USLakeFront Lake survey & intelligence

$730,000

5184 Anchor Bay Rd, Arnolds Park, IA 90900

Sample listing
5
Bedrooms
2
Bathrooms
4,100
Square feet
120 ft
Shoreline
$6,083
Per shoreline ft

Gentle-slope frontage with sandy bottom on Lake Okoboji. Roughly 120 feet of owned shoreline on 3.75 acres, with 5 bedrooms across 4,100 square feet. Covered boathouse. 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

Irrigation from lakeLakeside deckWhole-house generatorOpen floor planBoathouseDetached garage

Property facts

Property typeCabin Year built1962 Lot size3.75 acres DockCovered boathouse Water depth at dock8 ft ExposureEast-facing ViewWide open water Annual taxes$5,546 HOA$45/mo Short-term rentalPermitted Listed2026-08-05
$6,202
All-in monthly
$166,770
Cash to close
$19,655
Costs beyond the obvious

Up front

Down payment$146,000
Closing costs (est. 2.4%)$17,520
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$166,770

Every year

Principal & interest$46,155
Property taxes$5,546
Hazard insurance$3,066
Flood insurance$2,400
HOA / POA dues$540
Utilities$5,535
Maintenance reserve (1.1%)$8,030
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$720
Total$74,422
Adjust these assumptions →
$6,083
This home / shoreline ft
$2,742
Lake average
$178
Per square foot
Well above the lake average — this property prices at $6,083 per shoreline foot against a lake average near $2,742, a difference of 122%. 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$56,726 Against annual carry$-17,696
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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