# 15231 Martingale Road, Gravois Mills, MO 65037

> **TL;DR:** 4bd/3ba single family, $554,000 ($314/sqft), built 1983, 1,766 sqft.
> Waterfront, A/C. Est. $2,401/mo. Listed 86 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $554,000 |
| Price/sqft | $314 |
| Bedrooms | 4 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 1,766 |
| Year Built | 1983 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 86 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,401 |
| **Total** | **$2,401** |

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 1983
- 0.08 acre lot
- Waterfront

## Description

### Agent Description
In the calmer waters of the Gravois Arm at Lake of the Ozarks (8MM), 15231 Martingale Road is built for easy lake living AND smart investing. The walk-in main level features two master suites plus two additional bedrooms, while the lower level offers the kitchen, dining, living room, and a convenient half bath. Step onto the covered deck or down to the martini deck for long, laid back evenings and effortless entertaining. Down at the water, with over 160 feet of shoreline, enjoy a dock with two boat slips w/hoists, a PWC slip w/hoist, swim platform, and covered seating. Bonus!! This package includes an adjoining lakefront lot, ideal for extra parking, gatherings, or future plans; AND, rentals are allowed for the investment savvy!

## Location

- **Address:** 15231 Martingale Road, Gravois Mills, MO 65037
- **County:** Morgan
- **Neighborhood:** Clearwater
- **Coordinates:** 38.305342, -92.797669
- **Google Maps:** https://www.google.com/maps?q=38.305342,-92.797669

## Listing Agent

- **Name:** ALAN BARBOREK
- **Brokerage:** Keller Williams L.O. Realty
- **Phone:** 5736944455
- **Email:** alan@benkinneyteam.com

## Primary Photo

![15231 Martingale Road - Primary Photo](http://lh.rdcpix.com/960a4f126fb99c905f7cf2732bbd4a6dl-f110698712r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/15231-martingale-road-gravois-mills-mo-65037-3583370)*

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**MLS#:** 3583370 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Bagnell Dam Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/15231-martingale-road-gravois-mills-mo-65037-3583370)

---

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