15231 Martingale Road Gravois Mills Missouri 4 bedroom 3 bathroom home for sale listed at $490,000
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For sale Price reducedLakefront3-well dock

15231 Martingale Road

Gravois Mills, MO 65037· Morgan County· Clearwater
$490,000
$495,000
MLS# 3587488 · Listed by Lake Expo Real Estate
4
Bedrooms
3
Baths
1,766
Sq ft
1983
Built
Lot0.08 acresOn market152 daysTaxes$2,061/yrListedMay 22, 2026

Lake facts

On the water

Frontage
Lakefront
Waterfront
Cove, Seawall
Dock
3 wells, electric, swim platform
Boat slips
3
Dock permit
On file
Subdivision
Clearwater

As reported to the MLS by Lake Expo Real Estate. Dock permits, slip assignments and HOA rules are worth confirming before an offer.

About this property

Lake living with room to spread out! Located in a cove-protected setting at the Lake of the Ozarks, this property offers the perfect balance of calm water, lake access, and convenience. Included with the home is a second lakefront lot, giving you additional privacy, extra outdoor space, or future potential. Enjoy peaceful cove living while still being just around the corner from some of the lake’s favorite waterfront bars and restaurants, making it easy to spend your days on the water and your evenings enjoying the best of lake life. Whether you’re looking for a full-time residence, weekend retreat, or investment opportunity, this property offers the kind of location and flexibility that’s hard to find. Quiet water, extra lakefront ground, and close proximity to entertainment—this is Lake of the Ozarks living done right. Comes with a 1 year home warranty and $10,000 in seller concessions at closing that can be used for a rate buy down!

Property Details

Property TypeResidential
Property SubtypeSingle Family Residence
StyleTwo Story
ConstructionWood Siding
LevelsTwo
Year Built1983
Bedrooms4
Bathrooms Full2
Bathrooms Half1
Sq Ft (Living)1766.00
Lot Size0.08 Acres
Lot Dimensions80'x40' IRR & 80'X54'
SubdivisionClearwater
CountyMorgan
Parcel Number155022200002019001

Interior

Interior Features
Wired for Sound
Appliances
DishwasherDisposalMicrowaveRangeRefrigeratorStove
HeatingElectric, Forced Air
CoolingCentral Air
Fireplace FeaturesNone

Exterior

Exterior Features
Concrete DrivewayDeckGravel Driveway
Patio & Porch
CoveredDeck
Lot Features
Lake Front

Utilities

SewerSeptic Tank
WaterShared Well, Community/Coop

Financial Details

List Price$490,000
Original Price$538,000
Annual Taxes$2,061 (2025)

See it

In person, or on live video

Visiting the lake? Meet an agent at the property. Not here this week? An agent walks it with you on a video call, down to the dock and along the shoreline.

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Ask about this property

The dock, the shoreline, the HOA, the drive in — ask anything, and we will find out from the listing brokerage if we do not know.

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Listing information is provided through the Broker Reciprocity/IDX program of the Lake of the Ozarks Board of REALTORS® and Bagnell Dam Association of REALTORS® MLS, Inc.

This information is intended for consumers' personal, noncommercial use to identify properties they may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Properties are subject to prior sale, change, or withdrawal.

Listing courtesy of Lake Expo Real Estate, (573) 693-1613. Listed by AIMEE M AMBURGEY.

MLS# 3587488 · Key: LOBR1169492380

© 2026 Lake of the Ozarks Board of REALTORS® and Bagnell Dam Association of REALTORS® MLS, Inc. All rights reserved.

MLS data last updated: Oct 24, 2026, 5:19 AM CDT