27557 Ridge Road, Washington, OK

$4,600,000

4 Beds
Baths
2,890 Sqft
23.38 Acres
2 Garages

Property being sold as Commercial and AS-IS. The possibilities are endless with this property. Situated in a growing area with I35 frontage, just off Ladd Rd exit, and the possibility of more on/off ramp as I35 expands. Spanning 23.38 acres, it encompasses a 2890 sq ft house built in 1975 with multiple structures including two barns. Zoned IP with established utilities, it offers flexibility. Additionally, it features an owned billboard that can generate up to $1100/month in revenue and receives $500/month in dividends from Lamar for the lease of the other billboard. Currently, the owner resides in the house, operating an equestrian business. There's ample opportunity to repurpose the house for commercial use, adding to the property's potential. 8 minutes south of Norman.

Essential Information
MLS® #1101523
Price$4,600,000
Bathrooms
Square Footage2,890
Acres23.38
Year Built1975
TypeResidential
Sub-TypeSingle Family Residence
StyleOther
StatusActive
Community Information
Address27557 Ridge Road
Subdivisionunplatted
CityWashington
CountyMcClain
StateOK
Zip Code73093
Amenities
ParkingCarport
PoolNone
Utilities

Electricity Available, High Speed Internet Available, Municipal Utilities

Interior
HeatingCentral, Electric
CoolingCentral Air
FireplaceYes
# of Fireplaces2
FireplacesMasonry
# of Levels2
LevelsTwo
Exterior
Lot DescriptionPasture
RoofMetal
ConstructionFrame
FoundationSlab
School Information
DistrictWashington
ElementaryWashington ES
MiddleWashington MS
HighWashington HS
Additional Information
Date ListedMarch 7th, 2024
Days on Market50
HOA Fees Freq.Annually
Listing Details
AgentNiki Mcclain
OfficeCollection 7 Realty
Property History
Price Reduced from $4,800,000 to $4,600,000
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