Address: Pine Lake Road, Potosi, MO
Price: $24,000.00
Owner Finance: Yes
Lot Size: 4.53 Acres
Selling four and half acres of Missouri Ozark land far back in the Indian Creek area of Washington County. There are no building codes, enjoy freedom to craft your life the way you want. Build a cabin in the woods or maybe make a tree house. The property has about one and a half flat to gently rolling acres right off the road. The property slopes down into a hollow and then goes back up in elevation to a smaller gently sloping part of the land. There is power along the road but no other utilities. Water Well depth would be one hundred fifty to two hundred feet on top of the ridge. You could build along the ridge top or cut a trail down and build further back for even more privacy. Currently only one neighbor to the south. The property is less then two miles from Mark Twain National Forest.
The land has a dimension of about two hundred and sixty feet in length (north to south) and runs about seven hundred feet deep on the north line of the lot. The lot runs eight hundred and fifty feet deep on the south line of the lot. The land has not been surveyed, the location is based on the legal description. There are no liens on the property and taxes are all paid. Taxes ran about one hundred forty dollars in 2023. Will owner finance under contract for deed. See Finance Terms.
OWNER FINANCE TERMS
Pine Lake Indian Creek LLC will owner finance this property through a Contract For Deed. A Contract For Deed is a installment contract where after you have paid all the payments you get deed to the property. The purchase price of this property under Contract For Deed is $24,000. The down payment is $2,000 and due at the time of signing the notarized contract. The interest rate is 10% each year. Your monthly payment would be $236.41. You make contract payments monthly for 15 years. To qualify for owner financing you must prove your identity and show a verifiable source of income. We do not do background or credit checks.
DIRECTIONS
You may need 4x4 to get up to the property. The roads are rough and will cause extra wear and tear on your tires and suspension system. Directions to the property are from Lyubovs Mercantile (21106 MO-185, Potosi, MO 63664) which is about 15 miles from Potosi and 25 miles from Sullivan along Highway 185. Go straight across the road from the store down Old Jeff City Rd. (most of the roads are not marked) for .7 miles to a Y then go left. Stay on the road for .44 miles and keep straight at the T. Go about .25 miles to another Y and go RIGHT. Stay on the main road for 1.95 miles, you will have gone down a steep hollow and over a bridge. You will pass by many Y and Ts stay on the main wider road. Turn Left after the bridge onto Pine Lake Road. Go .44 miles up the hill and the property will start on the right side of the road. Please use the map.
CORNERS
Marked Southwest Corner, North of Driveway: 38.033998, -90.972306 (The neighbor's driveway is most likely on property, so we will post a rebar about fifteen feet north of the driveway. Still an encroachment )
Southwest: 38.033842, -90.972438 (On Road)
Northwest: 38.034588, -90.971961 (On Road)
Northeast: 38.034528, -90.969580
Southeast: 38.033806, -90.969588