Rare Water-View Lot on Monkey Island STR Friendly, No HOA Don’t miss this rare opportunity to own the last remaining vacant water-view lot in the highly desirable Deer Valley neighborhood on Monkey Island. Located at 27975 S 563 Rd, Monkey Island, OK 74331, this lot offers beautiful lake-area views and an ideal setting for a custom vacation home, full-time residence, or income-producing short-term rental. Airbnb and VRBO rentals are welcome, and there are no HOA fees, giving buyers added flexibility and long-term value. The property was recently part of a major infrastructure project that brought city water connections to multiple lots, removing the need to rely on the old shared well system. This is a major improvement for future building plans and adds convenience for the next owner. The location is hard to beat. The lot is within walking or golf-cart distance to Terra Miranda and sits near the beginning of the popular Monkey Island Trail a 7-mile golf-cart-friendly route that connects Terra Miranda Resort to Shangri-La Resort. This well-known Monkey Island route passes by several iconic lake destinations, including Shebangs, Big Shots, and all the dining, golf, marina, arcade, and resort amenities that Shangri-La Resort has to offer. Whether you are looking to build a lake getaway, investment property, or personal retreat, this lot offers a rare combination of water views, city water access, no HOA restrictions, STR-friendly use, and one of the best lifestyle locations on Monkey Island.
| MLS # | 2624515 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 44 |
| Listing Provided By | Mogul Realty Inc | Adam Johnson |
| Zoning | RES |
|---|---|
| Acreage | 0.25 |
| Water Front | Yes |
| Lot Features | Lake Front |
|---|
| Tax Annual Amount | 548 |
|---|
| State | OK |
|---|---|
| County | Delaware |
| City | Monkey Island |
| Zip Code | 74331 |
| Community Name | Deer Valley |
| Listing VS Median (in Deer Valley) | |
Price: $100,000 low | high Med: $0 On site: 44 low | high Med: | |
| State | OK |
|---|---|
| County | Delaware |
| City | Monkey Island |
| Zip Code | 74331 |
| Community Name | Deer Valley |
| Listing VS Median (in Deer Valley) | |
Price: $100,000 low | high Med: $0 On site: 44 low | high Med: | |