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    398 Waterfall Ln Watson, OK 74963

    For Sale
    $4,500,000

    Special Purpose - Watson, OK

    Lot size:
    29.91 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 4 at 11:06 pm

    Property Features for 398 Waterfall Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agriculture
    APN
    398NONEWaterfall74963
    Lot size
    29.91 Acres

    Building Details

    Year built
    2002
    Number of units
    7
    Architectural style
    Other

    Sage Realty Partners (405) 748-0405 [email protected]

    Listing agent Shay Mechling (405) 748-0405 License #200476

    Listing date Oct 8, 2025

    MLS# 1150686 Listing URL

    Copyright © 2025 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cabins and Home on 29.91 Acres

    This portfolio features six cabins and a manager's home situated on 29.91 acres within the Ouachita Mountain range, with cabins overlooking the Mountain Fork River. The cabins include Mountain Chalet, a 1-bedroom, 1-bathroom cabin with 670 square feet; Mountain Escape, a 1-bedroom, 1-bathroom cabin with 750 square feet; Bear Cottage, a 2-bedroom, 2-bathroom cabin with 1,100 square feet; Whispering Heights, a 1-bedroom, 1-bathroom cabin with 1,881 square feet; Streamside, a 1-bedroom, 1-bathroom cabin with 576 square feet; and Windsong, a 1-bedroom, 1-bathroom cabin with 720 square feet. The manager’s cabin is a 2-bedroom, 2-bathroom home with 1,664 square feet and a two-car garage. These properties offer the opportunity to purchase the entire collection of properties, including the business.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Watson
    County
    McCurtain
    State
    Oklahoma
    Longitude
    -94.531785
    Latitude
    34.460113

    Nearby Similar for Sale

    • $660,000
      4,005 SF

      Former Bar with Acreage

      Commercial property with bar, apartment, and 77 acres.
      12014 State Highway 4, Watson, OK 74963
      View Details
    • $4,500,000
      7,361 SF

      Cabins and Home on 29 Acres

      Six cabins and a manager's home on 29.91 acres.
      398 Waterfall Ln, Watson, OK 74963
      View Details

    FAQs

    What type of property is this?
    Hotel - Six cabins and a manager's home on 29.91 acres.
    Where is this hotel located?
    The property is located at 398 Waterfall Ln Watson, OK.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Portfolio of six cabins and a manager's home on 29.91 acres.; - Located in the Ouachita Mountain range overlooking the Mountain Fork River.; - Manager's home includes 2 beds, 2 baths, and a two-car garage.
    (405) 748-0405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    398 Waterfall Ln Watson, OK 74963
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