Description
Prime Lake Ozark Development Opportunity Positioned in the heart of one of the fastest-growing areas at the Lake, this 8.26-acre tract sits directly adjacent to the proposed Osage Nation Casino Development—making this a true “buy ahead of the growth” opportunity. Surrounded by established multifamily, commercial developments, & major retail, the location is hard to beat with immediate access to Bagnell Dam Blvd, Hwy 54, and Osage Beach Parkway. The property offers outstanding potential for apartments, townhomes, or mixed-use development, with strong demand for housing already in place. City water/sewer are available, significantly reducing development hurdles. Currently zoned R1 with a clear path to higher density (R3) and potential commercial (C1) use. Existing improvements include a 3 bed, 3 bath home plus 2 additional residences and a detached garage—ideal for rental income while planning your project. Walkable to major attractions, dining, shopping, entertainment, and just minutes from the Bagnell Dam Strip. Large, well-located parcels like this are becoming scarce. If you’ve been waiting for the right development play at Lake of the Ozarks—this is it.
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3BEDS
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8.26ACRES
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3BATHS
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01/2 BATHS
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1,972SQFT
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$507$/SQFT
Description
Prime Lake Ozark Development Opportunity Positioned in the heart of one of the fastest-growing areas at the Lake, this 8.26-acre tract sits directly adjacent to the proposed Osage Nation Casino Development—making this a true “buy ahead of the growth” opportunity. Surrounded by established multifamily, commercial developments, & major retail, the location is hard to beat with immediate access to Bagnell Dam Blvd, Hwy 54, and Osage Beach Parkway. The property offers outstanding potential for apartments, townhomes, or mixed-use development, with strong demand for housing already in place. City water/sewer are available, significantly reducing development hurdles. Currently zoned R1 with a clear path to higher density (R3) and potential commercial (C1) use. Existing improvements include a 3 bed, 3 bath home plus 2 additional residences and a detached garage—ideal for rental income while planning your project. Walkable to major attractions, dining, shopping, entertainment, and just minutes from the Bagnell Dam Strip. Large, well-located parcels like this are becoming scarce. If you’ve been waiting for the right development play at Lake of the Ozarks—this is it.
Listing information © 2026 Multiple Listing Service of Lake of the Ozarks Board of REALTORS®, Inc. and Bagnell Dam Assocation of REALTORS®. All rights reserved.
These Properties are provided courtesy of Broker Reciprocity/IDX Lake of the Ozarks Board of REALTORS®, Inc. and Bagnell Dam Association of REALTORS® Multiple Listing Services. Real estate listings held by brokerage firms other than Rock Island Realty are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Information is being provided 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. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Data last updated: 2026-05-20T17:26:11.01.