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ACTIVEcondovia mls

346 Terrace Crest Lane, Unit 7

Reeds Spring, MO, 65737

4 bd2 ba1,088 sqftBuilt 1953

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60325698

List price

$395,000

$363/sqft

Listing description
Own a rare slice of one of Table Rock Lake's most beloved waterfront traditions. Welcome to Royalty Shores, a thoughtfully reimagined lakefront retreat where generations of families have gathered to create their own version of 'that one unforgettable summer on the water.' Tucked along the crystal-clear shoreline in the heart of the Ozarks, this is more than a cottage, it's an invitation to slow down, reconnect, & savor the moments that matter most. Formerly part of the cherished Crest Lodge, where guests returned year after year to rest, recharge & swap fishing stories that seemed to grow larger with every telling, this iconic property has been transformed into individually owned lakefront residences. Eagles soar overhead, gentle waves lap the shoreline, & everyday stresses fade into the background. Spend your days strolling the shoreline, casting a line, kayaking, cooling off in the lake, or relaxing beneath the trees w/ your favorite book in hand. Whether you're seeking a personal retreat or an income-producing opportunity, owners may enjoy their cottage privately or continue the tradition through nightly rentals. Community amenities include a lakeside swimming pool, playground, shoreline access, lawn care, & low HOA dues designed to keep your weekends focused on lake life. This cozy, nostalgic lock-out duplex offers 4 bedrooms, 2 baths, 2 kitchens, open living & dining areas, beamed ceilings, walk-in showers, & expansive water views. Sliding glass doors open to the grilling deck, creating the perfect space to gather after a day on the lake. Sold turn-key for immediate enjoyment. Complete your lake package w/ an optional 10x24 boat slip available just below (add $65k). Slips are for owner use only. By land you're just min from shopping, dining, boutiques, Branson & the Mark Twain National Forest. By water enjoy easy access to marinas, boat-up restaurants, hidden coves & endless sunset cruises. Continue a cherished Table Rock Lake tradition @ Royalty Shores.
Financial analysis

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

Monthly cash flow

-$59

Cap rate

6.2%

Cash-on-cash

-0.9%

DSCR

0.97

Est. annual revenue$57,466
Stays / year58
Property tax($3,950)
Insurance($1,975)
Utilities($2,700)
Electricity($120)
Waterin HOA dues
Sewer($20)
Trash($25)
Internet / cable($60)
HOA($2,400)
Management($11,493)
Maintenance reserve($2,873)
Cleaning($5,256)
Lodging / tourism tax($2,299)
Total operating expenses($32,946)
Net operating income$24,520
Down payment$79,000
Loan amount$316,000
Monthly payment (P&I)$2,102.36
Annual debt service($25,228)
Annual cash flow-$709
Break-even occupancy49.0%

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