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1136 Us Highway 40, New Franklin, MO, 65274

3beds
3baths
3,442sqft
$875,000
$254price/sqft
$5,730/moest. monthly cost
$229,200/yrincome needed

About This Home

A Frank Lloyd Wright inspired home by award winning & recognized, Martin Ratermann. With timeless beauty & design, this artisan-engineered residence seamlessly blends hand-crafted workmanship & incredible detail while surrounded by 10.19 park-like acres. Numerous custom features including solid mahogany exterior doors, handles & window casements, oiled cedar board & batten siding, solid maple flooring & interior doors throughout the main residence, solid walnut kitchen cabinets, dovetailed drawers & granite counter-tops, Quadra Fire & Jotul wood stoves in the living room & garden room, lower level scored concrete flooring & wine cellar. The shop/guest house has solid oak floors, a half bath that could be made into a full bath & electric furnace! An exceptional one-of-a-kind property!

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

9/10
5/10

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Concrete Perimeter
  • Roof: ArchitecturalShingle

Other

  • Builder name: Ratermann

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Disposal
  • Laundry features: Washer/Dryer Hookup

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

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

Features

  • High Speed Internet,Tub/Shower,Stand AloneShwr/MBR,Split Bedroom Design,Walk-In Closet(s),Wet Bar,Smart Thermostat,Eat-in Kitchen,Cabinets-Custom Blt,Granite Counters,Wood Cabinets,Kitchen Island
  • Window features: Some Window Treatments
  • Flooring: Wood,Concrete,Tile
  • Fireplace features: Free Standing,Family Room,Recreation Room
  • Fireplace: Yes
  • Finished area below ground: 1,370

Full Bathroom

  • Level: Main

Full Bathroom

  • Level: Main

Full Bathroom

  • Level: Basement

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: Central Electric

Interior Area

  • Total structure area: 3,442
  • Total interior livable area: 3,442 sqft

Property

Details

  • Parcel number: 188033000000016010
  • Zoning description: None

Features

  • Patio & porch: Covered,Front Porch
  • Has spa: Yes
  • Spa features: Tub/Built In Jetted
  • On waterfront: Yes
  • Residential vegetation: Heavily Wooded,Partially Wooded

Lot

  • Lot size: 10.19 Acres
  • Features: Cleared,Rolling Slope
  • Lot size dimensions: 10.19

Parking

  • Parking features: No Garage,Paved
  • Has garage: Yes
  • Has uncovered spaces: Yes

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 WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Lightning
Tornado
Winter Weather
Drought
Ice Storm
Landslide
Strong Wind

FEMA Declared Disasters Across Missouri Counties

Flood

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 $4,424$53,088
Home Insurance *$658$7,896
Property Taxes $386$4,632
Electricity $262$3,154
Total$5,730$68,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$196,457/yr
40% on housing$171,900/yr
45% on housing$152,800/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: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: -5.7%
-5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$254This listing

vs Other Active Listings

Avg $/sqft

ZIP 65274$58
Howard County$113

vs Homes Sold Last Month

Median $/sqft

ZIP 65274$185
Howard County$168

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)

Price History

DateEventPrice
2026-04-25Listed for sale$925,000

For Sale by Agent

AgentSara Harper
BrokerageWeichert, Realtors - House of Brokers

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