Lake Ozark Homes under $200,000

Welcome to Lake Ozark, Missouri—a picturesque haven nestled in the heart of the Ozarks, where stunning natural beauty meets a vibrant community spirit. Known for its sparkling waters and lush landscapes, Lake Ozark is a premier destination for both relaxation and adventure. With over 1,150 miles of shoreline, the area is a paradise for boating, fishing, and water sports enthusiasts. Beyond the water, residents enjoy hiking trails, golf courses, and charming local shops, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle.

For those looking to invest in this enchanting locale, Lake Ozark offers a variety of homes under $200,000, making it accessible for first-time buyers and those seeking a vacation retreat. These affordable properties range from cozy condos with breathtaking lake views to quaint single-family homes nestled among the trees. Each option provides a unique opportunity to embrace the laid-back lifestyle that Lake Ozark is known for.

Imagine waking up to the sound of gentle waves and sipping your morning coffee on a sun-drenched porch. With Lake Ozark’s welcoming community and diverse recreational activities, you’ll find that this charming city is not just a place to live but a place to thrive. Whether you’re searching for a year-round residence or a seasonal getaway, the homes available under $200,000 offer the perfect balance of comfort and affordability. Discover your dream home in Lake Ozark today, and start living the life you’ve always envisioned!

Newest Lake Ozark Homes under $200,000

179 Vintage Circle Unit 3A-B, Lake Ozark

$199,900

2 Beds ⋅ 2 Baths ⋅ 3590544 MLS

Located on the top floor at Vintage Landing, this spacious 2-bedroom, 2-bath condo offers stunning main-channel views of Lake of the Ozarks from the screened-in porch and an unbeatable central location. The flexible lockout floor plan includes a private bedroom, full bath, and kitchenette—a proven, turn-key Airbnb where current owners enjoy strong rental success. Sold fully furnished, the condo features a newer HVAC system, a full kitchen plus kitchenette, and a full-size washer and dryer, making it ideal for full-time living, a weekend retreat, or an investment. Assessments include electric for the condo as well as access to the exceptional Four Seasons amenities, such as the new indoor pool, fitness center, multiple pools, fishing lakes, activity center, boat launches, campground, RV park, Bark Park, hiking and biking trails, parks, sports courts, swim club, tennis club, and more. Conveniently located near popular restaurants and entertainment by land or water, this property delivers a premier host opportunity and a front-row seat to holiday fireworks, blending lake lifestyle with proven income potential.

179 Vintage Circle Unit 3A-B, Lake Ozark

$200,000

2 Beds ⋅ 2 Baths ⋅ 3590348 MLS

Welcome to your Lake of the Ozarks getaway! This beautifully furnished, turn-key 2-bedroom, 2-bath top-floor condo offers stunning lake views and the perfect blend of comfort, convenience, and waterfront living. Large windows fill the open living space with natural light, while the vaulted ceilings and newer windows create an open, airy feel throughout. Enjoy relaxing on your private deck while taking in the beautiful lake views. The condo features newer appliances and comes fully furnished, making it easy to move in, enjoy as a vacation home, or use as an investment property. For the lake enthusiast, a 10x20 covered boat slip with lift and a PWC slip with lift are included. Community amenities include a pool, clubhouse, tennis courts, playground, and beautifully maintained grounds. Located in the heart of the Lake of the Ozarks area, this property puts boating, fishing, dining, and entertainment within easy reach. Come experience lake living at its best!

70 Robinwood Drive Unit 3E, Lake Ozark

$184,900

2 Beds ⋅ 2 Baths ⋅ 3590279 MLS

Welcome to easy Lake living at the desirable Four Seasons Racquet Club! This beautifully updated 2-bedroom, 2-bath villa offers comfort, style, and flexibility in a fantastic Lake of the Ozarks location. Recent updates include stainless steel appliances, custom cabinetry, flooring, light fixtures, plumbing, electrical, and a newer HVAC system. A standout feature is the spacious four-season room, providing valuable additional living space and plenty of possibilities for a home office, game room, guest space, or additional sleeping area. Enjoy the convenience of being within walking distance of The Regalia Hotel and close to dining, entertainment, golf, boating, and everything the Four Seasons area has to offer. Whether you're searching for a full-time residence, weekend Lake getaway, or investment property, this villa offers an appealing combination of location, updates, and versatility. Low-maintenance Lake living with the space to make it your own—come see what makes the Four Seasons lifestyle so special! Be sure to check out the virtual tour for a bird's-eye view.

35 Casa Blanca Road Unit 2A, Lake Ozark

217 Southwood Shores Drive Unit 1A, Lake Ozark

$185,000

2 Beds ⋅ 2 Baths ⋅ 3590189 MLS

Nestled in a prime location at the 12-mile marker, this nicely updated condo offers the perfect blend of comfort and convenience. Experience serene lake views and enjoy the included boat slip and lift, making lake life effortlessly enjoyable. The condo comes fully furnished, ready for you to move in and start living the good life. As a walk-in unit with minimal stairs, accessibility is a breeze. The expansive deck, which has steps leading to pet-friendly areas, is perfect for relaxing or entertaining. The community is rich with amenities, including both indoor and outdoor pools, tennis courts, boat trailer parking, a convenient boat ramp, a clubhouse for gatherings, and a scenic lakefront boardwalk. This condo not only offers the lake lifestyle but also a investment opportunity as it allows short-term rentals. Embrace Lake of the Ozarks with ease and style in this well priced condo unit. Don't miss this rare opportunity for a furnished, turnkey property complete with all the extras.

217 Southwood Shores Drive Unit 1A, Lake Ozark

150 Southwood Shores Unit 1B, Lake Ozark

$169,000

2 Beds ⋅ 2 Baths ⋅ 3590283 MLS

Lake living is easy at this turnkey 2-bedroom, 2-bath condo in the gated Southwood Shores Condominiums! Located on the first floor, this inviting retreat combines convenience, comfort, and resort-style amenities, making it a great choice for a weekend getaway, vacation home, or full-time lake lifestyle. Step outside onto your private deck and enjoy easy access to the dock, where your included boat slip makes getting out on the water simple. Spend your days boating and exploring the lake, then come home to relax and take advantage of everything the community has to offer. Southwood Shores is packed with amenities, including an outdoor pool, an indoor pool, fitness center, tennis court, dog park, playground, and more. The assessment fee also includes internet, water, sewer, trash, and access to community amenities, helping make lake life even more convenient. With furnishings included, a boat slip ready for lake days, and an amenity-filled gated community, this condo is ready for you to start enjoying from day one. Schedule your private showing today and discover the Southwood Shores lifestyle!

150 Southwood Shores Unit 1B, Lake Ozark

237 Southwood Shores Drive Unit 2B, Lake Ozark

$169,250

1 Beds ⋅ 1 Baths ⋅ 3590228 MLS

Welcome to one of the nicest Subdivisions at the lake! The minute you walk in to this unit you will be "WOW" completely update condo offers lake vies and a turn key lifestyle. Features include a bright white kitchen with granite countertops, stainless steel appliances, new beautiful vinyl plank flooring throughout, this condo blends modern style with cozy comfort. Motivated sellers, & all the extremely nice furnishings are included, also New HVAC system and the convenience of your in-unit washer & dryer. Short term rentals are allowed, making this property an ideal investment or the perfect year around personal retreat. The gated community offers incredible resort-style amenities, including lakefront pool, and indoor heated pool, a hot tub, swim dock, playground, tennis courts, business center, clubhouse, concrete boat ramp, boat trailer parking, and a fish cleaning station. Located at the 12MM, with access to the lakes finest restaurants, shopping, and entertainment by land or by water! If your searching for a relaxing, low maintenance getaway or an income producing rental, this property has it all!

237 Southwood Shores Drive Unit 2B, Lake Ozark

49 E. Casa Seville Drive Unit 170, Lake Ozark

$139,900

2 Beds ⋅ 2 Baths ⋅ 3589865 MLS

Welcome to effortless lake-area living! This wonderful 2-bedroom, 2-bath condo offers comfort, convenience, and charm—perfect for full-time living or a relaxing getaway. The primary bedroom complete with its own jacuzzi tub and separate shower. With only 3 steps into the unit, accessibility is a breeze. Step inside to an inviting open layout featuring tile floors throughout the main living area and kitchen/dining, making upkeep simple and stylish. The kitchen shines with newer soft-close cabinets, granite countertops, and plenty of storage. A stackable washer and dryer add everyday ease. Enjoy a seasonal lake view from your cozy living space or unwind in the enclosed 3-seasons room, complete with a storm door and no steps leading out to a beautifully landscaped lawn—a rare and peaceful bonus! Both bedrooms are comfortably sized with ample storage, and the unit is being sold furnished, making your move-in experience smooth and stress-free. If you’re looking for low-maintenance living with thoughtful updates, great outdoor access, and a touch of lake serenity—this is it! The unit can be used as an income producing unit on Short Term or Long Term rental programs.

49 E. Casa Seville Drive Unit 170, Lake Ozark

40 Lighthouse Road Unit 3-104, Lake Ozark

$195,000

2 Beds ⋅ 2 Baths ⋅ 3589676 MLS

Lake life starts HERE! This beautifully maintained 2-bedroom, 2-bath condo at Lighthouse Landing is turn-key, fully furnished, and ready for you to start enjoying from day one. The comfortable layout flows right out to a lakeside screened porch—the perfect spot for morning coffee, evening cocktails, or simply kicking back and enjoying the view. Even better, a 12x28 boat slip is included, so you can be on the water and cruising in no time! Tucked inside a quiet cove, Lighthouse Landing offers calmer water that’s ideal for swimming, fishing, kayaking, and paddle boarding. Enjoy the heated community pool, large designated pet areas, and a fantastic location just minutes by land or water from the restaurants, shopping, entertainment, and attractions of the Bagnell Dam Strip. Nightly rentals are allowed, giving you the flexibility to enjoy it yourself while also taking advantage of rental income potential. Whether you’re looking for a weekend getaway, full-time lake living, or an investment property, this affordable lake condo checks all the boxes. Bring your suitcase and start making lake memories!

40 Lighthouse Road Unit 3-104, Lake Ozark

177 Southwood Shores Unit 3D, Lake Ozark

$189,900

2 Beds ⋅ 2 Baths ⋅ 3589636 MLS

Start enjoying your Lake Escape without breaking the bank! This top-floor 2-bedroom, 2-bath condo is located in a popular gated complex packed with amenities for year-round enjoyment. Vaulted ceilings create a spacious feel, and with no one above you, you can relax in peace. Enjoy morning coffee or evening drinks on the large private deck. Everything is included—just bring yourself! Amenities include a waterfront pool, indoor pool and hot tub, tennis/pickleball courts, playground, boat ramp, swim dock, and trailer parking. Conveniently located in the heart of Lake of the Ozarks, you’re close to shopping, dining, entertainment, and numerous waterfront destinations accessible by boat. The unit would make an excellent investment opportunity. Updates include a new water heater in 2022 and HVAC in 2024. A 4000 lb lift and 2020 Lowe 21' tritoon are also available for purchase to make this the full package. Your Lake Escape is waiting—make it yours today!

177 Southwood Shores Unit 3D, Lake Ozark

6 Costa Del Sol Drive Unit 2A, Lake Ozark

$149,900

2 Beds ⋅ 2 Baths ⋅ 3589640 MLS

Enjoy turnkey living in the heart of Four Seasons with this 2 bedroom, 2 bathroom, top-floor condo at Osage Vistas! Centrally located, this condo puts you just minutes from the shopping, dining, and entertainment of the Bagnell Dam Strip and Osage Beach Parkway. A new Carrier energy efficient HVAC system with a 10 year warranty was just installed, the water heater was replaced in 2025, and newer decking leads to the unit. Inside, the condo sports over 1,200 square feet and comes fully furnished and turnkey with everything included, making it ready to enjoy from day one. One of the highlights is the large covered and screened-in patio, providing an awesome outdoor living space to relax and enjoy your evenings. Osage Vistas offers an abundance of community pools and amenities throughout the complex. The property has also been a successful rental, offering flexibility as a personal Lake getaway or investment property. For those wanting to get on the water, boat slips can be purchased separately nearby, providing convenient lake access just down the road. Location, amenities, updates, and rental potential make this a great opportunity in Four Seasons!

6 Costa Del Sol Drive Unit 2A, Lake Ozark

150 Southwood Shores Drive Unit 21-4B, Lake Ozark

$185,000

2 Beds ⋅ 2 Baths ⋅ 3589481 MLS

Enjoy stunning main channel side views from the private, open top-deck of this fully furnished, turn-key top-floor condo at Southwood Shores! This move-in ready 2-bedroom, 2-bathroom home features a spacious living room centered around a cozy fireplace, an open kitchen, and includes a 12x36 boat slip. Situated in a quiet cove location, the complex boasts premium amenities including indoor and outdoor pools, a hot tub, tennis and pickleball courts, a clubhouse, plus a private boat ramp and trailer parking.

150 Southwood Shores Drive Unit 21-4B, Lake Ozark

177 Southwood Shores Drive Unit 1C, Lake Ozark

$189,900

2 Beds ⋅ 2 Baths ⋅ 3589067 MLS

LAKE LIFE UNDER $200K! Remodeled, fully furnished, and nightly rental-friendly, this 2-bedroom, 2-bath Southwood Shores condo offers an incredible combination of affordability, location, and resort-style amenities. Whether you're looking for a Lake getaway, investment property, or easy full-time retreat, this one is ready to enjoy from day one. Step outside and you're just moments from the lake, waterfront pool, indoor pool, hot tub, clubhouse, swim platform, boardwalk, tennis courts, playground, and community docks. Southwood Shores also offers something buyers don't always find at Lake complexes—abundant parking, boat trailer parking, green space, gated entry, and a boat ramp. Located at the 12 MM and close to everything Horseshoe Bend and Lake Ozark have to offer. At this price point, it's an easy way to start enjoying the Lake of the Ozarks lifestyle! The HOA includes cable, internet, sewer, trash, water, and yard maintenance.

177 Southwood Shores Drive Unit 1C, Lake Ozark

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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 Lake Keys, Powered by RE/MAX Lake of the Ozarks