5927 Racoon Rd, Shawnee, Oklahoma, United States | Residential Land For Sale at GLOBAL LISTINGS

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Residential Land For Sale

$3,500,000

5927 Racoon Rd
Shawnee, Oklahoma, United States

Listed By: Realtyww Info

Listed On: 08/27/2024

Listing ID: GL11405303 View More Details

Description

Welcome to Rolling Stone Stables and RV Park, a distinguished investment opportunity spanning approximately 154 acres of picturesque countryside. This expansive property encompasses the thriving RV park and rental homes, complemented by the prestigious Fountain Lake subdivision. The RV park features 40 full hookup lots tailored for horse owners, complete with gravel roads, a shared horse barn, an arena, and riding obstacles. Designed to accommodate both short-term travelers and long-term tenants, the park maintains high occupancy rates and yields over $20, 000 in monthly income with minimal operational costs. Rolling Stone Stables and RV Park includes six meticulously maintained rental homes. These homes range from a custom-built two-story residence offering views of Ellis Lake to a distinctive geodesic dome house with a spiral staircase and central fireplace, and a charming lakeside modular home with a stone fireplace and expansive deck. Each home contributes to the property's robust rental income stream, providing diverse living options amidst the serene backdrop of Ellis Lake. The centerpiece of this offering is the Fountain Lake subdivision, comprising 40 available lots ranging from 2 to 5 acres each. Already platted and ready for development, this subdivision presents an exceptional opportunity to expand and enhance the property. Whether continuing with the original vision of a horse-centric community or exploring alternative residential concepts, each lot offers potential buyers panoramic views and tranquil surroundings in a desirable location. With its blend of income-generating assets, potential for further development, and natural beauty, Rolling Stone Stables and RV Park stands as a prime investment opportunity. Whether you seek to capitalize on the steady rental income, develop homesites in the subdivision, or create a unique equestrian community, this property offers both immediate returns and long-term appreciation potential in a serene setting.

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Listed by: Levi Horner