SORRY, THIS PROPERTY HAS BEEN SOLD.
Parked on the east side of the property.
This 17 acre tract offers paved road frontage as well as frontage on a private easement road. This acreage is located in Camden County, Missouri and is about 20 miles northwest of Camdenton which is the county seat. This land is only about two miles from the world famous Lake Of The Ozarks which offers fantastic fishing, boating and recreational opportunities.
Within the last couple of years this tract was logged of the larger commercial white oak trees. Parts of the property appear to have been logged fairly heavily and parts of the property were not touched at all. The west end of the property was heavily logged and it looks messy. Originally we had planned on spending a couple of days cleaning up the west side of the property but instead we decided to price this tract UNDER $1,500 an acre and give someone the opportunity to build some equity by cleaning it up. Here is a great chance to get a well-located property with great views for an excellent price.
Yikes! This is a photo of the west side of the property taken from the easement road. The property is basically level here and it could be a very nice site with the brush piles cleaned up and some of the smaller trees removed.
The price on the entire 17 acres is $24,500. With $500 down the monthly payments will be $255. This is about a 15 year payment schedule and an annual interest rate of 9 3/4%. With $1,500 down the interest rate drops to 7 3/4% and the payment drops to $220 a month. With $2,500 down the interest rate drops to 6 3/4% and the payment drops to $195 a month. With $5,000 down the interest rate drops to 5 3/4% and the payment drops to $165 a month. These payments are all based on about a 15 year payment schedule.
This aerial photo shows the property (which is Tract 4, toward the left side of the photo) in relation to the other parcels in the area.
To take a look at the property please click on the video below.
If the video is not showing up please copy and paste the web address below into your browser.
Click on the photos on the right side of the screen to enlarge them and to get a short description of each photo.
An aerial photo showing the approximate dimensions of the property, which is outlined with the solid pink line. The property has about 380 feet of frontage on Coffman Bend Drive on its west side and about 500 feet of frontage on the gravel/dirt easement road on its east side. The lighter colored area you see toward the east side of the property is the meadow on the property.
The property is level on the west side and slopes down as you go east. It is the lowest on the east side.
Trees on the property.
This area is full of deer and wild turkey. On this tract you will find multiple spots that could be excellent for building or camping. This tract is subject to the 5 basic restrictions as shown on our website (no single wide mobile homes, etc.). When you build your home or cabin on the property it must be on a concrete foundation with a minimum square footage of 600 feet. A simple 20′ X 30′ concrete pad meets this requirement.
Here are the directions to the property: From Camdenton, Missouri go north on Highway 5 for about eight miles. You will cross a large bridge that goes over part of the Lake Of The Ozarks. After the bridge go about another mile and then go left (west) on Highway 7. Stay on Highway 7 for about eleven miles and then go right (north) onto Highway Z. There is a small gas station/convenience store here which is a good landmark (although it recently closed). Stay on Highway Z for about 2 miles and then take a right onto Coffman Bend Drive. Go about 300 feet and you will see the property on the right side of the road. The property is level on the west side and with a truck or an suv you can pull right on and park. To get to the east side of the property stay on Coffman Bend Drive for about a quarter of a mile then go right onto Dodds Camp Road, which is gravel. Now go about one tenth (1/10) of a mile and you will see the start of the easement road on the right. Take the easement road down to the east side of the property.
When you visit the property PLEASE print out the maps and directions we have provided as it can be tricky the first time you drive to the property. If you would like us to email you all of the maps and pictures just let us know. Feel free to go check out the property and walk all around. There may be a locked cable at the start of the easement road so please email us or give us a call and we will get you the combination for the lock. Please bear in mind that the easement road is a minimum maintenance road so bring your four wheel drive truck or suv.
Why not invest your money in something your family can use and enjoy? Take your family camping on your own property next weekend!
The full sales price for the entire 17 acre tract is $24,500. With $500.00 down the monthly payment will be $255.00 with an annual interest rate of 9 3/4%. Taxes are only about $55 a year and are already taken care of for 2014. There are no prepayment penalties, no hidden fees and no balloon payments.
Please note that a larger down payment will substantially reduce your interest rate and monthly payment amount. With $1,500 down your rate drops to 7 3/4% and your monthly payment drops to $220.00. With $2,500 down your rate drops to 6 3/4% and your payment drops to $195.00. With $5,000 down your rate drops to 5 3/4% and your payment drops to $165.00. Also please note that you have six months to ADD to your down payment in order to reduce your interest rate and payment amount!
If this is the property for you then please choose your initial down payment amount in the box below. Also please feel free to give us a call and we can answer any questions or complete the transaction over the phone.