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518 Lakeside Drive, 
Altus, OK 73521

$149,900


4

Beds


3

Baths


2,954

Sq Ft


Single Family

Active

Listed by

Ryan Dunning

Mk Partners Inc

405-310-9321

Last updated:

September 25, 2026, 12:46 PM

MLS#

1250491

Source:

OK OKC

About This Home

518 Lakeside Drive

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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1972

Price Summary

149,900

$50 per Sq. Ft.

MLS #:

1250491

Last Updated:

September 25, 2026, 12:46 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,954 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,954 Sq. Ft.

Year Built:

1972


Lot

Lot Size (Sq. Ft):

9,923


Finances & Disclosures

Finances

Price:

$149,900

Price per Sq. Ft:

$50 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.