ADDRESS: 60746 East 198 Road, Fairland OK. **THE PRICE REFLECTED IS THE COUNTY ASSESSMENT ONLY** DIRECTIONS: From Fairland OK- from the intersection of Hwy 60 and Hwy 125 go south on Hwy 125 two tenths of a mile to East 190 Road, turn east 3 miles to S 600 Rd, turn south 1 mile to E 200 Rd, turn east and follow through the jog to E 198 Rd. Turn right and follow to the property. Watch for signs! Selling at online auction is this fantastic little waterfront studio cabin with an included 2 slip dock! This lake house is just under 500 sq ft with room for expansion. Included are a bathroom and kitchen area and the entire cabin has been recently renovated. Outside right next to the cabin is a 25x 20 concrete slab to build an addition thereby doubling the square footage! This property has dual pane windows all around and a 5"x8" picture window overlooking the water. There are double 36" entry doors in the front and a 36" door on the slab side. The ceiling is vaulted and the roof is metal. Out front is a 10'x24' deck with a lighted ramp that leads directly down to the boat dock. The dock is 36'x34' and has two 10'x30' slips, each with a boat lift. There is also two PWC docks on each corner and a 20' pontoon "dockraft" tied to the side with a ladder and slide for the kids to play on! This property is perfect for weekend getaways with the ability to expand! Buy it now to use it until the end of the season and have it ready for next spring! SOLD "AS IS". A 10% Buyers Premium will apply to the high bid. Example: High bid: $100,000 Buyers Premium: $ 10,000 Total Purchase Price: $110,000 At the completion of the auction a $5,000 escrow deposit will be required when the contract is signed, and the buyer will have up to 45 days to close. This property is not contingent on financing or qualification for financing and considered a cash only sale. If financing is needed, get pre-approved now and make your financing arrangements in advance, as this property will be sold "As Is, Where Is" without contingencies. For complete terms visit our website or call our office.