.9 mi
4/10
Lebanon Sr. High SchoolGrades 9-126.3 mi

Construction

Materials

  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 0

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 062010000000027002
  • Lease amount: 0

Lot

  • Lot size: 10 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Ice Storm
    Ice StormVery High
  • Lightning
    LightningVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Heat Wave
Inland Flooding
Winter Weather
Hail
Strong Wind
Tornado
Wildfire

FEMA Declared Disasters Across Missouri Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,534$90,408
Home Insurance *$1,392$16,704
Property Taxes $670$8,040
Electricity $141$1,693
Total$9,737$116,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$333,840/yr
40% on housing$292,110/yr
45% on housing$259,653/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: -4.9%
-4.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 65536$129
Laclede County$144

vs Homes Sold Last Month

Median $/sqft

ZIP 65536$140
Laclede County$141

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-24Listed for sale$1,490,000
2019-07-21Listing removed$695,000
2019-03-08Listed for sale$695,000
2011-03-02Listing removed$950,000
2010-11-02Listed for sale$950,000
2010-07-24Listing removed$950,000
2009-07-30Listed for sale$950,000

For Sale by Agent

AgentMarvin Sing
BrokeragePrime Real Estate Investments LLC

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