5232 W Cove Drive | MLS #1218606

Listing provided courtesy of One Broker Place LLCOklahoma City MLSMLS# 1218606

Contact Information: 405-533-3800

Excellent investment opportunity on 1.35 acres with direct adjacency to Keystone Lake. This 3 bedroom, 2 bathroom home offers strong upside for the right buyer—whether you’re looking to renovate, flip, or hold as a long-term rental or lake getaway. The structure has solid bones but will need updates and repairs, giving investors the freedom to add value and customize to their strategy. The acreage, privacy, and lake access make this property a rare find in a high-demand recreational area. Property is being sold as-is, where-is.

Source: Oklahoma City MLS, MLS#: 1218606

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Property Type

Residential
Lot

1.35 acres

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Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* 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 5232 W Cove Drive

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
6/12/2026Source: Stillwater MLS	Price Reduction	$195,800 -12.9%
3/11/2026Source: Stillwater MLS	Added to Database	March 11, 2026