27975 S 563 Road Monkey Island, OK 74331

This is a vacant water-view land lot on Monkey Island, offered as the last remaining undeveloped water-view parcel in the Deer Valley neighborhood. The property supports a custom vacation home, full-time residence, or short-term rental use, with Airbnb and VRBO rentals described as welcome. The seller notes there are no HOA fees, providing flexibility for how the lot is built and managed. City water connections were recently brought to multiple lots as part of a major infrastructure project, replacing reliance on an older shared well system.

The lot is located at 27975 S 563 Road in Monkey Island, Oklahoma. It is described as within walking or golf-cart distance of Terra Miranda, and near the beginning of the Monkey Island Trail, a 7-mile golf-cart-friendly route connecting Terra Miranda Resort to Shangri-La Resort. The trail is described as passing several lake-area destinations and amenities associated with Shangri-La Resort, including dining, golf, marina, arcade, and resort offerings.

For buyers seeking a lake-based build site, this parcel’s combination of water views, city water access, and no HOA restrictions is intended to support a range of plans, from a personal retreat to an STR-focused build. It may also appeal to those looking to avoid shared-well dependence while developing on Monkey Island.