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Water-View Land Lot
For Sale
$100,000

27975 S 563 Road, Monkey Island, OK 74331

LAND - Monkey Island, OK

Property SizeContact for details
Lot Size0.25 Acres
Days on Market54

Property Features for 27975 S 563 Road

General Information

Property type Land
Property subtype Other
Zoning RES
Subdivision Deer Valley
Elementary school district Grove - Sch Dist (D3)
Middle school district Grove - Sch Dist (D3)
High school district Grove - Sch Dist (D3)
Directions South on hwy 125, turn left on East 280 Rd, turn left on S 563 Rd, property is the 3rd property on the left.
Standard status Active
APN 210020729
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description DEER VALLEY LOT 5 LESS BEG SW COR LOT 5; SE 86 DEG 153.5'(151.92' PLATTED); NW 80 DEG 156.09'; SE 01 DEG 18' TO POB 2460-347
Tax Annual Amount 548
Legal Description DEER VALLEY LOT 5 LESS BEG SW COR LOT 5; SE 86 DEG 153.5'(151.92' PLATTED); NW 80 DEG 156.09'; SE 01 DEG 18' TO POB 2460-347
Listing Agency: Mogul Realty Inc
Listed By: Adam Johnson
Added: Jul 7 Changed: Jul 8 Last Checked: Aug 29 at 1:06AM
MLS# 2624515

Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Last remaining vacant water‑view lot in the Deer Valley neighborhood on Monkey Island
  • STR‑friendly for Airbnb and VRBO rentals
  • No HOA fees or HOA restrictions reported

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Catering Service Butcher Real Estate Agency Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 74331, OK

6,590
Population
6,183
Households
1.1
Avg Household Size
53
Median Age
21%
College-Educated
90%
High-School Grad
124.1 sq mi
ZIP Area
53
Density / Sq Mi
$58,307
Median Household Income
$35,531
Median Earnings
$884
Median Rent
$180,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Build a custom home or STR on a water-view lot with city water connections and no HOA restrictions.
Where is this waterfront land located?
The property is located at 27975 S 563 Road Monkey Island, OK.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Last remaining vacant water‑view lot in the Deer Valley neighborhood on Monkey Island; STR‑friendly for Airbnb and VRBO rentals; No HOA fees or HOA restrictions reported
More about this property
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