Rare R3 Zoned Gem on the North Shore – Residential Living + Investment Potential!
Opportunities like this don’t come along often! Situated in the heart of Lake Ozark, this 3 bed, 3 bath, 2,263 SF home offers more than just comfortable living and fine finishes—it presents a rare and valuable investment opportunity. One of the last remaining R3 zoned properties on the coveted North Shore, this property opens the door for multi-family development or short-term rental potential—a rare find in today’s market. Let's not forget the community boat ramp situated right around the corner!
Enjoy peaceful lake views of the 2MM of the Osage Arm right from your doorstep, with room to breathe on this expansive lot. The property features a large 30x40 shop—perfect for a hobbyist, small business, boat storage, or future development utility.
Whether you're looking to live full-time, invest, or develop, this property offers unmatched flexibility and future upside. Don't miss your chance to own a slice of Lake Ozark history with zoning that lets you dream big.
Schedule your private showing while you can!
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Price Unknown
11 Falcon Ln, Lake Ozark, MO 65049
3beds
2,263sqft
Single Family Residence
Built in 2017
34.96 Acres Lot
$1,079,600 Zestimate®
$--/sqft
$2,496 Estimated rent
Home value
$1,079,600
Estimated sales range
Not available
$2,496/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
JASON WHITTLE (573)302-2300,
RE/MAX Lake of the Ozarks,
LEVI AARON SINAK 314-809-0032,
RE/MAX Lake of the Ozarks
Bought with:
THE CONDA DAVIDSON TEAM, 2017006034
EXP Realty, LLC
Source: Bagnell Dam AOR,MLS#: 3578033Originating MLS: Bagnell Dam Association Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Lower
Other
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Storage room
- Level: Lower
Heating
- Electric, Forced Air, Heat Pump, Hot Water
Cooling
- Central Air
Appliances
- Included: Down Draft, Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Softener Owned, Stove, Washer
Features
- Built-in Features, Custom Cabinets, Fireplace, Pantry, Cable TV, Walk-In Closet(s), Walk-In Shower, Window Treatments
- Flooring: Hardwood
- Windows: Window Treatments
- Basement: Partially Finished
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,139
- Total interior livable area: 2,263 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Accessibility
- Accessibility features: Low Threshold Shower
Features
- Levels: One
- Stories: 1
- Exterior features: Gravel Driveway
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 34.96 Acres
- Features: Acreage, Level, Sloped, Views, Wooded
Details
- Additional parcels included: 136013004005001000
- Parcel number: 136013001006001001
- Zoning description: Multi Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Foundation: Basement
Condition
- Year built: 2017
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: Boat Facilities, None
- Security: Security System
- Subdivision: None
HOA
- Services included: None
Location
- Region: Lake Ozark
Financial & listing details
- Tax assessed value: $217,380
- Annual tax amount: $2,448
- Date on market: 4/22/2026
- Cumulative days on market: 5 days
- Inclusions: Some inventory Negotiable
- Exclusions: Personal items, most of the furnishings. Everything in the shop.
- Ownership: Fee Simple,
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2025 | Sold | -- |
Source: Bagnell Dam AOR #3578033 Report a problem | ||
| 6/24/2025 | Pending sale | $1,100,000$486/sqft |
Source:  LOBR #3578033 Report a problem | ||
| 5/28/2025 | Contingent | $1,100,000$486/sqft |
Source: LOBR #3578033 Report a problem | ||
| 5/24/2025 | Listed for sale | $1,100,000$486/sqft |
Source: LOBR #3578033 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,242 +3% | $41,310 |
| 2023 | $2,178 0% | $41,310 |
| 2022 | $2,179 | $41,310 |
| 2021 | -- | $41,310 +7.7% |
| 2020 | -- | $38,350 |
| 2019 | -- | $38,350 +10.8% |
| 2018 | $1,857 +10.6% | $34,610 +0.1% |
| 2017 | $1,680 +931.9% | $34,560 +919.5% |
| 2016 | $163 | $3,390 |
| 2015 | -- | $3,390 +3.7% |
| 2012 | -- | $3,270 |
| 2011 | -- | $3,270 |
Find assessor info on the county website
Neighborhood: 65049
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Nearby schools
GreatSchools rating
- NALeland O. Mills Elementary SchoolGrades: K-2Distance: 2.1 mi
- 9/10Osage Middle SchoolGrades: 6-8Distance: 6.2 mi
- 7/10Osage High SchoolGrades: 9-12Distance: 6.2 mi
Schools provided by the listing agent
- District: School Of The Osage
Source: Bagnell Dam AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,079,600
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+$21,592
With Zillow Showcase(estimated)
$1,101,192
- Missouri
- Miller County
- Lake Ozark
- 65049
- 11 Falcon Ln
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