About This Home

This 4-bedroom, 3-bathroom single family at 1505 S Park Drive in Broken Bow, OK is listed for $497,500 ($237 per sqft). Built in 1946, the home offers 2,100 sqft of living space on a 1.81 acres lot.

Key Features

  • Built in 1946
  • 1.81 acre lot
  • Fireplace

Property Details

3 full
1946

Amenities

FireplaceSpa
Listing Description

2-ACRE ROCK HOME WITH INCOME & EXPANSION POTENTIAL. A hidden gem with the potential to become part of a much larger investment opportunity. Situated on 2 acres in a strategic Broken Bow location, this distinctive rock home offers an exciting combination of residential living, income potential, additional accommodations and future development possibilities-all directly adjacent to a prime 1-acre highway commercial tract that is also available.

The partially remodeled rock home offers the character and solid presence that is increasingly difficult to find, with potential for up to 4 bedrooms. Whether you're looking for a primary residence, investment property, live-work opportunity or a property with room to expand, this tract offers flexibility that is hard to duplicate.

THE BONUS: A PRIVATE 1-BEDROOM APARTMENT Located at the rear of the property is a separate 1-bedroom apartment, creating an immediate opportunity for additional living space, guest accommodations, extended-family housing or potential rental income. And then there's the outdoor setup...

YOUR OWN ENTERTAINMENT DESTINATION The property features a fully equipped outdoor deck with fireplace and outdoor kitchen setup, creating an incredible gathering space for entertaining, relaxing or enjoying the Oklahoma outdoors -this property offers amenities that make it feel like much more than an ordinary home.

THE BIGGER OPPORTUNITY The real potential may be what sits directly in front of it. The approximately 1-acre highway-frontage commercial property adjoining/in front of this tract is also available, creating a unique opportunity for a buyer who wants to think bigger.

A buyer could potentially acquire the residential acreage along with the highway commercial tract-and potentially additional acreage that may be available-to create a larger multi-acre investment holding. The location is here. The opportunity is here. Bring your vision and unlock the potential. Call Today!

Monthly Cost Estimate

$2,661/mo

20% down · 6.5% · 30 years

Principal$360
Interest$2,156
Insurance$145

Estimates only. Actual payments may vary.

Location

1505 S Park Drive

Broken Bow, OK 74728

Features & Amenities

Exterior Features

Fire PitOutdoor GrillSpa/Hot Tub

Property Details

Construction

Frame Stone

Outdoor Features

Deck

Heating

Electric (Heating)

Cooling

Electric

Questions & Answers

This 4-bedroom, 3-bathroom single family at 1505 S Park Drive is listed at $497,500 ($237/sqft). The estimated monthly payment is $2,661 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 1.81 acre lot, Fireplace. Exterior Features: Fire Pit, Outdoor Grill, Spa/Hot Tub.

This property is listed by Jeanette Bohanan.

JB

Jeanette Bohanan

Agent at Hochatown Real Estate

Listed by Hochatown Real Estate · Broker phone: (580) 494-3330 · View on Broker Site · Broker website

MLS# 1245128· Source: MLSOK, Inc.· 88 days on PropertySimple

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1505 S Park Drive, Broken Bow, OK 74728

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