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ACTIVEsingle familyvia mls

401 Discovery Bay Drive

Shell Knob, MO, 65747

3 bd3 ba1,976 sqftBuilt 2020

Listing courtesy of RE/MAX Lakeside · (417) 858-6126 · MLS# SOM60328051

List price

$799,000

$404/sqft

Listing description
Fly in, boat out, and live the Table Rock Lake dream from this exceptional custom-built hangar home in the private, gated, master-planned lakefront airstrip community of Discovery Bay. Thoughtfully designed and beautifully appointed, this one-of-a-kind property offers 3 bedrooms, 3 bathrooms, a dedicated office, and a large open-concept floor plan built for comfort, entertaining, and effortless lake living. Soaring ceilings with historic beams create a warm, impressive centerpiece, while unique flooring and quality finishes add character throughout. Enjoy peaceful lake-area living from the screened porch, with plenty of space for guests, hobbies, and adventure. The oversized garage and private 40x50 airplane hangar make this property a rare find for aviation enthusiasts, car collectors, lake lovers, or anyone looking for a lifestyle property unlike anything else. Multiple boat slips and slip sizes are available, giving you the perfect setup to enjoy Table Rock Lake by air, land, and water. This is more than a home--it's a destination, a retreat, and a truly unique opportunity to fly directly into your lake dream.
Financial analysis

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

Short-term rentals aren't permitted here, so this is underwritten as a long-term rental — monthly rent and vacancy instead of nightly rate and occupancy.

Monthly cash flow

-$3,482

Cap rate

1.2%

Cash-on-cash

-26.2%

DSCR

0.18

Est. annual revenue$18,867
Property tax($3,270)
Insurance($3,196)
Utilities($0)
HOA($700)
Management($1,509)
Maintenance reserve($943)
Total operating expenses($9,618)
Net operating income$9,249
Down payment$159,800
Loan amount$639,200
Monthly payment (P&I)$4,252.61
Annual debt service($51,031)
Annual cash flow-$41,782

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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.

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