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Front exterior — 111 W Ketchum Avenue, Ketchum, OK 74349
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Active
111 W Ketchum Avenue, Ketchum, OK 74349
Photo 1 — 111 W Ketchum Avenue, Ketchum, OK 74349
Photo 2 — 111 W Ketchum Avenue, Ketchum, OK 74349
Photo 3 — 111 W Ketchum Avenue, Ketchum, OK 74349
Photo 4 — 111 W Ketchum Avenue, Ketchum, OK 74349
Photo 5 — 111 W Ketchum Avenue, Ketchum, OK 74349
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Ketchum, OK 74349

$770,000 −0.6% since listing

111 W Ketchum Avenue, Ketchum, OK 74349

2,417 sq ft · Built 1973

$319
per sq ft
147
days listed
0.34
acre lot
Type
Restaurant
Year built
1973
MLS #
1215688

Located in Ketchum, Oklahoma, just minutes from the shoreline of Grand Lake o’ the Cherokees, The Lighthouse Restaurant & Supper Club is one of Grand Lake’s most recognized and established upscale steakhouses. With more than 30 years in business, this is not a startup concept — it is a proven destination with history, reputation, and loyal clientele. Known for quality steaks, elevated dinner service, a full-service bar, and an inviting supper club atmosphere, The Lighthouse has been a go-to gathering place for lake homeowners, weekend visitors, and local patrons for decades. From summer lake season to holiday dinners and special celebrations, this restaurant has built real staying power in the community. The building offers seating for approximately 150 guests, providing flexibility for dining, private events, rehearsal dinners, and entertainment nights. The spacious layout supports both intimate dining and larger group experiences. The full bar adds an additional revenue stream and enhances the overall guest experience. The property is fully equipped and truly turnkey. All kitchen equipment, tables, chairs, barware, furnishings, and operational essentials are included, allowing a new owner to continue operations seamlessly. The exterior has been freshly painted, the HVAC system is approximately 7–8 years old, and two additional mini-split units have been installed on each end of the building for added comfort and efficiency. Positioned along the main thoroughfare around Grand Lake, the restaurant benefits from strong visibility and consistent traffic flow year-round. Cherished recipes and long-standing menu favorites will convey with the sale, preserving the brand’s legacy while leaving room for the next owner’s vision. This is a rare opportunity to own a 30-year-established Grand Lake steakhouse with history, name recognition, and prime location — ready for its next chapter.

Listed for sale$775,000
Feb 27, 2026

History from MLS records since this home was listed.

Monthly cost

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Principal, interest, taxes, insurance, and HOA.

The MLS reports $1,690 in annual taxes, which may not reflect the next owner's assessment. This calculation starts with a planning allowance of 1.1% of the price. Adjust taxes below after confirming the amount with your lender or county assessor.

Principal & interest
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Property taxes
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HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.

MLSOK Listing provided courtesy of Shana Haley, McGraw REALTORS (BO) (405-348-4422). Status: Active.

Listings courtesy of MLSOK as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of Jul 24, 2026, 3:08 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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Data last updated Jul 24, 2026, 3:08 PM CT. MLS # 1215688. Homestead & Co is a licensed Oklahoma real estate brokerage.

$770,000 −0.6%

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