214 Emerald Bay Dr #1b & 2b, Lake Ozark, MO, 65049
About This Home
A rare opportunity to acquire a turnkey investment package in the centrally located Emerald Bay Condominiums! This exceptional offering includes two beautifully updated lakefront condominiums—a spacious 3-bedroom, 2-bath walk-in unit & a 2-bedroom, 2-bath unit just one flight of stairs down—both established as successful nightly rentals with income potential. Each residence features a lakeside patio, creating the perfect setting for entertaining, relaxing & enjoying the Lake lifestyle. Included dock slips (12x28 & 10x24) provide effortless access to the water, making these properties equally appealing to owners & vacation guests. The beautifully maintained community features a lakeside swimming pool, tennis courts, manicured grounds & affordable HOA dues, adding to the long-term value & strong investment appeal. Whether you're expanding your vacation rental portfolio, completing a 1031 exchange, or searching for a premier Lake of the Ozarks investment, this exceptional package offers an unmatched combination of location, lifestyle, and proven rental appeal. Schedule your private tour today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1997
Notable Dates
- Major remodel year: 2023
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Disposal,Microwave,Range,Refrigerator,Stove,Washer
Bathroom
- Level: Main
Bathroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Dining Room
- Level: Main
Dining Room
- Level: Main
Features
- Ceiling Fan(s),Furnished,Fireplace,Cable TV,Walk-In Closet(s),Window Treatments
- Window features: Window Treatments
- Flooring: Hardwood,Luxury Vinyl Plank,Tile
- Number of fireplaces: 2
- Fireplace features: Two
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,472
- Total interior livable area: 2,472 sqft
Kitchen
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Laundry
- Level: Main
Living Room
- Level: Main
Living Room
- Level: Main
Primary Bedroom
- Features: Bath in Primary Bedroom
- Level: Main
Primary Bedroom
- Features: Bath in Primary Bedroom
- Level: Main
Property
Details
- Parcel number: 01702600000005069101
- Exclusions: Personal Items
Features
- Levels: One
- Pool features: Community
- Patio & porch: Covered,Deck,Open
- Exterior features: Blacktop Driveway,Deck,Tennis Court(s)
- Has view: Yes
- View description: Channel
- Has water view: Yes
- Water view: Channel
- On waterfront: Yes
- Waterfront features: Lake Front,Seawall
Lot
- Features: Lake Front
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Heat Wave
- Ice Storm
- Tornado
- Winter Weather
- Hail
- Landslide
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Missouri Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,539 | $42,468 |
| Home Insurance * | $447 | $5,364 |
| Property Taxes | $268 | $3,216 |
| Electricity | $188 | $2,265 |
| Total | $4,442 | $53,304 |
Income You'd Need if You Spent...
Missouri FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $700,000 |
For Sale by Agent
View on Zillow