5
Beds
Beds
5
Baths
Baths
3,066
Sq. Ft.
Sq. Ft.
Woodland Hills PH II
MLS® # 1114490
688 Old Hochatown Road, Broken Bow, OK
$2,250,000
4 Beds
4 Baths
1,697 Sqft
10 Acres
0 Garages
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 in the kitchen. AS IS. Possible partial owner financing.
Essential Information
MLS® #1111925
Price$2,250,000
Bathrooms4
Square Footage1,697
Acres10.00
Year Built1978
TypeResidential
Sub-TypeSingle Family Residence
StyleCraftsman
StatusActive
Community Information
Address688 Old Hochatown Road
Subdivisionunplatted
CityBroken Bow
CountyMcCurtain
StateOK
Zip Code74728
Amenities
ParkingNo Garage
PoolNone
Utilities
Electricity Available, Septic Available, Propane, Water Available
Interior
HeatingCentral, Electric
CoolingHeat Pump
FireplaceYes
# of Fireplaces1
FireplacesWood Burning
# of Levels1
LevelsOne
Exterior
RoofComposition
ConstructionBrick, Frame
FoundationSlab
Lot Description
Backs to Greenbelt/Park, Cul-De-Sac, Wooded
School Information
DistrictBroken Bow
ElementaryBennett ES
MiddleRector Johnson MS
HighBroken Bow HS
Additional Information
Date ListedMay 1st, 2024
Days on Market15
HOA Fees Freq.Annually
Listing Details
AgentKelli Haus
OfficeeXp Realty, LLC
Property History
Price Reduced from $2,444,000 to $2,250,000
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