Buy Land on Grand Lake in Your Retirement AccountMonday, September 15th, 2008
if you are like many these days and don’t trust the stock market, raw land on Grand Lake in Northeast Oklahoma might be an investment to look at. I cannot offer tax advise and you should talk to your personal accountant about this, but I have read articles about people investing their retirement money in raw land.
We have development land on Grand Lake that would be well suited for medium or long term holding in a retirement account. You could purchase a lot in The Coves, The Preserve, or Patricia Island Estates and have a great home site at retirement or hold for an investment subject to your accountant’s and IRS approval. Land in the Zena area of Grand Lake is not as developed and can be bought cheaper now in larger tracts and this land should appreciate very well over next ten years. We list 07-3388 18.98 Acres for $450,000. List 07-3389 is 6.29 Acres for $240,000. 07-3391 is 3.21 Acres for $175,000. All three of these are waterfront and in a very scenic area of Grand Lake.
List 08-106 is a Grove, OK in town, waterfront lot with boat slip for $189,900. This Buffalo Shores North lot is a good buy in a very nice development.
Patricia Island Estates building lots can be bought from $27,500 to $65,000 depending on size and location of lot.
Fall is a great time to buy property at the lake for the best deals available. Call Aaron Hughes at 918 801-5645 or Joe Neill at 918 640-3300 for more information on Grand Lake property. We are the Grand Lake Team at RE/MAX Grand Lake in Grove, OK. You can find great listings under our featured listings button at this site. You can also search the entire MLS at it’s button. Call us, we know and sell the entire Grand Lake region.