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ACTIVEcondovia mls

335 Majestic Drive

Branson, MO, 65616

6 bd6 ba2,567 sqftBuilt 2022

Listing courtesy of Branson USA Realty, LLC · (417) 334-8962 · MLS# SOM60326933

List price

$880,000

5% price cut$923,000

$343/sqft

Listing description
BOAT SLIP + UNIQUE + LAKE = HAPPY OWNERS Perfect for a big Welcome to a rare LAKEFRONT and LAKEVIEW lodge-style condominium with SLIP overlooking Table Rock Lake in Branson, MO! Beauty for all ages and entertainment space galore. This beautiful fully FURNISHED blue 5-bedroom plus nonconforming bunk room, 6-bath home is nightly rental approved and offers true lakefront access-walk through the woods to the shoreline for kayaking, fishing, or swimming. The showstopper is the 600 sq ft rooftop deck, complete with a TV lounge, full kitchenette, grill, fans, shade, and heaters for full enjoyment. Take in panoramic lake views, stunning sunsets, and even Fourth of July fireworks over the water from the Chateau. A highly coveted BOAT SLIP is also ready for you making this a rare, exceptional opportunity. Designed for gathering, the main level features an open concept living dining area open to a smaller sitting area. The stunning kitchen will knock your socks off. The primary bedroom suite is located on the main level for your convenience. You will step outside to enjoy the propane grill, fire pit, and hot tub--perfect for entertaining. Sit around and feel the quiet seclusion coming from the lake and trees. Walk to the water and enjoy kayaking, fishing and swimming. The spacious bunk room includes four built-in bunks, two TVs, an arcade, and its own kitchenette, creating the ultimate guest retreat. Two of the four upstairs bedrooms feature Juliet balconies. It seems like there are bedrooms and bathrooms everywhere. Walk-in Shower for you, walk in shower for you, bathtub for You. Everybody gets one! Offered fully furnished and turnkey, this HGTV-style property is ideal as a vacation home, second home, or investment property. Located close to all Branson attractions yet tucked in a private, wooded setting, it delivers the perfect blend of seclusion and convenience. There are only 8 of these units in the development, so grab this one for your large family, then relax.
Financial analysis

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

Monthly cash flow

-$592

Cap rate

5.6%

Cash-on-cash

-4.0%

DSCR

0.87

Est. annual revenue$109,150
Stays / year58
Property tax($9,581)
Insurance($4,400)
Utilities($2,700)
Electricity($120)
Water($25)
Sewer($20)
Trashin HOA dues
Internet / cable($60)
HOA($6,462)
Management($21,830)
Maintenance reserve($5,457)
Cleaning($5,256)
Lodging / tourism tax($4,366)
Total operating expenses($60,053)
Net operating income$49,097
Down payment$176,000
Loan amount$704,000
Monthly payment (P&I)$4,683.73
Annual debt service($56,205)
Annual cash flow-$7,108
Break-even occupancy52.7%

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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.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2019 Southern Missouri Regional MLS, LLC. All rights reserved.

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