$439,000
$56K PRICE DROP

57450 E Hwy 125 516 Monkey Island, OK 74331

Estimated payment $3,024/month

Total Views 17,708
2 Beds
2.5 Baths
2,280 Sq Ft
$193 Price per Sq Ft

Highlights

  • Gated Community
  • Seasonal View
  • Central Air
  • Deck
  • Patio
  • Ceiling Fan

About This Home

AMAZING NEW PRICE OFFERING! This charming Lake Cottage is located in the highly desirable Shangri La Estates neighborhood, right in the heart of Shangri La Resort! AMAZING PRICE OFFERING! Front yard views of Shangri La Golf Course, with distant views of The Anchor and Marina areas! Enjoy the backyard patio/deck seasonal views of Grand Lake O the Cherokees which give incredible location for lake and golf living! Vaulted plank and beam ceilings, wood burning fireplace with updated kitchen finishes create such a special grand open concept on main floor. This property is being offered fully furnished along with all appliances and washer & dryer included! Beautiful new luxury vinyl flooring has been installed throughout the entire home. Enjoy lovely water features and seasonal lake views from the back deck! The secondary ensuite bedrooms provide beautiful views, generous closet space and walk out patio access! Enjoy golf course views, The Anchor, and Marina lights from your large grass front lawn! Convenient Golf Cart attached Carport with electrical charge outlet. Shangri La Estates is a fabulous Lake community with full time staff, lawn care, with gated security. This charming neighborhood provides a sparkling neighborhood pool, playground, and clubhouse. Enjoy leisurely strolls and golf cart rides with fishing ponds and waterfalls. Such a wonderful lock and leave community providing such fabulous Golf and Lake enjoyment!

Listing Agent

Ginger Richey

Keller Williams Realty Elite Brokerage Phone: 918-801-2219 License #158888 Listed on: 03/13/2025

Keller Williams Realty Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,863

Year Built

  • Built in 1972

Lot Details

  • Irrigation

HOA Fees

  • $465 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Siding
  • Stone

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Seasonal Views
  • Alarm System
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Patio

Schools

  • Grove High School

Utilities

  • Central Air
  • Heating Available
  • Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 210017847

Community Details

Overview

  • Shangri La Estates Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,863

Year Built

Built in 1972

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Directions: Take S Hwy 125 onto Monkey Island and continue to the 4 way stop sign. Shangri La Estates gated entry is on your left. Use gate code to enter. Stay on Cherokee Road almost to the back gate (you cannot exit out of back gate). Unit 516 is located on the left on Cherokee Rd.
  • Lot Information H O A Frequency: Monthly
  • Lot Information H O A Y N: Yes
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1972
  • Lot Size Acres: 0.04
  • Lot Size: 1912
  • Subdivision Name: Shangri La Estates
  • Architectural Style: Condo
  • Garage Yn: No
  • Attribution Contact: 918-801-2219
  • Property Information:Water FrontView: Seasonal Waterview
  • Property Information:Lot Size2: 1912
  • Property Information:Lot Acres2: 0.04
  • Property Information:Style2: Condo
  • Property Information:Stories2: 2.0
  • Air Conditioning:Central: Yes
  • Foundation Type:Slab: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Construction Siding: Yes
  • Air Conditioning:Ceiling Fans: Yes
  • Lot Information:HOA Dues2: 464.57
  • Lot Information:Gated Community: Yes
  • Miscellaneous:Deck: Yes
  • Miscellaneous:Alarm System: Yes
  • Property Information Secondary Dwelling: No
  • Property Information Number of Living Rooms: 1.0
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Ice Maker, Washer/Dryer Stacked, Microwave, Refrigerator, Electric Water Heater, Garbage Disposal, Trash Compactor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood
  • Fireplace: Yes
  • Property Information:Total Bedrooms2: 2
  • Property Information:Total Bathrooms2: 3.0
  • Property Information:Total Full Baths2: 2
  • Property Information:Total Half Baths2: 1
  • Fireplace:Wood: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Garbage Disposal: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Appliances:Icemaker: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Exterior Features: Irrigation System
  • Lot Features: Title Insurance, Gated Community
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Deck
  • Miscellaneous:Patio: Yes
  • Construction:Rock: Yes
  • Exterior Features:Irrigation System: Yes

Garage/Parking

  • Property Information:Garage Type2: Carport
  • Property Information:Garage Stall2: 1
  • Property Information:Garage Remarks2: Golf Cart

Utilities

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

Condo/Co-op/Association

  • Association Fee: 464.57
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • High School: Grove

Lot Info

  • Zoning: Rural Res
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 210017847

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1863.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 Price Changed $439,000 -11.3% $193 / Sq Ft
03/13/2025 03/13/25 For Sale $495,000 -- $217 / Sq Ft
Source: Northeast Oklahoma Board of REALTORS®

About the Listing Agent

Ginger Richey

Keller Williams Realty Elite

(539) 221-2719

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Distinctively equipped in Realtor Services | 24 years of experience as a real estate entrepreneur professional in: Design and Construction of Residential Developments and Custom Home Building, Marketing and Sales, Realtor Services since 2000 in the Greater Las Vegas, Oklahoma City, and currently Shangri La | Grand Lake | Monkey Island markets. Luxury Designation Keller Williams International.

Ginger's Other Listings

  • 57200 E Highway 125 Unit 3441, Monkey Island, OK 74331

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    • 2 Beds
    • 2 Baths
    • 1,435 Sq Ft
    • 57200 E Highway 125 Unit 3441
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    New Amazing Price to Enjoy Grand Lake at the prestigious Shangri La Resort and Club! Golf and Lake Living is at its best in this well appointed Vista Tower Condo! Seller is offering this 2 bed/2 bath furnished! The open concept living, dining and kitchen are all with just steps to the outdoor balcony overlooking Shangri La Fairways and gorgeous landscape! Beautiful granite counter top kitchen,

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  • 57200 E Hwy 125 Unit 4721, Monkey Island, OK 74331

    $278,000

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    • 2 Baths
    • 1,435 Sq Ft
    • 57200 E Hwy 125 Unit 4721
    • Monkey Island, OK

    Enjoy Golf | Lake Living in this Beautiful Lake Coastal Condo at the Shangri La Resort! This charming property is located on Grand Lake O' the Cherokees in the Shangri La Vista Tower! With select Lake and Golf views of the Shangri La Resort and Golf Course, enjoy the incredible opportunity for magnificent sunsets and resort relaxation from your 7th floor balcony! Recently updated in beautiful

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  • 57200 E Highway 125, Afton, OK 74331

    $249,000

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    • Afton, OK

    Experience luxury resort living at its finest in this beautifully appointed condo at Vista Tower, Unit 3811! Located on the front side of the 8th floor overlooking the breathtaking Grand Lake O' the Cherokees, this furnished residence offers both comfort and convenience to the prestigious Shangri La Resort on Monkey Island. Step into a lifestyle of leisure with unmatched views, beautiful

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  • 57450 E Highway 125, Afton, OK 74331

    $989,000

    • 4 Beds
    • 5 Baths
    • 4,117 Sq Ft
    • 57450 E Highway 125
    • Afton, OK

    New Price Offering! Lake Lodge located in highly desired Shangri La Estates. This luxury property is nestled between Grand Lake O' the Cherokees and the Shangri La Resort Golf Course. Multiple entertaining spaces blend indoor|outdoor ambiance of lake resort living to the fullest! Well appointed highend cabinetry, beams, and vaulted plank ceilings frame the Open Living Concept. Entertain family

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  • 57450 E Highway 125, Afton, OK 74331

    $875,000

    • 3 Beds
    • 3 Baths
    • 2,800 Sq Ft
    • 57450 E Highway 125
    • Afton, OK

    Spectacular Front Row Lake Home in Shangri La Estates! Welcome to no. 618 in the coveted Shangri La Estates offering unobstructed, panoramic views of Grand Lake O' the Cherokees and the renowned Shangri La Resort and Golf Club. This beautifully updated Lake Home showcases newly renovated coastal inspired bathrooms and kitchen with custom cabinetry, granite, tile, LVP flooring, new stainless

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  • 0 Tbd 11 E 325 Ln, Grove, OK 74344

    $650,000

    • Land
    • 4.5 Acres
    • $144,444 per Acre
    • 0 Tbd 11 E 325 Ln
    • Grove, OK

    MAJESTIC PINE TREES and OAKS along the serene waters of Grand Lake O' the Cherokees frame the beautiful lands that are offered at the prestigious VINTAGE PINES development. Unlike any other offerings this residential concept offers carefully currated parcels with optimal lake views and water access while protecting the owners seclusion. This premiere parcel is designed to offer 4.5 acres mol with

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  • 29993 S 567 Rd, Afton, OK 74331

    $949,000

    • 3 Beds
    • 3.5 Baths
    • 3,401 Sq Ft
    • 29993 S 567 Rd
    • Afton, OK

    NEW PRICE OFFER: COASTAL CHARM LUXURY at this beautifully appointed NEW CONSTRUCTION HOME on Grand Lake O' the Cherokees! Welcome to THE HEIGHTS AT SHANGRI LA! A 5 resort home development ideally located next to the Shangri La Resort! This professionally designed residence offers the perfect blend of high end finishes, spacious living, and effortless resort style living! Step inside to find an

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  • 30310 S 562 Rd, Afton, OK 74331

    $619,000

    • 3 Beds
    • 2 Baths
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    • 30310 S 562 Rd
    • Afton, OK

    LAKE FRONT LIVING with RESORT STYLE AMENITIES on MONKEY ISLAND! Welcome to the signature neighborhood, MAINSTAY! A lock and leave carefree and oh so charming 3 bed, 2 bath waterfront home. This cottage features a cozy wood burning fireplace, an open concept of living, dining, and kitchen area perfect for entertianing or relaxing after a day on the water or golf course! Step out the back to find

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  • TBD S 563 Rd, Monkey Island, OK 74331

    $349,900

    • Land
    • 8 Acres
    • $44,068 per Acre
    • TBD S 563 Rd
    • Monkey Island, OK

    AMAZING PRICE Offering on Monkey Island Land! INVEST in this INCREDIBLE OPPORTUNITY of approximately 8 ACRES (MOL) of beautiful wooded land and various lake views on MONKEY ISLAND in the Deer Valley area! Within close proximity for walking or golf cart drive to Tera Miranda Marina. Enjoy Lake Living with so many possibilities to Build a stunning Lake Home, Investment Opportunity with no

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Source: Northeast Oklahoma Board of REALTORS®

MLS Number: 25-489

Northeast Oklahoma Board of REALTORS®