64487 E 254 Loop Grove, OK 74344
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family - Freestanding
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $1,000
MLS Listing ID 263618
Style Other - See Remarks,Cabin
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,500
Year Built 2020
Annual Tax Amount $2,800
Tax Year 2800
Lot Size 2.500 Acres
Acres 2.5
Property Sub-Type Single Family - Freestanding
Source Ozark Gateway Association of REALTORS®
Land Area 1500
Property Description
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 décor 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.
Location
State OK
County Delaware
Direction Off Hwy 10 turn W on 260 and go .3 miles toward King Point Resort, on 650 and follow around to the community
Rooms
Basement Crawl Space
Primary Bedroom Level Main
Living Room Main 14.3 x 7.4
Kitchen Main 14.4 x 4.1 true
Interior
Interior Features Ceiling Fan(s), Counters - Laminate, Eat-in Kitchen
Heating Electric, Multi-Unit
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features None
Fence None
Utilities Available Electricity Available, Cable Available
View Y/N Yes
View View - Lake
Roof Type Metal,Composition
Garage No
Building
Lot Description Fruit Trees, Lake Front, Landscaped, Rural, Steep, Surveyed, Water Front
Building Description Other - See Remarks, County Tax Records
Foundation Block, Concrete Wall (Poured)
Sewer Sewer - Septic
Architectural Style Other - See Remarks, Cabin
Structure Type Other - See Remarks
Schools
School District Grove
NEARBY SCHOOL & BUSINESS
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