Bull Shoals Lake Lakefront Property

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468 Martingale Drive
Theodosia, MO 65761

Property

$179,900

Off-the-water

Single Family:
3 bedrooms, 2 full baths, no half baths

Ozark
(N/A)
Fireplaces:

Escape to the Ozarks with this charming 3-bed, 2-bath vacation home, set on approximately 2 acres just minutes from Bull Shoals Lake in Theodosia. Known as the ''Record Bass Capital of Missouri,'' the area is perfect for boating, fishing, and soaking in the scenic beauty of the Ozarks. With easy lake access and a peaceful, private setting, this property makes an ideal lake getaway, weekend retreat, or income-producing vacation rental.The home offers a spacious open floor plan, featuring a large living room and an open-concept kitchen perfect for gatherings or unwinding after a long day on the lake. The split-bedroom layout ensures privacy, with the primary suite offering a full private bath, while two additional bedrooms share a second full bath on the opposite side of the home. All appliances are included, and White River Electric fiber-optic internet is available. Outside, the level 2-acre lot is dotted with mature shade trees and provides plenty of space for outdoor recreation, gardening, boat and RV parking, and potential for future additions such as a shop or guest cabin. Property includes a small greenhouse and two storage sheds. Recent updates include a new roof and siding, completed about three years ago.Enjoy lake living with convenience, privacy, and income potential, all just minutes from Bull Shoals Lake.

Property Information

Total Living Area: 1638 sq. ft.
Garage/Parking: Circular Driveway, Private
Approx. Acres:
Living Area - Total: 1638 sq. ft.
Living Area - Above Grade: 1638 sq. ft.
Living Area - Below Grade: 0 sq. ft.

Room Details

Features

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Other Property Information

Year Built: 1960

Tax Information

Taxes: $679
Parcel #: 18-0.6-13-003-000-0027.000

Listed by Gavin Reed of Action Realty

SOMO # 60318098

Southern Missouri Regional MLS data last updated on Thursday, April 23, 2026 at 9:22 AM

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