$1,148,000

For sale

332 E••••• Highland Ave (Sign up for 50 free credits to unlock)Eufaula, OK 74432

7Beds
5Baths
4,704Sq Ft Living
42,079Sq Ft Lot
2010Year Built

Property Description

Large-scale waterfront investment property with strong rental history and expansion opportunity! Situated on nearly 1 acre and offered fully furnished, this 7-bedroom, 5-bath property delivers proven short-term rental performance of up to $80,000/year. The home offers two living areas, multiple sleeping configurations, a game room, a safe room, and amenities designed to accommodate really large groups. Outdoor amenities include a relaxing hot tub, gazebo, and stunning multi-level deck with panoramic lake views that enhance the guest experience. Dock-approved shoreline allows for application for a private dock permit, adding rental appeal and long-term value. In addition to the main residence, the property includes a second build-ready waterfront lot with utilities in place, ideal for adding another home, increasing rental capacity, or setting up for additional RV parking. The home site also includes four additional storage buildings plus a gazebo stage, ideal for hosting gatherings and events. No HOA provides maximum flexibility for short-term rental use or expansion, which is increasingly hard to find within waterfront lake communities. Recent upgrades include a new aerobic septic system and tankless water heater to support a houseful of guests. Convenient highway access, 3 minutes to Oak Ridge boat ramp, and easy access to town. This setting captures expansive lake views that compete with higher priced areas nearby. Step into this high-capacity, income-producing Lake Eufaula rental with immediate cash flow. Rental data available.

Property Facts & Features

Property Type
Single Family
Status
Active
Listed
May 6, 2026
Price per Sq Ft
$244/sqft
ZIP Code
74432

Location

Lat 35.21109 · Lng -95.60043