USLakeFront Lake survey & intelligence

$635,000

6823 Marina Dr, Arnolds Park, IA 55955

Sample listing
3
Bedrooms
2
Bathrooms
2,950
Square feet
120 ft
Shoreline
$5,292
Per shoreline ft

Boathouse property with lift and canopy on Lake Okoboji. Roughly 120 feet of owned shoreline on 4.25 acres, with 3 bedrooms across 2,950 square feet. Two-slip covered. Water clarity on Lake Okoboji averages around 18 feet and the lake is classified stable for water level. Dock and shoreline work fall under Iowa DNR. This is a sample listing used to demonstrate the platform.

Features

Guest quartersVaulted ceilingsCovered slipDetached garagePrivate dockLakeside deckBoat lift

Property facts

Property typeCondo Year built1989 Lot size4.25 acres DockTwo-slip covered Water depth at dock4 ft ExposureSouth-facing ViewSunset Annual taxes$8,498 HOA$120/mo Short-term rentalPermitted Listed2026-08-05
$5,773
All-in monthly
$145,490
Cash to close
$17,958
Costs beyond the obvious

Up front

Down payment$127,000
Closing costs (est. 2.4%)$15,240
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$145,490

Every year

Principal & interest$40,148
Property taxes$8,498
Hazard insurance$2,667
Flood insurance$2,400
HOA / POA dues$1,440
Utilities$3,983
Maintenance reserve (1.1%)$6,985
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$720
Total$69,271
Adjust these assumptions →
$5,292
This home / shoreline ft
$2,742
Lake average
$215
Per square foot
Well above the lake average — this property prices at $5,292 per shoreline foot against a lake average near $2,742, a difference of 93%. 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 / year124 Gross revenue$109,783 Lodging tax−$12,076 Management−$19,541 Cleaning & supplies−$21,439 Net operating income$56,726 Against annual carry$-12,545
Model your own →
6.6
Lake score
B
Water grade
1 ft
Drawdown
Level stabilityStable Typical clarity18 ft Dock authorityIowa DNR
Full Lake Okoboji report →
Comparable

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