Active

688 Old Hochatown Road

Broken Bow OK, 74728

$1,900,000


$1,119.62 per sqft

Active

4 Beds

4 Baths

1,697 sqft

Residential

Built in 1978

Listing courtesy of Kelli Haus and with eXp Realty, LLC Listing Contact: 888-560-3964

MOTIVATED SELLER! MAKE AN OFFER! Prime 10 Acre Property in the Heart of Hochatown. Seize the rare chance to own an unrestricted 10-acre property with extraordinary potential in the booming vacation destination and Qualified Opportunity Zone. This prime location, a half mile off Hwy 259 behind Hochatown Saloon on a paved road. Imagine owning a piece of land amidst old-growth hardwoods and towering pines, just half a mile from the shores of Broken Bow Lake and within close proximity to popular attractions like the Choctaw Casino and Safari Park. With an AirDNA investment Market Score of 89 out of 100, Broken Bow/Hochatown ranks in the top 30 of 107 markets as of April 2024, boasting impressive occupancy rates up 6% year-over-year and average revenue up 20% year-over-year. This thriving market outperforms many other vacation destinations across the nation. Whether you envision developing a venue, lodge, glamping campground, RV park, or tiny cabin rental cabins, the possibilities are endless. Alternatively, capitalize on the proximity to Broken Bow Lake and apply for an attraction concession, such as a floating water park in the cove near Beavers Bend Marina--an opportunity that promises to draw visitors from far and wide. Included on the property is a 2-bedroom, 2-bath brick home with a large den, 2-car covered carport, large park-like pavilion, and a storage room. A separate octagon-shaped cottage/pod with a deck and half bath for additional accommodation options. A large 30 x 60 metal drive-through shop with a full bath and kitchenette with ample space for storage. The property is equipped with rural water and two wells, two septic systems, and three electric poles with separate meters, ensuring convenience and functionality. Fiber internet/TV/telephone services are available at the road. Recent upgrades including a new HVAC system, ductwork, roofs on all structures (except the shop), cabinets, stainless steel appliances. Possible partial owner financing.

1111925

MLS ID

May 1, 2024

Listed

October 15, 2024

Updated

Map

688 Old Hochatown Road
Broken Bow OK, 74728

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Fireplace

Yes


Fireplace Description

Wood Burning


Cooling

Yes


Cooling Description

Heat Pump


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

10 Acres


Lot Features

Cul-De-Sac, Backs to Greenbelt/Park, Wooded


Architectual Style

Craftsman


Roof

Composition


Sewer

Septic Tank

School Information

School District

Broken Bow


High School

,Broken Bow HS


Elementary School

,Bennett ES

Other Property Details

Taxes

$970


Tax Frequency

Annually


Days on Market

91


Association Fee Frequency

Yearly


Garage

No


Parking

No Garage


View

No


County

McCurtain


Water Source

Rural, Well


Pool

No


Pool Features

None

Listing History

Date

Event

Price

7/31/2024

Price change

$1,900,000

-14%

6/3/2024

Price change

$2,195,000

-3%

5/12/2024

Price change

$2,250,000

-8%

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