Amber Kerenge

518 Lakeside Drive

Altus, OK
$ 149,900 Beds 4 Baths 3 Sq 2,954
Monthly Estimate* How much can I afford?

INVESTOR SPECIAL ON LAKESIDE — AS-IS SALE WITH SERIOUS UPSIDE! Opportunities like this don't come along often in Altus. Sitting on Lakeside Drive with an in-ground pool and a backyard overlooking the lake, this home offers the bones, location, size, and upside investors look for — without paying finished-retail pricing. The property is being sold strictly AS-IS and is ready for the next owner to complete the transformation. A recent appraisal indicates an estimated AFTER-REPAIR VALUE (ARV) of approximately $310,000, giving an investor the opportunity to step into a substantial value-add project with the heavy lifting already identified. The home offers a large living space with a spacious existing floor plan, fireplace, attached garage, in-ground swimming pool, and a backyard setting overlooking the lake. The size and layout provide excellent potential for a modern renovation designed around today's buyer. LOCATION MATTERS. You're minutes from Altus Air Force Base, with convenient access to shopping, schools, restaurants, and the rest of Altus while still getting something that's difficult to reproduce — a pool and lake setting. This is NOT a turnkey retail home, and it isn't being priced or represented as one. Bring your contractor, bring your vision, and finish it your way. Whether you're looking for your next flip, a value-add investment, or a property you can renovate for yourself, 518 Lakeside gives you something you can't manufacture later: LOCATION, SIZE, SETTING, AND UPSIDE. Serious buyers only. Property is being sold AS-IS. Schedule your showing, walk the property, run your numbers, and make your offer.

Active

  • Price
  • $ 149,900
  • City
  • Altus
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • JACKSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.2278 Acres
  • Zip
  • 73521
  • Sqr Footage
  • 2,954
  • Year Built
  • 1972
  • Style
  • Ranch
  • MLS#
  • 1250491
Listed By: Ryan Dunning at MK Partners Inc - (405) 310-9321
Data Source: Oklahoma City Metro MLS (OKCAR)

Features

General

Heating Electric
Cooling Electric
Possession Closing
Roof Shingle
Garage Spaces 2
Architectural Style Ranch
Pool Features Diving Board,Gunite,Outdoor Pool,Pool/Spa Combo
Construction Materials Brick & Frame
Year Built 1972
Property Subtype Single Family Residence
County Jackson
Property Type Residential
Full Baths 3
Status Active
Directions West on Hwy 62,North on Main,East on Lakeside,House on the right in the middle of the curve
High School Altus HS
City Altus
Disclosures Disclaimer
High School District Altus
Lot Size Square Feet 9923
Elementary School Altus Early Childhood Center,Altus ES,Altus Prima
Middle/Junior High School Altus Intermediate School,Altus JHS
Standard Status Active
Tax Lot 16

Interior Features

Total Fireplaces 1
Fireplace Features Wood Burning
Total Bedrooms 4
LivingAreaSource Appraisal
Total Baths 3

Exterior Features

Exterior Amenities Lake,Storage
Lot Features Lakefront
Foundation Details Slab
Lot Size Acres 0.2278

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
Adjust Payment Options
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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 Altus Prima Elementary School
Middle School Altus JHS Middle School
High School Altus HS

Price History

9/23/2026 Listed $149,900

Property vs Zip Code Average in 73521

Price
AVG $280K
$150K
Year Built
AVG 1984
1972

In The Neighborhood

Areas That We Cover

518 Lakeside Drive Altus, OK is a Single Family Home for sale at $149900 with 2954 sqft and a lot size of 0.2278 Acres Acre(s). 518 Lakeside Drive Altus has 4 bedrooms, 3 baths and was built in 1972. The property's zip code is 73521 which is in Altus, 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.

Amber Kerenge

Amber Kerenge

405-219-1713

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