Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakefront Waterfront Land Parcel Title is generated by Realmo AI

    Damsel Road lot 38, Lake Ozark, MO 65049

    View on Map
    Claim this Listing
    New
    For Sale
    $399,876

    LAND - Lake Ozark, MO

    Lot size:
    0.26 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 4 at 1:06 pm

    Property Features for Damsel Road lot 38

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    APN
    015021000000021001
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    All of Lot 38 in Horseshoe Bend No. 10, Camden County, MO
    Tax Annual Amount
    580

    Utilities

    Water front features
    Lake Front
    Water front
    1

    We can help!

    Listing Contact
    MARY ALBERS

    Listing agent MARY ALBERS License #1999093306

    Listing office Albers Real Estate Advisors 3287 Bagnell Dam Boulevard, Lake Ozark, MO

    Listing date Jun 2, 2026

    MLS# 3587700 Listing URL

    Copyright © 2026 Bagnell Dam Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Lakefront lot with 100 feet of shoreline on the main lake at the 4.5‑mile marker
    • Located on Horseshoe Bend on the Lake of the Ozarks
    • No HOA restrictions reported
    • No subdivision assessments reported
    • Driveway parking

    Overview

    This waterfront land parcel is positioned for a lakefront home with direct shoreline on the main lake. The property offers 100 feet of shoreline at the 4.5-mile marker, giving you a strong foundation for enjoying lake views, boating access, and sunset scenery. The site is described as located on Horseshoe Bend, with no HOA restrictions and no subdivision assessments, allowing you to create and manage your property without ongoing association fees.

    The location is highlighted as central to both land and water activities around the Lake of the Ozarks. The remarks note easy access to popular waterfront restaurants, entertainment, championship golf courses, shopping, and recreational attractions, supporting both full-time living and weekend use.

    For buyers looking for a turnkey lake lifestyle build site, this parcel’s combination of main-channel frontage and limited restrictions is positioned as a rare opportunity. Whether you’re planning a primary residence or a personal getaway, the shoreline and freedom from HOA and assessment obligations make it well-suited for buyers who want to design their own lake home plan while keeping ongoing community requirements to a minimum.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Lake Ozark
    County
    Camden
    State
    Missouri
    Longitude
    -92.705465
    Latitude
    38.216666

    Nearby Similar for Sale

    • $1,999,900
      3,824 SF

      Lake Ozark Commercial Lakefront Property

      Prime commercial real estate with lake views and development potential.
      2380,2400 and 2404 Bagnell Dam Boulevard, Lake Ozark, MO 65049
      View Details
    • $3,200,000
      12,322 SF

      Versatile Destination Property in Lake Ozark

      Scalable destination property with unlimited upside in Lake Ozark.
      100 Grand Vintners Lane, Lake Ozark, MO 65049
      View Details
    • $694,900
      2,618 SF

      Versatile Waterfront Four-Unit Property

      Updated four-unit property with main channel views and rental potential.
      1111 Ginger Road, Lake Ozark, MO 65049
      View Details
    • $3,999,000
      29,369 SF

      Lake Ozark Premier Office Building

      Iconic office building with lake and highway frontage.
      2140 Bagnell Dam Boulevard, Lake Ozark, MO 65049
      View Details
    • $1,700,000
      6,049 SF

      Lake Ozark Investment Opportunity

      Two fully furnished lakefront homes with resort-style amenities.
      2675 & 2677 Bittersweet Road, Lake Ozark, MO 65049
      View Details
    • $999,900

      Lake Ozark Development Opportunity

      8.26-acre tract near proposed Osage Nation Casino Development.
      126 S Fish Haven Road, Lake Ozark, MO 65049
      View Details
    • $4,400,000

      Lake Ozark Mixed-Use Waterfront Land

      Prime 8-acre waterfront property with mixed-use zoning.
      Bagnell Dam Boulevard, Lake Ozark, MO 65049
      View Details
    • $3,299,900

      Prime Land with Panoramic Views

      Strategic 37+/- acre site with unmatched visibility and development potential.
      Wood River Road, Lake Ozark, MO 65049
      View Details
    • $449,000

      Commercial Lot in Lake Ozark

      Prime commercial lot with highway frontage in Lake Ozark, MO.
      3285 Bagnell Dam Blvd, Lake Ozark, MO 65049
      View Details
    • $427,500

      Lake Ozark Development Opportunity

      5-acre parcel near Aquatic Center and Cove Golf Course.
      Horseshoe Bend Parkway, Lake Ozark, MO 65049
      View Details
    • $449,000

      Commercial Lot in Lake Ozark

      Prime commercial lot with highway frontage in Lake Ozark, MO.
      3285 Bagnell Dam Blvd, Lake Ozark, MO 65049
      View Details
    • $675,000

      Lake Ozark Development Opportunity

      Nine lots for development in desirable Lake Ozark location.
      Pebble Beach Lane, Lake Ozark, MO 65049
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Build a private main-channel lake retreat with direct shoreline and flexibility from HOA and subdivision assessments.
    Where is this waterfront land located?
    The property is located at Damsel Road lot 38 Lake Ozark, MO.
    What is the asking price?
    The asking price for this property is $399,876.
    What are key features of this property?
    This property features: Lakefront lot with 100 feet of shoreline on the main lake at the 4.5‑mile marker; Located on Horseshoe Bend on the Lake of the Ozarks; No HOA restrictions reported
    (573) 693-7000
    We can help!
    Listing Contact
    MARY ALBERS
    Real Estate License ID: 1999093306
    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
    Damsel Road lot: 38, Lake Ozark, MO 65049
    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!