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516 SE 4th Terrace

Lee's Summit, MO 64063

4 beds
2 baths
2,100 sqft
11,157 sqft lot
$147 per sqft
1961 build
– on site

Welcome to 516 SE 4th Terrace, where the story of your dream home is ready to be written. Perfectly placed just minutes from the heart of downtown Lee’s Summit, this home puts you in the center of a lively plot—brimming with charming boutiques, cozy coffee shops, and restaurants worthy of a five-star review. Whether your weekend reads include brunch menus or cocktail lists, you’re always just a short stroll from the next page-turning adventure. The main level introduces our protagonist (that’s you) to a warm and inviting space with wood floors, a bright and open living area, and a kitchen stocked with stainless steel appliances and custom cabinetry—the perfect setting for your culinary quests, from elaborate homemade meals to expertly reheated leftovers. And for those who believe every meal should be savored, the dining room features a custom banquette, making it the coziest spot for morning coffee, long dinners, or late-night book club debates. But the plot thickens… Descend into the finished basement, a bonus chapter filled with possibilities. Home theater? Office? Guest suite? The choice is yours. With an egress window and a fourth bedroom, this level offers a flexible space for any narrative twist life throws your way. And then, the grand finale: the backyard. A covered deck sets the stage for morning coffee, evening prosecco, and all the moments in between, while the fenced yard is perfect for pets, gatherings, or your future garden of literary inspiration. Plus, the freshly poured garage floor means you won’t have to edit out any unsightly cracks or blemishes—this home is move-in ready, no rewrites needed. This is one of those books you won’t want to put down—so don’t wait for the sequel. Call today and start writing your next chapter before someone else claims the ending!

Listing courtesy of HMLS / EXP Realty LLC

Last checked: Checking… • Last updated Mar 9, 2025 •

MLS# 2506812 —

The Building

Year Built:

1961
Age Description:

21-30 Years
Construction Materials:

Frame
Roof:

Composition
Basement:

Concrete, Egress Window(s), Finished
Basement:

true
Patio And Porch Features:

Covered Deck
Above Grade Finished Area:

1100
Below Grade Finished Area:

1000

Interior

Interior Features:

All Window Cover, Ceiling Fan(s), Custom Cabinets, Pantry
Rooms Total:

7
Flooring:

Wood
Fireplace:

true
Fireplaces Total:

1
Floor Plan Features:

Ranch
Fireplace Features:

Gas

Room Dimensions

Living Area:

2100

Financial & Terms

Listing Terms:

Cash, Conventional, FHA, VA Loan
Possession:

Funding
Ownership:

Private

Location

Directions:

From I-435, take exit 70A to merge onto I-470 East toward Lee's Summit. Continue on I-470 East for about 7 miles, then take exit 9 for US-50 East toward Sedalia. Merge onto US-50 East and continue for approximately 3 miles. Take the exit toward Todd George Parkway, and then turn right onto Todd George Parkway. Drive south for about a mile, and then turn left onto SE 4th Street. Continue straight, and then take a right onto SE 4th Terrace. Your destination, 516 SE 4th Terrace, will be on your left.

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Parcel Number:

61-240-15-07-00-0-00-000
Lot Size SqFt:

11157
Lot Size Area:

11157
Lot Size Units:

Square Feet
Fencing:

Metal
Other Structures:

Shed(s)
In Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Total Amount:

3583

Beds

Bedrooms Total:

4

Baths

Full Baths:

2
Total Baths:

2.00

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Cooling:

Electric
Cooling:

true
Heating:

Natural Gas, Forced Air

Utilities

Sewer:

City/Public
Water Source:

Public
Telecom:

High Speed Internet - Available

Appliances

Appliances:

Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)

Schools

High School District:

Lee's Summit

The Community

Subdivision Name:

Bartletts Addition
Association:

false

Parking

Garage:

true
Garage Spaces:

1
Parking Features:

Attached

Monthly cost estimate

Asking price

$310,000

Expense	Monthly cost
Mortgage	$1,659
Taxes	$298
Insurance	$85
Utilities	$192 See report
Total	$2,234/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
3/9/25 Mar 9, 2025	Pending	HMLS	$310,000	3.7%
3/5/25 Mar 5, 2025	Listed / Active	HMLS	$299,000	32.9% (7.2% / YR)
8/7/20 Aug 7, 2020		HMLS	$225,000

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This house located in Downtown Lee's Summit, Lee's Summit, MO 64063 is currently pending sale for $310,000. 516 SE 4th Terrace is a 2,100 square foot house with 4 beds and 2 baths that has been on Estately for 10 days. 516 SE 4th Terrace is in the Downtown Lee's Summit neighborhood of Lee's Summit and has a WalkScore® of 60, making it somewhat walkable.

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2025, Heartland Multiple Listing Service, Inc. Heartland MLS and Estately, Inc. do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non- commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.