$482,000
$10K PRICE DROP

58 E Lake Dr Medicine Park, OK 73557

Estimated payment $2,716/month

Total Views 2,070
3 Beds
2 Baths
2,625 Sq Ft
$184 Price per Sq Ft

Highlights

  • Popular Property
  • Modern Farmhouse Architecture
  • Farmhouse Sink
  • Lake Front
  • Covered Patio or Porch
  • Balcony

About This Home

Just a short walk to Lake Lawtonka Dam or downtown Medicine Park, this Cabin offers the **best views** of the Wichitas you didnt know was possible.
Welcome to 58 E Lake Dr!

This stunning home offers a unique atmosphere you have to experience to believe. Nearly everything is brand new — from framing and cabinetry to electrical, plumbing, flooring, roof, and fixtures — making it as close to new construction as you can get without the label.

The kitchen is a true designer’s showcase, featuring a wraparound stone backsplash, gold Carrara quartz countertops, and a large entertainer’s island. A gas range with gold pot filler, farmhouse sink, gold bridge faucet, drawer microwave, stainless refrigerator, and stainless range complete this chef’s dream.

Throughout the home, you’ll find stylish decorator tile, along with new windows, a new heat & air system, and a powerful tankless 190,000 BTU water heater.

The main living room downstairs offers a custom TV cabinet. The primary suite includes a spa-inspired bath with double vanities, quartz counters, rainfall shower, contemporary fixtures, and luxury finishes.

Upstairs, a second living area boasts one of Oklahoma’s most breathtaking views. French doors open to a 16’ balcony with direct sightlines to Mount Scott. Two oversized bedrooms, a beverage station with built-in cabinetry, and a wet-room style bath with soaking tub and double vanities complete the upper level.

Currently operating as a successful Airbnb, with income details available upon proof of funds. Owner/Licensee.

Listing Agent

Casey Foster

Access Real Estate LLC Listed on: 08/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 2023

Lot Details

  • 0.35 Acre Lot
  • Lake Front

Home Design

  • Modern Farmhouse Architecture
  • Slab Foundation
  • Brick Frame
  • Architectural Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,625 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Farmhouse Sink

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Elgin Elementary School
  • Elgin Middle School
  • Elgin High School

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,770

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Modern Farmhouse
  • Property Sub Type: Single Family
  • Legal Addition: Medicine Park
  • Mandatory Association Dues Yn: No
  • Property Level: Two
  • Roof Year: 2023
  • School Junior High: Elgin MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2023
  • HistoricalDesignationYN: No
  • Model Home: No
  • PropertyBuildSTATUS: Existing
  • Special Features: NewHome

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Living Areas: 2
  • Total Sq Ft: 2625

Exterior Features

  • Construction: Brick & Frame, Concrete
  • Pool: No
  • Exterior Features: Balcony, Covered Patio, Covered Porch
  • Foundation: Slab
  • Roof: Architectual Shingle

Garage/Parking

  • Garage Description: None

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Schools

  • Elementary School: Elgin ES
  • High School: Elgin HS

Lot Info

  • Acres: 0.3540
  • Land Sq Ft: 15420
  • Lot Description: Lakefront, Waterview

Tax Info

  • Tax Block: 000
  • Tax Lot: 000

MLS Schools

  • School District: Elgin

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,770 $19,108 $4,873 $14,235
2023 $1,770 $17,331 $5,581 $11,750
2022 $918 $9,513 $5,581 $3,932
2021 $833 $9,060 $5,581 $3,479
2020 $1,463 $15,893 $3,189 $12,704
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Price Changed $482,000 -2.0% $184 / Sq Ft
08/18/2025 08/18/25 For Sale $492,000 -- $187 / Sq Ft
Source: MLSOK

Purchase History

Date Type Sale Price Title Company
Warranty Deed $31,500 Sovereign Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $140,000 Chicago Title
Warranty Deed $50,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $261,661 New Conventional
Previous Owner $230,000 Construction
Previous Owner $230,000 Construction
Previous Owner $50,624 Commercial
Source: Public Records

Source: MLSOK

MLS Number: 1186500

MLSOK

APN: 0017402