Lakewood Park — Norman, OK
2616 Walnut Road, Norman, OK 73072
3 BD · 3 BA · 3,106 sq ft · Built 1959
The details
About this home
Long before Lakewood Park became one of Norman's most sought after addresses, there was a couple with a dream and a plot of land. This home was the very first built in the neighborhood, a lake retreat imagined for a young, growing town. Nearly seventy years later, it is being offered to the public for the first time in its history. There is something rare about a house that has never changed hands outside a family. The bones here tell that story: generous room sizes, real craftsmanship, and a layout built for gathering rather than passing through. Fresh paint and hardwood floors run throughout the downstairs, warming every room they touch. Two of the three bedrooms come with their own private bathrooms, a rare comfort for a house of this era. Two stories anchor the home on nearly half an acre, with two fireplaces to gather around through the seasons. Downstairs, a full sized basement holds a temperature controlled shop, ready for projects and hobbies any time of year (not included in the home's listed square footage). Step out to the balcony and look out over the neighborhood pool, included with ownership of this home, just steps from your own backyard. Only five minutes from the University of Oklahoma campus and the Sam Noble Museum, this address puts football Saturdays, museum afternoons, and campus life within easy reach, all while offering the quiet of an established, tree lined neighborhood. The first family wrote the first chapter here. Now it is time for the next one. Come see what this Lakewood Park original has to offer, and start writing your own story at 2616 Walnut Rd.
Price history
History from MLS records since this home was listed.
How much to offer
Market context, not advice — your agent will help you decide.
If this home sells the way similar homes here did
$522,000 – $593,000
87.1% – 98.9% of the $599,000 list price
How we got this
- Similar homes in ZIP 73072 sold for a median 98.9% of their final list price (40 sales).
- 45% of them sold at or above list price.
- They took a median 33 days to go under contract and close. This home has been listed 9 days.
- The price has been reduced 2 times (7.8% below its original price).
- Homes that sit longer or take price cuts have often sold below list here, so the range leans lower.
Source: MLSOK closed sales in ZIP 73072 with similar bedrooms and size, Jul 2026–Oct 2026 (40 sales). Sale-to-list uses each home's final list price. Condition, upgrades, terms and timing matter as much as price. This is not an appraisal or a valuation of this home.
Talk it through with an agentMonthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $599,000 price, 20% down, 30-year fixed rate at 7.24% (APR 7.24%). Includes taxes and insurance; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.
- Principal & interest
- —
- Property taxes
- —
- Home insurance
- —
- HOA
- —
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.
Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Oct 29, 2026, via FRED. An average, not a quote.
Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.
What will insurance cost on this home?
Get a free homeowners insurance quote from a licensed local agent.
Liberty Link Group · licensed insurance agency
Get a free quote
Liberty Link Group is a licensed Oklahoma insurance agency. A licensed agent will contact you.
A quote is not a policy or a binder. Coverage depends on the insurance company's review.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
Get pre-approved
A local lender can tell you what you can borrow — free, and it does not commit you to anything.
Kurt Swink · Financial Concepts Mortgage
Get pre-approved
Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
This is not a loan application, a rate quote, an offer of credit or a commitment to lend. Loan approval depends on the lender's review.
Equal Housing Opportunity.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
Recently sold nearby
Sold
Sold
Sold
Sold
Sold
Sold
Listing provided courtesy of Shavonne Buckner-Evans, Keller Williams Realty-Mulinix ((405) 329-6976). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Oct 21, 2026, 12:36 AM 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.
Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.
The listing information provided here is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use or search of this data other than by a consumer looking to purchase real estate is prohibited.
Data last updated Oct 21, 2026, 12:36 AM CT. MLS # 1240170. Homestead & Co is a licensed Oklahoma real estate brokerage.
Speak to an agent
We got your message
An agent will reach out shortly. Prefer to talk now? Call or text (405) 509-0541.
Get alerts for homes like this
Norman · $509,000–$689,000 · 2–4 beds · 2–4 baths
We will email you new listings that match, and when one changes price. See homes like this
You are set
You’re all set
Five quick questions
So the agent who helps you already knows where you are. Every one is optional — skip anything you’d rather not say yet.
Keep browsing
See every detail on this home
Tell us who you are to keep viewing listings, photos, and price history.
Already registered? Sign in