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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.

Highlights

  • Land
  • 11.2 Acre Lot
  • 108 days on Market

  • Parking Features
    Concrete

  • Acres
    11.2
  • Lot Features
    Sloped, Level, Gentle Sloping
  • Water
    Public

  • Area
    D
  • County
    Miller
  • City
    Osage Beach
  • Neighborhood
    Patoma
  • Zip Code
    65065

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Frequently Asked Questions

How do I schedule a tour of 454 Highway 42?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 454 Highway 42.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 454 Highway 42?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,195,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Osage Beach, and can even get you in to see the property quickly.

How do I get a virtual tour of 454 Highway 42?

Yes! A virtual tour is available for 454 Highway 42. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 454 Highway 42?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 454 Highway 42 at around $12,973. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 454 Highway 42?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Miller County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 454 Highway 42?

In most cases, yes. Whether 454 Highway 42 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Osage Beach's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 454 Highway 42?

We can handle that for you. Our preferred local agent specializes in lands in Osage Beach and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

454 Highway 42 was listed on July 29, 2026, which means it's been on the market for 108 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

454 Highway 42 sits on a 11.2-acre lot, which is 487,872 square feet.

What are the property taxes for 454 Highway 42?

The most recent public record shows annual property taxes for 454 Highway 42 were approximately $5,776. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 454 Highway 42 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part courtesy of the Broker Reciprocity/IDX Programs of the Multiple Listing Services of Lake of the Ozarks Board of REALTORS® Inc. and Bagnell Dam Association of REALTORS®. Real estate listings held by brokerage firms other than ReeceNichols Real Estate are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. The information being provided is for consumers' personal, non-commercial use and will 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. Information deemed reliable but not guaranteed. Copyright © 2026 Lake of The Ozarks BOR and Bagnell Dam AOR. All Rights Reserved.