Splurge vs. Steal: Lake of the Ozarks Homes Under $1 Million

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Missouri’s claim to fame is Lake of the Ozarks and we are seeing what we can get for under $1 million, right on the water. Our latest Splurge vs. Steal looks at two waterfront homes, each with a great location and space to dock your boat, but with price points that are miles apart. Which would you choose, the sprawling two-story splurge or the family-friendly waterfront steal?

Splurge: Sprawling Two-Story With Impressive Lake Views For $829.9K 

This lake home is teeming with possibility! It sits right on the water and affords two levels of indoor-outdoor entertaining. The five-bedroom, three-full-and-two-half-bathroom home offers 3,670 square feet, with light and airy interiors that are move-in ready. However, those grand double decks are what caught our eye. Soak up the sun and catch those water views from a number of spaces throughout. According to the listing, “Both upper and lower east-facing decks are screened, adding shaded space for a prime view of the lake without the heat and glare of the afternoon sun.” Other highlights include an effortless floorplan, main level master, and an updated gourmet kitchen.

Michelle Marshall with RE/MAX Lake of the Ozarks has listed 900 Palisades Drive, Four Seasons, Missouri for $829,900.

Steal: Family-Friendly Waterfront Gem With Community Amenities For $570K


For much less than our splurge you could own this pristine lake home in a community with loads of amenities. It’s right on the water and has access to a number of swimming pools, a clubhouse, playgrounds, and tennis. There’s a total of four bedrooms, plus three-full-and-one-half-bathrooms to host a crowd. In addition, the description says it’s “Conveniently located on the 12MM so you are close to countless restaurants and attractions by water and road. The three-well concrete dock is approximately 2,000 square feet offering the perfect spot to house your boat.

Premier Lake Properties with RE/MAX Lake of the Ozarks has listed 552 Eagle Drive, Four Seasons, Missouri for $570,000.