About This Home
This 3-bedroom, 1-bathroom single family at 64487 E 254 Loop in Grove, OK is listed for $1,500,000 ($1,000 per sqft). Built in 2020, the home offers 1,500 sqft of living space on a 2.50 acres lot.
Key Features
- Built in 2020
- 2.50 acre lot
- Waterfront
Property Details
Amenities
King Point Resort - Turnkey Investment Opportunity Discover the potential of King Point Resort, a unique income-producing property offering multiple revenue streams in a beautiful setting on 100 ft. of waterfront. The resort features 20 RV sites, including 10 meters with 50/30-amp electric service, along with RW, 3 gas meters, and 6 septic systems already in place.
There are currently 5 month-to-month tenants, providing immediate rental income. The owner currently pays all utilities. Accommodations include two fully furnished cabins, both operating as Airbnb Superhost rentals. The Savanna Cabin comfortably sleeps four and features a full kitchen, washer, and dryer.
In contrast, the second cabin sleeps two and includes a convenient kitchenette: all interior & exterior furnishings and decor stay. In addition, there is a permanently rented single-wide. The property also includes a remodeled two-story, 1950's home with 3 bedrooms and 1 bathroom, updated in 2022, making it ideal as an owner's residence, a manager's home, or an additional rental opportunity.
Guests and owners will appreciate the private road, private boat ramp, full hookups, and mature fruit trees and landscaping. A new survey is scheduled to be completed soon. As a bonus, buyers are encouraged to confirm with GRDA whether docks can be added, creating even greater recreational appeal and future value. Whether you're looking to expand your investment portfolio or own a turnkey resort with room for future growth, King Point Resort offers endless possibilities.
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
64487 E 254 Loop
Grove, OK 74344
Features & Amenities
Interior Features
Property Details
Views
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 64487 E 254 Loop is listed at $1,500,000 ($1,000/sqft). The estimated monthly payment is $8,023 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2020, 2.50 acre lot, Waterfront. Interior Features: Ceiling Fan(s), Counters - Laminate, Eat-in Kitchen.
This property is listed by Sally Davis and can be reached at 6204292260.
