Gravois Mills Homes under $400,000

Welcome to Gravois Mills, Missouri—a hidden gem nestled in the heart of the Lake of the Ozarks region. This charming town offers a unique blend of scenic beauty, vibrant community life, and endless recreational opportunities. With its picturesque landscapes and tranquil waters, Gravois Mills is the perfect destination for those seeking a peaceful retreat or an active lifestyle.

The town boasts a welcoming atmosphere, where neighbors become friends and community events bring everyone together. Whether you’re exploring the local parks, enjoying a day on the lake, or attending one of the many seasonal festivals, you’ll quickly discover the warmth and charm that Gravois Mills has to offer.

For homebuyers seeking a slice of this idyllic lifestyle, Gravois Mills presents an array of attractive properties priced under $400,000. From cozy single-family homes to charming cottages with stunning lake views, there’s something for everyone in this vibrant market. These affordable options make it easier than ever to invest in your dream home without breaking the bank.

Imagine sipping your morning coffee on a sun-drenched deck, surrounded by nature’s beauty, or taking a leisurely stroll to the nearby marina for an afternoon of boating and fishing. With a range of amenities, including shops, restaurants, and recreational facilities, Gravois Mills is not just a place to live; it’s a place to thrive.

If you’re ready to embrace a lifestyle filled with adventure, community, and affordability, Gravois Mills awaits you. Discover your perfect home in this enchanting town today!

Newest Gravois Mills Homes under $400,000

$225,000

1 Beds ⋅ 1 Baths ⋅ 3590537 MLS

Wake up to a wonderful view of the lake from this charming single-family home at the five-mile marker of the Gravois Arm. At 724 square feet, it offers one bedroom and one bath, plus a built-in Murphy bed that lets the living space do double duty for guests. A carport with parking for four makes hosting easy, and the location is the real headline — you're steps from Lake Burger and Flip Flops, two of the area's favorite stops, and less than five minutes from Mermaid Cove, where the opportunity to lease or rent a boat slip is always within reach. Best of all, the home is being sold mostly furnished, so it's truly turnkey. Zoned and ready for nightly rentals, it's a natural fit for VRBO or Airbnb. Whether you're looking for your own lake getaway or a property with real income potential, opportunities like this don't sit long on the Gravois Arm. Call today to schedule your private showing.

29556 Hunter Road, Gravois Mills

18031 Blue Anchor Drive Unit 332, Gravois Mills

$395,000

3 Beds ⋅ 2 Baths ⋅ 3590178 MLS

INCREDIBLE! One word describes this TRULY AWESOME unit's VIEW and Complex Amenities! This Unit has Beautiful Cabinetry, Newer LVP & Carpet with Plenty of Storage! A Large Screened Deck is yours to enjoy the Amazing View! Located at the beginning of the Gravois Arm at Lake of the Ozarks, nestled in a quiet, deeper cove area that has easy access to restaurants, gas docks and the main channel. 2 swimming pools (1 chlorine, 1 saltwater) 2 dedicated swim platforms (1 with kayak launch), an exercise facility, fenced playground (with basketball & pickleball courts), and some of the best fishing at the lake will surely keep your family and guests entertained! Unit includes a 12 x 32 slip (w/dock locker) in a well lit and maintained dock equipped with features incl. water, electric, security cameras and fish cleaning stations. This complex is meticulously manicured and pet friendly! The boardwalk is great for evening strolls & enjoying the lake views! Friendly neighbors and events are just some of the reasons that make Blue Anchor Bay one of the most sought after condominium destinations at Wonderful Lake of the Ozarks! Located within Minutes of Fabulous Restaurants & Entertainment by Boat!

18031 Blue Anchor Drive Unit 332, Gravois Mills

$89,500

3590463 MLS

outstanding O road location with good highway frontage and Big 60x30 foundation and concrete floor on site with brand new roof put on. Would make excellent storage building or could finish out to make a home

16604 Hwy O, Gravois Mills

$389,000

2 Beds ⋅ 1 Baths ⋅ 3590330 MLS

Privacy, gentle lakefront living, and room to enjoy everything the Lake of the Ozarks has to offer—this charming 2-bedroom, 1-bath retreat checks all the boxes. Nestled on nearly an acre with over 125 feet of lake frontage, this property offers a rare combination of space, seclusion, and convenience just minutes from Laurie, restaurants, shopping, and local attractions. Inside, you'll find an updated home featuring beautiful hardwood floors, a warm interior, and a rustic covered lakeside patio that's perfect for grilling, entertaining, or relaxing with lake views. The new roof and updated septic system provide added peace of mind. The outdoor setting is what truly sets this property apart. The nearly flat lot offers an easy walk with hardly any steps to the one-well dock with hoist. A boat ramp shared by only five homes adds even more convenience. Two detached garages/shops provide plenty of space for vehicles, boats, lake toys, a workshop, or extra storage. Whether you're searching for a weekend escape, full-time residence, or the perfect Lake of the Ozarks retreat, opportunities like this are becoming increasingly difficult to find.

313 Sacred Cove Road, Gravois Mills

$364,900

3 Beds ⋅ 2 Baths ⋅ 3590183 MLS

Enjoy the golf community lifestyle without the HOA fees or restrictions! Built in 2019 and tucked away on a quiet cul-de-sac next to Hole 13 at Indian Rock Golf Course, this beautifully maintained home offers one-level living with a peaceful, private setting. The open floor plan features granite countertops, soft-close cabinetry, automatic closet lighting and a spacious primary suite with a coffered ceiling, walk-in closet, dual vanity and walk-in shower. Relax on the screened-in back patio overlooking the expansive wooded area beyond the fenced backyard—perfect for enjoying wildlife and quiet evenings. Additional features include an irrigated yard, attached 2-car garage and small backyard chicken coop. Golf-cart to Indian Rock for a round of golf, lunch or dinner at the clubhouse! Located in a beautiful, walkable and exceptionally well-kept neighborhood, this home combines convenience, privacy and golf-course living! Optional golf memberships are available. Individual w/ cart = $2,000 w/ 6 guest passes. Family w/ cart = $3,000 w/ 9 passes. PLUS 15% off food & ProShop.

110 Watson Circle, Gravois Mills

$399,500

3 Beds ⋅ 2 Baths ⋅ 3589750 MLS

Coveted Cartwright Cove location and vacation rentals allowed. This is the perfect starter lake house. Current owners have updated the kitchen and bathrooms, added a 3 seasons room added a deck, replaced the roof and vinyl siding and upgraded the dock. All you need to do is start enjoying lake living, Deep water, huge cove with big view - you're going to love having your morning coffee in the 3 seasons room!

712 Redbud Lane, Gravois Mills

33325 Bass Point Road Unit 18, Gravois Mills

$185,000

2 Beds ⋅ 1 Baths ⋅ 3589794 MLS

Adorable Vintage Cabin! Located in a beautifully restored resort community, the property features vaulted ceilings, tile flooring, covered and open patios, a level walkout to the water, and an available 12x32 boat slip in a protected cove off the Osage Arm. Guests love the vintage resort-style amenities including two outdoor pools, indoor pool, kiddie pool, boat ramp, trailer storage, clubhouse, game room, laundry facilities, covered fishing dock, playgrounds, tennis courts, and basketball courts. Optional on-site management makes this a turnkey investment just minutes from popular lake attractions, dining, and entertainment. A rare chance to own waterfront property with strong rental appeal and exceptional amenities! Unit 17 is also available. Boat slip is $25,000 additional. Check out: https://www.basspoint.com/Accommodations/

33325 Bass Point Road Unit 18, Gravois Mills

33325 Bass Point Road Unit 17, Gravois Mills

$185,000

2 Beds ⋅ 1 Baths ⋅ 3589795 MLS

Adorable Vintage Cabin! Located in a beautifully restored resort community, the property features vaulted ceilings, tile flooring, covered and open patios, a level walkout to the water, and an available 12x32 boat slip in a protected cove off the Osage Arm. Guests love the vintage resort-style amenities including two outdoor pools, indoor pool, kiddie pool, boat ramp, trailer storage, clubhouse, game room, laundry facilities, covered fishing dock, playgrounds, tennis courts, and basketball courts. Optional on-site management makes this a turnkey investment just minutes from popular lake attractions, dining, and entertainment. A rare chance to own waterfront property with strong rental appeal and exceptional amenities! Unit 18 is also available. Boat slip is $25,000 additional. Check out: https://www.basspoint.com/Accommodations/

33325 Bass Point Road Unit 17, Gravois Mills

$349,900

2 Beds ⋅ 2 Baths ⋅ 3589755 MLS

The owners have already moved and found their next home. The sellers are motivated, and they are ready to get this home SOLD! Bring an offer and make this your new home! Don't wait—schedule your private showing today! This is your opportunity to enjoy easy, one-level living in this beautifully maintained golf course home in Indian Rock Estates. With nearly 2,000 square feet of living space, the home offers an open floor plan, abundant natural light, a cozy fireplace, spacious kitchen, and comfortable living areas designed for both everyday living and entertaining. The private primary suite provides a relaxing retreat, while the additional bedroom and full bath offer flexibility for guests, a home office, or hobbies. Step outside to the patio and enjoy peaceful views overlooking the golf course. The attached garage, level lot, and low-maintenance layout make this an excellent choice for full-time living, retirement, or a weekend getaway. Conveniently located just minutes from Lake of the Ozarks, marinas, shopping, dining, and entertainment, you'll have easy access to everything the area has to offer while enjoying the peaceful setting of an established golf course community.

100 Eagle Avenue, Gravois Mills

$215,000

3 Beds ⋅ 2 Baths ⋅ 3589649 MLS

It's BIKE WEEK- take a ride to 1545 Highway O in Gravois Mills—where flexibility, privacy, and convenience come together on a beautiful half-acre wooded lot across from Indian Rock Golf Club. This distinctive ranch offers 3 bedrooms, 2 bathrooms, and a completely separate living area. The main home features an inviting Great Room with a decorative inverted vaulted ceiling and fireplace. Updated Kitchen. Two main-level bedrooms (no closets) offer direct deck access. The guest suite is complete with its own living area, bedroom, bathroom, AC unit, and private entrance. Perfect for family, a home office, or potential rental income, this versatile space adds tremendous value and opportunity. Retreat to the peaceful and private wooded setting from the property's multiple decks and patio. A convenient circle drive provides plenty of parking for residents and guests. Ideally located just minutes from the lake, golf, dining, shopping, and recreation, 1545 Highway O offers a rare combination of character, versatility, and a tranquil setting. Whether you're looking for a full-time residence, weekend get-away or investment opportunity, this one-of-a-kind property is ready to make it your own.

1545 Highway O, Gravois Mills

$219,000

4 Beds ⋅ 2 Baths ⋅ 3589632 MLS

GREAT investment opportunity and location. Close to downtown Laurie Mo Morgan County USA. Duplex BOTH SIDES Currently rented. Well maintained condition fresh paint on the exterior and new architectural roof. Poured concrete crawl space foundation and concrete floored carports on each end blacktop to the door.

31389 Cuptree Road, Gravois Mills

$219,000

1 Beds ⋅ 1 Baths ⋅ 3589446 MLS

HIGHWAY FRONTAGE COMMERCIAL/RESIDENTIAL OPPORTUNITY – NO RESTRICTIONS with LOTS of parking & no easements! Bring your ideas & make this property your own! This property offers excellent highway frontage, high traffic visibility & plenty of parking, making it a great opportunity for your next business venture, home, or both. With no restrictions, no easements, the possibilities are wide open—continue operating as a restaurant, create a new business concept, or take advantage of the opportunity to live on-site while running your business. Numerous improvements have already been completed including two 200 amp electrical panels & underground service & wire from electrical pole, metal G rib roof & G rib skirting, flooring in dining area, along with rear steps, AC platform, & new rock added for the huge parking lot. A property with this kind of visibility, parking & flexibility is ready for someone to bring their vision to life. This property has 1 non-conforming bedroom & a half bath with room to adjust so again, you can have it all! Live, work & build your business all in one location, if you choose—bring your ideas & make it yours!

25708 Hwy 5, Gravois Mills

Start Your Search

Listing information is provided courtesy of the Broker Reciprocity/IDX of Bagnell Dam Association of REALTORS® and Lake of the Ozarks Board of REALTORS®, Inc. Multiple Listing Services. Copyright 2026 Multiple Listing Service, Inc. of Bagnell Dam Association of REALTORS® MLS, Inc. and Lake of the Ozarks Board of REALTORS® MLS, Inc. Information is being provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 2026 RE/MAX Lake of the Ozarks