507 Highline Road
About This Property
Welcome to the Waterfront Chalet of Lake Ozark. Sitting in a beautiful neighborhood near many attractions this home makes a great private residence or high performing short-term rental. This beautifully updated home offers the perfect blend of modern design, comfort, and breathtaking lake views. Nestled in a cove with main channel views, this home is ideal for someone wanting the best of both worlds. Featuring 3 spacious bedrooms and 2.5 bathrooms, this home boasts well over 2100 sq. ft. of stylish living space. The open floor plan has everything you need, from a well equipped kitchen with granite countertops, a dining space that easily seats 8, to a lovely living area all with an expansive and beautiful lake view. Every detail has been thoughtfully designed, from the open-concept living area filled with natural light to the sleek finishes throughout.
Step outside to your expansive lakeside entertainment area, perfect for hosting family and friends. Enjoy cozy evenings by the fire pit, soak in the panoramic lake views, or head down to your expansive dock envelope on year-round deep water.
Whether you're watching the sunrise over the main channel or relaxing under the stars, this property delivers the ultimate Lake Ozark experience. Don't miss this opportunity to own a profitable, iconic home in the Ozarks.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Feb 28, 2024 | No longer available | - | |
| No longer available | |||
| Jan 19, 2024 | In contract | - | |
| In contract | |||
| Jan 3, 2024 | Relisted | $749,500 | |
| Relisted | |||
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017