7988 Elder Lane Palmyra Missouri 4 bedroom 3 bathroom home for sale listed at $649,000
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ACTIVE
$649,000
MLS# MIS26058411

7988 Elder Lane

Palmyra, MO 63461· Marion County
N/A
18.9
Acres
4
Bedrooms
Country Home
Type
3
Bathrooms
3,550 sf
Home Sq Ft
1903
Year Built
$4,032/yr
Est. Taxes
0 Days
On Market
September 11, 2026
Listed

About This Property

Country living with modern comfort! This beautifully remodeled 3,550-square-foot farmhouse sits on 18.9 acres and offers an impressive combination of space, privacy, character, and extensive recent improvements. Featuring 4 bedrooms and 3 bathrooms, the home has been thoughtfully updated while preserving the charm and unique features that make a farmhouse special. Major upgrades include a brand-new metal roof, new siding and gutters, new HVAC system, new water heaters, new septic system, new one-car garage, water purification and softener systems, whole-home air filtration, and numerous additional improvements throughout the fresh remodel. Step outside and enjoy fantastic views overlooking surrounding farmland and mature trees, including incredible scenery from the private second-level balcony—a perfect place to relax and take in the peaceful countryside. The enclosed sunporch provides another relaxing space to really enjoy. The completely fenced yard provides plenty of room for children, pets, entertaining, or simply enjoying the outdoors, while the acreage offers opportunities for pasture, hunting, walking trails, recreation, or creating your own private country retreat. A new 56' x 36' shed provides excellent space for equipment, storage, hobbies, or agricultural use, and a salvaged old-fashioned root cellar adds a truly unique piece of history and character to the property. Despite its private country setting, the property remains conveniently located a few miles outside of town and between Palmyra and BASF on Highway 168, this property has easy access to both Hannibal and Quincy. With nearly 19 acres, beautiful views, substantial new improvements, versatile outbuildings, and one-of-a-kind features throughout, this is much more than a remodeled farmhouse—it is a property that truly needs to be seen in person to appreciate everything it has to offer.

Land & Acreage

Property TypeResidential (Home on Acreage)
SubtypeSingle Family Residence
Acreage18.90 acres
Lot Sq Ft823,284 sq ft
CountyMarion County
Parcel Number008.05.21.0.00.002.020
SubdivisionN/A

Land Features & Use

Terrain & Lot Features
Few TreesLandscapedNatural FoliageOpen LotPasturePond on LotRolling SlopeSuitable for Horses
View
Rural
Fencing
Chain LinkFenced

Water & Utilities

Water SourcePublic
Sewer / SepticSeptic Tank
ElectricSingle Phase, 220 Volts
UtilitiesElectricity Connected, Propane, Propane Owned, Water Connected

Structures & Outbuildings

On the Property
Shed(s)Storage

The Home

Bedrooms4
Bathrooms Full3
Living Area3,550 sq ft
Year Built1903
LevelsTwo
StyleRanch
ConstructionBlown-In Insulation, HardiPlank Type, Lap Siding, Spray Foam Insulation
HeatingHeat Pump, Propane
CoolingCeiling Fan(s), Central Air
BasementConcrete, Crawl Space, Radon Mitigation, Sump Pump
Garage1.0 Car
Interior Features
Breakfast BarCeiling Fan(s)ChandelierCrown MoldingCustom CabinetryDouble VanityEat-in KitchenEntrance FoyerHigh CeilingsHistoric MillworkShowerSoaking TubWalk-In Closet(s)
Appliances
Stainless Steel Appliance(s)Gas CooktopMicrowaveGas OvenPropane Water HeaterBuilt-In RangeGas RangeRefrigeratorTankless Water HeaterWater PurifierWater Softener
Exterior Features
BalconyPrivate YardStorage

Financial & Terms

List Price$649,000
Original Price$649,000
Annual Taxes$4,032 (2025)
Listing TermsCash, Conventional, FHA, USDA, VA Loan
PossessionClose Of Escrow
Legal Description

A TRACT OF LAND LYING IN NE 1/4 OF SEC 20

About Marion County

Lincoln Hills & Northeast Riverlands
Land & Farm

Mississippi bottoms and hill-country timber along the river.

Marion County lies along the Mississippi River in Northeast Missouri, where rich bottom farmland meets the timbered hills that back it. The river bottoms carry productive row-crop ground, while the uplands hold oak-hickory timber, pasture, and the field edges that hold game. The river corridor makes for a natural draw for waterfowl, and the surrounding hardwoods support the whitetail and turkey hunting this region has built its reputation on. Buyers find a working agricultural county with genuine recreational depth, from tillable acreage and cattle ground to timbered hunting tracts. Marion County offers the riverland mix at the core of this region: farm productivity paired with the outdoor appeal that draws land buyers north.

Terrain
River bottoms and timbered uplands
Land Use
Row-crop farms, cattle pasture, timber
Water
Mississippi River frontage, creeks, sloughs
Recreation
Waterfowl, whitetail, and turkey hunting
Area overview for general orientation — verify specifics independently.
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Listing information is deemed reliable but not guaranteed and should be independently verified. IDX information provided by MARIS MLS. Listing courtesy of Ragar Realty. Listed by Wesley Tuley.

MLS# MIS26058411 · Key: MIS208247836 · Last updated: Sep 11, 2026

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