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About This Home

This 7-bedroom, 3-bathroom single family at 56853 E 318 Road in Jay, OK is listed for $599,900 ($170 per sqft). Built in 1968, the home offers 3,520 sqft of living space on a 0.50 acres lot.

Agent Description

Step back in time & soak in some of the BEST views on Grand Lake! This one-of-a-kind lakefront retreat offers an unbeatable combination of space, location, income potential, & nostalgic lake charm at a price that is hard to duplicate. This property is completely original-from the vintage furnishings to the unique floorplan-creating a fun & memorable getaway experience guests absolutely love.

Currently operating as a successful VRBO, the home features 7 bedrooms, 3 bathrooms, plus 3 additional sleeping areas, comfortably accommodating up to 21 guests. With two kitchens, 3 HVAC Units & multiple gathering spaces, there is room for everyone to spread out after a day on the lake.

The layout is definitely unconventional and wonderfully retro. The view & the Boat Dock are where it truly shine Enjoy a private boat dock & breathtaking views across the main channel toward Shangri-La Resort. Located directly next door to Serenity Point Marina, guests have easy access to a ship store, boat rentals, water toys, fuel, & all things lake life-making this an ideal vacation destination & rental opportunity.

Whether you continue using it as a high-performing short-term rental, create the ultimate family lake compound, or renovate over time to make it your own, the possibilities here are endless. The home may be dated, but the views, sleeping capacity, dock, and location are worth a fortune. If you have been searching for affordable lakefront property with massive potential, this is your chance to own a true Grand Lake classic for just 599,900!

Key Features

  • Built in 1968
  • 0.50 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
3 full
1968

Amenities

FireplaceWaterfrontA/C

Monthly Cost Estimate

$3,208/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

56853 E 318 Road

Jay, OK 74346

Features & Amenities

Exterior Features

DockSwim Dock

Property Details

Construction

Frame Siding

Pool Features

PatioDeck

Heating

CentralElectric (Heating)

Cooling

Central AirCeiling Fan(s)

Appliances

CooktopDishwasherElectric OvenWasher/DryerElectric Water Heater

Questions & Answers

This 7-bedroom, 3-bathroom single family at 56853 E 318 Road is listed at $599,900 ($170/sqft). The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.

Key features include: Built in 1968, 0.50 acre lot, Fireplace, Waterfront. Exterior Features: Dock, Swim Dock.

This property is listed by Teresa Poindexter and can be reached at (918) 335-5806 or TeresaPoindexter@kw.com.

TP

Teresa Poindexter

Agent at Keller Williams Realty Grand Lake

(918) 335-5806

Listed by Keller Williams Realty Grand Lake · View on Broker Site

MLS# 26-1211· Source: listhub· Updated 6 days ago

Copyright © 2026 Northeast Oklahoma Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

56853 E 318 Road, Jay, OK 74346

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