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556 Oak Terrace Drive, Farmington, MO, 63640

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 3 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.

Subdivision: McCormick Acres

List Price

$ 890,000

Status

Active

Days on market

0

MLS#

26024514

Bedrooms

4

Full baths

5

Sq. Ft. Above

9,831

Sq. Ft. Below

2,700

Subdivision

McCormick Acres

Municipality

Farmington

School District

Farmington R-VII

County

St Francois

Property Type

Residential

Style

Colonial,Traditional,Other

Type

Residential

Additional Information

Property Tax (2025)

$6,260

Recent Nearby Sales in 63640

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
831 Bell Drive, Farmington, MO 63640 3/2 1,340 $259,900 $256,000
98.5% of ask
Sep 3, 2026
408 S A Street, Farmington, MO 63640 3/2 1,140 $249,900 $253,500
101.4% of ask
Sep 1, 2026
1036 Ridgewood Farms Road, Unincorporated, MO 63640 4/3 1,604 $450,000 $436,500
97% of ask
Aug 31, 2026
806-820 Progress Drive, Farmington, MO 63640 0/0 -- $1,600,000 $1,000,000
62.5% of ask
Aug 31, 2026
501 Louise Street, Farmington, MO 63640 4/2 1,020 $235,000 $225,000
95.7% of ask
Aug 28, 2026
4765 Quail Run Road, Farmington, MO 63640 5/5 2,660 $610,000 $593,000
97.2% of ask
Aug 28, 2026

Price & Listing History

Listed for sale
May 1, 2026 at $999,000
Price reduced by $109,000 (10.9%)
From $999,000 to $890,000
Current status: Active
As of Aug 15, 2026 · $890,000

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Room Dimensions

Room Type

Kitchen

Room Dimensions

25x15

Breakfast Room

20x11

Dining Room

21x17

Office

16x15

Great Room

29x17

Living Room

15x20

Hearth Room

25x13

Primary Bedroom

17x26

Primary Bathroom

17x20

Bedroom

15x15

Bedroom

17x15

Bedroom

15x12

Bathroom

11x5

Recreation Room

47x24

Laundry

13x13