$1,700,000
$15M PRICE DROP

55275 E 298 Rd Unit 1 Monkey Island, OK 74331

Estimated payment $9,728/month

Total Views 405
5 Beds
3 Baths
3,331 Sq Ft
$510 Price per Sq Ft

Highlights

  • Lake Front
  • Boat Slip
  • Traditional Architecture
  • Community Boat Dock
  • Gated Community
  • Wine Refrigerator

About This Home

125ft of WATERFRONT with TWO BOAT SLIPS and room to grow on 1.5 acres in this new construction lakefront retreat in gated West Bay Shores on Monkey Island. Open-concept design showcases a 13-ft island, 36'' professional range, separate fridge & freezer, walk-through pantry, and entertainer's bar with ice maker. Private primary suite features patio access, soaking tub, and dual-head spa shower. Oversized garage accommodates golf cart + lake toys. Direct access to the 5 mile long golf cart path taking you straight to Shangri La Resort. Short-term rentals allowed -- ideal luxury lake home, investment, or legacy property. 1.5 acre waterfront properties are RARE on Monkey Island!

Listing Agent

Jessica Garner

Shyft Real Estate, LLC Brokerage Phone: 918-533-8207 License #206144 Listed on: 03/24/2026

Shyft Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,652

Year Built

  • Built in 2024

Lot Details

  • 1.5 Acre Lot
  • Lake Front
  • 2 total lots

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Siding
  • Stone

Interior Spaces

  • 3,331 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Water Views
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Access To Lake
  • Property is near a lake
  • Boat Slip
  • Patio

Schools

  • Grove High School

Utilities

  • Central Air
  • Heating Available
  • Furnace
  • Water Purifier is Owned
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 210040901

Community Details

Overview

  • West Bay Shores Subdivision

Recreation

  • Community Boat Dock

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,652

Year Built

Built in 2024

Lot Details

1.5 Acres

HOA Fees

$265 per month

Listing Details

  • Directions: From HWY 125 coming onto monkey island, Turn right at 290 rd (going by Monkey Bar Pub) continue on that road (it turns into 555rd) Go all the way down until the road dead ends, turn right onto E 298 Rd. West Bay Shores Gated community will be at the end on E 298 Rd.
  • Lot Information H O A Frequency: Monthly
  • Lot Information H O A Y N: Yes
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 2024
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.5
  • Subdivision Name: West Bay Shores
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Attribution Contact: 918-533-8207
  • Property Information:Lot Size2: 65340
  • Property Information:Lot Acres2: 1.5
  • Property Information:Stories2: 1.0
  • Air Conditioning:Central: Yes
  • Construction Brick: Yes
  • Foundation Type:Slab: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Construction Siding: Yes
  • Air Conditioning:Ceiling Fans: Yes
  • Lot Information:Lake Access2: Yes
  • Lot Information:HOA Dues2: 265.00 per lot
  • Lot Information:Gated Community: Yes
  • Property Information Secondary Dwelling: No
  • Appliances Water Softener System Owned: Yes
  • Property Information Senior Community YN2: No
  • Property Information Number of Living Rooms: 1.0
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Gas Oven, Gas Range, Range Hood, Washer/Dryer, Water Purifier Owned, Water Softener Owned, Wine Refrigerator, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Property Information:Total Bedrooms2: 5
  • Property Information:Total Bathrooms2: 3.0
  • Property Information:Total Full Baths2: 3
  • Basement:None4: Yes
  • Appliances:WasherDryer: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Wine Refrigerator: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Water Purifier Owned: Yes

Exterior Features

  • Exterior Features: Community Dock, Boat Slip
  • Lot Features: Abstract, Gated Community, Lake Access
  • View: Water
  • Waterfront Features: Lake Front, Lake Access
  • Waterfront: Yes
  • Disclosures: HOA Forms, Sellers Discl Addndm, Broker Services, dock acknowledement
  • Construction Type: Other, Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Miscellaneous:Patio: Yes
  • Construction:Rock: Yes
  • Exterior Features:Community Dock2: Yes
  • Exterior Features:Boat Slip: Yes

Garage/Parking

  • Property Information:Garage Type2: Attached
  • Property Information:Garage Stall2: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central Furnace, Electric
  • Heating Yn: Yes
  • Water Source: Well
  • Heating Type:Central Furnace: Yes
  • Heating Fuel:Electric: Yes
  • Water Well: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 265.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • High School: Grove

Lot Info

  • Additional Parcels Description: 2 total lots
  • Lot Size Sq Ft: 65340.0
  • Parcel #: 210040901

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4652.0

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2026 03/24/26 For Sale $17,000,000 +41.7% $5,104 / Sq Ft
03/02/2026 03/02/26 For Sale $12,000,000 -- $3,603 / Sq Ft
Source: Northeast Oklahoma Board of REALTORS®

Source: Northeast Oklahoma Board of REALTORS®

MLS Number: 26-651

Northeast Oklahoma Board of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.