Shepherd's Creek Homestead: Luxury Farmhouse on 5.65 Acres in Newcastle, OK
Discover one of the most distinctive Newcastle homes available — a 2,646-square-foot luxury modern farmhouse set on 5.65 private acres in McClain County, just minutes from Norman, Blanchard, and OKC. This Newcastle acreage property blends custom craftsmanship with everyday comfort: rich woodwork throughout, a natural brick fireplace wrapped in shiplap, and an open floor plan built for both quiet evenings and full-house entertaining.
The kitchen is complemented by a spacious butler's pantry, while the primary suite offers a true retreat with custom tile, a soaking tub, and convenient utility-to-closet access. A separate mudroom adds everyday function. With four bedrooms — or three and a dedicated office — and 2.5 bathrooms, the layout adapts easily to family life, remote work, or hosting guests. Upstairs, a 289sf bonus room with its own mini-split HVAC system adds flexible space for recreation, hobbies, or an additional office. An oversized three-car garage and whole-home Generac generator round out the main residence.
Beyond the main house, a detached garage and workshop houses a 750-square-foot apartment with one bedroom, a flexible office/second bedroom, spray-foam insulation, and separate 200-amp electrical service with its own meter. An oversized septic system supports both residences. Currently leased, it's a rare property with an income-producing apartment, also perfect for guest accommodations.
Outside, wooded and cleared acreage offer room to garden, roam, and relax. A large front porch, gas fire pit, and garden space create ideal spots to unwind — true Newcastle country living near Oklahoma City. For buyers seeking a luxury acreage home in McClain County with craftsmanship, flexibility, and rental income potential, Shepherd's Creek Homestead is not to be missed.
Main Home is 2646sf - 4 bed, 2.5 baths, bonus room. Detached apartment 750sf, 1 bed, 1 office/bed, 1 bath.
For sale
$725,000
1940 SE 7th St, Newcastle, OK 73065
4beds
2,646sqft
Single Family Residence
Built in 2024
5.65 Acres Lot
$706,200 Zestimate®
$274/sqft
$-- HOA
What's special
Gas fire pitConvenient utility-to-closet accessLarge front porchDetached garage and workshopOversized three-car garageRich woodwork throughout
- 34 days
- 792
- 70
Zillow last checked:
Listing updated:
Listed by:
James Briscoe 405-203-5370,
Keller Williams Realty Elite
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1241317
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Disposal, Water Heater, Free-Standing Gas Oven, Free-Standing Gas Range
Features
- Combo Woodwork, Paint Woodwork, Stained Wood
- Flooring: Combination, Carpet, Laminate, Tile
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 2,646
- Total interior livable area: 2,646 sqft
Property
Parking
- Total spaces: 5
- Parking features: Concrete
- Garage spaces: 5
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5.65 Acres
- Features: Cul-De-Sac, Rural, Wooded
Details
- Additional structures: Accessory Dwelling Unit
- Parcel number: 1940SE7th73065
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick & Frame, Masonry Vaneer
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2024
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: High Speed Internet
Community & HOA
Location
- Region: Newcastle
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $542,677
- Annual tax amount: $6,859
- Date on market: 9/18/2026
- Listing terms: Cash,Conventional,Sell FHA or VA
- Electric utility on property: Yes
Estimated market value
$706,200
$671,000 - $742,000
$2,495/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $725,000+590.5%$274/sqft |
Source: | ||
| 5/31/2022 | Sold | $105,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,859 +339.1% | $59,695 +338.2% |
| 2024 | $1,562 -44.1% | $13,623 -43.1% |
| 2023 | $2,793 +1672.9% | $23,937 +1653.6% |
| 2022 | $158 +0% | $1,365 +5% |
| 2021 | $158 +4.6% | $1,300 +5% |
| 2020 | $151 +3.5% | $1,238 +5% |
| 2019 | $146 +11.7% | $1,179 +10.2% |
| 2017 | $130 +5% | $1,070 +5% |
| 2016 | $124 +5% | $1,019 +5.1% |
| 2015 | $118 +6.4% | $970 +5% |
| 2014 | $111 +6.9% | $924 +5% |
| 2013 | $104 -1.1% | $880 |
| 2012 | $105 +1.2% | $880 |
| 2011 | $104 | $880 |
| 2010 | -- | $880 |
| 2009 | -- | $880 |
| 2008 | -- | $880 |
| 2007 | -- | $880 |
| 2006 | -- | $880 |
| 2005 | $88 -5% | $880 |
| 2003 | $92 | $880 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 73065
Nearby schools
Schools provided by the listing agent
- Elementary: Newcastle ES
- Middle: Newcastle MS
- High: Newcastle HS
Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



