Date
Details
Price
Change
Source
5/01/2026
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Tucked just outside city limits, this one-of-a-kind estate offers a rare blend of privacy, versatility, and natural beauty. Set in a quiet, established neighborhood, the property feels like a private sanctuary while being conveniently close to town. A full commercial-grade greenhouse opens the door to endless possibilities, from hobby growing to a small business. The layout and ambiance also make this property an ideal space for a boutique to large event venue or a high-demand Airbnb destination. The grounds are truly something special-lush, thoughtfully maintained, and anchored by a stunning waterfall feature that creates a peaceful, retreat-like atmosphere. The home is exceptional. From the beautiful millwork, to the large gathering rooms, including the indoor brick BBQ space and the recreational basement, this home is truly impressive. You'll find generously sized bedrooms and baths providing flexibility for family, guests, or multi generational living. Several rooms have been freshly painted in a clean, neutral palette, creating a bright move-in-ready feel. The expansive kitchen is a standout feature, equipped with double appliances and dual sinks which is ideal for hosting, catering, or simply making daily life more efficient. There is a second 2 car garage with one side as workshop and half bath. With its size, layout and unique features, this estate offers endless possibilities for customization and or business opportunity.
Full Property Details
Full Property Details for 556 Oak Terrace Dr
General
- Price: $999,000
- Taxes: $6,260 (2025)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 26024514
- Updated: 5/1/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 17
- Interior Features: Workshop/Hobby Area, Central Vacuum, Separate Dining, Bookcases, Cathedral Ceiling(s), Coffered Ceiling(s), Special Millwork, Bar, Breakfast Room, Kitchen Island, Custom Cabinetry, Pantry, Double Vanity, Separate Shower, Two Story Entrance Foyer, Entrance Foyer
- Fireplace: Yes
- Number of Fireplaces: 5
- Fireplace(s): Recreation Room, Gas Starter, Insert, Wood Burning, Basement, Bedroom, Dining Room, Great Room
- Appliances: Humidifier, Electric Water Heater, Gas Water Heater, Water Softener Rented, Dishwasher, Double Oven, Gas Cooktop, Ice Maker, Range Hood, Wall Oven
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 3
- Half Bathrooms: 2
- Main Floor Baths: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main & Up: 4
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 5
- Parking Features: Additional Parking, Attached, Garage, Circular Driveway, Detached, Off Street, Storage, Workshop in Garage
Location
- Area: 700 - Farmington
- County: St. Francois
- Township: Farmington
- Subdivision: McCormick Acres
School Information
- High School District: Farmington R-VII
- Elementary School: Farmington R-VII
- Middle School: Farmington Middle
- High School: Farmington Sr. High
Heating & Cooling
- Cooling Type: Central Air Conditioning, Electric, Dual
- Heating Type: Dual Fuel/Off Peak, Forced Air, Natural Gas, Wood
Utilities
- Sewer: Public Sewer, Septic Tank
- Water: Public, Well
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Colonial, Traditional, Other
- Basement: Yes
- Basement Desc.: Poured Cement (8 Feet or More), Full, Partially Finished, Sump Pump, Storage Space, Walk-Up Access
- Square Feet: 9,831
- Year Built: 1978
Additional Structures
- Other Structures: Garage(s), Greenhouse, Outbuilding, RV/Boat Storage, Second Garage, Shed(s), Workshop
Lot Features
- Lot Size (Acres): 3.89
- Lot Size (Sq. Ft.): 169,448.4
- Lot Size Source: Public Records
- Lot Dimensions: 3.89
- Street/Road Desc.: Asphalt, Concrete
- Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
Financial Considerations
- Tax Amount: $6,260
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Plat
- Legal Description: MCCORMICK ACRES LOT 25 BLOCK 2
- Disclosures/Reports: Other, Seller Property Disclosure, Septic Disclosure
- Property ID: 10-90-30-01-006-0003.00
Listed by Coldwell Banker Hulsey
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— 556 Oak Terrace Dr —
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Schools
Schools serving 556 Oak Terrace Dr
School District:Farmington R-Vii School District
| Name | Grades | Distance |
|---|---|---|
Jefferson Elementary School, Farmington, MO 9 Summit Drive, Farmington, MO 63640 | 1-4 | 1 mi |
Washington-Franklin Elementary School 409 North Washington Street, Farmington, MO 63640 | 1-4 | 1.4 mi |
Truman Kindergarten 209 West College Street, Farmington, MO 63640 | K- | 1.5 mi |
Farmington Middle School 506 South Fleming Street, Farmington, MO 63640 | 7-8 | 1.7 mi |
Farmington Sr. High School 1 Black Knight Drive, Farmington, MO 63640 | 9-12 | 2.3 mi |
Roosevelt Elementary School 1040 Forster Street, Farmington, MO 63640 | 1-4 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 556 Oak Terrace Dr
Tax History
Tax History for 556 Oak Terrace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,260
8%
$135,410
8%
2024
$5,801
—
$125,380
—
2023
$5,811
4%
$125,380
4%
2022
$5,581
—
$120,200
—
2021
$5,563
-1%
$120,200
—
2019
$5,610
2%
$120,200
5%
2018
$5,518
—
$114,930
—
2017
$5,508
—
$114,930
—
2016
$5,482
—
$114,930
—
2015
$5,500
-1%
$114,930
—
2014
$5,537
—
$114,930
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 556 Oak Terrace Dr
556 Oak Terrace Drive, Farmington, MO 63640 (MLS# 26024514) is a Single Family property with 4 bedrooms, 3 full bathrooms and 2 partial bathrooms. 556 Oak Terrace Drive is currently listed for $999,000 and was received on May 01, 2026. Want to learn more about 556 Oak Terrace Drive? Do you have questions about finding other Single Family real estate for sale in Farmington? You can browse all Farmington real estate or contact a Coldwell Banker agent to request more information.