26302 State Hwy 125 , Afton, OK 74331 (Delaware County)

Size: 82 Acres

Type: Undeveloped Land, Commercial Property, Hunting Property

Echo Bay Villas Phase 1

HUGE PRICE REDUCTION!!! REDUCED $100,000 MOTIVATED SELLERS

Echo Bay Villas Phase 1 +/- 82 Acres Owned by the seller in Total With 49 Acres Platted into 43 Owned Lots totaling +/- 38 Acres planned for Residential Development and +/-33 Acres as a bulk acreage parcel, and the remaining +/- 11 Acres being taken in by the road network across the property, with the potential for Additional Land Available for purchase.

The price for all remaining acreage is $742,500.

The price for the Development lots (not including lots 1-7) is $495,000.

Echo Bay Villas is located just North of Monkey Island and boasts over 5,000 ft of frontage along Hwy 125.

This property is primed for development and would be an excellent investment for anyone looking for a solid Return on Investment over time.

Most of the work has already been completed with a Force main Septic System, Water, and Underground Elect...

Most of the work has already been completed with a Force main Septic System, Water, and Underground Electric installed and servicing all platted lots! Previous owners spent over $650,000 implementing these improvements before selling the property to the current owners. Also in place are fire hydrants, streetlights, cut roads, and many more items necessary for residential development.

The current owners have rezoned the lots as agriculture in order to decrease annual tax costs, but lots can be easily rezoned to residential through the county.

Location is key with this development being situated just off Monkey Island and within minutes of Shangri-La Resort this is a common destination area for summer travelers and would make a great development combination of Single-Family Permanent Residences with the ability to implement RV/Camping Lots along the Southern Parcels with walking access to Grand Lake. Close proximity to St. Francis Health Center lends the property toward establishing a senior living center or +55 neighborhood.

Surrounding Businesses Include:

- St. Francis affiliated Clinic

- 2 Retail Strip Centers

- Dollar General

- 2 Restaurants

- 2 Gas Stations

- Butcher Shop

- Deli.

Shangri-La is six miles away with a 36-hole golf course, restaurant, and hotel.

Cherokee Casino Grove 2.5 miles away at the corner of Hwy 59 & Rd 250.

There are approximately 4,000 cars per weekend which is great for the commercial piece of the property.

Commercial business ideas for the approximate 5,150 feet of Hwy frontage not counting the 7 previously platted commercial lots:

- Boat/RV Storage

- Physical Therapy

- Dentist

- Pharmacy

- Dry Cleaner/Laundry

- Storage units

- Medical Marijuana Grow/Processing/Retail Facility

- Tiny House Community

- RV Park

- Car Wash/Boat Wash There are over 100 fishing tournaments per year and after each tournament boats are required to be washed to not spread contaminants from one lake to another.

- Additional Eateries

Hydrology Study shows there is more than enough capacity at Grand Lake PWD to service the needs of all lots.

For more information or to Schedule a Showing Contact Jacob Barnes 918-238-7380.

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