SORRY, THIS PROPERTY HAS BEEN SOLD.
This 5.5 acre tract has great road access with SWEEPING lake views and building sites. VERY NICE!
This is just one of the many views from the property. Clearing only a few trees would open it up even more and make for a truly envious lake view!
The full sales price for the entire 5.5 acre tract is $26,500. With $500.00 down the monthly payment will be $275.00 with an annual interest rate of 9 3/4%. Taxes are only about $185 a year and are already taken care of for 2017. There are no prepayment penalties, no hidden fees and no balloon payments.
Please note that a larger down payment will substantially reduce your interest rate and monthly payment amount. With $1,500 down your rate drops to 7 3/4% and your monthly payment drops to $235.00. With $2,500 down your rate drops to 6 3/4% and your payment drops to $215.00. With $5,000 down your rate drops to 5 3/4% and your payment drops to $180.00.
Also please note that you have a FULL YEAR to add to your down payment in order to reduce your interest rate and payment amount!
This property is located in Camden County, Missouri and is about 30 miles northwest of Camdenton which is the county seat. Lake Of The Ozarks offers fantastic fishing, boating and recreational opportunities.
This 5+ acres has several hundred feet of direct road frontage on Lookout Drive. Combine that with several excellent sites and this property has excellent potential.
The tract is perfect for building a home or cabin. Normally the properties we sell are subject to our 6 basic deed assurances BUT since this area of Camden County does have zoning (because it is so close to the lake) we have not placed any of our restrictions on this property.
On the property you can have a site built home or cabin, a modular home or cabin or a mobile home. The property is zoned “R-1” (residential) so please feel free to contact the Camden County Zoning Department with any specific questions about what you can do. We will certainly try to help answer any questions but generally the best information will come right from the county. They also have a good website which can be useful.
The photo above shows some trees and a trail on the property.
The property is in an excellent location. About a mile to the north you will find the Brown Bend Public Boat Launch which is a very nice boat launch and fishing pier that is open to the public. Also, you will find multiple marinas and resaurants are within a short drive of the property.
The Property was recently logged (within the last two years) of the larger commercial oak trees. Parts of the property appear to have been logged heavily and parts of the property were not touched at all. It was not clear cut. Sometimes we spend a few weeks and clean up a property that has been logged but since we have quite a few projects right now we have decided so leave this property as it is and sell it at a reduced price. You could certainly clean up the property by yourself but years of experience has shown us that after just a few years the tree limbs left from the loggers will rot away, the remaining trees will grow quickly and the property will look excellent.
The property is centrally located and is within driving distance of multiple cities and towns. The closest small town is probably Climax Springs which is about 10 miles to the south of the property. The larger city of Camdenton is about 30 miles east of the property. St. Louis, Kansas City and Springfield, Missouri are all within about 2-3 hours of the property.
To get to the property from Camdenton take Highway 5 north for about 8 miles then go west onto Highway 7. Stay on Highway 7 for about 15 miles and pass through the town of Climax Springs. Go about 2-3 miles PAST Climax Springs then go north onto Highway DD. Stay on Highway DD for about 2-3 miles then go east onto Highway FF. Go 1-2 miles then go east onto Pine Cove Road. Continue on Pine Cove Road for a few miles until you turn left at the fire station onto Stoddard Lane. Go down Stoddard until you take a right on Lookout Drive. The property will be on the left.
Please click on the video below to take a look at the property.
The full sales price for the entire 5.5 acre tract is $26,500. With $500.00 down the monthly payment will be $275.00 with an annual interest rate of 9 3/4%. Taxes are only about $185 a year and are already taken care of for 2017. There are no prepayment penalties, no hidden fees and no balloon payments.
Please note that a larger down payment will substantially reduce your interest rate and monthly payment amount. With $1,500 down your rate drops to 7 3/4% and your monthly payment drops to $235.00. With $2,500 down your rate drops to 6 3/4% and your payment drops to $215.00. With $5,000 down your rate drops to 5 3/4% and your payment drops to $180.00.
Also please note that you have a FULL YEAR to add to your down payment in order to reduce your interest rate and payment amount!
If this is the property for you then please choose your initial down payment amount in the box below. Also please feel free to give us a call and we can answer any questions or complete the transaction over the phone.