RARE LAKE EUFAULA INVESTMENT OPPORTUNITY!
Located less than one minute from Nichols Point Boat Ramp, this property offers one of Lake Eufaula's most desirable locations—outside the city limits in an unincorporated area, yet in the center of Lake Eufaula's boating and recreation corridor. Launch your boat and within minutes you're cruising the lake's primary boating channel with quick access to Eufaula Cove, Nine Marina, waterfront restaurants, popular sandbars, sandy beaches, and some of Oklahoma's best fishing.
This fully developed 5-acre property includes two residences currently configured as Airbnb/VRBO vacation rentals, featuring a brand-new one-bedroom cabin and a fully renovated manufactured home with new water lines. Whether you're searching for a turn-key investment, family retreat, or personal lake getaway, this property offers exceptional flexibility.
The infrastructure has already been completed with three 200-amp electrical services with security lighting, two septic systems, a main water line serving the property with two installed water meters, established gravel roads, and extensive site improvements.
Each residence has its own full-hookup RV site with water, sewer, and electric. A third 200-amp RV electrical pedestal is already installed for future expansion (electric service only), creating even more possibilities for future use.
The property has been professionally pin surveyed and subsequently surveyed into seven individual tracts, allowing the next owner to maintain the property as one exceptional five-acre investment or explore future development opportunities, subject to applicable regulations.
Properties this close to Nichols Point—with two residences, two full-hookup RV sites, expansion potential, and this level of infrastructure—rarely become available. Don't just buy lake property...own one of Lake Eufaula's most versatile investment opportunities.
For sale
$395,000
418251 E 1201st Rd, Eufaula, OK 74432
3beds
1,600sqft
Mobile Home
Built in 2026
3.12 Acres Lot
$383,500 Zestimate®
$247/sqft
$-- HOA
What's special
Brand-new one-bedroom cabinTwo full-hookup rv sitesFully renovated manufactured homeExtensive site improvementsEstablished gravel roadsNew water lines
- 47 days
- 61
- 4
Zillow last checked:
Listing updated:
Listed by:
Nick Henson 405-292-4775,
Capitol Realty, LLC
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1242976
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Deck
- Exterior features: Fire Pit
- Waterfront features: Lake
Lot
- Size: 3.12 Acres
- Features: Interior Lot
Details
- Parcel number: 418251E120174432
- Special conditions: None
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Other
- Property subtype: Mobile Home
Materials
- Aluminum Siding, Frame
- Foundation: Combination
- Roof: Metal
Condition
- Year built: 2026
Community & HOA
Location
- Region: Eufaula
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $34,999
- Annual tax amount: $337
- Date on market: 8/10/2026
- Listing terms: Cash,Conventional
Estimated market value
$383,500
$364,000 - $403,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $395,000+618.2%$247/sqft |
Source: | ||
| 4/13/2023 | Sold | $55,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $337 +0.3% | $3,850 |
| 2024 | $336 +269.2% | $3,850 +253.2% |
| 2023 | $91 -38.9% | $1,090 -39.1% |
| 2022 | $149 -0.7% | $1,791 |
| 2021 | $150 +9.9% | $1,791 +10.2% |
| 2020 | $136 +4.2% | $1,625 |
| 2019 | $131 | $1,625 +5% |
| 2018 | $131 +6.5% | $1,547 +10.2% |
| 2017 | $123 +5.1% | $1,404 +5% |
| 2016 | $117 +11.3% | $1,337 +5% |
| 2015 | $105 +5.6% | $1,273 +4.9% |
| 2014 | $100 | $1,213 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 74432
Nearby schools
Schools provided by the listing agent
- Elementary: Eufaula ES
- Middle: Eufaula MS
- High: Eufaula 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.




