20480 NE 164th Street
Luther, OK, 73054 $ 5,900,000
Bedrooms-- Baths-- Sq 11,000 Monthly Estimate*
$ 37,253
for $5,900,000. This 11,000 square foot building was built in 2026 on a lot size of 65.
Bella Grove is a fully operational luxury wedding and event venue offering an exceptional turnkey investment or owner-user opportunity. With weddings and events already booked through the remainder of the year, the property provides immediate income and an established business with future revenue already in place. Nestled on 65 breathtaking acres of rolling countryside, this custom-built venue offers the perfect setting for weddings, corporate events, private celebrations, and special occasions. A grand gated entrance and winding paved drive lead to a stunning venue surrounded by mature trees, a scenic pond, and breathtaking Oklahoma sunsets. The property features approximately 11,000 square feet under roof, including 8,000 square feet of enclosed event space with dramatic floor-to-ceiling windows, a luxury bridal suite with a private bath and multiple makeup stations, a groom's lounge with a bar and pool table, a catering kitchen, premium sound system, ample parking, and approximately 95,000 square feet of paved roads. Inside, soaring ceilings, elegant chandeliers, exposed wood beams, and reclaimed wood accents create a warm yet sophisticated atmosphere for unforgettable events. Beautiful indoor and outdoor gathering spaces provide flexibility for celebrations of every size. An additional adjoining 50-acre property featuring an approximately 10,000-square-foot custom home, horse facilities, and shop is also available for purchase, creating a rare opportunity to expand the estate or acquire an exceptional luxury residence alongside this premier event venue. Bella Grove is a rare opportunity to acquire an established, income-producing venue with immediate cash flow, an outstanding reputation, and exceptional long-term potential.
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FeaturesGeneralSewer Septic Tank
Heating Electric
Zoning Commercial
Garage Spaces 95000
Construction Materials Metal Siding
Year Built 2026
Stories Count 1
Property Subtype Special Purpose
County Oklahoma
Property Type Commercial Sale
Status Active
Directions From I-35 & Waterloo Rd go east on Waterloo Rd to Luther Rd. North on Luther Rd to NE 164th St. East on NE 164th St. Property is on the north side.
City Luther
Lot Size Square Feet 4791600
Standard Status Active
Tax Lot 000
Cap Rate 7
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ExteriorWater Source Well
Lot Size Acres 65
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $37,253
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Luther, OK
Average List Price $2,617,250
Percent of Sale Price 56%
About Luther, OK 1,382 Population
27% Since 2002
$ 65,751 Median Income
39.89 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
304713 Elementary School
304843 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/17/2026 | $5,900,000 | | Listed Price |