Pelican Drive An Iconic 26MM Development Opportunity! Private Island + Mainland Acreage. Positioned in the heart of the 26MM corridor, this rare 4.3-acre private island with nearly half a mile of shoreline is paired with two additional mainland parcels totaling approximately 10 acres and 850 feet of shoreline, creating one of the most visible and versatile waterfront holdings at Lake of the Ozarks. Located directly across from Margaritaville and minutes from Osage Beach's most active boating destinations, this property sits in high-traffic waters with constant exposure and year-round activity. City water and sewer are available for hook up. Docking has previously received Ameren approval. The combination of utility access, shoreline scale, and premier positioning makes this an exceptional candidate for a boat-up restaurant, boutique resort, private club, luxury event venue, or legacy waterfront estate. One of only a handful of undeveloped private islands remaining on the entire lake. This is not just land. It is a strategic investment in one of the Midwest's most visited recreational markets. Opportunities like this are no longer being created. They are being claimed.