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    1 Dogwood Ln Afton, OK 74331

    For Sale
    $1,200,000

    Income-producing marina, lakefront home, & lots

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional Grand Lake property offers a unique investment opportunity. Situated on approximately 1.25 acres in a desirable deep-water cove on Monkey Island, the property includes a 41-slip marina, generating immediate income potential. The marina's location provides excellent access to the lake's recreational activities. Further development opportunities exist on the substantial acreage. A stunning 5,000 square foot home, boasting six bedrooms and six bathrooms, is also available. This luxurious residence offers breathtaking water views and is conveniently located steps from the marina. Its VRBO-friendly nature presents additional income potential. Two additional waterfront lots, each offering picturesque lake views, are also available for purchase. This comprehensive package presents a rare chance to acquire a thriving business, a luxurious home, and prime lakefront land, either as a complete portfolio or individually. The property's combination of established income streams and development potential makes it an attractive proposition for investors and lake enthusiasts alike. The existing infrastructure and prime location provide a solid foundation for continued success and growth. Don't miss this chance to own a piece of Grand Lake paradise. The asking price for the marina is $1,200,000. The home is priced at $849,900, and the two additional lots are listed at $149,900 each.

    Property Features for 1 Dogwood Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    54,450 SF

    Building Details

    Year Built
    1985
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Clothing Store Gym & Fitness Hotel & Motel Skin Care Clinic Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Afton
    County
    Delaware
    State
    Oklahoma
    Longitude
    -94.96095
    Latitude
    36.53219

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    FAQs

    What type of property is this?
    Commercial real estate - Income-producing marina, lakefront home, & lots
    Where is this commercial real estate located?
    The property is located at 1 Dogwood Ln Afton, OK.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (918) 782-3211
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1 Dogwood Ln Afton, OK 74331
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