55275 E 298th Rd #5, Afton, OK, 74331
About This Home
NEW PRICE! LUXURY LAKE LIVING! Welcome to 55276 E 298 Road no. 5, an exceptional new construction home located in the exclusive West Bay Shore gated lakeside community on Monkey Island. Set on nearly 3/4 acre, this rare, oversized property offers privacy, flexibility, and endless possibilities for future expansion. This beautifully designed 5 bedroom, 3 bathroom residence is thoughtfully furnished and crafted with modern natural wood and stone finishes with attention to detail throughout. The property includes a 12'x32' private boat slip in the community dock, providing effortless access to Grand Lake and elevating the true lake lifestyle experience. The expansive lot allows ample room to add guest quarters, a secondary home, oversized garage, workshop, or man cave, making it ideal.. multigenerational living, or enhancing long term value. Out door living space is abundant and plenty of room to create a custom oasis. Located just minutes from the world class Shangri La Resort, Marina, Golf and Racket Club, this boutique lakefront community features only 5 residential homesites, offering a rare blend of exclusivity and tranquility. Whether as a full time residence, luxury vacation retreat, or investment opportunity, this property delivers exceptional versatility and Grand Lake luxury. Schedule your private showing today and experience the unmatched lifestyle this remarkable property offers!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Foundation: Slab
- Construction materials: Other,Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Water Purifier Owned,Water Softener Owned,Microwave,Refrigerator,Electric Water Heater,Disposal
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 2,830
- Total interior livable area: 2,830 sqft
Property
Details
- Parcel number: 210094247
- Zoning: Rural Res
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Boat Slip
- Waterfront features: Lake Access
Lot
- Lot size: 0.75 Acres
- Features: Title Insurance,Abstract
- Lot size dimensions: 32670
Parking
- Parking features: Garage Door Opener
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Ice Storm
- Heat Wave
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Hail
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Delaware County and Oklahoma
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,571 | $54,852 |
| Home Insurance | $698 | $8,376 |
| Property Taxes | $384 | $4,608 |
| Electricity | $210 | $2,526 |
| Total | $5,863 | $70,356 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Price change | $949,000 |
| 2026-02-05 | Price change | $969,000 |
| 2026-01-08 | Listed for sale | $975,000 |
| 2026-01-01 | Listing removed | $975,000 |
| 2025-06-04 | Listed for sale | $975,000 |
| 2025-04-12 | Listing removed | $944,000 |
| 2025-04-11 | Price change | $944,000 |
| 2025-04-03 | Price change | $994,000 |
| 2024-10-14 | Listed for sale | $999,000 |
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