454 Hwy 42 Osage Beach Missouri home for sale listed at $1,995,000
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$1,995,000
MLS# 3589072

454 Hwy 42

Osage Beach, MO 65065· Miller County
Patoma
CommercialDevelopmentResidential
11.2
Acres
$178,125
Per Acre
Land
Type
Miller
County
$5,776/yr
Est. Taxes
1 Days
On Market
July 29, 2026
Listed

About This Property

Located less than one mile from 3 School of the Osage campuses, just minutes from 54-42 junction, (Prewitt's Point: Lowes, Target, HY-Vee), this versatile 11-acre property offers exceptional potential for investors, developers, and entrepreneurs. Featuring six highway-front parcels that can be purchased separately or combined in multiple configurations, this property provides flexibility to fit a variety of development goals. Back acreage previously approved for a 57 unit tri-plex subdivision, consider multi-family, commercial space, mixed-use development, restaurant, health food store or the business you've always wanted to build. The property includes two wells and an office trailer currently occupied by a tenant. Excellent Hwy 42 frontage provides outstanding visibility and convenient access in one of the Lake area's growing corridors. Adding to its appeal, flights arriving and departing from nearby Lee C. Fine Memorial Airport, soon to have a jet-port, will drive pass by this highly visible location. With development options, flexible parcel layouts, and a strategic location in Osage Beach, this property presents a rare opportunity to invest in the future of the Lake area.

Land & Acreage

Property TypeLand
Acreage11.20 acres
Price / Acre$178,125
Lot Dimensionsirreg
CountyMiller County
Parcel Number143052000000024003
SubdivisionPatoma

Land Features & Use

Possible Use
CommercialDevelopmentResidential
Terrain & Lot Features
Gentle SlopingLevel
Road FrontageHighway
Road SurfaceAsphalt, Paved

Water & Utilities

Water SourcePublic
Sewer / SepticCommunity/Coop Sewer

Structures & Outbuildings

On the Property
None

Financial & Terms

List Price$1,995,000
Original Price$1,995,000
Price / Acre$178,125
Annual Taxes$5,776 (2025)
PossessionClosing
HOA Fee$0/month
Legal Description

Exact Legal to Govern, Miller County, MO

About Miller County

Missouri Ozarks (South-Central Highlands)
Land & Farm

Osage River hills between working pasture and Lake of the Ozarks

Miller County straddles the northern Ozarks along the Osage River, where timbered hills and rolling pasture run down to the shoreline of Lake of the Ozarks. The mix is appealing to a range of buyers: cattle and hay ground on the ridgetops and bottoms, oak-hickory timber holding whitetail and turkey, and lake access that adds strong recreational and water value. Thin, rocky soils keep the working use in grazing and forage rather than crops. Anchored by Tuscumbia and close to the lake's amenities, the county blends genuine farm country with waterfront appeal. Tracts here suit a working cattle place, a timbered hunting parcel, or a recreational holding within reach of the water.

Terrain
Timbered hills and rolling pasture above the river
Land Use
Cattle and hay
Water
Osage River and Lake of the Ozarks
Recreation
Lake fishing and boating, deer and turkey hunting
Area overview for general orientation — verify specifics independently.
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Listing information is deemed reliable but not guaranteed and should be independently verified. IDX information provided by MARIS MLS. Listing courtesy of Albers Real Estate Advisors. Listed by MARY ALBERS.

MLS# 3589072 · Key: LOBR1178537988 · Last updated: Jul 30, 2026

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