About This Home

This 3-bedroom, 1-bathroom single family at 64487 E 254 Loop in Grove, OK is listed for $1,000,000 ($667 per sqft). Built in 2020, the home offers 1,500 sqft of living space on a 3.99 acres lot.

Key Features

  • Built in 2020
  • 3.99 acre lot
  • Waterfront

Property Details

1 full
2020

Amenities

WaterfrontViewA/C
Listing Description

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 188 ft. of waterfront with a fishing dock, boat, and slip. 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. The 3rd cabin, waterfront, is the owners' and will be empty, but sleeps 2, and a 4th cabin that is not finished out. In addition, there is a single-wide that is renting a lot.

The property also includes a rented two-story 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, and full hookups. Whether you're looking to expand your investment portfolio or own a turnkey resort with room for future growth, King Point Resort is it.

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

64487 E 254 Loop

Grove, OK 74344

Features & Amenities

Interior Features

Ceiling Fan(s)Counters - LaminateEat-in Kitchen

Property Details

Views

Lake

Heating

Electric (Heating)

Cooling

Window Unit(s)

Appliances

WasherRefrigeratorRange - ElectricDryer

Questions & Answers

This 3-bedroom, 1-bathroom single family at 64487 E 254 Loop is listed at $1,000,000 ($667/sqft). The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2020, 3.99 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.

SD

Sally Davis

License BR00232545-Ok 184829-Mo 2022036181

Agent at DAVIS REAL ESTATE

(620) 429-2260

Listed by DAVIS REAL ESTATE · Broker phone: (620) 429-2260 · View on Broker Site

MLS# 263618· Source: Ozark Gateway Association of Realtors· 74 days on PropertySimple

Copyright © 2026 Ozark Gateway Association 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.

64487 E 254 Loop, Grove, OK 74344

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