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!
Active
Listed by: Bailey Properties, Inc. • taylor A Bailey • 314-249-6373
Price cut: $50K (7/27)
$899,000
41 Lea Ln, Steelville, MO 65565
3beds
1,816sqft
Farm
Built in 1996
75.2 Acres Lot
$-- Zestimate®
$495/sqft
$-- HOA
What's special
Pristine fully stocked pondLush cedar treesFully finished lower levelPrivate woodsOpen pasturePrivate fishing oasisPremier master suite
- 49 days
- 214
- 5
Zillow last checked:
Listing updated:
Listed by:
taylor A Bailey 314-249-6373,
Bailey Properties, Inc.,
Drennan Bailey 314-283-4886,
Bailey Properties, Inc.
Source: MARIS,MLS#: 26041298
Originating MLS: St. Louis Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Electric, Propane
Cooling
- Central Air
Features
- Basement: Concrete,Partially Finished
- Number of fireplaces: 2
- Fireplace features: Blower Fan, Electric, Family Room, Other
Interior area
- Total structure area: 1,816
- Total interior livable area: 1,816 sqft
- Finished area above ground: 1,816
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Carport
- Attached garage spaces: 2
- Carport spaces: 1
- Covered spaces: 3
Features
- Fencing: Barbed Wire,Partial,Partial Cross
Lot
- Size: 75.2 Acres
Details
- Additional structures: Barn(s), Metal Building, Workshop
- Parcel number: 109.031000018.020
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,Ranch,Traditional
- Property subtype: Farm
Materials
- Frame
Condition
- Year built: 1996
Utilities & green energy
- Electric: Single Phase
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Steelville
Financial & listing details
- Price per square foot: $495/sqft
- Annual tax amount: $1,883
- Date on market: 6/29/2026
- Cumulative days on market: 49 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $899,000-5.3%$495/sqft |
Source: | ||
| 6/29/2026 | Listed for sale | $949,000$523/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 65565
Nearby schools
Schools provided by the listing agent
- Elementary: Steelville Elem.
- Middle: Steelville Middle
- High: Steelville High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




