1 S Pine
About This Property
The centerpiece is a stunning nine-acre lake that sits entirely within the property boundaries, completely private and exclusively yours. This isn't a lot near a public lake or a tract with a creek running through it - this is a nine-acre body of water that belongs to this land alone. Add a separate two-acre pond, beautifully rolling terrain, and a rich mix of open pasture and mature timber, and you have a tract that is genuinely difficult to compare to anything else currently available in central Oklahoma. Paved road frontage on both the east and south sides gives the property exceptional access and flexibility that most Oklahoma lake properties for sale simply cannot offer. The infrastructure is already working in your favor before you ever break ground.
The location seals it. One mile from the heart of historic Guthrie, fifteen minutes to Edmond, and twenty-five minutes to Oklahoma City - you are never far from anything, yet the moment you arrive on this property, the city disappears entirely. For a developer, the dual paved frontage, private water, and metro proximity create a rare and compelling opportunity. For an estate buyer, the rolling lakefront setting offers the kind of backdrop that most people assume requires a much longer drive and a much larger budget. Whether the vision is a signature custom home perched above your own private lake, a premier residential development with exclusive water as its centerpiece, or a legacy family holding within easy reach of the Oklahoma City metro - this tract is ready for it. The land is exceptional. The water is all yours. And the access makes it all possible.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Listed by Metro Mark Realtors | $2,499,000 | |
| Listed by Metro Mark Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017