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Coalgate, OK 74525

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For Sale

$1,950,000

6 beds • 3 baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • 1-5 Years Old
    Age

Explore this Property

Located in the heart of Coal County, Oklahoma, the Hwy 48 Ranch offers 338± acres of rolling pasture, mature timber, and open meadows. With 151± acres of timber and 182± acres of pastureland, it provides a perfect balance of productivity, recreation, and privacy. Accessed directly from State Highway 48, the land features scenic elevation changes, multiple ponds, and a well-maintained trail system. At the center of the property sits a 40 x 40 metal home combining comfort and rustic charm. The open-concept design connects the kitchen, dining, and living areas with reclaimed barn wood and tin accents. The main level includes two bedrooms (one ensuite), a guest bath, and a mudroom with laundry. Upstairs are four additional bedrooms, an office, and another full bath. A large covered porch overlooks the surrounding countryside. A 48 x 48 insulated metal shop features two 10 x 12 doors, 220-volt power, a 6,000-pound lift, hot/cold water, and an overhead boom. Inside is a 12 x 48 apartment with a kitchenette, bedroom, and full bath ideal for guests or rental income. A separate 20 x 20 metal storage building adds utility. Five ponds, including a four-acre lake formed from a historic rock quarry, provide excellent fishing and reliable water for livestock and wildlife. Deer, turkey, and hogs are abundant. An old homesite with an underground cellar adds character to the landscape. The northeast hay meadow and fertile soils make this property ideal for grazing and hay production, while the western 97-acre timber tract provides cover and hunting opportunities. An old railroad bed along the western boundary now serves as a trail for riding or exploring. The Hwy 48 Ranch combines modern improvements, income potential, and natural beauty offering a rare opportunity to live, work, and play in one remarkable Oklahoma setting.
MLS# 2544785

Courtesy Of Inc Realty

(214) 548-9813

Property Features

  • Age
    1-5 Years Old
  • Appliances
    Dryer, Refrigerator
  • Architecture Style
    Other
  • Lot Size
    338.23 Acres

Area Map

Home seller CENTURY 21 Shirley Donaldson, Inc.

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CENTURY 21 Shirley Donaldson, Inc.

(918) 426-4343
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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.