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Executive Summary

https://www.flexmls.com/share/EMrnR/64487-E-254-Loop-Grove-OK-74344
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Property Facts

Price $1,300,000
Sale Type Investment
Sale Conditions
Distress Sale
  • Business Value Included
Property Type Specialty
Building Class B
Lot Size 3.99 AC
No. Stories 2
Year Built/Renovated 1950/2020
Zoning commercial

About 64487 E 254 LOOP , GROVE, OK 74344

King Point Resort - Turnkey Investment Opportunity Discover the potential of King Point Resort, a unique income-producing property offering multiple revenue streams in a beautiful setting on 188 ft. of waterfront with a fishing dock, boat, and slip. The resort features 20 RV sites, including 10 meters with 50/30-amp electric service, along with RW, 3 gas meters, and 6 septic systems already in place. There are currently 5 month-to-month tenants, providing immediate rental income. The owner currently pays all utilities. Accommodations include two fully furnished cabins, both operating as Airbnb Superhost rentals. The Savanna Cabin comfortably sleeps four and features a full kitchen, washer, and dryer. In contrast, the second cabin sleeps two and includes a convenient kitchenette: all interior & exterior furnishings and décor stay. The 3rd cabin, waterfront, is the owners' and will be empty, but sleeps 2, and a 4th cabin that is not finished out. In addition, there is a single-wide that is renting a lot. The property also includes a rented two-story home with 3 bedrooms and 1 bathroom, updated in 2022, making it ideal as an owner's residence, a manager's home, or an additional rental opportunity. Guests and owners will appreciate the private road, private boat ramp, and full hookups. Whether you're looking to expand your investment portfolio or own a turnkey resort with room for future growth, King Point Resort is it.

Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
0026966
Land Assessment
$11,531
Improvements Assessment
$20,703
Total Assessment
$32,234
  • Listing ID: 41236316

  • Date on Market: 7/10/2026

  • Last Updated:

  • Address: 64487 E 254 Loop, Grove, OK 74344

Contact the Sale Advisor

64487 E 254 Loop - King Point Resort

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