Land with Home for Auction in Alva, Oklahoma

NOTE: This is an auction. The price referenced above is not an asking price but rather a suggested opening bid. AUCTION — June 3, 2026 | 10:00 A.M. Auction Location: 1301 S 8th Street, Alva, OK Call for a private showing any day prior to auction. Welcome to 1301 S 8th Street in Alva, Oklahoma — a rare in-town acreage property offering space, flexibility, and an exceptional opportunity for immediate equity and value. Offered together with 1421 Young Street, Alva, OK, this combined 3.13-acre MOL package sits just steps from Northwestern Oklahoma State University’s campus, ball fields, restaurants, and elementary school. Be sure to take a look! The Main Home features 4–5 bedrooms, 2.5 bathrooms, and 3,017 square feet of living space. The ranch-style, one-story layout includes a formal dining room, family room, woodburning fireplace, and generous storage and closet space throughout. The master bedroom can be divided into two rooms, allowing for up to six bedrooms total. The home has a metal roof with central gas heat and central electric cooling. A 2-car attached garage and 2-car carport provide ample covered parking. The unfinished basement serves as both a storm shelter and mechanical room. Multiple outdoor living areas include covered patios off the master bedroom, living room, garage, and shop — ideal for entertaining. Included appliances and mechanicals: Oven/Range, Microwave, Dishwasher, Garbage Disposal, Water Softener, Reverse Osmosis, Sump Pump, Central Heat & Air, Tankless Water Heater. New Shop — 40x90 Metal Frame (Built 2023): This impressive structure offers 2,800 sq ft enclosed, with a 40x50 shop area & 40x20 unfinished living quarters framed for 3 bedrooms/offices and 1 bathroom, plus a 40x20 covered porch. The living quarters section is insulated, plumbed, wired, and equipped with HVAC — nearly move-in ready. Finishing materials including drywall and doors are included with the purchase. Automatic overhead doors. North Shop — 40x30 Wood Frame (Built 2012): 1,200 sq ft with concrete floors and manual overhead doors. The property features a huge yard, multiple patios, outbuildings, guttering, fencing, city water, and city sewer — all on a quiet dead-end street. Reserve set well below the 2025 appraised value of $465,000 — bid your price. Providing an excellent opportunity for immediate equity and value. LEGAL DESCRIPTIONS: Parcel 1 (1301 S 8th St): ALVA MISC. TRACT #87, ALVA CITY TR. in S/2NE 26-27-14; BEG. 80’S of NE cor SWNE; W.150’; S.60’; E.40’; S.370’; E.240’; N360’; W.130’; N.70’ TO POB. Parcel 2 (1421 Young St): NORMAL HILL; BLK 4 LOTS 1 & 2 Parcel 3 (1421 Young St): ALVA MISC. TR #111 26-27-14; BEG 510’S. OF NW COR SENE E&W 155’ X S&N 110’ 2025 Taxes: Approximately $3,824 for all 3 parcels combined. 2026 taxes will be prorated to the day of closing. AUCTION TERMS & CONDITIONS Possession: Possession shall be granted upon payment in full of the purchase price and transfer of title at closing. Registration: All bidders must register with a valid form of ID and agree to auction terms and conditions prior to bidding. Bidders wishing to authorize another individual to bid on their behalf must provide a written letter of authorization. Contact the Auction Company for details. Terms: A 10% earnest deposit of the purchase price is due day of auction and will be held in escrow. The balance is due upon delivery of merchantable title. All information is obtained from sources believed to be reliable; however, no guarantee is made by the auction company or its principals. Buyers are encouraged to satisfy themselves as to acreage, size, and condition prior to auction day. All inspections and lending approvals must be completed prior to the auction. No contingencies. Any announcements made day of auction supersede all prior advertising. Phone bidding available — call listing agent for info. Property preview: Call for a private showing any day prior to auction.