Gravois Mills Homes under $250,000

Welcome to Gravois Mills, a hidden gem nestled in the heart of Missouri! This charming community is situated along the beautiful shores of the Lake of the Ozarks, offering residents a perfect blend of tranquility and adventure. With its picturesque landscapes, friendly atmosphere, and a variety of recreational activities, Gravois Mills is an ideal place for families, retirees, and anyone looking to embrace a laid-back lifestyle.

One of the standout features of Gravois Mills is its affordability in the housing market. Here, you can find delightful homes under $250,000, making it an attractive option for first-time buyers or those seeking a cozy retreat. These homes often boast charming architecture, spacious yards, and proximity to the lake, allowing you to enjoy the natural beauty right outside your door.

In Gravois Mills, outdoor enthusiasts will thrive with ample opportunities for boating, fishing, hiking, and exploring the surrounding state parks. The community is also home to local shops, restaurants, and seasonal events that foster a strong sense of community. Whether you’re taking a leisurely stroll along the waterfront or enjoying a family picnic in one of the nearby parks, you’ll quickly fall in love with the small-town charm that Gravois Mills has to offer.

With its affordable housing options and vibrant community spirit, Gravois Mills is not just a place to live; it's a place to call home. Discover the beauty and warmth of this enchanting town today!

Newest Gravois Mills Homes under $250,000

$225,000

1 Beds ⋅ 1 Baths ⋅ 3590537 MLS

Wake up to a wonderful view of the lake from this charming single-family home at the five-mile marker of the Gravois Arm. At 724 square feet, it offers one bedroom and one bath, plus a built-in Murphy bed that lets the living space do double duty for guests. A carport with parking for four makes hosting easy, and the location is the real headline — you're steps from Lake Burger and Flip Flops, two of the area's favorite stops, and less than five minutes from Mermaid Cove, where the opportunity to lease or rent a boat slip is always within reach. Best of all, the home is being sold mostly furnished, so it's truly turnkey. Zoned and ready for nightly rentals, it's a natural fit for VRBO or Airbnb. Whether you're looking for your own lake getaway or a property with real income potential, opportunities like this don't sit long on the Gravois Arm. Call today to schedule your private showing.

29556 Hunter Road, Gravois Mills

Courtesy of RE/MAX Lifestyles 573-569-4388

$89,500

3590463 MLS

outstanding O road location with good highway frontage and Big 60x30 foundation and concrete floor on site with brand new roof put on. Would make excellent storage building or could finish out to make a home

16604 Hwy O, Gravois Mills

Courtesy of RE/MAX at the Lake (573) 374-5206

33325 Bass Point Road Unit 18, Gravois Mills

$185,000

2 Beds ⋅ 1 Baths ⋅ 3589794 MLS

Adorable Vintage Cabin! Located in a beautifully restored resort community, the property features vaulted ceilings, tile flooring, covered and open patios, a level walkout to the water, and an available 12x32 boat slip in a protected cove off the Osage Arm. Guests love the vintage resort-style amenities including two outdoor pools, indoor pool, kiddie pool, boat ramp, trailer storage, clubhouse, game room, laundry facilities, covered fishing dock, playgrounds, tennis courts, and basketball courts. Optional on-site management makes this a turnkey investment just minutes from popular lake attractions, dining, and entertainment. A rare chance to own waterfront property with strong rental appeal and exceptional amenities! Unit 17 is also available. Boat slip is $25,000 additional. Check out: https://www.basspoint.com/Accommodations/

33325 Bass Point Road Unit 18, Gravois Mills

Courtesy of Lake Homes Realty, LLC 866-525-3466

33325 Bass Point Road Unit 17, Gravois Mills

$185,000

2 Beds ⋅ 1 Baths ⋅ 3589795 MLS

Adorable Vintage Cabin! Located in a beautifully restored resort community, the property features vaulted ceilings, tile flooring, covered and open patios, a level walkout to the water, and an available 12x32 boat slip in a protected cove off the Osage Arm. Guests love the vintage resort-style amenities including two outdoor pools, indoor pool, kiddie pool, boat ramp, trailer storage, clubhouse, game room, laundry facilities, covered fishing dock, playgrounds, tennis courts, and basketball courts. Optional on-site management makes this a turnkey investment just minutes from popular lake attractions, dining, and entertainment. A rare chance to own waterfront property with strong rental appeal and exceptional amenities! Unit 18 is also available. Boat slip is $25,000 additional. Check out: https://www.basspoint.com/Accommodations/

33325 Bass Point Road Unit 17, Gravois Mills

Courtesy of Lake Homes Realty, LLC 866-525-3466

$215,000

3 Beds ⋅ 2 Baths ⋅ 3589649 MLS

It's BIKE WEEK- take a ride to 1545 Highway O in Gravois Mills—where flexibility, privacy, and convenience come together on a beautiful half-acre wooded lot across from Indian Rock Golf Club. This distinctive ranch offers 3 bedrooms, 2 bathrooms, and a completely separate living area. The main home features an inviting Great Room with a decorative inverted vaulted ceiling and fireplace. Updated Kitchen. Two main-level bedrooms (no closets) offer direct deck access. The guest suite is complete with its own living area, bedroom, bathroom, AC unit, and private entrance. Perfect for family, a home office, or potential rental income, this versatile space adds tremendous value and opportunity. Retreat to the peaceful and private wooded setting from the property's multiple decks and patio. A convenient circle drive provides plenty of parking for residents and guests. Ideally located just minutes from the lake, golf, dining, shopping, and recreation, 1545 Highway O offers a rare combination of character, versatility, and a tranquil setting. Whether you're looking for a full-time residence, weekend get-away or investment opportunity, this one-of-a-kind property is ready to make it your own.

1545 Highway O, Gravois Mills

Courtesy of Berkshire Hathaway HomeServices Select Properties (314)835-6000

$199,950

3 Beds ⋅ 2 Baths ⋅ 3589671 MLS

Lake of the Ozarks Fixer-Upper Opportunity! Cove Views & Endless Potential situated on .48 acre overlooking North Buck Creek Cove at the 8MM, this lakeview property is ready for its next chapter. Whether you're envisioning a full-time residence, weekend retreat, or income-producing STR, this renovation-ready property with no HOA restrictions delivers flexibility and value in a prime lakeview location. The main level offers a full bath and 3 bedrooms plus access to the full-length deck - perfect for soaking in the water views. The walkout basement adds a second bathroom, laundry, & the open living/kitchen area that opens to a gently sloping fenced yard ideal for kids & pets. Behind the home, a large multi-function garage/bunkhouse offers parking for 2+ vehicles plus 4 additional rooms suited for guest quarters, a hobby space, or extra living area. A large pole barn with electricity provides more storage & workspace. This home needs renovation but has great bones, solid potential, and an unbeatable setting. Enjoy peaceful cove living with easy access to Lake of the Ozarks boating, fishing, dining, and entertainment. Bring your vision & make this one-of-a-kind lake property your own!

31753 Saddle Road, Gravois Mills

Courtesy of Weichert, Realtors® - Laurie Realty (573) 374-5400

$219,000

4 Beds ⋅ 2 Baths ⋅ 3589632 MLS

GREAT investment opportunity and location. Close to downtown Laurie Mo Morgan County USA. Duplex BOTH SIDES Currently rented. Well maintained condition fresh paint on the exterior and new architectural roof. Poured concrete crawl space foundation and concrete floored carports on each end blacktop to the door.

31389 Cuptree Road, Gravois Mills

Courtesy of RE/MAX at the Lake (573) 374-5206

$219,000

1 Beds ⋅ 1 Baths ⋅ 3589446 MLS

HIGHWAY FRONTAGE COMMERCIAL/RESIDENTIAL OPPORTUNITY – NO RESTRICTIONS with LOTS of parking & no easements! Bring your ideas & make this property your own! This property offers excellent highway frontage, high traffic visibility & plenty of parking, making it a great opportunity for your next business venture, home, or both. With no restrictions, no easements, the possibilities are wide open—continue operating as a restaurant, create a new business concept, or take advantage of the opportunity to live on-site while running your business. Numerous improvements have already been completed including two 200 amp electrical panels & underground service & wire from electrical pole, metal G rib roof & G rib skirting, flooring in dining area, along with rear steps, AC platform, & new rock added for the huge parking lot. A property with this kind of visibility, parking & flexibility is ready for someone to bring their vision to life. This property has 1 non-conforming bedroom & a half bath with room to adjust so again, you can have it all! Live, work & build your business all in one location, if you choose—bring your ideas & make it yours!

25708 Hwy 5, Gravois Mills

Courtesy of RE/MAX Lifestyles 573-569-4388

$175,000

2 Beds ⋅ 1 Baths ⋅ 3589547 MLS

Enjoy lake-area living without the lakefront price tag! This charming 2-bedroom, 1-bath lakeview cabin offers a peaceful setting with Lake of the Ozarks views from both bedrooms and convenient lake access nearby at Station 46. Inside, you'll find granite countertops and a large utility/storage room providing plenty of extra space for lake gear, tools, and everyday storage. Outside, an asphalt driveway and detached garage add even more convenience and storage. Located in a quiet neighborhood, yet just down the road from Big Dick's Halfway Inn for food, drinks, and entertainment. Whether you're looking for a full-time home, weekend lake getaway, or an affordable place to enjoy everything the Lake of the Ozarks has to offer, this cabin packs a lot into a comfortable package.

1602 Cup Tree Road, Gravois Mills

Courtesy of Weichert, Realtors® - Laurie Realty (573) 374-5400

$199,000

3 Beds ⋅ 2 Baths ⋅ 3589035 MLS

Welcome to 29523 Captains Fancy in Gravois Mills! Set on approximately 1.75 peaceful acres and just about a mile from the Lake of the Ozarks and a vary popular lakefront restaurant, this 3-bedroom 2-bath home offers space, privacy, and plenty of potential. The open floor plan provides a comfortable layout for everyday living and entertaining, while the heated and cooled sunroom is a standout feature—perfect for enjoying the private backyard and a charming rock pond w/ fountain. Outside, you'll find exceptional space for vehicles, boats, RVs, tools, and hobbies with a large workshop/garage, 2-car carport, and abundant additional parking on on very flat to gentle land. The property offers a great opportunity to add your own updates and personal touches while creating a full-time home, weekend lake retreat, or investment property. If you're looking for acreage, storage, privacy, and convenient access to boating, fishing, dining, and everything the Lake has to offer, this one deserves a look!

29523 Captains Fancy, Gravois Mills

Courtesy of Weichert, Realtors® - Laurie Realty (573) 374-5400

$250,000

3 Beds ⋅ 2 Baths ⋅ 3588958 MLS

Enjoy beautiful Lake of the Ozarks views and abundant wildlife from this well-maintained 3-bedroom, 2-bath manufactured home on over 3 acres located on the second tier. The home has received numerous updates, including new windows, flooring, decking, kitchen appliances, cabinets, countertops, sink, leaf guard gutters and more. Tucked away in a semi-private setting, this property offers ample wildlife and peaceful surroundings. Watch deer from the dining room or enjoy convenient access to hunting right outside your back door. With scenic lake views, updated living spaces, and plenty of natural beauty, this home is ideal for a full-time residence or relaxing lake getaway. Plenty of room to build a garage Please note: The driveway is steep and may require a four-wheel-drive vehicle during inclement weather.

129 Hidden Pond Cove, Gravois Mills

Courtesy of RE/MAX at the Lake (573) 374-5206

$145,000

1 Beds ⋅ 2 Baths ⋅ 3588691 MLS

Looking for an affordable way to enjoy the Lake, here's your answer! Grounds are maintained by the HOA so very little maintenance for you, a 10x24 slip in a community dock with a lift, a wonderful screened porch on the lakeside with shade to enjoy it with a seasonal view! Open deck on the side and part of the lakeside to sit and relax and make your cares go away! The home has 1 non-conforming bedroom (no closet), 1.5 bathrooms, kitchen with stove & refrigerator. The living area is great for multiple sofa beds to accommodate family and guests! Space is well designed. Owners have a cubbyhole box for each person to put their "stuff" in and not have it cluttering the place! Their is a community area beyond the community dock for a quiet, safe place for kids and adults to swim or float and has a flat platform to relax in the sun. The roadside deck has a picnic table to enjoy meals or just visit. The lot across the road from the house is just vacant land to enjoy the view and quiet. Doesn't get much easier than this! Put this on your list to view at the lake! HOA does not allow any kind of rentals or VRBO.

29130 Sand Cedar Road, Gravois Mills

Courtesy of Platinum Realty of Missouri LLC 888-220-0988

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Listing information is provided courtesy of the Broker Reciprocity/IDX of Bagnell Dam Association of REALTORS® and Lake of the Ozarks Board of REALTORS®, Inc. Multiple Listing Services. Copyright 2026 Multiple Listing Service, Inc. of Bagnell Dam Association of REALTORS® MLS, Inc. and Lake of the Ozarks Board of REALTORS® MLS, Inc. 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. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 2026 Century 21 Community