Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakeview Land with Boat Slip Title is generated by Realmo AI

    Whispering Hill Drive lot 4, Blue Eye, MO 65611

    View on Map
    Claim this Listing
    For Sale
    $245,000

    LAND - Blue Eye, MO

    Lot size:
    2.61 Acres
    Added:
    Mar 23, 2026
    Days on Market:
    61
    Last Refresh:
    May 22 at 10:06 am

    Property Features for Whispering Hill Drive lot 4

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    18-2.0-09-001-001-001.017
    Lot size
    2.61 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Persimmon Hill Lot 4
    Tax Annual Amount
    446

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Christopher Reasons
    Christopher Reasons

    Listing agent Christopher Reasons License #2018015568

    Listing office Century 21 Community 319 Cliffhouse Rd, MO

    Listing date Mar 23, 2026

    MLS# 60318806 Listing URL

    Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Includes a 10x24 boat slip within walking distance/golf cart ride.
    • Expansive 2.6‑acre lake‑view lot.
    • Located at the end of a secluded cul‑de‑sac near luxury homes.
    • Ideal for single‑level or walkout basement home plans.
    • Close proximity to Big Cedar Lodge and Thunder Ridge Nature Arena.
    • Electricity Available.

    Overview

    This 2.6-acre lake-view lot is located at the end of a secluded cul-de-sac near a neighborhood of luxury homes. The property offers ample space and gentle terrain, suitable for a single-level layout or a walkout basement plan. A 10x24 boat slip is included, located within walking distance or a short golf cart ride from the property, providing water access. The surrounding lake area community offers a quiet, serene backdrop while remaining close to the Ozarks. The property is located near Blue Eye, with Big Cedar Lodge and Thunder Ridge Nature Arena a short drive away. This lot presents an opportunity for building a dream home in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Blue Eye
    County
    Stone
    State
    Missouri
    Longitude
    -93.4518
    Latitude
    36.5353

    Nearby Similar for Sale

    • $1,300,000

      Development-Ready Land Near Branson

      28.5 acres near Branson, Missouri, with development potential.
      217 S Lake Road, Blue Eye, MO 65611
      View Details
    • $495,000

      Lakefront Land in Blue Eye, MO

      9.22 acres with 650+ feet of Table Rock Lake frontage.
      Grand Cru Estates ,Ll lot: 19-32, Blue Eye, MO 65611
      View Details
    • $234,500
      1,798 SF

      Patio Home in Brushy Creek

      Single-level home with 3 bedrooms, fenced yard, and garage.
      73 Fellowship Lane, Blue Eye, MO 65611
      View Details
    • $154,900

      Table Rock Lake Land Opportunity

      17.25 acres near Table Rock Lake.
      N Oasis Road, Blue Eye, MO 65611
      View Details
    • $55,000

      Lake View Lot with Utilities

      Lake view lot with utilities and easy building access.
      28 Adams Lane, Blue Eye, MO 65611
      View Details
    • $39,900

      Residential Land Near Tablerock Lake

      Residential lot near Tablerock Lake, Big Cedar and Branson.
      Lot 7 Beardsley Creek Drive, Blue Eye, MO 65611
      View Details
    • $699,000

      Land with Table Rock Lake Views

      50+ acre land near Table Rock Lake and Branson.
      Highway Jj, Blue Eye, MO 65611
      View Details
    • $225,000

      Lake View Lot Opportunity

      Scenic lake view lot near Branson, Missouri.
      Grizzly Ridge lot: 2 A, Blue Eye, MO 65611
      View Details
    • $120,000

      Table Rock Lakefront Lot

      0.45-acre lakefront lot on Table Rock Lake.
      Valencia Court lot: 42, Blue Eye, MO 65611
      View Details
    • $295,000

      Table Rock Lake Estate Lot

      10-acre estate lot with lake views near public boat ramp.
      Highway Jj & Twin Island Drive lot: 3, Blue Eye, MO 65611
      View Details
    • $225,000

      Lake View Residential Land

      Residential land with panoramic lake and mountain views near Branson.
      Grizzly Ridge lot: 4-A, Blue Eye, MO 65611
      View Details
    • $300,000

      Land with Lake Views

      11.18 acre estate lot with lake views in Blue Eye.
      Highway Jj & Twin Island Drive lot: 4, Blue Eye, MO 65611
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 2.6-acre lake-view lot with boat slip near luxury homes.
    Where is this waterfront land located?
    The property is located at Whispering Hill Drive lot 4 Blue Eye, MO.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Includes a **10x24 boat slip** within walking distance/golf cart ride.; Expansive **2.6‑acre lake‑view lot**.; Located at the end of a secluded cul‑de‑sac near luxury homes.
    (417) 559-1601
    We can help!
    Listing Contact
    Christopher Reasons
    Christopher Reasons
    Real Estate License ID: 2018015568
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Whispering Hill Drive lot: 4, Blue Eye, MO 65611
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!