Cape Fair is an unincorporated community in Stone County, Missouri, United States. It is located at the southern terminus of Route 173 at Route 76 and located on an arm of Table Rock Lake. The Cape Fair area was originally inhabited by the Delaware Indians. The first pioneer to the area was Frenchman James Yoachum in 1790, who stayed with the Delaware Indians, the areas first inhabitants, for a short time. The first non-native American settlers were John B. Williams, Zachariah Henson and Elijah Todd families who came from Tennessee. They arrived on Christmas Day, 1835 and settled at the mouth of Flat Creek and James River. William T.