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A Horse Lover's Dream -- 78.67 Acres of Opportunity! Discover the possibilities with this exceptional 78.67-acre horse farm and multifamily homestead, offering the perfect blend of country living, equestrian amenities, and income potential. Tucked away in a secluded setting yet centrally located between Joplin, Diamond, Neosho, and Carthage, this unique property is ready to accommodate your vision, whether it's an equestrian operation, cattle farm, hunting retreat, or private family homestead. At the heart of the property is an impressive 100' x 200' barn, featuring an indoor arena, stalls, tack rooms, and a concession area--an incredible setup for horse enthusiasts, training, boarding, or hosting equestrian events. The property also boasts a standard-sized outdoor arena complete with pipe fencing and roping boxes. The multifamily homestead includes two separate residences, offering flexibility for extended family, farmhands, guests, or potential rental income. The first residence is a 1940-built ranch-style home that combines character with thoughtful updates, including improvements to the kitchen, primary bedroom & bathroom, exterior, and many other things. With 4 bedrooms and 2 full bathrooms, this home features a spacious primary suite with a walk-in closet and convenient access to the front porch--perfect for enjoying peaceful country mornings. The second residence is a newer, approximately 3-year-old home featuring 3 bedrooms and 2 bathrooms, including a comfortable primary suite. Built with Insulated Concrete Forms (ICF), this home offers enhanced structural strength and energy efficiency. Both homes feature durable metal roofs. With 78.67 acres at your disposal, there is room to roam, ride, hunt, raise cattle, or create the rural lifestyle you've always envisioned. The combination of expansive acreage, impressive equestrian facilities, and two homes opens the door to multiple possibilities, including horse boarding, cattle operations, or renting the second residence for additional income potential. Seclusion, versatility, and opportunity--all in one remarkable property. Come explore the possibilities!

Highlights

  • Farm
  • 78.67 Acre Lot
  • 20 days on Market

  • Bedrooms
    7
  • Bathrooms
    4
  • Architectural Style
    Ranch
  • Construction Materials
    Vinyl Siding, Brick, ICFs (Insulated Concrete Forms)
  • Living Area
    3500.0
  • Patio And Porch
    Patio, Deck, Porch

  • Acres
    78.67
  • Lot Features
    Level, Cleared, Pasture, Few Trees

  • Area
    06 - Diamond/Granby Area
  • County
    Newton
  • City
    Diamond
  • Zip Code
    64840

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Frequently Asked Questions

How do I schedule a tour of 14940 State Highway V?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 14940 State Highway V.

They know farms in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 14940 State Highway V?

Click Ask a Question to talk with our team. You already know it is a 7 bed, 4 bath, listed for $1,375,000. We can talk through recent upgrades, potential seller motivation, how this farm compares to others in Diamond, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 14940 State Highway V?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 14940 State Highway V at around $7,980. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 14940 State Highway V?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Newton County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 14940 State Highway V?

In most cases, yes. Whether 14940 State Highway V is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Diamond's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 14940 State Highway V?

We can handle that for you. Our preferred local agent specializes in farms in Diamond and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,375,000 with 3,500 sqft of space—that comes out to approximately $393 per square foot.

How long has this property been on the market?

14940 State Highway V was listed on October 19, 2026, which means it's been on the market for 20 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

14940 State Highway V sits on a 78.67-acre lot, which is 3,426,865 square feet.

What are the property taxes for 14940 State Highway V?

The most recent public record shows annual property taxes for 14940 State Highway V were approximately $1,859. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 14940 State Highway V still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Ozark Gateway Association of REALTORS. All rights reserved.

Last Updated: November 08, 2026 at 07:37PM | Source: Ozark Gateway Association of REALTORS | MLS#: 265913