Osage National Building Lots Online Auction: 91 Single Family Lots Offered in 8 Groups | Lake of the Ozarks, MO (Property A)

Excellent Single Family Lots On and Around Osage National Golf Course For Sale at Auction with Low Published Reserves!

Buy one or more groups! Lots have modern utilities and include some of the best golf course & private sites in the popular Osage National Resort. Sizes range from .286 to 1.095 acres; some without reserve! See map & grouping list for full details.

Began: 04/05/18 at 2:00 PM CDT
Ended: 05/16/18 at 2:00 PM CDT

Attention: Builders and Developers! This is an unprecedented opportunity to purchase inventory of single family building lots in the vibrant Osage National Golf Resort. Gorgeous homes, including some new and current construction can be seen throughout the well-known development. A total of 91 lots are being offered in 8 groups. Please see the complete list of lots with details for each and a color-coded map for reference under the “Documents” tab.

  • Group 1: 16 lots. Last list prices total = $774,000. Auction reserve = $200,000
  • Group 2: 10 lots. Last list prices total = $521,000. Auction reserve = $120,000
  • Group 3:   8 lots. Last list prices total = $472,000. Auction reserve =   $95,000
  • Group 4: 14 lots. Last list prices total = $538,000. Auction reserve = $110,000
  • Group 5: 10 lots. Last list prices total = $411,000. Auction reserve =   $80,000
  • Group 6: 12 lots. Last list prices total = $380,000. Auction reserve =   $95,000
  • Group 7: 11 lots. Last list prices total = $401,000. Auction reserve =   $90,000
  • Group 8: 10 lots. Partially developed. No auction reserve! (See corrected map & listing 5/15)

Fast Facts:

  • 91 total lots available in 8 groups
  • Groups contain from 8 to 16 lots each
  • Lot sizes range from .286 to 1.095 acres
  • Sites include golf course, infill and complete streets
  • Groups have low published reserves (one group with no reserve)
  • A portion of the lots have 7 years left on a NID* (See list for detail)
  • Annual HOA assessment on unbuilt lots = $500/lot
  • All bidding is taking place online
  • Online bidding is open and will end May 16, 2018

*Neighborhood Improvement District: Some of the lots in this sale are in a 20-year NID which originated in 2005. The annual assessment is $1104.18. Affected lots are indicated on the detailed lot/group listing (under “Documents” tab).

Auctioneer’s Note: These lots are part of a larger sale of high quality development land and lots at auction, in and around the popular Osage National Golf Resort development. Our seller, an established Cates Auction client, is committed to selling everything and has set reserves well below market value on all these excellent properties. Look through all the materials and visit the sites, then log on and bid your prices!

Auction Information Center: In addition to complete details on this website, full auction information is available in the Auction Information Center located in the lobby of the Osage National Golf Clubhouse. Additionally, auction staff will be onsite at the Auction Information Center on April 18 & May 2 from 11:00 to 1:00.

Two Ways to Buy!

  1. Bid in the auction. All bidding will take place online and will end on May 16th.
  2. Make a pre-auction offer. Subject to all auction terms and conditions. Call Ray at 816-695-2163 for details.

The Osage National Community… Osage National is a 350-lot residential golf course development in Lake Ozark, Miller County, Missouri. Based around Missouri’s only Arnold Palmer Signature golf course (27 holes), amenities include a full-service club house with restaurant and bar, swimming pool, and more. It is ideally situated on the northeast side of the Lake of the Ozarks area near many of the region’s new and planned commercial construction projects.

Lake of the Ozarks… A Vibrant Region with a National Draw.

Located equidistant from Kansas City and St. Louis, Missouri, the Lake of the Ozarks was created in 1931 by the damming of the Osage River and resulted in one of the largest and most beautiful man-made lakes in the world. Surrounded by the Ozark Mountains, the Lake is notable for 1,150 miles of shoreline. Sustained population growth over the years supports the significant development of the region as a major second home market and strong tourist/vacation destination. The east side of the lake in particular has seen tremendous real estate development of all types. Interstate access exists in all directions, primarily via Highway 54 which links the various Lake communities and has seen the most extensive development in the region. Osage National Golf Resort is located on Highway 54 in the northeast area of the Lake.




Proper and complete online registration is required to bid. All bidders must provide name, address, phone number, and email address to register. A credit card (MC, Visa or Discover) is required to actually place a bid on the property. The credit card will be validated before bidding access is granted, but is not a recognized form of payment of the deposit or purchase price. Should a Winning Bidder fail to complete the contract signing process, the required deposit will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Bidders may register prior to, or during the bidding period. At registration bidders are given the option of receiving emails confirming their individual bids and/or when they are outbid.



All bidding in this auction is being conducted online. (If you need assistance placing a bid or prefer to submit a bid in person, please call our office for assistance. 816-781-1134) To place a bid, bidders enter their “maximum” bid and click the “Place Bid” button. Each time that bidder is outbid by another bidder, the system will automatically bid on their behalf at the established bid increments up to their maximum. In the case of an auction with a reserve, if the max bid amount entered is less than the reserve, the system will place the bid at the max amount. Once the system displays that the reserve has been met, then it will advance the bid (by the bid increments) only when the bidder is outbid by another bidder, up to the bidders max. The Auctioneer does not know any bidder’s maximum bid.  The system will not advance a bidder’s own bid. Online-only auctions utilize the “Soft Close” feature that automatically extends the bidding time if a bid is received in the last 2 minutes of the published bidding period. The extensions will continue until 2 minutes have lapsed without any bidding activity, at which time the auction is concluded.



A buyer’s premium of ten percent (10%) of the high bid shall be added to that bid and included in the total purchase price to be paid by the successful bidder(s).

Sample calculation —   High bid                      =          $50,000

                                    Buyer’s Premium        =          $  5,000  (10% of 50,000)

                                    Total purchase price    =          $55,000



Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction.



At the conclusion of the auction the Winning Bidder will receive an email and/or phone call confirming his or her winning bid status. In this or a subsequent email the Winning Bidder will receive a link to sign all documents electronically along with wiring instructions for submitting the required earnest money deposit to the named title company.

Should the electronic processes described above be unavailable, alternative arrangements will be made. In any event, the contract signing and deposit payment process must be completed by noon on the day following the auction conclusion. A Winning Bidder whose documents and deposit are not received within the required timeframe is subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events. Note that property-specific purchase documents are available prior to the auction end date and any professional reviews of such documents should be undertaken PRIOR to bidding. All final bids are subject to Seller’s reserve, unless advertised otherwise. Any property with a high bid exceeding the Seller’s reserve will be declared “sold” by the Auctioneer. In instances where the seller’s reserve was not met in the auction, the signed contract and accompanying deposit will be presented to the Seller for approval, which shall be given or denied in the Seller’s sole discretion within 5 business days. If approval is denied, all documents and the deposit will be returned immediately.



The Winning Bidder shall be required to make an earnest money down payment equal to five percent (5%) of the total purchase price.  This deposit must be received by wire transfer (or by certified funds), by close of business the day following the bidder being declared the Winning Bidder. Winning Bidders whose documents and deposit are not received within the required timeframe are subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events.



The Winning Bidder shall close within 45 days of the auction date, unless stated differently in the Purchase Agreement.



Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a general warranty deed conveying the real estate to the buyer(s).



2018 taxes are to be prorated as of the closing date.



Sale of said property is subject to any and all easements of record and any and all leases.



Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.



A commission of 3% of the high bid (unless a different percentage is stated in the property’s MLS listing) will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction end date.



The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it.  All sketches and dimensions are approximate.  No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement.  The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). This property is available for and subject to sale prior to auction.



As exclusive agents for the Seller, the Auctioneer has a fiduciary obligation to present any and all offers to the Seller. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all auction terms and be submitted to the Auctioneer on the Real Estate Sale Contract along with the required deposit. Properly submitted offers will be presented to the Seller, who may accept or reject such offer in their sole and absolute discretion.

We hope you enjoy bidding in the online auction!


Video: Osage National Lots & Land Auction

Directions to AUCTION INFO CENTER: From US HWY 54 Northbound, go east on Isleworth Ave. (approx. 9/10 mile north of Osage River Bridge), to Osage Hills Rd., east to Osage River Bridge Rd., north to Clubhouse.  From Southbound US HWY 54, turn east at Osage Hills Rd., follow Osage Hills Rd approx. 1.5 mi. to Osage River Bridge Rd., north on Osage River Bridge Rd to clubhouse.

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We are Kansas City's oldest and most experienced real estate auction company specializing in accelerated real estate sales in Missouri and Kansas, including Overland Park, Lenexa, Shawnee, Leawood, Kansas City, Lee's Summit, Olathe, Blue Springs, Independence, Liberty, Kearney, Parkville, Smithville, Gladstone, Clay County, Platte County, Jackson County, Johnson County, Wyandotte County, Leavenworth County, Cass County, Lake of the Ozarks, Lake Ozark, Sunrise Beach, Osage Beach, Four Seasons, Shawnee Bend, Miller County, Camden County, and around the Midwest. Kansas City auctioneers with regional expertise!