Back in May of 1997, Money Magazine, cited Lake of the Ozarks as one of the “Most Desirable” areas for second home investment. In fact, the article went on to say the Lake of the Ozarks had the highest appreciation of values of any of the reported areas at 34%.

Money Magazine estimates that approximately one third of our population, is ‘Second Home Buyers’ - The Lake of the Ozarks represents an excellent opportunity for second home ownership.

With more than 1100 miles of shoreline, abundant state parks, a plentiful supply of clean water, friendly people, and great shopping, the Lake of the Ozarks has long been regarded a best kept secret as a recreational paradise, and a wonderful place to live.

That Was Then

This Is Now

The Secret Is Out!

The State of Missouri is Investing Nearly $200 Million

Over the Next 5 Years in Bridges and Highways!

Why?

Because Substantial Growth is Emanate!

Baby Boomers: John Tuccillo, Chief Economist for the National Association of REALTORS®, predicts that as baby boomers swell the ranks of retirement and pre-retirement buyers, their appetite for the good life will accelerate values of second homes. Right now 7% of Americans currently own a second home. Experts believe that the demand for second homes is about to sky rocket as the bumper crop of 40 million baby boomers reach prime second home buying age within the next ten years. Also, as the demand for second homes rises, so does the potential for increasing values for those who know to get in now on the ground floor

Property At the Lake is Affordable: When you compare property prices at the Lake of the Ozarks with other recreational areas such as Vail, Lake Tahoe, or Okaboji Iowa, you will find that we are the best value. A two bedroom waterfront condominium can still be found for under $90,000.00 And if you want to place your home or condominium with a management company, that will rent it when you are not using it, second home ownership becomes extremely affordable. Currently there is an excellent variety of waterfront homes, condominiums and golf course homes available in a wide range of prices.

Lake Property Appreciates In Value: How many times have you said “If only I had bought 10 years ago”? We believe that people who don’t invest in property at the Lake of the Ozarks this year will be repeating that phrase 10 years from today. Look at the facts. For the past 30 years we have had a steady appreciation of property values. Baby boomers will increase the demand and the Lake of the Ozarks is receiving national exposure as one of the top recreational areas to consider for investment. The signals are clear for bullish times at the Lake of the Ozarks.

Invest in Yourself: Many people who have purchased a second home point to the intrinsic value they and their family receive. One told us “it’s my place to retreat, relax and recharge”. If owning a second home is something you have always dreamed about, now may be the best time to make that dream become a reality.

Economic Conditions are Favorable: In the past, when you wanted to borrow money for a second home you were charged a premium interest rate with a sizable down payment. Not today. Second home mortgage money is not only easy to acquire, the rates and charges are similar to what you would pay for a primary residence, with as little as 10% down.

Property Taxes are Low: With a tax rate of approximately $4 per 1000, many second home buyers are pleasantly surprised at how low our taxes are compared to other parts of the country.

Second Home Tax Breaks: Mortgage interest and property taxes on a second home are tax deductible. And if you borrow money on a home equity loan for you down payment, that too can be tax deductible. Rent out your second home and you may be able to deduct rental expenses and depreciation. Tax laws are complex and constantly changing. Be sure to consult a professional tax advisor for the best way to take advantage of owning a second home.

Good Stuff to do At the Lake: Do you know that the number one activity at the Lake of the Ozarks is shopping? That’s not hard to believe when you think about all the great gift shops, antique stores and of course our world famous Osage Village Factory Outlet Mall. The lake has always been noted for good food and abundant restaurants. By boat or car we have a selection that can’t be beat. Also, lots of family fun, check out miniature golf, go carts, Miner Mikes and Big Surf. Kids of all ages love the lake.

A Boating Paradise: Once you have boated on the Lake of the Ozarks it is an experience you will not forget. With hundreds of miles of meandering shore line and protected deep coves, the lake provides room for large cruisers to small fishing boats, River boaters and salt water captains, who have come to our lake applaud the clean waters, majestic scenery and the waterfront.

The Lake as a Golf Destination: Golf is growing in popularity nationally and is exploding at the Lake of the Ozarks. The May 1997 issue of Golf Magazine had a two page feature article on golf at the Lake of the Ozarks, calling us “a golf hot spot in a watery wonderland”. This national exposure is one more reason why theLake of the Ozarks is becoming a mid-western golf destination. During the past few years, Rolling Hills, the Eldon Country Club, Indian Rock, and Sycamore Creek have expanded their courses to 18 holes. The Lake of the Ozarks is a favorite golf destination, with over 225 holes of golf with the new Bear Creek Golf Course in Osage Beach nearing completion in the spring of 2001. The lake area's 14 courses feature designs by Arnold Palmer, Tom Weiskopf, Bruce Devlin, Robert Von Hagge and others. Golf will continue to grow and attract people and interest in second home ownership.

Home