Grand Lake Real Estate

Who owns downtown Grove?

2005-05-24T13:27:00.000-05:00

If you would visit the County Assessor's office in Jay, it would reveal who owns what in downtown Grove along 3rd street, which is the first phase of the proposed Downtown Revitalization Project.

First Place goes to Peter M Crow, publisher of the Grove Sun Daily, who owns almost all of Block 26 fronting on 3rd street, where the newspaper office is located, and two corner properties across the street in separate blocks. Crow owns about 12 properties in downtown Grove. Those located adjacent to his newspaper and down the street are empty.

Exceptions in his block are the former Mill Creek location, still owned by the Ramsay Corporation, and the proposed Grand Lake Family Fellowship Church, property recently sold by another media magnate, Larry Hestand, owner of KGVE Radio. He recently sold Lots 2, 3 and 4 to the church for $275,000 in the form of a promissory note financed by the First Bank of Owasso on behalf of James E Fuller, President and Senior Pastor of the church.

Hestand had purchased part of this property in 2000 from Quentin A Martin Trust for $110,000, records show, but then took out a $312,000 mortgage to Grand Savings Bank in June 2003 on the property which had a due date of 6 months later, according to the assessors office records. One can forget any nice sidewalk cafe anywhere near this location, if it wants to serve wine, as being too close to a church.

Hestand also owns a property in Block 16 next to the Barber Shop, and of course his radio station location, cell phone sales office, and part of the property next door. So one might think that Hestand would come in second place, but he comes in third, if one looks at square feet.

Second Place goes to Sam Williams, who owns most of Block 27 with the exception of the Green Country Internet offices and two lots adjacent. Williams owns the balance fronting on 3rd street and around the corner to Grand Escapes Travel, which is managed by his wife, Carolyn Williams.

Blocks 17 and 18 are owned largely by a number of unrelated business people.

Based on the above, three people own basically 50% of downtown Grove fronting on 3rd street.

Friends of mine at Melody Point on Grand Lake

2005-05-23T10:11:00.000-05:00

Some friends of mine have been leasing a demo home at Melody Point, a luxury and gated community on the outskirts of Grove.

They told me this past weekend, they have purchased some property there and will start building there own home before long.

Both of them are pretty excited about this community. It's located on the Honey Creek arm of Grand Lake, about 3 miles from the center of town. Some of the amenities include: man-made ponds, cascading waterfalls, boat docks, boat slips, a heated swimming pool, spa (hot tub), cabana, and an entertaining area on the docks.

The husband said what excited him the most was the Melody Point Association handles all landscaping and provides totally maintained lawns and pool area. I guess that means no more spending Saturday mowing and maintaining the lawn.

Anyway, this is a really nice location worthy of consideration if you're looking for real estate on Grand Lake. Here's how to get in touch with them by phone: 800-527-4406. Their web site is Melody Point.

Melody Point, Grove Oklahoma

Unbiased information on Grand Lake Real Estate

2005-05-22T21:00:00.000-05:00

This blog is about real estate in the Grand Lake area of Oklahoma. I'm not a real estate agent nor am I connected to any real estate agency.

It's been a personal peeve of mine to search on the internet about Grand Lake and find mostly web sites owned by real estate agents or agencies.

Now don't get me wrong, I'm all for free enterprise and capitalism, but I believe there is an information gap of credible, non-biased information about the real estate market in the Grand lake area.

So that's what this site is all about. If you're looking for non-biased real estate information in the Grand Lake area, you've landed in the right spot.