IRON HORSE RESORT—$845,000.00

3.5 acres, m/l.  Over 500 feet frontage on GRAND LAKE.  Deep, clean water fed by Elk River. 

Directions: 3 miles east of downtown GROVE on Highway 10, thence turn north at Bryant’s Corner Store and go three miles on Highway 10, thence turn east at large IRON HORSE sign and go 1.5 miles east on E. 260 Road.   All highway or blacktop access.  Panoramic views of GRAND LAKE.  Lakefront point, limestone coves on either side.  3,200 sq.ft.  2-story LAKE HOME with full-length patio and custom deck on lakeside, has 4+ bedrooms, 2 & 1/2 baths, huge stone FP, some wood floors, stainless appliances & new custom tile & quartz counters in kitchen, undercounter sink, new heavy-duty Anderson patio doors.  Great for extended family or additional rental unit, as the upstairs of LAKE HOME is a beautiful apartment with interior access (custom spiral staircase) as well as private deck access, with second full kitchen, full bath, living and dining rooms, 2 large bedrooms. LAKEFRONT PERMITTED FOR 3-SLIP COVERED BOAT DOCK AND ADDITIONAL 5-6 BOAT SLIPS.  Lake Home by itself apart from Resort, appraised in December of 2008 for $445,000.00  25900 S. 667 Road.  ALSO:   (1) Approx. 2,400 sq.ft. 2-story like-new RESTAURANT/COMMERCIAL BUILDING with 3 half-baths, beautiful beamed interior with custom paint, designer wallpaper, wood blinds, leather booths & chairs, ready for equipment of choice, has 400 amps electric all in conduit, seats approx. 55 with patio dining; also has 2-room Loft with wood floor, laundry/storage room, storm/wine cellar, three kitchen areas, and abundant parking.  Perfect for catering receptions & meetings;  (2) 8 RV or MOBILE HOME SPACES with 50-amps hookups, septic systems and utilities in place, ready for adding additional rentals/units/RVs or mobiles; (3) 3-BD RENTAL HOUSE; (4) 2 RENTAL BUNGALOWS; and, (5) 2 RENTAL CABINS.  All Rentals are upscale and in immaculate condition, with new paint, flooring, window treatments, appliances, bathroom fixtures, tile, etc..  RENTAL HOUSE, 2 BUNGALOWS AND 2 CABINS CURRENTLY PRODUCING $2,400.00/month on long-term leases; could produce much more in nightly rentals or as Bed and Breakfast.  New blacktop driveways.  City water through Rural Water District.  All electric, all DEQ-approved septic systems.   Resort is two blocks from public launch/ramp/picnic/fishing area.  Owner/Broker.

Mobile home lots across from Resort have first right of refusal option, as each lot comes up for sale.

RESORT WITH GREAT LAKE HOME

Lakefront                                                     

Interior of Restaurant                                        

Interior of a Rental Bungalow                                        

Interior of Restaurant                                        

Lake Home                                                     

1 & 1/2 miles from HIGHWAY 10, which is on formal schedule with OKLAHOMA Dept. of Transportation to be 4-laned in 2012, along with new Cowskin Bridge.  Iron Horse Resort is located 7 miles from Grove on Highway 10.

Historic Cayuga Church nearby