5148 N Us Highway 259Broken Bow, OK 74728Price: $10,350,000

Crystal Lake Ranch is a prime investment and development property located near the heart of Broken Bow. With high visibility, access to utilities, and valuable road frontage, this property has substantial potential for many different improvement options. The 3 luxury homes feature common architectural designs for this area and currently serve as the foundation for a high-demand wedding venue and rental business. A portion of the property is platted for 1-2 acre lots with a section of unimproved acreage on Hwy 259 that includes 450+ feet of frontage. A one-of-a-kind opportunity to acquire a turn-key asset with options for growth and enhancement as well as sleeping accommodations for up to 82 guests. Location This property is conveniently located 4 miles north of Broken Bow and 4 miles south of Hochatown on the east side of Hwy 259. Approximately 3 hrs from Dallas or Tulsa and 3.5 hrs from Oklahoma City. The Arkansas border is only 16 miles east of this area. The neighbors to the east and south are undeveloped properties that create a good buffer of privacy. Improvements The “Clubhouse” is the largest home boasting 7,286 SF of entertaining space, 7 bedrooms, 8 bathrooms, and amenities for hosting large events. This home was constructed in 2023 and situated for full enjoyment of the property with sweeping views of Broken Bow's natural landscape. A generous amount of indoor and outdoor space in every aspect of this home is perfect for weddings, gatherings, reunions, and retreats. This massive 2-story residence can accommodate up to 40 overnight guests with many exclusive features, including a king master suite. An attractive 5,500 SF of covered deck space with an additional 3,200 SF lakefront concrete patio. See property website for more details. Contact broker for square footage information.