• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of The Agency- MLS# 2547892MLS Provider

31990 S 624 PlaceGrove, OK 74344

Vacant Land · 3.21 Acres
$1,325,000 Active

31990 S 624 Place Overview

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Incredible Investment Opportunity at Meghan Coves on Grand Lake! Discover this exceptional property in the highly desirable, gated Meghan Coves community on Grand Lake in Grove, OK. Known for its beautiful water views and resort-style amenities, Meghan Coves offers the perfect blend of relaxation and recreation—making this a standout investment with multiple income streams already in place. This unique package includes 23 vacant lots, 4 townhome development sections, and 4 storage unit sections—two of which are already built, fully leased, and producing proven rental income. With strong demand in this thriving lake community, the remaining sections offer substantial upside for expansion, development, or long-term hold. Residents of Meghan Coves enjoy access to premium amenities Residents of Meghan Coves enjoy access to premium amenities such as lakefront gathering areas, walking paths, swimming pool, clubhouse, tennis/pickleball, and easy Grand Lake accesskeeping occupancy and desirability high year-round. Whether you're looking to build, develop, or capitalize on existing income, this property is a rare chance to own a large portion of one of Grand Lake's most charming and established communities. A prime opportunity for builders, investors, or anyone seeking scalable lakefront income property!

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31990 S 624 Place Facts & Features

  • Type Vacant Land
  • Lot 3.21 Acres

Details

General

Association/HOA

  • Association: true

Distance to Services

  • Distance To Water Comments: Less than 1 Mile

School Information

  • School District: Grove - Sch Dist (D3)

Listing Information

  • Contingency: 0

Location/Region

  • County Or Parish: Delaware
  • Postal City: Grove
  • Subdivision Name: Meghan Coves

Community/Development

  • Community Features: Clubhouse,Fitness,Fees Required,Gated,Playground,Pool,Recreation Area,Tennis Court(s)

Tax Information

  • Tax Annual Amount: 2546.0
  • Tax Year: 2024

General Information

  • Listing Terms: Owner Will Carry,Other
  • Property Sub Type: Residential
  • Property Type: Land

Interior

General Information

  • Security Features: Security Gate

Exterior

Lot Information

  • Additional Parcels: false
  • Lot Features: Resort Property
  • Lot Size Acres: 3.214
  • Lot Size Area: 3.214
  • Lot Size Square Feet: 140000.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Vegetation: Partially Wooded
  • Water Source: Public

Waterfront/View

  • Water Body Name: Grand Lake
  • Waterfront Features: Boat Ramp/Lift Access,Cove,Lake,River Access,Water Access
  • Waterfront: false

General Information

  • Fencing: Electric,Pipe
  • Other Structures: Other
  • Pool Features: Community
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Other,Phone Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

31990 S 624 Place Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

31990 S 624 Place Market Data

Based on the last 30 days in this zip code

$495,798
Average List Price
$226
Average Price per Square Foot
7
Properties Sold
107
Average Days on Market
309
Properties for Sale
Calculations provided by Reliance Network


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