Lakefront · Gravois Mills

15231 Martingale Road

$490,000

Lakefront in Gravois Mills, a three-slip dock in a cove

  • 4 bedrooms
  • 2½ baths
  • 1,766 sq ft
  • 0.08 acres

Listed by Lake Expo Real Estate · (573) 693-1613

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!

On the water

The dock & the shore

As reported to the MLS by Lake Expo Real Estate. Permits, slip assignments and association rules are worth confirming — we will find out for you.

Frontage
Lakefront
Cove frontage
Dock
3 slips
electric · swim platform
Dock permit
On file
Shoreline
Seawall

Specifications

The details

The residence
Type
Single Family Residence, Two Story
Built
1983
Living area
1,766 sq ft
Bedrooms
4
Bathrooms
2½ baths
Levels
Two
Construction
Wood Siding
Interior
Features
Wired for Sound
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Stove
Heating
Electric, Forced Air
Cooling
Central Air
Grounds
Land
0.08 acres
Lot dimensions
80'x40' IRR & 80'X54'
Lot
Lake Front
Outdoor living
Covered, Deck, Concrete Driveway, Deck, Gravel Driveway
Systems
Sewer
Septic Tank
Water
Shared Well, Community/Coop
The listing
Price
$490,000
Annual taxes
$2,061 (2025)
Listed
November 3, 2026
Parcel
155022200002019001
MLS number
3591230

The setting

Gravois Mills

The Gravois arm: long, quiet and wooded.

The Gravois Mills guide Directions
Lake of the Ozarks

Cost of ownership

Estimated payment
$3,025/mo
Property taxes
$2,061/yr
Adjust the estimate

The estimate assumes a conventional second-home loan with 20% down at a typical rate, and includes taxes and association dues where the listing states them. It is not a loan offer.

A private showing

See it in person, or from wherever you are

Visiting the lake? We will meet you at the property. Not here this week? We walk it with you on a live video call — through the house, down to the dock and along the shoreline — and answer what the listing does not.

Or reach us directly at (573) 855-4254 or joseharrison@oakhaushomes.com.

Request information

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.

Optional — we can answer by email instead. We only text you about what you check below, and each is a separate choice.

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. Multiple Listing Service. This information is copyrighted by the Lake of the Ozarks Board of REALTORS® and Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service.

Information is 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 is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Listing courtesy of Lake Expo Real Estate, (573) 693-1613.

MLS# 3591230

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

MLS data last updated: November 3, 2026 at 8:07 PM CST