Coldwell Banker Home Page
Skip to main contentColdwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Heart of Oklahoma Real Estate

Property view
Listing view 2
Listing view 3

5232 W Cove Drive, 
Terlton, OK 74081

$224,700

3

Beds

2

Baths

1,692

Sq Ft

Single Family

Active

Listed by

Jason Utley

One Broker Place LLC.

405-533-3800

Last updated:

August 13, 2026, 12:39 PM

MLS#

1218606

Source:

OK OKC

About This Home

5232 W Cove Drive

Excellent investment opportunity on 1.35 acres with direct adjacency to Keystone Lake. This 3 bedroom, 2 bathroom home offers strong upside for the right buyer—whether you’re looking to renovate, flip, or hold as a long-term rental or lake getaway. The structure has solid bones but will need updates and repairs, giving investors the freedom to add value and customize to their strategy. The acreage, privacy, and lake access make this property a rare find in a high-demand recreational area. Property is being sold as-is, where-is.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1978

Price Summary

224,700

$132 per Sq. Ft.

MLS #:

1218606

Last Updated:

August 13, 2026, 12:39 PM

Added:

5 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,692 Sq. Ft.

Structure

Structure

Building Area:

1,692 Sq. Ft.

Year Built:

1978

Lot

Lot Size (Sq. Ft):

58,806

Finances & Disclosures

Finances

Price:

$224,700

Price per Sq. Ft:

$132 per Sq. Ft.

MLS Logo
Listing content and images Copyright© 2026 MLSOK®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.

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.

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.