Lake Ozark Homes under $500,000

Welcome to Lake Ozark, Missouri – a hidden gem nestled in the heart of the Ozarks, where stunning natural beauty meets a vibrant community spirit. Known for its picturesque landscapes, Lake Ozark is a haven for outdoor enthusiasts and those seeking a serene lifestyle. With over 54,000 acres of sparkling water and 1,150 miles of shoreline, this area offers endless opportunities for boating, fishing, and swimming, making it a perfect retreat for families and individuals alike.

What sets Lake Ozark apart is not just its breathtaking scenery but also its welcoming community and rich cultural offerings. Enjoy a day at one of the many local parks, explore the charming shops and restaurants, or indulge in the exciting nightlife. The area is also home to various annual events and festivals that celebrate the unique culture of the Ozarks, ensuring there's always something fun to do.

For those looking to call Lake Ozark home, you'll be delighted to discover a variety of beautiful homes available for under $500,000. Whether you're searching for a cozy lakeside cottage, a modern family home, or a charming retreat, the real estate options here cater to diverse tastes and budgets. With a strong sense of community and a wealth of recreational activities, Lake Ozark is not just a place to live; it’s a lifestyle.

Explore the possibilities of lakeside living and discover why Lake Ozark is the perfect place to make your home. Your dream home awaits in this enchanting corner of Missouri!

Newest Lake Ozark Homes under $500,000

$415,000

3 Beds ⋅ 3 Baths ⋅ 3590603 MLS

Some lake views simply stand apart—and this is one of them! Perfectly positioned on the point at Regatta Bay, this beautifully updated 3-bedroom, 3-bath lakefront condo showcases sweeping, unobstructed Main Channel views with no docks blocking the incredible scenery. The spacious screened deck becomes an extension of the living and entertaining space, with room for dining, a comfortable sitting area and TV—all overlooking miles of sparkling water and spectacular sunsets at the 12 MM. Located in one of Regatta Bay’s newest buildings, this desirable unit offers convenient walk-in level access from parking and is sold turnkey—just arrive and start enjoying the lake! Inside, you’ll find granite countertops, newer stainless steel appliances, newer HVAC and water heater, plus a smart thermostat and WiFi lock. A dock slip with nearby fish-cleaning station completes the package. Enjoy multiple pools, clubhouse, pavilions, playground, tennis and pickleball courts, and beautiful park-like grounds. Lake living doesn’t get much easier—or more inviting!

492 Regatta Bay Unit 2C, Lake Ozark

Courtesy of RE/MAX Lake of the Ozarks (573) 302-2300

110 Falls Point Drive Unit 2B, Lake Ozark

$289,000

3 Beds ⋅ 3 Baths ⋅ 3590434 MLS

Welcome to easy lake living at The Falls! This is one of the best buys for a 3 bedroom, 3 FULL Bath condo on Horseshoe Bend! Spectacular panoramic views of both the cove and main channel from an oversized covered deck made for entertaining, relaxing and soaking up the Lake life. The open floor plan features two lakeside suites, luxury vinyl plank flooring, and a kitchen with large breakfast bar and coffee station. Enjoy convenient walk-in access from gravel parking area right outside your door plus an assigned covered garage space. A 10x28 boat slip is included, with an additional 10x28 slip available! Also available or a boat hoist and two PWC drive-on lifts. The Falls offers a resort style feel with two pools, tennis courts, a playground, elevators, a lakeside boardwalk and beautifully maintained grounds. You can literally get to the pool and dock with almost zero steps! Just minutes from shopping, dining and medical facilities by land and close to Bagnell Dam strip and tons of lakefront destinations by water. Make this your personal lake retreat or an income producing Vacation Rental. Either way, this one is selling TURNKEY and ready to roll. Check it out TODAY!

110 Falls Point Drive Unit 2B, Lake Ozark

Courtesy of EXP Realty, LLC (866) 224-1761

71 Southwood Shores Place Unit 2C, Lake Ozark

$215,000

2 Beds ⋅ 2 Baths ⋅ 3590254 MLS

Enjoy lakefront living at Southwood Shores in this 2 bed, 2 bath condo offering 840 square feet of comfortable one level living. The covered deck provides a relaxing channel view, while the interior features luxury vinyl plank flooring, stacked washer and dryer, window treatments and a fully furnished turnkey setup. Community amenities include indoor and outdoor pools, hot tub, clubhouse, beach, playground, tennis and pickleball courts, boat ramp, swim and fishing dock, trailer parking and gated entry. Conveniently located off Horseshoe Bend Parkway near shopping, dining and entertainment around the lake. An excellent option for a personal lake retreat or investment property. The seller currently rents a 12 x 32 boat slip, and the existing rental agreement is assumable by the buyer.

71 Southwood Shores Place Unit 2C, Lake Ozark

Courtesy of Nettwork Global, LLC (636) 614-5132

315 Highland Shores Drive Unit 4F, Lake Ozark

$295,000

3 Beds ⋅ 3 Baths ⋅ 3590528 MLS

Retreat to 315 Highland Shores 4F, an updated 3-bedroom, 3-bath end-unit with TRUE WALK-IN ACCESS, NO STEPS, and spectacular panoramic Main Channel views! The open-concept layout and incredible lake backdrop set the tone for easy, effortless living at the Lake. TWO LAKEFRONT KING SUITES—offer amazing views and privacy. The Living Room flows directly onto an oversized screened-in deck where the Main Channel takes center stage. Sip your morning coffee, gather with friends, watch the boats pass by, or unwind at sunset. The Kitchen features a breakfast bar with additional seating and opens to the main living area. Highland Shores offers 2 lakeside pools and dog stations. Located just off Horseshoe Bend and at the 14 mile marker, the unit is minutes from dining, shopping, golf, entertainment and recreation. Whether you’re searching for a full-time lakefront home, weekend escape, or an investment opportunity, 315 Highland Shores 4F has so much to offer—NO STEPS, TWO lakefront King Suites, incredible Main Channel views, desirable amenities, and LOW HOA DUES.

315 Highland Shores Drive Unit 4F, Lake Ozark

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

179 Vintage Circle Unit 3A-B, Lake Ozark

$199,900

2 Beds ⋅ 2 Baths ⋅ 3590544 MLS

Located on the top floor at Vintage Landing, this spacious 2-bedroom, 2-bath condo offers stunning main-channel views of Lake of the Ozarks from the screened-in porch and an unbeatable central location. The flexible lockout floor plan includes a private bedroom, full bath, and kitchenette—a proven, turn-key Airbnb where current owners enjoy strong rental success. Sold fully furnished, the condo features a newer HVAC system, a full kitchen plus kitchenette, and a full-size washer and dryer, making it ideal for full-time living, a weekend retreat, or an investment. Assessments include electric for the condo as well as access to the exceptional Four Seasons amenities, such as the new indoor pool, fitness center, multiple pools, fishing lakes, activity center, boat launches, campground, RV park, Bark Park, hiking and biking trails, parks, sports courts, swim club, tennis club, and more. Conveniently located near popular restaurants and entertainment by land or water, this property delivers a premier host opportunity and a front-row seat to holiday fireworks, blending lake lifestyle with proven income potential.

179 Vintage Circle Unit 3A-B, Lake Ozark

Courtesy of Albers Real Estate Advisors (573) 693-7000

$349,000

4 Beds ⋅ 3 Baths ⋅ 3590506 MLS

Lake days are easy from this turnkey 4-bedroom, 3 full bathroom condo at Lighthouse Landing! Offering approximately 1,700 sq ft and 2 primary suites, this spacious unit gives family and guests room to spread out. Step outside and you have a screened in porch off the living room on the main level and on the lower level another covered patio and just a few steps to the dock with a 12x32 boat slip and waverunner slip included. But location might be one of its biggest perks! Lighthouse sits inside a protected cove, where owners and guests can enjoy relaxing Lake days handing out in the water. When you are ready to get off the water, you're just minutes from Bagnell Dam Strip, great restaurants, shopping and year round entertainment. This complex also allows nightly rentals when your away. Whether you're gathering for a weekend or settling in for a longer stay, this condo puts the water close and keeps the work to a minimum.

40 Lighthouse Road Unit 101, Lake Ozark

Courtesy of Johanning Real Estate, LLC 314-608-8419

150 Southwood Shores Drive Unit 304-4D, Lake Ozark

$229,900

2 Beds ⋅ 2 Baths ⋅ 3590519 MLS

Rare opportunity to own a fully updated, turnkey lakefront condo at Southwood Shores! This 2-bedroom, 2-bath top-floor unit sits at the 12 Mile Marker in Lake Ozark and combines an incredible location, beautiful views, amenities, and proven rental potential. Step inside to a bright, stylish interior featuring vaulted ceilings, beautiful flooring, and a fully updated kitchen with white cabinetry, stainless appliances, and plenty of countertop seating. The thoughtful interior design gives the entire condo a clean, modern lake feel and it comes fully furnished and ready to enjoy. Step outside onto the huge deck for incredible lake views and plenty of room to relax or entertain. You're just steps from the pool, while Southwood Shores offers indoor and outdoor pools, a hot tub, clubhouse, playground, boat ramp, and gated entry. The indoor pool adds to the year-round rental appeal, and this unit already has a great rental history with nightly rentals allowed. A 10x24 boat slip with lift is included, making this the complete Lake of the Ozarks package!

150 Southwood Shores Drive Unit 304-4D, Lake Ozark

Courtesy of RE/MAX Lake of the Ozarks (573) 302-2300

365 Waters Edge Drive Unit 1B, Lake Ozark

$499,900

2 Beds ⋅ 2 Baths ⋅ 3590525 MLS

A BRAND NEW REMODEL YOU HAVE TO SEE TO BELIEVE! High-end design meets incredible main-channel views at this completely remodeled 2-bedroom, 2-bath condo at Waters Edge. Custom finishes, thoughtfully selected furnishings, and sophisticated details give the interior a polished yet comfortable feel, while the open-concept layout creates an inviting space for relaxing and entertaining. Unobstructed water views steal the show, with a covered back deck offering the perfect place to enjoy morning coffee, evening cocktails, and endless days overlooking the Lake. A community dock and available boat slips make getting on the water simple, while an impressive lineup of amenities puts everything you need for an easygoing getaway right at your fingertips. Located off Horseshoe Bend in the heart of Lake Ozark, you're just minutes from popular dining, entertainment, and area attractions. Offered fully furnished, this move-in-ready retreat is equally suited for personal enjoyment or investment. This property offers a luxury lakefront experience without the hassle, maintenance free lake living at it's best! You have to see this one for yourself!

365 Waters Edge Drive Unit 1B, Lake Ozark

Courtesy of EXP Realty, LLC (866) 224-1761

114 Falls Point Drive Unit 5A, Lake Ozark

$459,000

3 Beds ⋅ 3 Baths ⋅ 3590473 MLS

WOW - WHAT A VIEW! AND A 16X48 SLIP! Enjoy breathtaking, unobstructed north-facing main channel views from this beautiful 3 bedroom, 3 bath condo at The Falls, complete with a RARE 16x48 covered cruiser slip! Located at the 2 MM, this top-floor unit offers 1,640 sq. ft., two en-suite bedrooms with walk-in showers (one also has a jetted tub), floor-to-ceiling lakeside glass and an incredible 10x45 screened deck - the perfect place to take in spectacular lake views from morning to night and watch the Offshore Boat Races. The impressive lake package includes BOTH a 16x48 covered boat slip and a 10x28 covered boat slip, plus a PWC slip (all with cove protection) and covered parking garage space. Furnished and ready to enjoy, with elevator access providing easy, step-free access from the unit to the docks and lakefront pool. The Falls offers two outdoor pools, tennis courts, playground and a convenient Horseshoe Bend location near golf, dining, shopping and entertainment. Nightly rentals allowed. Big View, Big Slip, and Turnkey!

114 Falls Point Drive Unit 5A, Lake Ozark

Courtesy of Keller Williams L.O. Realty (573) 348-9898

142 Palisades Condo Drive E Unit 2A, Lake Ozark

$450,000

3 Beds ⋅ 3 Baths ⋅ 3590486 MLS

Sunset views, spacious living, and the complete lake package! This beautifully remodeled 3-bedroom, 3-bath waterfront condo offers fantastic lake views and a full bath for each bedroom, providing plenty of privacy for family and guests. Three large lakefront sliders fill the open living area with natural light and showcase the view. The updated kitchen features custom cabinetry, granite countertops, stainless appliances, and an oversized island perfect for entertaining. The lakefront primary suite includes a remodeled bath and private access to the oversized screened deck and beautiful sunset views. Only a few steps to the unit! Includes a 12x32 boat slip, with a garage available for an additional cost. The gated complex includes multiple pools and a clubhouse. Book a showing today before this one slips away!

142 Palisades Condo Drive E Unit 2A, Lake Ozark

Courtesy of Albers Real Estate Advisors (573) 693-7000

$335,000

3 Beds ⋅ 2 Baths ⋅ 10074250 MLS

More than a beautiful home, 615 Cherokee Road is your invitation to enjoy the Four Seasons lifestyle. Step inside to a bright, welcoming space where large picture windows frame the wooded setting and a cozy fireplace invites you to settle in. The open floor plan makes it easy to gather with friends or enjoy a quiet evening at home, with everything you need on one level. The beautifully updated kitchen shines with granite countertops, chic lighting and fixtures, and new appliances. Luxury vinyl flooring flows throughout the home, while a new HVAC system adds comfort. Outside, the covered deck is a peaceful place to enjoy the private, wooded yard. Two lots are included, giving you extra space and separation from neighbors. Beyond the property, Four Seasons offers amenities for every season: indoor and outdoor pools, a splash pad, tennis and pickleball courts, a fitness center, community center, playgrounds, interior lakes, a campground and boat ramps. Whether your perfect day is spent on the water, by the pool or relaxing at home, this is a place to enjoy the Lake of the Ozarks lifestyle year round.

615 Cherokee Road, Lake Ozark

Courtesy of Keller Williams Realty

$200,000

2 Beds ⋅ 2 Baths ⋅ 3590348 MLS

Welcome to your Lake of the Ozarks getaway! This beautifully furnished, turn-key 2-bedroom, 2-bath top-floor condo offers stunning lake views and the perfect blend of comfort, convenience, and waterfront living. Large windows fill the open living space with natural light, while the vaulted ceilings and newer windows create an open, airy feel throughout. Enjoy relaxing on your private deck while taking in the beautiful lake views. The condo features newer appliances and comes fully furnished, making it easy to move in, enjoy as a vacation home, or use as an investment property. For the lake enthusiast, a 10x20 covered boat slip with lift and a PWC slip with lift are included. Community amenities include a pool, clubhouse, tennis courts, playground, and beautifully maintained grounds. Located in the heart of the Lake of the Ozarks area, this property puts boating, fishing, dining, and entertainment within easy reach. Come experience lake living at its best!

70 Robinwood Drive Unit 3E, Lake Ozark

Courtesy of RE/MAX Lake of the Ozarks (573) 302-2300

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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