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35565 S 4490 Rd 50 Acres of Commercial Land Offered at $8,000,000 in Afton, OK 74331



Investment Highlights
- Expansive 50-acre lakefront property located on south Grand Lake in "Party Cove" with approximately 3,000 feet of shoreline.
- A total of about 103 acres with over 4,000 feet of shoreline are available.
- Addition shoreline and acreage is available on the Ketcum Cove Side.
- Offers flexible development potential or personal use, with open hayfield acreage, proximity to Pelican Point, and the ability to subdivide.
Executive Summary
This exceptional offering encompasses approximately 50 acres of contiguous lakefront land with more than 3,000 feet of shoreline situated on the coveted South End of Grand Lake. Located on “Party Cove,” just across from The Points development and only one hour from Tulsa, the property benefits from outstanding accessibility while maintaining privacy and natural beauty. Positioned near the tri-county intersection of Delaware, Craig, and Mayes Counties—just one mile east and one mile south of Ketchum—this location offers direct access to one of Oklahoma’s most vibrant recreational corridors.
The land features a mix of open hay meadow and shoreline, currently supporting hay production with the option for continuation under new ownership. This balance of open terrain and waterfront makes it highly attractive for residential, recreational, or mixed-use concepts.
Flexible divisibility into larger parcels further enhances development prospects, there are a total of about 103 acres with around 4,000 feet of shorline available. With proximity to recognized developments like Pelican Point and abundant shoreline frontage, this portfolio appeals to investors and end-users seeking both near-term utility and long-term value.
PLEASE NOTE: Only the "Deck Tract 1" tract is available on the photo map and only Tract 2 is available on tract map provided. (they are the same)
The land features a mix of open hay meadow and shoreline, currently supporting hay production with the option for continuation under new ownership. This balance of open terrain and waterfront makes it highly attractive for residential, recreational, or mixed-use concepts.
Flexible divisibility into larger parcels further enhances development prospects, there are a total of about 103 acres with around 4,000 feet of shorline available. With proximity to recognized developments like Pelican Point and abundant shoreline frontage, this portfolio appeals to investors and end-users seeking both near-term utility and long-term value.
PLEASE NOTE: Only the "Deck Tract 1" tract is available on the photo map and only Tract 2 is available on tract map provided. (they are the same)
Property Facts
| Price | $8,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 50.00 AC |
| Price | $8,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 50.00 AC |
1 Lot Available
Lot
| Price | $8,000,000 | Lot Size | 50.00 AC |
| Price Per AC | $160,000.00 |
| Price | $8,000,000 |
| Price Per AC | $160,000.00 |
| Lot Size | 50.00 AC |
Refer to the aerial map and Tract map below This includes over 3,000 feet of shoreline on Party Cove.
Description
Property consists of approximately 50 acres on the South End of Grand Lake with about 3,000 feet of shoreline. It is located in Mayes County near Ketchum, Oklahoma, within proximity to the tri-county border of Delaware, Craig, and Mayes Counties. Current use includes hayfield production, which can continue under new ownership. Additional acreage available, up to 103 acres with over 4,000 feet of shoreline.
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0000-01-23N-21E-1-003-00 | Improvements Assessment | $11,840 |
| Land Assessment | $2,071 | Total Assessment | $13,911 |
Property Taxes
Parcel Number
0000-01-23N-21E-1-003-00
Land Assessment
$2,071
Improvements Assessment
$11,840
Total Assessment
$13,911
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35565 S 4490 Rd
