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Land for Sale in Lebanon, Missouri

25990 Pennington Dr, Lebanon, MO 65536

$124,900
7 acres
Active sale
ago
Est $858/mo

?? Airbnb / Short-Term Rental Investor Listing

Historic Route 66 | Turn-Key Infrastructure | Expansion Ready

This 7-acre hilltop property overlooking Historic Route 66 offers a rare combination of visibility, infrastructure, and scalability, making it ideal for short-term rentals, a tiny home resort, or themed Route 66 lodging. Positioned just outside city limits, the property provides privacy while maintaining excellent access and exposure. Cleared areas sit atop what is believed to be the highest hill along Missouri’s I-44, offering long-range views and a memorable guest experience. A large roadside sign is already installed and visible from I-44, Pennington Dr., and Historic Route 66—perfect for branding and guest discovery.

Investor-Ready Infrastructure

  • No zoning restrictions
  • County water with five hydrants
  • Lagoon wastewater system
  • Two electric meters with security lighting
  • Multiple cleared building sites with wooded privacy buffers

Existing Lodging & Revenue Potential

  • Two-level rustic cabin with water, electric, and sewer connections?Perfect for renovation into an Airbnb or owner’s quarters
  • cleared building site

? Electric, Water & Sewer at site

? 14x32 concrete patio ideal for outdoor guest space

  • 6-person working hot tub
  • Large stone fire circle for guest gatherings

Expansion & Guest Amenities

  • Space to add multiple tiny homes or cabins
  • RV accommodations with

? Two 50-amp hookups

? One 110 outlet

? Water & sewer connections

  • Abundant wildlife, wooded trails, and quiet hilltop setting
  • Existing barn and sheds for maintenance or amenity storage

With its Route 66 branding opportunity, established utilities, and scenic elevation, this property is primed for a multi-unit short-term rental operation with room to grow.

Location

Street address
25990 Pennington Dr
Community
Rural Area
School district
Lebanon R-III
Elevation
1,299 feet
Coordinates
37.7156, -92.6098

Directions

From Lebanon, Travel Elm Street towards the hospital and take a left at the 4 way stop by the hospital. Travel out that outer road and the property will be on the right hand side.

Property details

Acreage
7 acres
MLS #
MARIS 26026985
Posted

Property taxes

2025
$192

Parcels

  • 12-3.1-05-000-000-003.000

Legal description

Details and features

Listing

Type
Land
Franchise
RE/MAX International

Nearby schools

NameTypeDistrict
Lebanon RIIIElementaryLebanon R-III
Lebanon Middle SchoolMiddleLebanon R-III
Lebanon Sr. HighHighLebanon R-III

Listing history

DateEventPriceChangeSource
May 2, 2026New listing$124,900MARIS
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This 7-acre property is located at 25990 Pennington Dr in Lebanon, MO 65536. The property is available for sale for $124,900 with a price per acre of $17,843.

Checked 2 hours ago — Updated

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