USLakeFront Lake survey & intelligence

$275,000

164 Marina Dr, Grove, OK 27127

Sample listing
3
Bedrooms
2
Bathrooms
2,550
Square feet
150 ft
Shoreline
$1,833
Per shoreline ft

Sunset-facing lot, dock permit in hand on Grand Lake o' the Cherokees. Roughly 150 feet of owned shoreline on 1.26 acres, with 3 bedrooms across 2,550 square feet. Two-slip covered. 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

Boat liftLakeside deckNew roofOpen floor planRiprap shorelineDetached garageVaulted ceilings

Property facts

Property typeHouse Year built2010 Lot size1.26 acres DockTwo-slip covered Water depth at dock5 ft ExposureEast-facing ViewMain channel Annual taxes$3,666 HOA$250/mo Short-term rentalPermitted Listed2026-08-05
$3,138
All-in monthly
$64,850
Cash to close
$15,198
Costs beyond the obvious

Up front

Down payment$55,000
Closing costs (est. 2.4%)$6,600
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$64,850

Every year

Principal & interest$17,387
Property taxes$3,666
Hazard insurance$1,400
Flood insurance$2,400
HOA / POA dues$3,000
Utilities$3,442
Maintenance reserve (1.1%)$3,025
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$900
Total$37,651
Adjust these assumptions →
$1,833
This home / shoreline ft
$4,559
Lake average
$108
Per square foot
Well below the lake average — this property prices at $1,833 per shoreline foot against a lake average near $4,559, a difference of -60%. 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$20,641 Against annual carry$-17,010
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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