65338 Homes under $500,000

Welcome to Lincoln, Missouri, a charming small town nestled in Benton County, where the zip code 65338 offers a delightful blend of rural tranquility and community spirit. Known for its picturesque landscapes and friendly atmosphere, Lincoln is the perfect place for those seeking a peaceful lifestyle without sacrificing modern conveniences.

Homes in this area are not only affordable but also offer exceptional value, with many options available under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Lincoln's real estate market has something for everyone. From cozy single-family homes to spacious properties with ample yard space, you can find the ideal residence that meets your needs and budget.

The community of Lincoln prides itself on its strong sense of belonging, where neighbors become friends and local events bring everyone together. Enjoy the beauty of nature with nearby parks and recreational areas, perfect for outdoor enthusiasts and families alike. With easy access to nearby towns and cities, residents can enjoy the calm of small-town living while still being close to urban amenities.

In Lincoln, you'll find not just a house, but a place to call home. Embrace the opportunity to invest in your future with a property in this welcoming community. Explore the homes available under $500,000 and discover the charm and warmth of Lincoln, MO, where your dream home awaits!

Newest 65338 Homes under $500,000

$204,900

2 Beds ⋅ 1 Baths

Adorable and fully renovated lake home on the 77-mile marker of Lake of the Ozarks! This charming 2-bedroom, 1-bath property has been completely updated inside and out, featuring a stylish kitchen with all appliances included, fresh paint, new fixtures, and modern finishes throughout. Enjoy your own private dock with a 2-well slip perfect for easy lake access and entertaining. The home also offers a large detached two-car outbuilding, great for storage or lake toys. Currently used as a vacation rental, this home sits right next door to another available property an incredible opportunity to own two side-by-side lake homes for family, friends, or an investment compound. Located on nearly year-round water with a convenient commute from Kansas City, this is the lake life you’ve been waiting for!

28253 W Cove Drive, Lincoln

Listing courtesy of Richey Real Estate Group of Real Broker, LLC-MO.

$414,900

3 Beds ⋅ 3 Baths

Discover your dream lake retreat on the 77-mile marker of Lake of the Ozarks! This all-brick two-story home sits on nearly a half-acre lot with year-round water views and a private dock featuring one well and a party space that can easily convert back to a two-well slip. The main floor has been fully renovated with a spacious kitchen, open living area, primary suite, second bedroom, and two full baths. The lower level offers additional living space, a large bedroom, and flex area that can be used as you wish. Enjoy decks on both levels, all-new paint, fixtures, flooring, cabinets, and appliances-95% remodeled and move-in ready. Easy commute from Kansas City makes this the perfect weekend escape or full-time lake home! Bonus: the adjoining property next door is also for sale ideal for owning two homes side by side for vacation rentals or a family compound.

28247 W Cove Drive, Lincoln

Listing courtesy of Richey Real Estate Group of Real Broker, LLC-MO.

$150,000

2 Beds ⋅ 1 Baths

Updated 2-bedroom, 1-bath lake cottage offering low-maintenance waterfront living just a 2-hour drive from Kansas City. Recent improvements include new roof, new exterior paint and deck stain, new decking on the pier, new water heater, updated plumbing and water pump, new LVP flooring throughout, and new kitchen countertops. Large windows throughout provide abundant natural light. Private pier with 5± ft. of cove depth, ideal for boating, fishing, and swimming. Wood-paneled living and dining area, classic kitchen with modern updates, and a shaded outdoor patio complete this move-in-ready retreat. Bidding Ends September 17, 1 PM. Contact Cates Auction & Real Estate for More Information!

28329 W Cove Drive, Lincoln

Listing courtesy of Alex Forster of Cates Auction & Realty Co Inc.

$489,900

5 Beds ⋅ 2 Baths

This is your chance to own your dream home (5 bedrooms and 2 bathrooms) on Lake of the Ozarks on MM 73 and approx. 240' of lake front!! So many features you'll love and updates made by the seller including: new HVAC in 2025, new hot water heater in 2025, complete remodel in 2013 including the brand new formal living room addition and added two bedrooms, the mini splits were added in 2013, new driveways in 2013, the lift added in 2013 and custom cabinetry added in 2013. Relax outside- watching the boats go by on your dock with 2 slips and 1 lift. Outdoor space is everything with large patio, firepit and gorgeous property!! The home will be sold furnished. This one is a must see on your list!!! Drone photos coming soon!

33096 Canopy Lane, Lincoln

Listing courtesy of Darcy Roach of Homes by Darcy LLC.

$174,500

5 Beds ⋅ 3 Baths

Spacious 5-bedroom, 3-bath home offering approximately 2,792 sq ft, built in 2005 and situated on about 3 acres in a quiet rural setting near Lincoln, MO. The property provides ample space both inside and out, with room for entertaining, storage, or future improvements. Ideal for buyers looking for privacy and land, this home offers strong potential with a little TLC. Selling as-is.

30035 Highway AB Highway, Lincoln

Listing courtesy of Harrison Hughes of Homebound Realty LLC.

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