Escape to the Ozarks with this charming 3-bed, 2-bath vacation home, set on approximately 2 acres just minutes from Bull Shoals Lake in Theodosia. Known as the ''Record Bass Capital of Missouri,'' the area is perfect for boating, fishing, and soaking in the scenic beauty of the Ozarks. With easy lake access and a peaceful, private setting, this property makes an ideal lake getaway, weekend retreat, or income-producing vacation rental.The home offers a spacious open floor plan, featuring a large living room and an open-concept kitchen perfect for gatherings or unwinding after a long day on the lake. The split-bedroom layout ensures privacy, with the primary suite offering a full private bath, while two additional bedrooms share a second full bath on the opposite side of the home. All appliances are included, and White River Electric fiber-optic internet is available. Outside, the level 2-acre lot is dotted with mature shade trees and provides plenty of space for outdoor recreation, gardening, boat and RV parking, and potential for future additions such as a shop or guest cabin. Property includes a small greenhouse and two storage sheds. Recent updates include a new roof and siding, completed about three years ago.Enjoy lake living with convenience, privacy, and income potential, all just minutes from Bull Shoals Lake.
Active
$179,900
468 Martingale Drive, Theodosia, MO 65761
3beds
1,638sqft
Single Family Residence
Built in 1960
2 Acres Lot
$-- Zestimate®
$110/sqft
$-- HOA
What's special
Small greenhousePeaceful private settingSpacious open floor planSplit-bedroom layoutTwo storage shedsOpen-concept kitchenEasy lake access
- 154 days |
- 386 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Gavin Reed 417-250-1103,
Action Realty
Source: SOMOMLS as distributed by MLS GRID,MLS#: 60318098
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Central, Heat Pump, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Built-In Electric Oven, Dryer, Washer, Microwave, Refrigerator, Electric Water Heater
- Laundry: Main Level, W/D Hookup
Features
- High Speed Internet, Walk-In Closet(s), Walk-in Shower
- Flooring: Carpet, Tile, Laminate
- Windows: Single Pane, Drapes
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,638
- Total interior livable area: 1,638 sqft
- Finished area above ground: 1,638
- Finished area below ground: 0
Property
Parking
- Parking features: Circular Driveway, Private
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Awning(s)
- Exterior features: Garden
- Pool features: Above Ground
- Fencing: Partial
- Has view: Yes
- View description: Panoramic, Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 2 Acres
- Features: Acreage, Secluded, Wooded/Cleared Combo, Mature Trees, Cleared
Details
- Additional structures: Shed(s), Greenhouse
- Additional parcels included: 18-0.6-13-003-000-019.004 & 18-0.6-13-003-000-017.000
- Parcel number: 180.6130030000027.000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Other
Community & HOA
Community
- Subdivision: N/A
Location
- Region: Theodosia
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $80,900
- Annual tax amount: $679
- Date on market: 3/15/2026
- Listing terms: Cash,VA Loan,FHA,Conventional
- Road surface type: Asphalt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,269/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $179,900$110/sqft |
Source:  SOMOMLS as distributed by MLS GRID #60318098 Report a problem | ||
| 7/2/2026 | Pending sale | $179,900$110/sqft |
Source: SOMOMLS as distributed by MLS GRID #60318098 Report a problem | ||
| 3/15/2026 | Listed for sale | $179,900$110/sqft |
Source: SOMOMLS as distributed by MLS GRID #60318098 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $679 +9.3% | $15,370 +13.6% |
| 2024 | $621 +0.5% | $13,530 |
| 2023 | $618 +11.7% | $13,530 +12.1% |
| 2022 | $553 +4.2% | $12,070 +3% |
| 2021 | $531 | $11,720 |
| 2020 | -- | $11,720 |
| 2019 | $529 | $11,720 |
| 2018 | -- | $11,720 |
| 2017 | -- | $11,720 |
| 2016 | -- | $11,720 |
| 2015 | -- | $11,720 +63.2% |
| 2013 | -- | $7,180 |
| 2011 | -- | $7,180 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 65761
Nearby schools
GreatSchools rating
- 10/10Lutie Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 4/10Lutie High SchoolGrades: 7-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Lutie
- Middle: Lutie
- High: Lutie
Source: SOMOMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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