# 15231 Martingale Road, Gravois Mills, MO 65037

> **TL;DR:** 4bd/3ba single family, $490,000 ($277/sqft), built 1983, 1,766 sqft.
> Waterfront, A/C. Est. $2,621/mo. Listed 162 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $490,000 |
| Price/sqft | $277 |
| Bedrooms | 4 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 1,766 |
| Year Built | 1983 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 162 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,478 |
| Estimated Insurance | $143 |
| **Total** | **$2,621** |

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 1983
- 0.08 acre lot
- 2 stories
- Waterfront

## Description

### Agent Description
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!

## Location

- **Address:** 15231 Martingale Road, Gravois Mills, MO 65037
- **County:** Morgan
- **Neighborhood:** Clearwater
- **Coordinates:** 38.305256, -92.797825
- **Google Maps:** https://www.google.com/maps?q=38.305256,-92.797825

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/loo/3587488

## Listing Agent

- **Name:** AIMEE M THOMASON · **License:** 2024013074
- **Brokerage:** Lakefront Living Realty
- **Broker Phone:** 5736931613
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/15231-Martingale-Rd_Gravois-Mills_MO_65037_M73086-81478?f=listhub&s=BDAORMO&m=3587488&c=propsimple)

## Photos

![15231 Martingale Road - Photo 1](http://lh.rdcpix.com/98a88f9fddb92d3c688d0d3e9888efd5l-f487235239r.jpg)

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---

**MLS#:** 3587488 | **Updated:** 2026-10-28
**Source:** listhub

*Copyright © 2026 Bagnell Dam Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/15231-martingale-road-gravois-mills-mo-65037-a7676b9e620a4be1a1e1ec9a3df882fd)

---

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```