USLakeFront Lake survey & intelligence

$575,000

6928 Waters Edge, Grove, OK 82930

Sample listing
3
Bedrooms
4
Bathrooms
3,450
Square feet
80 ft
Shoreline
$7,188
Per shoreline ft

Boathouse property with lift and canopy on Grand Lake o' the Cherokees. Roughly 80 feet of owned shoreline on 1.46 acres, with 3 bedrooms across 3,450 square feet. Permitted, not built. Water clarity on Grand Lake o' the Cherokees averages around 6 feet and the lake is classified managed for water level. Dock and shoreline work fall under Grand River Dam Authority. This is a sample listing used to demonstrate the platform.

Features

Riprap shorelineMetal roofWhole-house generatorNew seawallIrrigation from lakeTwo-slip dockCovered slip

Property facts

Property typeCabin Year built1964 Lot size1.46 acres DockPermitted, not built Water depth at dock13 ft ExposureSouth-facing ViewPanoramic Annual taxes$5,233 HOA$0/mo Short-term rentalVerify locally Listed2026-08-05
$5,025
All-in monthly
$132,050
Cash to close
$16,292
Costs beyond the obvious

Up front

Down payment$115,000
Closing costs (est. 2.4%)$13,800
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$132,050

Every year

Principal & interest$36,355
Property taxes$5,233
Hazard insurance$2,415
Flood insurance$2,400
Utilities$4,658
Maintenance reserve (1.1%)$6,325
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$480
Total$60,295
Adjust these assumptions →
$7,188
This home / shoreline ft
$4,559
Lake average
$167
Per square foot
Well above the lake average — this property prices at $7,188 per shoreline foot against a lake average near $4,559, a difference of 58%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year108 Gross revenue$45,342 Lodging tax−$4,988 Management−$8,071 Cleaning & supplies−$11,643 Net operating income$20,641 Against annual carry$-39,655
Model your own →
5.2
Lake score
D
Water grade
5 ft
Drawdown
Level stabilityManaged Typical clarity6 ft Dock authorityGrand River Dam Authority
Full Grand Lake o' the Cherokees report →
Comparable

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