87.3 Acres | Private Lake Estate A rare offering just South of Rolla: 87.3 contiguous acres wrapping 4,800 feet of shoreline on Bray Lake, a private 103-acre lake with a custom lakefront home, four distinct lake points, and 1,685 feet of frontage on US Highway 63. The Home was completed in 2024. The 2,707 sqft residence was designed around the water. Five bedrooms, two and a half baths, and 9-foot ceilings on all three levels. The great room opens to a custom kitchen with cabinetry carried to the ceiling and a black walnut island. Multiple 8ft. tall patio doors open onto a covered deck above the lake. Oak hardwood flooring throughout, custom oak stairs, beams, vaulted ceilings, and a wood-burning stove. The build quality goes well beyond typical standards: 9 ft. ceilings throughout, Hardie fiber-cement siding, and Pella Architect Series aluminum-clad windows throughout. Two independent heat-pump forced-air systems and a hybrid heat-pump water heater keep operating costs low. The 1,384 sqft walkout basement is drywalled with 9-foot ceilings, all plumbing and electrical rough-ins are set, and the HVAC is already sized for the future basement finish. A finished bonus room sits above the two-car attached garage. Outside the home: a private dock, gravel beach, roughly 2,000 square feet of concrete patio, covered porch, and an expansive deck facing the water. The Land The acreage runs from highway frontage down through classic Ozark terrain to the water, with four separate lake points offering premium building sites. An improved gravel road, built in 2021, runs the length of the lakeside property. A second access point has been approved by MoDOT off of US-63 if additional access is ever wanted. The land carries genuine development capacity. Both 2026 appraisals identify the highest and best use as multiple lake homesites and commercial potential adjoining US-HWY 63. Details: Private well and septic serving the home. Intercounty Electric, propane gas. FEMA Zone X. An existing billboard lease on the US-63 frontage produces modest annual income and conveys with the property. 2025 real estate taxes: $3,027. Unincorporated Phelps County outside Rolla city limits — no zoning, no restrictions, no HOA. Two independent 2026 appraisals, boundary survey, and full property packet available to qualified buyers. Property may be considered in two parcels: the 11.36-acre home tract and the 75.94-acre balance.
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Rolla
Rolla 31
Phelps
Land
Land
$3,027
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 18868 Maries Highway 63, Unincorporated, MO 65401 | 3/2 | 1,428 | $300,000 | $290,000 96.7% of ask |
Aug 13, 2026 |
| 18670 Maries Road 542, Unincorporated, MO 65401 | 3/2 | 1,722 | $269,900 | $260,000 96.3% of ask |
Jun 18, 2026 |
| 18020 State Route E, Unincorporated, MO 65401 | 0/0 | 1,120 | $129,900 | $120,000 92.4% of ask |
May 29, 2026 |
| 1513 Scenic Drive, Rolla, MO 65401 | 3/2 | 950 | $199,000 | $208,000 104.5% of ask |
May 28, 2026 |
| 5+/- Acres State Highway C, Rolla, MO 65401 | 0/0 | -- | $10,000 | $5,000 50% of ask |
Mar 26, 2026 |
| 1657 Dent County Road 2130, Rolla, MO 65401 | 3/1 | 1,628 | $269,900 | $248,000 91.9% of ask |
Feb 23, 2026 |
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