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ACTIVEsingle familyvia mls

226 Ledgestone Road

Shell Knob, MO, 65747

4 bd3 ba2,723 sqftBuilt 1969

List price

$1,050,000

38-web-or-mls-B-38
Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Monthly cash flow

-$3,236

Cap rate

2.7%

Cash-on-cash

-18.5%

DSCR

0.42

Est. annual revenue$58,218
Stays / year67
Property tax($1,155)
Insurance($5,250)
Utilities($3,000)
HOA($0)
Management($11,644)
Maintenance reserve($2,911)
Cleaning($6,023)
Net operating income$28,235
Down payment$210,000
Loan amount$840,000
Monthly payment (P&I)$5,588.54
Annual debt service($67,062)
Annual cash flow-$38,827
Break-even occupancy111.7%

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Listing description
634 feet of walk-down shoreline on Table Rock Lake, 6.2 acres, a private dock that is nearly impossible to recreate, and a five-car garage for boats and lake storage--offered for the first time in nearly half a century.Opportunities like this are extremely limited--especially properties held by the same family for generations.Located just minutes from the heart of Shell Knob yet offering unmatched privacy, this property combines expansive lake frontage, usable land, and direct lake access in a way that is increasingly difficult to find.The private 2-slip dock with lifts, plus dual jet ski lifts, an oversized swim platform, and wide walkways makes lake days effortless--and with a private dock already in place, you're stepping into one of the most valuable and hard-to-secure features on Table Rock Lake.The land is where this property truly stands apart--gentle walk-down access, approximately 2 acres cleared and 4 acres wooded, and multiple potential building sites offer the flexibility to create a true legacy lakefront estate.With Corps land in front, there is potential to further enhance your lake views through selective clearing, adding even more value to an already exceptional setting.The existing home offers 2,700+ square feet with two primary suites, additional bedrooms, and panoramic lakeview decks--ready to enjoy, update, or serve as the foundation for your future vision. The property has been updated over the years with the last major renovation in 2016. The home is being offered furnished, allowing for immediate use from day one.A rare bonus, the 40x30 shop with extended 40x10 tandem space below provides true five-car capacity--ideal for boats, jet skis, and everything that comes with lake living.This is the kind of property families hold onto for decades--and once you see it, you'll understand why.

Projections and scores are estimates for informational purposes only — not financial, investment, tax, or legal advice. Branson-area defaults are starting points; confirm local rules, rates, and revenue before making any decision.