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ACTIVEsingle familyvia mls

144 Santana Circle

Reeds Spring, MO, 65737

4 bd4 ba1,982 sqftBuilt 1986

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60324139

List price

$470,000

7% price cut$505,000

$237/sqft

Listing description
Waterfront! You won't find one more updated & closer to the water for money (o: (Now with 10x24 or 28 slip for additional $$) Enjoy the last golden days of summer & the colorful beauty of fall from this walk-to-the-water home near Kimberling City, just 30 minutes from Branson's entertainment, dining, shopping & attractions. Tucked inside sought-after Cedar Ridge Subdivision near Aunts Creek Recreation Area, this beautifully HGTV-refreshed home blends peaceful lake living, boating convenience & year-round comfort. Spend warm afternoons kayaking quiet coves, fishing the shoreline or launching from the nearby ramp, then welcome crisp fall days filled with brilliant foliage, cool lake breezes & peaceful evenings around the firepit. Situated on over 1/2 acre+/- with room to build a shop (subject to approval), the property features walk-in entry with no stairs, a circle drive & expansive wrap-around upper and lower decks ideal for entertaining, wildlife watching or enjoying seasonal lake views. Inside, discover two spacious living areas, a grand foyer, skylights, cozy window seating, fresh paint, all-new wide-plank LVP flooring, light hickory cabinetry, pantry storage, a coffee/cocktail nook, gleaming quartz countertops & all-new Samsung stainless appliances. Offering four bedrooms, 3.5 baths, main-level laundry & a spacious owner's suite with private ensuite and walk-in closet. The lower-level third bedroom also features a private ensuite, creating an ideal guest suite or multi-generational living space. Optional third-party 10x28 & 10x24 boat slips are available for purchase (10x28 off Handsome lane, 10x24 golf cart to it off of Welch). Located just six miles from Kimberling City shopping, local restaurants, the seasonal farmers market, POK Marina, pickleball, floating restaurants & more. Summer fun, fall color & year-round lake living await! ***Optional seller financing available! Terms & conditions apply!
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

-$1,203

Cap rate

3.3%

Cash-on-cash

-15.3%

DSCR

0.52

Est. annual revenue$26,010
Property tax($4,700)
Insurance($1,880)
Utilities($0)
HOA($464)
Management($2,081)
Maintenance reserve($1,301)
Total operating expenses($10,425)
Net operating income$15,585
Down payment$94,000
Loan amount$376,000
Monthly payment (P&I)$2,501.54
Annual debt service($30,018)
Annual cash flow-$14,434

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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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