Development Land Grove, OK Grand Lake of the CherokeesSaturday, June 20th, 2009
We offer several tracts of land for development from single waterfront lots for your custom home to larger acreages for a multi home development on Grand Lake in Northeast Oklahoma. You will find great subcontractors to work with you on a development in this area. Our land nor homes did not get over inflated in value the past several years and have not taken the hit in price both coasts have experienced. Grove, the largest city on the lake has a new Integris Grove Hospital under construction that will be complete by the end of 2009. This is a developer friendly area to come to.
The tract I would like to feature today is just outside the Grove city limits at the south edge. It has city water and gas at the property. Northeast Oklahoma Electric Coop service is at the property. The Grove sewer is only .2 mile away and easements to run to the property are in place as well as city approval to hook on to. This site is 3 acres with 970′ of waterfront shoreline in a slight teared up terrian. The site would be perfect for condo development. We have a feasibility study showing 48 condo’s in 4 story height would fit perfectly on the property. We also have GRDA permits for 48 boat slips in place. Our feasibility study also shows 14 single family homes as an option. The land has had a phase 1 and 2 inspection and all old stuctures removed. It is ready to go. This property is offered thru RE/MAX Grand Lake Hughes & Neill team at $1,250,000. Next to this property is an additional 6 acres that could also be purchased and tied into a larger development of single family homes utilizing all 48 boat slips. Grand Lake is ready for a moderate priced waterfront development close to Grove.
We also have 18.98 acres about 15 miles outside of Grove on blacktop road with 919′ of waterfront. This land has rolling terrian with huge oaks and pine trees. It is offered at $450,000.
We offer a waterfront lot with an ocean view just outside of Grove at the end of a blacktop road in an area of new homes for $350,000. Another waterfront lot in Patricia Island Estates, the only waterfront available in this upscale golf and lake community is offered at $275,000. The first acreage and the last two lots in this article are broker owned. The 18.98 acre tract is owned by a private association and offered thru RE/MAX Grand Lake.