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An Okoboji Condo Buyer’s Guide

Posted by Eric Hoien on Thursday, August 30th, 2018 at 11:59am.

Condo Buyers Guide

Condos for sale in Okoboji are a great option for all kinds of buyers. Whether you are first-time buyer who appreciates the affordability of this market, a retiree who loves to golf, or you have a family and appreciate the great opportunities for recreation, there are plenty of reasons to move to Okoboji.

Especially if this is your first condo purchase, there are a few things that you will need to consider. Here is our Okoboji condo buyer’s guide.

Is Condo Living Right For Me?

Ownership

Condo ownership isn’t the same as homeownership. In some ways, owning a home is pretty straightforward. When you buy the property, you own the land and all of the structures upon it. When you invest in a condo, this is not so. With townhome-style properties, buyers are usually just purchasing the structure, not necessarily the shared land. Buyers of apartment-style condos usually pay for only the interior of their condo. Any repair or updates to the outside of the building are paid for using the condo fees that each resident pays a share of. It is important to understand exactly what you are purchasing when you buy a condo.

Size

In most cases, condos are smaller than houses, although there are certainly exceptions to that. For many people, living in a condo involves acclimating or downsizing to a smaller space. If you are a retiree and your children have moved away from home, this might be a welcome change. Likewise, if you a working individual or you have a small family, a condo might be the perfect amount of space. Many condos designs include two or three bedrooms.

It’s important to consider how important outdoor spaces are to you too. If you are the kind of person who loves to host outdoor barbeques and gardens, you might need to tailor your search to condos of the townhome variety (these are usually accompanied by a yard).

Budget

One of the major reasons that Okoboji condos appeal to so many of the buyers in the area, is the price. Condos tend to be some of the most affordable properties in the area. Okoboji condos for sale begin in value at around $100,000. On the high end of the market, lakefront luxury properties can sell for upwards of $700,000. Because there is such a wide range of prices, most buyers will find that an Okoboji condo fits into their budget.

New or Old?

When you embark on your Okoboji condo search, one of the things you might want to consider is whether you will be investing in a new or old condo. There are pros and cons to both. New condos tend to be free of the problems accompanied by old age. Having that said, depending on what stage of the home building process that you buy your home, it may be some time before you are able to move in. One of the most exciting aspects of buying a new home is the ability to work with the builder to craft the condo of your dreams. For many buyers, the process of designing their home is an exciting one, however, the process can be time consuming and stressful for some. When you choose to invest in an older home, you will find that these challenges aren’t a problem. The home that you see and like is the home you will be purchasing.

Where Should I Buy a Condo in Okoboji?

Avid golfers should know that the Inn Golf Course and the Brooks National Golf Club are both located centrally. This means that many Okoboji condos are only minutes from the fairways. If golfing is your passion you might want to consider a golf home.

With West Okoboji Lake and East Okoboji Lake flanking the town, most residents will find that they are near to at least one of the lakes where they can swim, boat, or fish. The most exclusive properties in this market tend to overlook the water. Residents on the water enjoy easy access to the marina where they can keep their boat.

What is the Lifestyle Like in Okoboji?

Okoboji owes its popularity to the wealth of recreation options that can be found throughout the area. Buyers of Okoboji condos will find that life has the potential to be full of afternoons on the lake, days on the fairways, weekends exploring nature preserves and state parks, and meals at highly rated restaurants. A great range of shops ensure that residents have everything they need, and a great range of services ensure that everyone between the age of one and one hundred and one will find plenty in Okoboji to keep them busy.

Start Browsing Okoboji Condos For Sale Below

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20798 170th Street 6d, Spirit Lake, IA - $799,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 2,402 SQFT
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Located In Summer View Heights Condominium West Okoboji Lake. This Completely Furnished Condo Is Fantastic Throughout. The Kitchen Boasts Custom Cabinets And Counter Tops, Gaggenau, Bosch, Duel Sub Zeros & Built In Appliances. Upgraded Fixtures An...

Mary Lynn Ingvall Ingvall Real Estate Team

15109 215th Avenue 6, Spirit Lake, IA - $769,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 2,250 SQFT
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West Okoboji Penthouse Condo Is For Sale. Set On Some 205' Of Dazzling Lake Frontage With A Sand Beach. This Condo Is Appointed With The Finest Amenities; Floor To Ceiling Windows And Sliding Doors Opening To An Unobstructive View. Detailed And T...

Mary Lynn Ingvall Ingvall Real Estate Team
Photo of Listing #18-1599

20792 170 Street # 3a, Spirit Lake, IA - $629,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 2,402 SQFT
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Summerview Heights 2nd Floor Unit With 3 Beds And 2 Full Bathrooms Has Excellent Partial Lake Views. You Will Love The Covered Balcony With Over 500 Sq. Ft. Of Lake Views And Privacy. There Is One Underbuilding Garage Space, With Elevator, And A O...

Michael Jensen Jensen Real Estate

20792 170th Street 4a, Spirit Lake, IA - $599,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 2,389 SQFT
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Take Lake Living To New Luxurious Heights With This Condo! It Has A Large Private Master Suite, Large Kitchen With An Island And A Breakfast Bar And So Much More. There Is A Large Dining Area And Two Guest Bedrooms To Accommodate Friends And Fam...

Kirk Stauss Stauss Realty

1114 Gordon Drive 6s, Okoboji, IA - $599,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 1,857 SQFT
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Amazing Home With Outstanding Views Of East Okoboji Lake. Located In The Desirable Okoboji Shores Condominium, This Condo Is A Must See! One Of The Largest Condos With Over 1800 Sq Ft. Of Quality Living. The Home Features A Large Open Concept Kitc...

Mary Lynn Ingvall Ingvall Real Estate Team

580 Linden Drive 406, Arnolds Park, IA - $589,900

Condominium For Sale
  • 4 Beds
  • 2 Baths
  • 1,731 SQFT
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4 Bedroom, 2 Bath Unit In The Newly Constructed Bayside Building At Bridges Bay Resort. Be The First To Experience The The Open Floor Plan And Upgraded Interior Finishes. While Inside You Will Notice Floor To Ceiling Windows For Unobstructed View...

Jeff Ronsiek EXIT Realty Midwest

580 Linden Drive 309, Arnolds Park, IA - $554,900

Condominium For Sale
  • 4 Beds
  • 3 Baths
  • 1,809 SQFT
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4 Bedroom, 3 Bath Unit In The Newly Constructed Bayside Building At Bridges Bay Resort. Be The First To Experience The The Open Floor Plan And Upgraded Interior Finishes. While Inside You Will Notice Floor To Ceiling Windows For Unobstructed View...

Jeff Ronsiek EXIT Realty Midwest

425 240th Avenue #206, Arnolds Park, IA - $549,500

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 1,820 SQFT
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Spacious And Beautiful Condo With Lake Views. Open Concept Floor Plan Offers The Kitchen With Stainless Appliances & Large Breakfast Bar, Nice Dining Area, Large Living Room With Fireplace, Master Bedroom/bath, 2 Additional Bedrooms, A Full Bath A...

Tom Geelan Farm & Home Services

580 Linden Drive 306, Arnolds Park, IA - $534,900

Condominium For Sale
  • 4 Beds
  • 2 Baths
  • 1,731 SQFT
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4 Bedroom, 2 Bath Unit In The Newly Constructed Bayside Building At Bridges Bay Resort. Be The First To Experience The The Open Floor Plan And Upgraded Interior Finishes. While Inside You Will Notice Floor To Ceiling Windows For Unobstructed View...

Jeff Ronsiek EXIT Realty Midwest

580 Linden Drive 206, Arnolds Park, IA - $534,900

Condominium For Sale
  • 4 Beds
  • 2 Baths
  • 1,731 SQFT
View details More Photos Save

4 Bedroom, 2 Bath Unit In The Newly Constructed Bayside Building At Bridges Bay Resort. Be The First To Experience The The Open Floor Plan And Upgraded Interior Finishes. While Inside You Will Notice Floor To Ceiling Windows For Unobstructed View...

Jeff Ronsiek EXIT Realty Midwest

1216 Gordon Drive #3n, Okoboji, IA - $525,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 1,775 SQFT
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Living Is Easy In This Impressive, Nicely Located East Okoboji Lake Condo. The Open Floor Plan Encompasses 3 Bedrooms, 2 Bathrooms And Updated Throughout. The Expansive Living Area Opens Up To A Nice Deck Overlooking The Panoramic East Okoboji Lak...

Mary Lynn Ingvall Ingvall Real Estate Team

580 Linden Drive 405, Arnolds Park, IA - $479,900

Condominium For Sale
  • 4 Beds
  • 3 Baths
  • 1,581 SQFT
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4 Bedroom, 3 Bath Unit In The Newly Constructed Bayside Building At Bridges Bay Resort. This Is A Top Floor Unit Boasts An Open Floor Plan And Has Expansive Sunset Views Of East And West Lake. You Will Also Have Access To Some Of The Best Ameniti...

Jeff Ronsiek EXIT Realty Midwest

To begin your search for Okoboji condos, register with the Hoien Realty Team. Our website includes advanced search features that enable you to narrow results by number of bedrooms, location, and price. For more information about buying Okoboji real estate, connect with one of our real estate experts. We will be happy to assist you.

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The information being provided by the Iowa Great Lakes Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on September 16th, 2019 at 6:13am CDT.