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514 Basin Way, Norman, OK, 73069

3beds
3baths
2,760sqft
$589,950
$214price/sqft
$4,249/moest. monthly cost
$169,960/yrincome needed

About This Home

Welcome to this stunning one-story home, designed with both elegance and practicality in mind. Upon entering, you're greeted by a foyer that leads you into the heart of the home. To your left, a spacious office provides the perfect space for productivity or relaxation. To your right you'll discover a cozy media room, ideal for movie nights or quiet evenings in. The open-concept living area seamlessly connects the gourmet kitchen, complete with a central island and modern appliances, to the inviting dining space and comfortable living room. The primary suite offers a luxurious retreat, featuring a spacious bedroom, an en-suite bathroom with dual sinks, a luxurious soaking tub, a separate shower, and a walk-in closet. Two additional bedrooms share a well-appointed bathroom, perfect for family or guests. A unique feature of this home is the utility room conveniently located adjacent to the primary closet, ensuring effortless laundry management. With its thoughtful layout and luxurious amenities, this single-story sanctuary embodies the epitome of modern living. Owner is licensee. O/A

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

7/10
6/10
Longfellow Middle SchoolGrades 6-82.6 mi
9/10
Norman North High SchoolGrades 9-121.7 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Conventional
  • Roof: Composition
  • Construction materials: Brick & Frame

Other

  • Builder name: Landmark Fine Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 2,760
  • Total interior livable area: 2,760 sqft

Property

Details

  • Parcel number: 514NONEBasin73069
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Porch

Lot

  • Lot size: 0.26 Acres
  • Features: Section Line

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Ice Storm
    Ice StormVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Ice Storm
Cold Wave
Hail
Heat Wave
Strong Wind
Tornado
Winter Weather
Drought
Inland Flooding
Lightning

FEMA Declared Disasters in Cleveland County and Oklahoma

Fire
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $2,983$35,796
Home Insurance $609$7,308
Property Taxes $452$5,424
Electricity $205$2,463
Total$4,249$50,988

Income You'd Need if You Spent...

35% on housing$145,680/yr
40% on housing$127,470/yr
45% on housing$113,306/yr

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.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 73069$177
Cleveland County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 73069$170
Cleveland County$152

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

DateEventPrice
2026-04-20Listed for sale$599,950
2025-11-26Sold$112,000

New Construction Spec

AgentDaniel Reeves
BrokerageROI Real Estate LLC

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