32331 Island View Road Gravois Mills, MO $ 500,000
32331 Island View Road
$ 500,000
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32331 Island View Road

Gravois Mills, MO, 65037
$ 500,000
Bedrooms3 Baths2.0 Sq 2,312

Monthly Estimate*

$ 3,079

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Single Family Home for sale in Gravois Mills, MO

for $500,000 with 3 bedrooms and 2 full baths. This 2,312 square foot home was built in 1983 on a lot size of 0.19.

Lakefront investment opportunity with strong upside potential. This 3-bedroom, 2-bath home with a bonus room is located in a protected inlet at the 7 MM, offering calmer water while staying just seconds from main channel attractions and waterfront dining. The home features vaulted wood ceilings, an open living area, and multiple decks overlooking the water. The lower level includes a second full kitchen, separate living space, and its own fireplace—ideal for creating a multi-unit setup or maximizing rental potential. Outside, the three-well dock with swim platform and wet steps is already in place, adding immediate value for future use or rental appeal. A one-car garage and additional storage below provide extra functionality. The property does require updates with renovation options available. making this home a strong candidate for a flip, or long-term rental investment at the Lake of the Ozarks. Motivated seller!

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Single Family Contingent

Price

$ 500,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,390

Style

Lot Size

0.19

Year Built

1983

Town/City

Gravois Mills

County/Region

Morgan

MLS | Web ID

3586454

Features
General
Sewer Public Sewer
HOA Fee 100
Association Fee Includes Water
Tax Year 2025
Ownership Fee Simple
Community Features None
Assoc Fee Paid Per Annually
County Morgan
Property Type Residential
HOA true
Attached Garage false
Subdivision Name Island View Acres
Possible Use Residential
Garage Y/N true
Status Contingent
Directions Highway 5 to O Road right on Pelican Point straight on Gliding Hawk right on Island View slight left at the Y the house is on the left
City Gravois Mills
Disclosures Owner Is Listing Agent
High School District Versailles
Zoning Description Residential
MLS Area K
Lot Size Units Acres
Property Attached Y/N false
Tax Annual Amount 2390
Lease Considered Y/N false
Virtual Tour https://tour.giraffe360.com/196b7d826d67400a88be2fcc7a7f2879
Standard Status Active Under Contract
Middle/Junior School District Versailles
Elementary School District Versailles
Legal Description PRT LOT 8 ISLAND VIEW ACRES SUBDIVISION 80' X 102.54 X IRR
Heating Electric Forced Air
Cooling Central Air
Possession Closing
Property Subtype Detached
Occupancy Type Owner
Property Sub Type Additional Detached Single Family Residence
Construction Materials Cedar
Waterfront Features Cove Lake Front Seawall
View Channel
Exclusions Personal items washer & dryer and boat lifts
Property Condition Fixer
Year Built 1983
Contingency Inspection
Year Built Details 1983
Appliances Dishwasher Range Refrigerator Water Softener Rented Stove
Patio/Porch Features Covered Deck
Architectural Style Two Story
Stories Count 2
Levels Two
Total Rooms 0
Full Baths 2
Garage Spaces 1
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Interior
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Interior Amenities Ceiling Fan(s) Fireplace Pantry Unfurnished Vaulted Ceiling(s)
Basement Walk-Out Access Full
Fireplace Features Two
Half Baths 0
Total Bedrooms 3
Total Baths 2
Total Fireplaces 2
Flooring Hardwood
Furnished Y/N Unfurnished
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Exterior
Parking Features Detached Electricity Garage Garage Door Opener
Lot Features Acreage Lake Front Open Lot Sloped Views
Water Source Shared Well
Lot Size Area 0.19
Lot Dimensions 80x103
Lot Size Acres 0.19
Road Surface Type Asphalt Paved
Waterfront Y/N true
Building Area Total 2312
Exterior Amenities Concrete Driveway Deck
Inclusions Stove refrigerator and dishwasher
Foundation Details Basement
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* Excluded Features
List By
Hunter Deters

Listing Agent

Laurie-Weichert Realtors-Laurie Realty

Broker

573-789-9878

Contact

Affordability Calculator

$3,278
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$199
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3125886 Elementary School
3125885 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2026$500,000 Listed Price

Map


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32331 Island View Road, Gravois Mills, MO, 65037 is a Single Family Home for sale at $500,000 with 2,312 sqft and a lot size of 0.19. 32331 Island View Road has 3 bedrooms, 2.0 baths, and was built in 1983. The property's zip code is 65037 which is in Gravois Mills, MO