247 E Lake Rd, Medicine Park, OK, 73557
About This Home
Prominently standing in the heart of Medicine Park, this stunning 3-bed, 1,800-square-foot home with inviting living space sits on a premium 6,757 sq ft lot, within strolling distance of the highly sought-after Medicine Park downtown area. Inside, you'll find a welcoming respite from your day, illuminated by tons of natural light Open the finely crafted double wooden doors to the huge master bedroom and wake-up to the awe-inspiring splendors of nature. The 30-foot vaulted ceiling invites your imagination and creativity to run wild! Nestle yourself around the impressive cobblestone wood-burning fireplace spanning the entire height of the marvelous living area. Perhaps the most stunning feature of this property is the large, expansive deck, idea! for your morning coffee, evening grilling, or simply relaxing under the beautiful Oklahoma sky. Conveniently located mere steps away from hiking and biking trails, creating the perfect setting for cozy evenings after a day of exploring. The owner is offering a transferable 2.75% interest rate to the right buyer, potentially saving you thousands! Whether you are searching for a full-time residence, weekend escape, or income-producing vacation rental, this property offers the perfect blend of comfort, location, and appeal. There is a $15,000 concession for painting, repairs, etc.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: As Is
- Year built: 2012
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Wood/Frame
Other
- Builder name: K. Landers
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric,Freestanding Stove,Vent Hood,Dishwasher,Washer,Wine Refrigerator,Ice Maker,Electric Water Heater
- Laundry features: Washer Hookup,Dryer Hookup,Utility Room
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Separate,Living/Dining
Features
- Pantry,Vaulted Ceiling(s),Granite Counters,Two Living Areas
- Door features: Storm Door(s)
- Window features: Double Pane Windows
- Flooring: Ceramic Tile,Carpet,Hardwood
- Fireplace features: Interior
- Fireplace: Yes
- Attic: Floored
Heating & Cooling
- Heating features: Fireplace(s),Central,Electric
- Cooling features: Central-Electric
Interior Area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Kitchen
- Features: Breakfast Bar
Property
Details
- Zoning description: R-1 Single Family
Features
- Levels: Two
- Patio & porch: Open Patio
- Fencing: Cross Fenced
Lot
- Lot size: 6,757 sqft
Parking
- Total spaces: 2
- Parking features: No Garage
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
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
- Cold Wave
- Hail
- Inland Flooding
- Ice Storm
- Strong Wind
- Tornado
- Wildfire
- Winter Weather
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Comanche 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 | $2,047 | $24,564 |
| Home Insurance | $208 | $2,496 |
| Property Taxes | $229 | $2,748 |
| Electricity | $144 | $1,732 |
| Total | $2,628 | $31,536 |
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 |
|---|---|---|
| 2026-05-13 | Price change | $428,000 |
| 2026-04-20 | Price change | $450,000 |
| 2026-03-31 | Listed for sale | $465,000 |
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