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    68438 Eagle Creek Dr Smithville, OK 74957

    For Sale
    $3,500,000

    13-Cabin Resort, 40 Acres

    Property size:
    600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 40-acre property in Smithville, Oklahoma, presents a unique investment opportunity. The retreat boasts 13 one-bedroom, one-bathroom cabins, each designed for comfort and serenity, blending rustic charm with modern amenities. Additional accommodations include a lodge, a mobile home, and an RV spot, providing ample space for guests. The property is zoned R1 and features a total of 13 buildings, all single-story structures, with a total square footage ranging from 600 to 928 square feet. Built in 1995, this established business is ideally situated for a peaceful getaway, yet conveniently located near attractions such as Choctaw Landing Casino (30 minutes), Beavers Bend State Park (40 minutes), and the Talimena Scenic Drive (15 minutes). The charming town of Hochatown, offering dining and shopping, is also just 30 minutes away. The asking price is $3,500,000, representing a land value of $5,000 per acre. This turnkey operation offers significant potential for continued growth and profitability in a highly desirable location. The property is an owner/user investment, providing a blend of income generation and personal enjoyment.

    Property Features for 68438 Eagle Creek Dr

    General Information

    Property type
    Hospitality properties
    Square Feet
    600 SF
    Lot Size
    1,742,400 SF

    Building Details

    Year Built
    1995
    Buildings
    13
    Stories
    1

    HighLights

    • $3,500,000 asking price for a 13‑cabin hospitality property in Smithville, OK.
    • 13 one‑bedroom, one‑bathroom cabins totaling 600‑928 square feet.
    • Located on a 40‑acre lot in Le Flore County, OK, with a land value of $5,000/acre.
    • Includes additional amenities such as a lodge and RV spot.
    • Year built 1995, R1 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithville
    County
    Le Flore
    State
    Oklahoma
    Longitude
    -94.704514
    Latitude
    34.530142

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    Nearby Similar for Sale

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      Mountain Ranch Investment Opportunity

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    FAQs

    What type of property is this?
    Hospitality property - 13-Cabin Resort, 40 Acres
    Where is this hospitality property located?
    The property is located at 68438 Eagle Creek Dr Smithville, OK.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: $3,500,000 asking price for a 13-cabin hospitality property in Smithville, OK.; 13 one-bedroom, one-bathroom cabins totaling 600-928 square feet.; Located on a 40-acre lot in Le Flore County, OK, with a land value of $5,000/acre.
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    Smithville, OK 74957
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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
    68438 Eagle Creek Dr Smithville, OK 74957
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