Blank canvas: Whether you're dreaming of a custom-built home, vacation cabin, farming venture, or just private land-holding, vacant lots offer unmatched creative flexibility. No restrictive covenants: Several listings boast no HOA or zoning restrictions, making them ideal for everything from tiny homes to hunting retreats or RVs. Versailles and nearby Morgan County boast serene landscapes—rolling hills, wooded tracts, and proximity to the Lake of the Ozarks—perfect for outdoor living.