Historic Victorian Home, Very Close to Lake

Asking Price$695,000

Gross Revenue
Not Disclosed

Net Operating Income$200,000

FF&E$30,000
Included in asking price
Building Sq. Ft.3200

Price per Sq. Ft.$217.00

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Historic Victorian Home, Very Close to Lake


Asking Price$695,000

Gross Revenue
Not Disclosed

Net Operating Income$200,000

FF&E$30,000
Included in asking price
Building Sq. Ft.3200

Price per Sq. Ft.$217.00

Property Description
Historic Victorian Home, Very Close to Lake
Architecturally Restored Prairie Victorian with Boutique Inn Potential

Step Back in Time – Historic Bed & Breakfast Opportunity in Oklahoma
Just seven minutes from the lake, this beautifully restored Prairie-style Victorian blends historic character with modern performance. Designed as both a timeless residence and a ready-to-launch Bed & Breakfast, Airbnb, or boutique retreat, the property offers a rare opportunity to create an experience-driven hospitality business in a charming Oklahoma setting.

This is more than a home — it is a destination opportunity. Guests can enjoy lake-day excursions, guided fishing experiences, scenic boat outings, nostalgic Model T tours, themed weekends, or simply the atmosphere of a carefully restored historic property designed to transport visitors into another era.
Restoration Highlights

The property underwent a complete architectural and structural restoration led by licensed professionals, including an architect, engineer, and interior designer.

Major improvements include:
• All-new plumbing, electrical, HVAC, and insulation
• Reinforced structural framing and restoration work throughout
• New hardwood and tile flooring
• Custom kitchen cabinetry and crown molding
• New custom interior stairway system
• Dual-pane custom windows throughout
• New porch columns, railings, stairs, and back porch addition
• Complete interior and exterior paint/stain restoration
• Approximately 3,200 sq. ft. with expanded upper-level guest suite potential

Design contributions include:
• Stephanie Brown – A3id Design Company, Tulsa
• Bren.Arc of Oklahoma
• Custom finish carpentry by Brian Sanderson

The property may also qualify for future inclusion on the National Historic Registry, potentially opening eligibility for grants and historic preservation incentives.

Illustrative Owner-Operator Pro Forma Scenario
Example operational model based on 4 guest rooms and an owner-operator hospitality format:
• Estimated Gross Revenue: ~$200,000+ annually
• Estimated Operating Expenses: ~$58,000 annually
• Illustrative Net Income Potential: ~$140,000+ annually

Potential upside may exist through expanded guest experiences, premium branding, additional room utilization, and lake-oriented hospitality packages.

Estimated annual property operating expenses (taxes, insurance, utilities, and maintenance reserves) are approximately $19,241 annually.

This opportunity may appeal to:
• Boutique hospitality operators
• Couples seeking a lifestyle business
• Airbnb entrepreneurs
• Historic property enthusiasts
• Destination retreat operators

For additional photos, 3D tour, floor plans, and full property details, see the listing on all major real estate websites:
908 SE 3rd St., Wagoner, OK 74467

All financial figures and projections are illustrative only and subject to operator experience, occupancy, market conditions, and execution.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
Built in 1905, this Victorian home is a rare blend of turn-of-the-century craftsmanship and modern comfort. Fully renovated and remodeled inside and out with all new mechanical systems (plumbing, electrical, HVAC), it offers peace of mind for decades to come. A professional interior designer guided the restoration, bringing historic character to life with tasteful, modern updates that make the property both timeless and turnkey.
Location Description
Nestled in a charming small town known for its fully restored historic homes, this property sits in the heart of a neighborhood rich with character and pride of ownership. Three other restored historic homes are located on the same block, creating a unique streetscape that feels like stepping back in time. The town attracts visitors seeking authentic historic charm.
Current and Prior Use
Originally built in 1905 as a private residence, the home has been fully restored and updated inside and out. It is currently positioned for use as a Bed & Breakfast, Airbnb, or boutique retreat, while still suitable as a private residence.
Year Built
1905
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Estimated annual operating expenses are approximately $19,241 per year. This includes 2025 property taxes of $2,341, estimated insurance costs of approximately $3,500 annually for a historic home with business use, utilities averaging approximately $450 per month ($5,400 annually). Estimated average monthly operating expenses are approximately $1,603 per month.
Listing Info
ID:
2402857
Listing Views:
334
Attached DocumentsAttachment Disclaimer

908SE3rd_Flyer.pdf


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Property Listed by: Wes Brown California Business Sales

Listing ID: 2402857 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.