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Front exterior — 5308 NW 108th Terrace, Oklahoma City, OK 73162
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5308 NW 108th Terrace, Oklahoma City, OK 73162
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Bluff Creek — Oklahoma City, OK

$278,000 −2.5% since listing

5308 NW 108th Terrace, Oklahoma City, OK 73162

3 BD · 2 BA · 1,994 sq ft · Built 1980

$139
per sq ft
94
days listed
0.21
acre lot
2-car
garage
Type
Single Family Residence
Year built
1980
Garage
2-car attached
School district
Putnam City
MLS #
1235650

INCOME FROM DAY 1! This turnkey Airbnb offers investors the rare opportunity to step into an established, income-producing property from day one. Welcome to 5308 NW 108th Terrace! If you're seeking a truly turnkey home, this property offers the opportunity to move in and immediately enjoy its thoughtfully designed spaces without the time and effort of furnishing or decorating. With an acceptable offer, the home's furnishings, décor, and Airbnb essentials are negotiable, allowing for a seamless transition into your new home or investment property. This property boasts a beautifully maintained home nestled in one of NW Oklahoma City's most desirable locations. Situated just moments from Bluff Creek Park's extensive walking, running, and biking trails, this property offers the perfect blend of outdoor recreation and everyday convenience. Enjoy quick access to Lake Hefner, where scenic lake views and some of Oklahoma City's favorite restaurants create an unmatched lifestyle experience. Whether you're enjoying a morning walk through the trails, an evening dinner overlooking the water, or a weekend spent outdoors, this location truly has something for everyone. Inside, you'll find a warm and inviting floor plan designed for comfortable family living with 3 living areas, while outside, the expansive backyard provides ample space for entertaining, play, pets, gardening, or simply relaxing in your own private retreat. In addition to being an exceptional primary residence, this property has proven itself as a highly successful short-term rental and is currently operating as a fully booked Airbnb. Conveniently located near major highways, shopping, dining, parks, and recreation, this home offers the rare combination of location, lifestyle, and investment potential. Don't miss the opportunity to make this versatile property your next home or income-producing investment!

Price reduced$278,000
Sep 9, 2026 · −$2,000 (0.7%)
Price reduced$280,000
Aug 18, 2026 · −$1,999 (0.7%)
Listed for sale$285,000
Jun 20, 2026

History from MLS records since this home was listed.

Market context, not advice — your agent will help you decide.

The seller has asked that no price estimate be shown for this home. Here is how similar homes nearby sold.

99.3%
median sale-to-list
27
median days on market
94
days this home has been listed
How we got this
  • Similar homes in ZIP 73162 sold for a median 99.3% of their final list price (40 sales).
  • 50% of them sold at or above list price.
  • They took a median 27 days to go under contract and close. This home has been listed 94 days.
  • The price has been reduced 2 times (2.5% 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 73162 with similar bedrooms and size, Sep 2026–Nov 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.

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Monthly cost

— / month

Principal, interest, taxes, insurance, and HOA.

Assumes a $278,000 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?

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Liberty Link Group · licensed insurance agency

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Kurt Swink · Financial Concepts Mortgage

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Relationship disclosure: Homestead & Co's owner is a licensed mortgage loan officer with Financial Concepts Mortgage. Because of that relationship, this referral may provide the owner a financial or other benefit.

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Leave this unchecked and they will contact you by email only.

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.

MLSOK Listing provided courtesy of Lindsey Beaman, Brix Realty ((405) 594-8341). Status: Active.

Listings courtesy of MLSOK as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of Sep 23, 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 Sep 23, 2026, 12:36 AM CT. MLS # 1235650. Homestead & Co is a licensed Oklahoma real estate brokerage.

$278,000 −2.5%

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Oklahoma City · $236,000–$320,000 · 2–4 beds · 1–3 baths

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