Back to Search Results

41 Lea Lane, Steelville, MO, 65565

The Payne Farm | Offered at $949,000 Off of Highway 8 and down a quiet gravel road, you will find a secluded and rare 75+/- acre farm that blends open pasture, mature timber, and your own private fishing oasis. Highlighted by a pristine, fully stocked pond nestled right into the landscape, The Payne Farm provides ultimate privacy and peace while remaining just minutes away from town. Featuring a spacious 3-bedroom, 3-bathroom layout, this estate is a dream come true for anglers, outdoor lovers, and anyone looking for a serene retreat with room to grow. This unique country property is ready for its next chapter. The Home & Living Space The residence itself is exceptionally well-maintained, designed for both comfortable daily living and effortless entertaining. Main Level Elegance: Features gleaming hardwood floors throughout the main floor and bright, airy spaces. Spacious Bedrooms: Three large bedrooms, all complete with generous walk-in closets—including a premier master suite. Warm & Inviting: Enjoy cozy evenings by one of the two gas fireplaces. Incredible Basement Potential: The fully finished lower level features a half-bath, a partial kitchen setup, and a separate entrance. It is the perfect canvas to easily utilize as an independent second living quarters or guest suite. Sunroom Views: Relax in the bright sunroom and soak in the views of your sprawling estate. A True Outdoorsman’s Paradise The acreage is a beautiful, versatile mixture of open fields and untouched woods that have never been timbered, heavily dotted with lush cedar trees. Fully Stocked Pond: Cast a line into your private pond—fully stocked and thriving with bluegill, crappie, catfish, and bass. A boat is included to get you right out on the water! Barn & Workshop: A solid barn (roughly 14' x 20') with a poured concrete floor comes ready to work, complete with an included shop vacuum and air compressor. Location & Logistics Enjoy the absolute peace of rural living without sacrificing convenience. This property features reliable well water, central air, an established lagoon septic system, and hassle-free weekly trash pickup. Whether you’re looking to enjoy premier fishing in your backyard, explore your own private woods, or create a multi-generational family compound, this property offers unmatched freedom and opportunity. A farm with this much privacy and versatility will not last long!

Status: Active · MLS# 26041298 · Listing Courtesy of Bailey Properties, Inc.

Talk to a real agent about this home

MORE, REALTORS® is a licensed brokerage that lists and sells homes across the two state St. Louis metro, and the agent who answers is one of ours, looking at this listing with you. The national sites are lead generation businesses: they refer your question to an agent at some other firm in exchange for a referral fee, commonly 30% to 40% of that agent's commission. Why that matters to what you pay

Call now
Calls may be recorded.*

Subdivision: none

List Price

$ 850,000

Status

Active

Days on market

0

MLS#

26041298

Bedrooms

3

Full baths

3

Sq. Ft. Above

1,816

Subdivision

none

Municipality

Steelville

School District

Steelville R-III

County

Crawford

Property Type

Farm

Style

Other,Ranch,Traditional

Type

Farm

Additional Information

Property Tax (2025)

$1,883

Upcoming Open Houses

Saturday, Nov 7
10:00 AM to 12:15 PM CT
Saturday, Nov 7
10:00 AM to 12:15 PM CT

Recent Nearby Sales in 65565

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
488 E Highway 8, Steelville, MO 65565 0/0 -- $128,500 $112,500
87.5% of ask
Oct 30, 2026
30 Highway E, Steelville, MO 65565 5/3 2,552 $236,000 $236,000
100% of ask
Oct 22, 2026
00 Fire Tower Road, Steelville, MO 65565 0/0 -- $1 $222,600
22260000% of ask
Oct 22, 2026
352 Highway M, Steelville, MO 65565 4/2 1,647 $329,900 $348,000
105.5% of ask
Oct 21, 2026
98 Pinecrest Lane, Steelville, MO 65565 3/2 1,120 $375,000 $360,000
96% of ask
Oct 16, 2026
000 HWY E, Unincorporated, MO 65565 1/0 750 $164,500 $125,000
76% of ask
Oct 13, 2026

Price & Listing History

Listed for sale
Jun 29, 2026 at $875,900
Price reduced by $25,900 (3%)
From $875,900 to $850,000
Current status: Active
As of Oct 26, 2026 · $850,000

Mortgage Estimator

Estimate your monthly payment. Adjust the sliders below.

Estimated Monthly Payment
$0
Principal & Interest: $0 · Tax: $0 · Ins: $0
Loan Amount: $0
Total Interest: $0
Total of Payments: $0
A MORE, REALTORS® agent will connect you with a trusted local lender.

Prefilled with the national 30 year fixed average, 7.24% as of Oct 29, 2026 (Freddie Mac). Your rate will differ. Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.

Approximate location. Get directions