200 S Washington St, Ponca City, OK 74601

Property Description

200 SOUTH WASHINGTON | PONCA CITY, OKLAHOMA Affordable Stone Home + Additional Lot Opportunity Near the RecPlex Located near the intersection of Washington and Central in Ponca City, 200 South Washington is a charming stone home offering approximately 1,042 square feet, 3 bedrooms, 1 bathroom, a basement, mature trees, and several important infrastructure updates. This property offers an affordable opportunity for a buyer who sees potential and isn't afraid to add some finishing touches of their own. The home is currently offered at $40,000. An additional property at 201 S. Waverly, located near the RecPlex, is offered separately for $10,000. Want both? The seller is offering 200 S. Washington and 201 S. Waverly together for $45,000. 200 SOUTH WASHINGTON The main residence is a 3-bedroom, 1-bath stone home with approximately 1,042 square feet of living space. The stone exterior gives the home character and curb appeal that you don't find on every property in this price range. Mature trees surrounding the property add shade and an established feel to the homesite, including fruit trees that are another unique feature of the property. Inside, the floor plan includes a living room, kitchen, three bedrooms, bathroom and laundry area, along with a basement that provides additional usable space beyond the main living area. The home does need some cosmetic attention, making it a great candidate for someone who wants to purchase affordably and make improvements according to their own taste and timeline. Rather than paying a premium for someone else's remodel, this property gives the next owner an opportunity to decide what updates matter most. IMPORTANT 2025 UPDATES One of the biggest advantages of this property is that some of the less glamorous-but extremely important-work has already received attention. The property benefited from updates through a city grant program in 2025, including work to the home's gas and plumbing systems. The property also has newer gas and water lines. Those are important improvements for a buyer to consider when comparing this home with other older properties that may still have aging utility infrastructure. HEATING & COOLING The home currently utilizes a window air-conditioning unit for cooling and a propane wall heater for heat. That gives buyers a clear picture of the home's existing mechanical setup and an opportunity to determine whether they want to continue with the current system or explore other heating and cooling options in the future. BASEMENT Another feature you don't always find in a home at this price point is a basement. Whether used for storage, household items, seasonal decorations, tools, or other practical purposes, having that additional area gives the property functionality beyond its approximately 1,042 square feet of main living space. MATURE TREES & FRUIT TREES The exterior has its own personality. Established trees provide shade and help give the property a more private, mature setting. The property also features fruit trees, adding another element you won't necessarily find with a typical in-town home. A new owner could build on what's already here with landscaping, garden areas, outdoor seating, or simply enjoy having established greenery rather than starting with a completely bare yard. 201 SOUTH WAVERLY - AVAILABLE SEPARATELY OR AS PART OF THE PACKAGE The additional property at 201 S. Waverly creates an entirely different dimension to this offering. This approximately 75' x 160' lot is located near the Ponca City RecPlex and includes a detached garage. The garage property also has an area with the potential for a one-unit apartment-style setup, including space configured for a bedroom, bathroom and kitchenette. The electrical box has been updated. The property currently does not have a gas meter or water service, so any buyer considering residential, rental, workshop, storage, or other future use should independently investigate utility availability, zoning, permitting requirements and the feasibility of their intended plans. That makes the property especially interesting for someone willing to look beyond what exists today and consider what the space could potentially become. DIRECTLY NEAR THE RECPLEX Location is another important part of this opportunity. The properties are situated near the Ponca City RecPlex, giving the buyer convenient access to one of the area's major recreation facilities. For someone who regularly uses the RecPlex or simply appreciates being near established community amenities, this location provides an advantage. The additional Waverly property is particularly interesting because of its position near the RecPlex combined with the existing garage structure. AN INVESTOR'S OPPORTUNITY For an investor, there are several different components to evaluate here. You aren't simply looking at a basic house. You have a three-bedroom stone residence, a basement, updated utility infrastructure, mature trees, an additional lot option, and a detached garage structure with potential additional-use space. The home does need cosmetic work, but that can be an advantage for the right buyer. Cosmetic improvements allow an investor or owner-occupant to determine where money should be spent rather than paying upfront for renovations completed by someone else. Paint, flooring, fixtures, landscaping and other improvements can be completed strategically and according to budget. FIRST-TIME BUYERS - DON'T OVERLOOK THIS ONE This property may also be worth considering for a buyer trying to enter homeownership without purchasing a much more expensive house. At $40,000 for the home, the purchase price is significantly different from many properties on today's market. A buyer could focus on improving the property gradually while creating a home that reflects their own style. With three bedrooms, there's also flexibility. Use all three as bedrooms, or designate one as an office, guest room, hobby space or additional storage. The approximately 1,042-square-foot footprint keeps the home manageable while still providing three separate bedrooms. PURCHASE OPTIONS The seller is providing buyers with three straightforward options: 200 S. Washington Home - $40,000 Purchase the 3-bedroom, 1-bath stone home separately. 201 S. Waverly Lot - $10,000 Purchase the additional lot and garage property separately. PACKAGE DEAL - $45,000 Purchase 200 S. Washington + 201 S. Waverly together for $45,000. For someone interested in both properties, the package creates an opportunity to acquire the entire offering for less than the combined individual asking prices. BRING YOUR IDEAS 200 South Washington isn't being marketed as a completely remodeled, high-priced property. That's part of its appeal. It's an affordable home with character, important updates already completed, and room for the next owner to continue improving it. The stone exterior gives it personality. The three-bedroom floor plan gives it functionality. The basement provides additional space. The 2025 gas and plumbing improvements address important infrastructure. The mature and fruit trees give the exterior an established feel. And the optional 201 S. Waverly property adds another layer of potential with its lot, garage and apartment-style space. For a buyer searching for an affordable Ponca City home, an investment project, or a package with more than one property, this one deserves an in-person look. PROPERTY HIGHLIGHTS 200 S. Washington • Approximately 1,042 sq. ft. • 3 bedrooms • 1 bathroom • Beautiful stone exterior • Living room • Kitchen • Laundry area • Basement • 2025 city-grant gas and plumbing updates • Newer gas and water lines • Window A/C • Propane wall heater • Mature shade trees • Fruit trees • Cosmetic improvement opportunity • Convenient Ponca City location near the RecPlex 201 S. Waverly • Approximately 75' x 160' lot • Located near the Ponca City RecPlex • Detached garage • Potential one-unit apartment-style area • Bedroom area • Bathroom area • Kitchenette area • Updated electrical box • No current gas meter or water service PRICING 200 S. Washington: $40,000 201 S. Waverly: $10,000 PACKAGE BOTH PROPERTIES: $45,000 Whether you're looking for an affordable home to make your own, an investment opportunity, additional property for a workshop or storage, or a package with future possibilities, 200 South Washington and 201 South Waverly offer a combination that's difficult to duplicate at this price point. Schedule your showing and come take a closer look at the possibilities.