Listing data was last updated from MyStateMLS Oct 29, 2026, 10:31 PM UTC. Some recent changes may not appear yet.
For sale

$5,375,000

187 acres

985 Us Hwy 77Ardmore, OK 73401

Land and lots · MLS 11668415 · Listed 260 days ago (Feb 12, 2026)

Lake or reservoir · Direct parcel frontage · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this land

187± Acres of Premier I-35 Frontage - 1.45± Miles of Highway Exposure, 45-Acre Lake, and Turnkey RV Resort Development Opportunity Near Lake Murray Discover an exceptional 187± acre investment opportunity strategically positioned along Interstate 35, featuring approximately 0.95± miles of direct I-35 frontage and an additional ±0.50 miles of frontage along U.S. Highway 77, just 5 miles south of Ardmore. Positioned in a high-growth corridor with outstanding visibility and strong traffic counts 24 hours a day, this property offers limitless potential for commercial, recreational, agricultural, or mixed-use development. Originally envisioned as one of the largest RV destinations in southern Oklahoma, the groundwork had already begun for a 650-site RV park. A stunning 45± acre constructed lake serves as the centerpiece of the property, designed to create a resort-style atmosphere focused on relaxation and recreation. In addition, there are three lagoons in place and substantial PCP pipe materials on-site to continue development, offering significant value and a head start for an investor looking to bring this vision to life. Beyond its development potential, the land itself is equally impressive. The property also features a 14± acre pond, expansive open pastureland, and gently rolling terrain that provides natural drainage, elevated build sites, and scenic panoramic views. Thoughtfully shaped landscapes reflect the owner's original master-planned vision while preserving the area's natural beauty. Whether you choose to complete the RV park concept, create a private ranch, develop multiple homes or tiny home communities, or hold as a long-term investment, the possibilities are extensive. Utilities are in place with rural water and three-phase electricity available, making the property development-ready. Located five miles south outside the Ardmore city limits, it offers flexibility and fewer restrictions while remaining minutes from shopping, dining, and essential services. The location further enhances its appeal. Just minutes away are Lake Murray State Park, Lake Murray State Park Lodge, and Lakecrest Casino & Hotel Resort, Win Star World Resort and Casino, destinations that draw consistent tourism year-round for boating, fishing, hiking, golfing, and entertainment. This steady flow of visitors strengthens the commercial viability of the site. Conveniently located approximately 90 minutes from Dallas-Fort Worth and 90 minutes south of Oklahoma City, this 187± acre tract offers premier interstate frontage enhanced by the very near future planned addition of new northbound and southbound lanes, further strengthening infrastructure capacity, increasing recreation-driven traffic flow, and supporting long-term appreciation potential. Whether you envision a destination RV resort, a large-scale commercial venture, a working ranch, or a legacy investment to develop and hold, this property delivers scale, infrastructure, and unmatched opportunity in one remarkable offering.

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing represents the offered parcel itself as adjoining the water. This is what the listing reports, not a survey or a title finding.

Relationship to the water
Direct parcel frontage
Water body
Not provided. Ask the listing agent.
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Not provided. Ask the listing agent.
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.
Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Lake Front”: Includes a "… Front" value describing frontage.
  • PropertyTypeDetail “land”: Property form used to read the frontage relationship.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Thomas Bryant of Turner Land Company LLC.

Facts

List price
$5,375,000
Status
For sale
Property type
Land and lots
Lot size
187 acres
County
Carter County
MLS number
11668415

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Ardmore.

Price and status history

    Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

    Estimate a monthly payment

    $1,075,000
    Illustrative. Replace with a quote from your lender.
    Estimate. Check the county assessor for the actual amount.
    Get a quote; rates vary widely by location.
    Manufactured homes on a leased lot.
    Applied only while the loan is over 80% of the price. Illustrative.

    Estimated monthly payment

    $33,225 per month

    Principal and interest$27,179
    Property tax$4,479
    Homeowners insurance$1,567
    Loan amount$4,300,000
    Total interest over the term$5,484,413

    An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

    Questions to ask before you buy

    Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

    1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
    2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
    3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
    4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
    5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
    6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
    7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
    8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
    9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

    Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

    Guides and next steps

    Listing courtesy of Turner Land Company LLC. Listing agent: Thomas Bryant. Listings provided by MyStateMLS.

    Listing last updated by the brokerage Sep 2, 2026, 8:53 AM UTC. Waterfront Homes last received MyStateMLS data Oct 29, 2026, 10:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.