15231 Martingale Rd

$574,750
Price
1,766 Sq. Ft.
$325 / Sq. Ft.
1,766
Sq. Ft.
$325
per Sq. Ft.

Description

15231 Martingale Rd offers big-lake value on the calm waters of the 8MM of the Gravois Arm with over 164 ft of shoreline and a large outdoor entertaining setup. The home features two upper-level primary suites plus two additional bedrooms, with the lower level hosting the kitchen, dining, living area, and a convenient half bath. Enjoy a covered deck for relaxing, dining, and hosting. At the water, a 3-well dock includes 2 slips with boat hoists, 1 slip with a PWC hoist, a swim platform, and a covered...15231 Martingale Rd offers big-lake value on the calm waters of the 8MM of the Gravois Arm with over 164 ft of shoreline and a large outdoor entertaining setup. The home features two upper-level primary suites plus two additional bedrooms, with the lower level hosting the kitchen, dining, living area, and a convenient half bath. Enjoy a covered deck for relaxing, dining, and hosting. At the water, a 3-well dock includes 2 slips with boat hoists, 1 slip with a PWC hoist, a swim platform, and a covered seating area. Bonus: the lakefront lot next door is included—ideal for extra parking, gatherings, or future expansion. Seller is offering a $10,000 credit toward installation of a private well, allowing year-round occupancy.
  1. Listed by ALAN BARBOREK • Keller Williams L.O. Realty • (573) 348-9898

Property Details for 15231 Martingale Road

Architectural Style
OneStory
Waterfront
Yes
Waterfront Features
Cove, Other, LakeFront, Seawall
Parking Features
NoGarage, Open
Subdivision Name
Clearwater
Zoning Description
Residential
View
Yes
LISTING UPDATED: 12/24/2025 10:16 AM

Property Details for 15231 Martingale Road

StatusActive
MLS #3580739
Days on Market97
Taxes$1,940 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached
Year Built1983
Lot Size0.08 AC / 3,484 SF
CountyMorgan County

Location

Listing Courtesy of Keller Williams L.O. Realty
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Building Information for 15231 Martingale Road

Stories1Year Built1983Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$2,963 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,801

Property Taxes

$162

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15231 Martingale Road

Summary
Location and General Information
  • Directions: From Laurie: North on Hwy 5, to right onto Twin Bays Rd. Go almost 1 mile to left on Clear Water Rd. .3 miles to the Y, stay left on Owens St. .25 mile to left on Martingale. House is at the bottom of the hill. Parking is on the left side.
  • Map Coordinate Source: Manual
  • Road Surface Type: Concrete
  • Postal Code: 65037
  • Latitude: 38.305384
  • Longitude: -92.797589
  • MLS Area Major: K
Taxes and HOA Information
  • Parcel Number: 155022200002019001
  • Additional Parcels Description: 155022200002018006
  • Association Fee: $.00
  • Association Fee Includes: None
  • Tax Annual Amount: $1,939.66
  • Tax Legal Description: House: LOT 11 CLEARWATER SECOND ADD 84'X40' IRR; Lot: PRT LOT 32 OWENS BEACH & ADJ TR 80'X54'
  • Tax Year: 2024
School Information
  • Elementary School District: Versailles
  • High School District: Versailles
  • Middle Or Junior School District: Versailles
Parking
  • Garage: No
  • Open Parking: Yes
Virtual Tour
Property
Lot Information
  • Building Area Source: Owner
  • Building Area Total: 1766.0
  • Lot Features: LakeFront, Sloped, Views
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Dimensions: 80'x40' IRR & 80'X54'
  • Lot Size Units: Acres
  • Living Area: 1766.0
  • Living Area Source: Owner
Property and Assessments
  • Possible Use: Residential
  • Year Built: 1983
  • Property Attached: No
  • Property Condition: UpdatedRemodeled
  • Year Built Details: 1983
  • Year Built Effective: 2024
  • Human Modified: Yes
Utilities
  • Sewer: SepticTank
  • Utilities: HighSpeedInternetAvailable
  • Water Source: SharedWell, CommunityCoop
Interior and Exterior Features
Exterior Features
  • Exterior Features: BlacktopDriveway, ConcreteDriveway, Deck
  • Construction Materials: WoodSiding
  • Foundation Details: Basement, Crawlspace, Poured
  • Patio And Porch Features: Covered, Deck
  • Roof: Metal
Interior Features
  • Levels: One
  • Stories: 1
  • Basement: Yes
  • Basement: WalkOutAccess, CrawlSpace
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 4
  • Rooms Total: 0
  • Cooling: Yes
  • Cooling: CentralAir
  • Heating: Yes
  • Heating: Electric, ForcedAir
  • Furnished: Unfurnished
  • Appliances: Microwave, Range, Refrigerator, Stove
  • Fireplace Features: None
  • Fireplace: No
  • Interior Features: CableTv, Unfurnished
Room Information
Room 1
  • Human Modified YN: Yes
  • Room Permission: IDX
Rental
Rental Information
  • Lease Considered: No

Property History for 15231 Martingale Road

DateEvent & SourcePriceAppreciation
Dec 23, 2025

Price Change

Bagnell Dam Association of REALTORS #3580739

$574,750
Dec 23, 2025

Price Change

Bagnell Dam Association of REALTORS #3580739

$575,750
Dec 15, 2025

Price Change

Bagnell Dam Association of REALTORS #3580739

$574,750
Dec 15, 2025

Price Change

Bagnell Dam Association of REALTORS #3580739

$474,750
Sep 30, 2025

Listed (Active)

Bagnell Dam Association of REALTORS #3580739

$575,750
Oct 25, 2018

Expired

Bagnell Dam Association of REALTORS #3504004

$226,900
Apr 26, 2018

Listed (Active)

Bagnell Dam Association of REALTORS #3504004

$249,500
DateEvent & SourcePrice
12/23/2025

Price Change

Bagnell Dam Association of REALTORS #3580739

$574,750
12/23/2025

Price Change

Bagnell Dam Association of REALTORS #3580739

$575,750
12/15/2025

Price Change

Bagnell Dam Association of REALTORS #3580739

$574,750
12/15/2025

Price Change

Bagnell Dam Association of REALTORS #3580739

$474,750
09/30/2025

Listed (Active)

Bagnell Dam Association of REALTORS #3580739

$575,750
10/25/2018

Expired

Bagnell Dam Association of REALTORS #3504004

$226,900
04/26/2018

Listed (Active)

Bagnell Dam Association of REALTORS #3504004

$249,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15231 Martingale Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,852 ($154 / month)
Home Facts
Total Finished SqFt1,766 SqFtAbove Grade Finished SqFt1,766 SqFtStories2StyleDuplexYear Built1970Year Renovated2004CountyMORGANAPN155022200002019001

Schools near 15231 Martingale Road

This home is within Morgan County R-Ii School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Morgan Co. Elementary School
PublicK to 5

Morgan Co. Middle School
Public6 to 8

Morgan Co. High School
Public9 to 12

Morgan Co. South Elementary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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15231 Martingale Road is a single family home for sale in Gravois Mills, MO 65037. This property was listed for sale on September 30, 2025 by Keller Williams L.O. Realty, it's currently listed at $574,750. This listing's school district is Morgan County R-Ii School District. Nearby schools include Morgan Co. Elementary School, Morgan Co. Middle School and Morgan Co. High School. 15231 Martingale Road is a 4-bed, 3-bath, 1,766 sqft single family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams L.O. Realty

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.