Backup offers
#25045414, Listing office: Hannibal Realty LLC
$399,000 List price
49-51-51 Terrace Ln Hannibal, MO 63401
2 beds
2 full
952 sqft
1.7 acres
$419 / sqft
House
Property details
About 49-51-51 Terrace Ln
This distinctive property, located just outside the city limits of Hannibal, offers exceptional character and is currently vacant and ready for immediate occupancy. Showcasing quality woodwork and an open floor plan, the residence exudes a refined rustic charm reminiscent of a cabin-style retreat. The main level features a spacious bedroom, a full bathroom, and a seamlessly integrated dining, kitchen, and living area with three exterior doors that provide direct access to the outdoors. The upper level includes an expansive loft area with a second full bathroom, offering flexible space suitable for a variety of uses. Outdoors, the property includes a generous yard and a substantial 48x88 outbuilding that houses a fully equipped two-bedroom apartment. This apartment includes a bathroom, water, and electric service—presenting an excellent opportunity for rental income or multigenerational living. The home is conveniently situated near healthcare facilities, retail, dining, and other amenities, with Mark Twain Lake accessible within a 30-minute drive. This well-appointed property offers a rare blend of privacy, functionality, and proximity to town, making it an ideal choice for discerning buyers seeking a unique and versatile residence.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size952 sqft
Lot size1.67 Acres
Year built2011
ParkingAdditional Parking
MLS #25048123
Garage3 spaces
ViewOther
Summary
- Full Bathrooms: 2
- Appliances: Electric Cooktop, Microwave
- Basement: No
- Flooring Type: Carpet, Ceramic Tile
- Interior: Beamed Ceilings, Breakfast Bar, Cathedral Ceiling(s), Cedar Closet(s), Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Kitchen/Dining Room Combo, Open Floorplan, Shower, Special Millwork
- Total Bedroom Count: 2
- Garage Space: 3 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Additional Parking
- View: Other
- Exterior: Private Yard, Storage, Patio
- Architectural Style: Cabin, Rustic
- Heating: Forced Air
- Cooling: Central Air
- List Price: $399,000
- Price/SqFt: $419
- Lot: Front Yard, Landscaped, Open Lot, Private
- Directions: GPS Friendly/Sign Posted
- Year Built: 2011
- Living Area: 952 SqFt
- Lot Size: 1.67 Acres
- MLS Number: 25048123
- MLS Name: MARIS2
- Office Name: Prestige Realty, Inc
- Office Phone: (573) 221-8171
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 4:38:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
6
Mark Twain Elementary School
Public District KG-5
1.2 mi
•2800 Bird St
8
Oakwood Elementary School
Public District KG-5
1.4 mi
•3716 Market St
3
Veterans Elementary School
Public District KG-5
1.6 mi
•790 N Veterans Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,776. Typical income of Hannibal, MO residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
34%
<35k
51%
35k-100k
14%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
12%
Single, with Kids
36%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
17%
18-34 yrs old
39%
35-64 yrs old
25%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
PGA/LPGA
Where do the neighbors shop?
Stein Mart
Dollar General
Kmart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Sonic
What do the neighbors drive?
Buick
Ram
Lincoln
What do the neighbors listen to?
Adult Standards
Classic Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Hannibal, MO
Transportation in Hannibal includes a mix of private and public transit options, with local bus services providing connectivity within the town and its surroundings. The community's layout and infrastructure support a moderate level of walkability, particularly in the downtown area, which is designed to be pedestrian-friendly. For those commuting or traveling by car, Hannibal is served by a network of roads that connect to major highways, facilitating access to nearby cities and states. While ride-sharing services are present, they complement rather than dominate the transportation landscape.
The community is served by a network of public schools, including elementary, middle, and high schools, that cater to the educational needs of local families. Hannibal also hosts a number of healthcare facilities, offering residents access to primary care, emergency services, and specialized medical treatments. The town's public library system supports lifelong learning and community activities. Retail and dining options in Hannibal reflect the local culture, with an emphasis on independent businesses and eateries that highlight regional cuisine and crafts.
Hannibal is celebrated for its strong literary heritage as the hometown of famed author Mark Twain. The community prides itself on maintaining a quaint, small-town atmosphere that is both welcoming and steeped in cultural history. Annual events, such as the National Tom Sawyer Days, capture the town's spirit and draw visitors from across the region. The town's character is further defined by its scenic riverfront and historic downtown area, which serve as central hubs for community engagement and local festivities.
Hannibal's housing market offers a blend of architectural styles, with a significant presence of historic homes that reflect the town's rich past. Single-family homes are prevalent, many of which exhibit Victorian and Colonial influences, indicative of the town's historical significance. The market also includes a selection of modern apartments and townhouses, accommodating a range of preferences and lifestyles. The homeownership rate in Hannibal is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.
About 49-51-51 Terrace Ln
The listing price of 49-51-51 Terrace Ln property is $399,000.
The property 49-51-51 Terrace Ln is a house located in Hannibal, Missouri, 63401.
Active Listing: 49-51-51 Terrace Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 49-51-51 Terrace Ln are: Mark Twain Elementary School (GreatSchools Rating 6/10), Oakwood Elementary School (GreatSchools Rating 8/10), Veterans Elementary School (GreatSchools Rating 3/10), Hannibal Middle School (GreatSchools Rating 5/10), Palmyra Middle School (GreatSchools Rating 4/10), Western Jr High School (GreatSchools Rating 6/10), Hannibal Sr. High School (GreatSchools Rating 4/10), Palmyra High School (GreatSchools Rating 7/10), Seymour High School (GreatSchools Rating 4/10).
The property at 49-51-51 Terrace Ln has 2 bedrooms and 2 bathrooms.
The property 49-51-51 Terrace Ln is 952 SqFt (source: MLS/tax record).
The year of construction for 49-51-51 Terrace Ln is 2011.
This home is located at 49-51-51 Terrace Ln in Hannibal, MO and zip code 63401. This 952 square foot home, which was built in 2011, sits on a 1.67 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $399,000.
In June 2025, from all listings sold in Hannibal, MO there were more than 2 sold above asking price, over 17 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Hannibal, MO decreased by 3.7% between May and June 2025. While the average time on the market in June 2025 was 77 days, the median list price was $264,450.
From Rocket Homes Real Estate and based on county public records data.