53 E Lake Drive

Medicine Park, OK
$ 349,900 Beds 4 Baths 1.5 Sq 1,500
Monthly Estimate* How much can I afford?

In the heart of iconic Medicine Park, this fully furnished 4-bed, 2.5-bath investment retreat delivers charm, character, and proven income as a successful Airbnb—offering 1,500 sq ft of inviting, turnkey living surrounded by breathtaking mountain scenery. Nestled among the town’s historic cobblestone architecture and vibrant walkable streets, this property captures the essence of Medicine Park living with gorgeous mountain views in every direction and Lake Lawtonka just moments away for year-round recreation. Inside, the home blends warmth and personality with thoughtfully curated furnishings, stylish finishes, and a layout designed for comfort and hospitality. Each bedroom offers generous space, while the main living areas create an ideal setting for guests or extended stays. This rare opportunity becomes even more compelling as the sale includes the property next door, expanding potential for multi-unit income, group accommodations, or a unique compound-style investment. The property next door and this one are being sold as a pair, each listed for a set price, total of both will get you to the grand total of $599k. For full details, rental history, and combined property information, please contact the listing agent for more info.

Active

  • Price
  • $ 349,900
  • City
  • Medicine Park
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • COMANCHE
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.1606 Acres
  • Zip
  • 73557
  • Sqr Footage
  • 1,500
  • Year Built
  • 1940
  • Style
  • Traditional
  • MLS#
  • 1247479
Listed By: Haley Cole at Cole Properties - (580) 471-7651
Data Source: Oklahoma City Metro MLS (OKCAR)

Features

General

Heating Natural Gas
Cooling Electric
Possession After Close
Roof Composition
Architectural Style Traditional
Construction Materials Frame
Year Built 1940
Property Subtype Single Family Residence
County Comanche
Property Type Residential
Full Baths 1
Status Active
Directions HEAD E ON LAKE DR
High School Lawton HS
City Medicine Park
Disclosures Yes
High School District Lawton
Lot Size Square Feet 6996
Elementary School Adams ES
Home Warranty Y/N No
Middle/Junior High School Central MS
Standard Status Active
Tax Lot 7

Interior Features

Fireplace Features None
Half Baths 1
Total Bedrooms 4
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Lot Features Other
Foundation Details Slab
Lot Size Acres 0.1606

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 Adams ES
Middle School Central MS
High School Lawton HS

Price History

9/3/2026 Listed $349,900

Property vs Zip Code Average in 73557

Price
AVG $340K
$350K
Year Built
AVG 1964
1940
Visits
AVG 74
61
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

53 E Lake Drive Medicine Park, OK is a Single Family Home for sale at $349900 with 1500 sqft and a lot size of 0.1606 Acres Acre(s). 53 E Lake Drive Medicine Park has 4 bedrooms, 1 baths and was built in 1940. The property's zip code is 73557 which is in Medicine Park, 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.

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