505 Ne 1st Terrace

Oklahoma City, OK
$ 875,000 Beds 3 Baths 2.5 Sq 2,571 Virtual Tour
Monthly Estimate* How much can I afford?

A modern take on a classic layout. Luxe finishes, private primary suites and dual living areas for flex rooms or work from home spaces. Terraces, patios, front porches and courtyards take advantage of city views while connecting indoor and outdoor spaces. Curb appeal at its finest - all in a geothermal, energy efficient package.

Active

  • Price
  • $ 875,000
  • City
  • Oklahoma City
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • OKLAHOMA
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.039 Acres
  • Zip
  • 73104
  • Sqr Footage
  • 2,571
  • Year Built
  • 2026
  • Style
  • Traditional
  • MLS#
  • 1198104
Listed By: Matt Marcacci at First Source Real Estate Inc. - 405-236-4747
Data Source: Oklahoma City Metro MLS (OKCAR)

Features

General

Heating Geothermal
Cooling Geothermal
Utilities Cable Available,Electricity Available,Natural Gas Available,High Speed Internet,Public
Possession Closing
Roof Other
Appliances Dishwasher,Disposal,Microwave
HOA Fee 4680
Garage Spaces 2
Association Fee Includes Common Area Maintenance,Pool,Recreation Facility
Architectural Style Traditional
Pool Features Heated,Pool/Spa Combo,Tile,Waterfall
Construction Materials Brick & Frame
Year Built 2026
Property Subtype Single Family Residence
County Oklahoma
Property Type Residential
Full Baths 2
Status Active
Directions From NE 1st Street and Russell M Perry Avenue,Go East to Ellison Avenue,then North to the Sales Office.
High School Douglass HS
City Oklahoma City
Disclosures Exempt
High School District Oklahoma City
Lot Size Square Feet 1699
Elementary School John Rex Charter
Home Warranty Y/N Yes
Middle/Junior High School John Rex Charter
Builder Name McAlister Construction
Standard Status Active
Tax Lot 010

Interior Features

Flooring Combo
Fireplace Features None
Half Baths 1
Total Bedrooms 3
LivingAreaSource Builder
Total Baths 3

Exterior Features

Exterior Amenities Balcony
Lot Features Interior Lot
Foundation Details Slab
Lot Size Acres 0.039

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Norman, OK office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School John Rex Charter Elementary School
Middle School John Rex Charter Middle School
High School Douglass HS

Price History

10/28/2025 Listed $895,000
8/20/2026 3% - $875,000

Property vs Zip Code Average in 73104

Price
AVG $790K
$880K
Year Built
AVG 1992
2026
Visits
AVG 399
507
Data Provided by Inside Real Estate®

Areas That We Cover

505 Ne 1st Terrace Oklahoma City, OK is a Single Family Home for sale at $875000 with 2571 sqft and a lot size of 0.039 Acres Acre(s). 505 Ne 1st Terrace Oklahoma City has 3 bedrooms, 2 baths and was built in 2026. The property's zip code is 73104 which is in Oklahoma City, OK

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.