Rare opportunity in the heart of Nichols Hills — a custom-built home ready for your finishing touches. This unique property was professionally started as a high-end custom build and presents an exceptional opportunity for an investor, builder, or end-buyer looking to complete a truly one-of-a-kind home on their terms. The heavy lifting is done: electrical and plumbing have passed all rough inspections, and HVAC has received a partial inspection — sufficient to allow full drywall installation to proceed. The home is fully spray foam insulated for superior energy efficiency. A full set of architectural plans by acclaimed OKC architect Sam Gresham conveys with the property, making it easy to pick up right where construction left off. Pre-wired throughout for a full smart home setup — structured wiring for cameras, audio/video distribution, alarm systems, and more. All Pella windows installed. High-end hardwood flooring and tile completed throughout the entire home. In-ground tornado shelter included — a must-have in Oklahoma. Materials to finish all closets and trim throughout the house convey with the property. This isn’t a distressed flip — it’s a quality-built shell waiting for its interior finishes. The four-bedroom layout is thoughtfully designed by Gresham with a great flow that’s hard to find in new construction. Located in prestigious Nichols Hills, one of Oklahoma City’s most sought-after communities. Priced to reflect its current condition and the opportunity it represents. Seller financing available — making this an even more accessible opportunity for the right buyer. Finish it out as a custom masterpiece or flip it fast — the bones are exceptional.
Central Oklahoma City, located between Downtown OKC and the Oklahoma State Capitol, is a historic and civic Oklahoma City neighborhood with a skyline backdrop and a grid of early 20th-century streets. The neighborhood’s character concentrates around NW 23rd Street and N Classen Boulevard, where marquees, patios, and late-night storefronts line the sidewalks. Community pillars include the Tower Theatre, Ponyboy, and the Oklahoma City Museum of Art. Brick walk-ups and bungalow blocks mix with midcentury commercial strips and newer infill. Myriad Botanical Gardens and Scissortail Park frame daily routines with lawns, paths, and seasonal programming. The streetcar and bike lanes stitch together galleries, coffee counters, and performance venues.
Provided by Walk Score and Local Logic
Offer insights
1601 Randel Rd · $1,440,000
$1.45M and above
75% chance or better to win
Why $1.45M+ is a strong offer
DAYS ON MARKET
1 days
The average home goes pending in 31 days.
SALE-TO-LIST
98.3%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Bathroom
Living
Interior features
Two living areas
Gas log fireplace
Study
Bedrooms
4 bedrooms
Bathrooms
3 full bathrooms
1 half bathroom
Heating & cooling
Electric heating
Electric cooling
Exterior features
Covered porch
Corner lot
Below-ground storm shelter
Home design
Single-family residence
Two levels
Property faces east
Residential property under construction (estimated completion 2026-09-30)
Parking
2-car garage
Construction
Brick and frame construction
Composition roof
Slab foundation
Built (under construction) — estimated completion September 30, 2026
Utilities
Standard electric service
HOA & community
No mandatory association dues
Financial info
Property not assumable
Seller indicates loan qualifying does not apply
Other
Living area reported as 3,207 (source: assessor)
Electricity and solar
View estimated energy costs and solar savings for this home
Under $200 a Sq ft. Finish out this home and make it your dream house! Pella Windows, Wired for a generator, Large Laundry Room, Spray foam insulation. Bank owned-partially finished. Ceilings have been raised, wood floors installed and some bathroom flooring and tile work have been complete. Includes all materials that are on the property.
MLSOK as Distributed by MLS Grid #981347
Dec 29, 2021
Sold
$325,000
$101/sq ft
Oct 27, 2021
Pending
—
Oct 25, 2021
Listed
$320,000
$100/sq ft
MLSOK as Distributed by MLS Grid #917079
Sep 28, 2020
Sold
$230,000
$72/sq ft
Sep 1, 2020
Pending
—
Aug 13, 2020
Price Changed
$298,000
$93/sq ft
Aug 3, 2020
Relisted
—
Jul 20, 2020
Listing Removed
—
Jul 2, 2020
Price Changed
$323,000
$101/sq ft
Jun 23, 2020
Listed
$350,000
$109/sq ft
MLSOK as Distributed by MLS Grid #891254
Jun 23, 2020
Listing Removed
—
Dec 17, 2019
Relisted
—
Nov 25, 2019
Listing Removed
—
Nov 21, 2019
Listed
$349,000
$109/sq ft
Public Records
Jul 1, 1993
Sold
$170,000
$53/sq ft
Public Records
Jan 23, 1992
Sold
$110,000
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,681 (+4.7%)
$10,985 + $959
$11,944
2024
$1,605 (+6.0%)
$10,463 + $913
$11,376
2023
$1,514 (+9.5%)
$10,463 + $913
$11,376
2022
$1,382
$9,387 + $1,448
$10,835
2021
$1,382 (−68.2%)
$9,387 + $1,449
$10,836
2020
$4,341 (+6.0%)
$9,387 + $1,366
$10,753
2019
$4,095 (+12.1%)
$8,762 + $23,887
$32,649
2018
$3,652 (+5.2%)
$11,010 + $20,084
$31,094
2017
$3,473 (+1.0%)
$10,613 + $18,137
$28,750
2016
$3,438 (+3.5%)
$10,613 + $18,137
$28,750
2015
$3,321 (+5.3%)
$11,940 + $15,973
$27,913
2014
$3,155 (+4.2%)
$11,287 + $15,023
$26,310
2013
$3,029
$11,287 + $15,023
$26,310
Public record
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
1992
Finished Sq. Ft.
2,056
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,056
Year built
1963
Style
Other
County
Oklahoma County
APN
2619-16-987-1400
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 17, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 107° expected this year, 19 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Nichols Hills, OK • 73116
Average low and high temperatures (°F)
48
28
59
36
73
49
74
56
79
61
89
71
92
75
89
73
86
67
80
60
65
46
56
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 1601 Randel Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $360,000 and $1,706,250.
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $360K to $1.7M.