Listing provided courtesy of Keller Williams Realty EliteOklahoma City MLSMLS# 1213791MLS ProviderContact Information: 405-948-7500
  • 129 days on site
  • 6 views

Another $40,000 price improvement! Now $474,900 - One of OKC's rarest 2.16 acre opportunities just became even more compelling! Just blocks from the State Capitol and the growing Capitol/Medical District, Zoned R-1 single family, this property offers one of the largest remaining parcels in the area — a unique opportunity for those seeking a site with history, scale, and future potential. The property includes a 1910 farmhouse with garage and shop, both with electricity. While the home reflects the character of a pioneer homestead, the value here lies in the land itself. With the city built up around it, the setting blends mature trees, open acreage, and proximity to the core of OKC. Recent improvements include structural work on the residence and a newer roof and upstairs HVAC. The home is not on historic preservation rolls, leaving flexibility for future vision. With direct access to major corridors and close proximity to downtown, OU Health, and the Innovation District, this site offers location, scale, and possibilities that are rarely available. Whether your vision is a private estate, a long-term investment, or a new project in one of the city’s most strategic locations, this property represents a legacy opportunity. Acreage of this size in the heart of Oklahoma City is a rare find. The 1910 farmhouse remains on site, though the value is in the land itself. Please note: property condition may limit financing options.

Source: Oklahoma City MLS, MLS#: 1213791

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  • Property Type
    Residential
  • Lot
    2.16 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2501 N Walnut Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: Oklahoma City MLS Price Reduction
$474,900 -7.8%
4/21/2026Source: Oklahoma City MLS Price Reduction
$514,900 -1.9%
2/21/2026Source: Oklahoma City MLS Added to Database
February 21, 2026