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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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24279 178th Street, Spirit Lake, IA - $995,000

Condominium For Sale
  • 5 Beds
  • 3 Baths
  • 5,497 SQFT
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Beautiful Home On East Lake Okoboji. Spacious Living Room With A Stone Fireplace. Vaulted Ceilings, And So Much More To See. Over 5000 Sq Ft. And Includes A Garage Across The Street.

Mary Lynn Ingvall Ingvall Real Estate Team

15109 215th Avenue #11, Spirit Lake, IA - $980,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 2,250 SQFT
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There's No Place Like This! West Okoboji's Finest Penthouse Fully Furnished With The Finest Amenities Including Montgomery's And Dewitt Design Furniture In All Bedrooms, Living Room And Kitchen. Featuring 205' Of Spectacular Shoreline With A Beaut...

Peggy Bergh Keller Williams Okoboji

249 Lakeshore Drive #4, Arnolds Park, IA - $950,000

Condominium For Sale
  • 3 Beds
  • Baths
  • 2,520 SQFT
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A Premier Condominium On Smith's Bay With Spectacular West Lake Okoboji Views. This Three Level Park Place Unit Is Both Luxurious And Spacious. The Master Suite Is Private With A Beautiful Master Bath. There Is Also A Private Balcony Overlookin...

Michael Jensen Jensen Real Estate

15109 215th Ave 6, Spirit Lake, IA - $920,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 2,250 SQFT
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You Cannot Put A Price On This Penthouse View From Beaches Of West Lake. Completely Remodeled 3rd Floor, 3 Bedroom, 2 Bath Condo. Just To Name A Few Of The Updates: New Cabinetry, Plush Carpet And Luxury Vinyl Plank. 205' Of Spectacular Shoreli...

Peggy Bergh Keller Williams Okoboji

1605 Charlstrom Bch Rd. 204, Okoboji, IA - $675,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 1,773 SQFT
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Top Drawer Living In This 3 Bedroom 2 Bath Condo In Chalstrom Beach Plantation, This Unit Has Been Remodeled With A New Kitchen Like No Other Unit In Chalstrom Beach, Gas Fire Place, New Appliances Floor Coverings, New Shower And Roman Tub In Mast...

Rob Hinn Keller Williams Okoboji

304 Lake Drive C3, Arnolds Park, IA - $590,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 1,952 SQFT
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It's The Perfect Combination Of A Secluded Retreat In The Heart Of Okoboji. Quality Craftsmanship And Care Was Put On This Condo That Can Be Enjoy All Year Around With 3 Bedrooms And 2 Bathrooms. Open Concept Living Completed With A Fireplace In T...

Mary Lynn Ingvall Ingvall Real Estate Team

304 Lake Drive C4, Arnolds Park, IA - $575,000

Condominium For Sale
  • 3 Beds
  • 3 Baths
  • 1,705 SQFT
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Location! Location! Location! Do You Want To Be In The Heart Of It All At Lake Okoboji? Then This Is It! You Have The Best Of All Worlds With Prime Location, Maintenance Free Living, Large/private Common Areas Along With A Beautiful East Lake View...

Brooke Stecker REMAX Lakes Realty

425 240th Avenue 208, Arnolds Park, IA - $559,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 1,896 SQFT
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Rare Find! This Lakefront Corner Unit At Bridges Bay Features 3 Bedrooms And 2 Bathrooms Plus A Bonus Office/sleeping Area And Comes Fully Furnished For You And Your Guests. Standard Amenities Are Guaranteed A Hoist Space For $600 Per Year, The...

Brad Sanderson EXIT Realty Midwest

65 Lakeshore Dr. Drive #c-3, Arnolds Park, IA - $509,000

Condominium For Sale
  • 2 Beds
  • 2 Baths
  • 1,040 SQFT
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A 24' Wall Of Windows On Smith's Bay West Lake Okoboji Offers You Great Lake Views And Beautiful Sunsets From This Penthouse Unit. Watch The Fireworks From Your Large Lakeside Balcony. Your Living Room, Dining Room And Kitchen All Overlook The La...

Michael Jensen Jensen Real Estate

15520 Landings Avenue C2, Spirit Lake, IA - $464,900

Condominium For Sale
  • 2 Beds
  • 2 Baths
  • 1,266 SQFT
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This Penthouse Condo Overlooking Beautiful Blue West Lake Okoboji Could Be Your Dream Come True! It Is Move-in Read And Has Been Lovingly Maintained. The Open Floor Plan Together With The Vaulted Ceilings Make For A Nice Open Feel. Gather On The...

Nick Stauss Stauss Realty

455 240th Avenue 105, Arnolds Park, IA - $425,000

Condominium For Sale
  • 3 Beds
  • 2 Baths
  • 1,517 SQFT
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Stunning 1st Floor Condo In The Brooklyn Bridge Building Comes Fully Furnished And Has Underground Parking And Storage! Spacious And Updated, This 3 Bedroom, 2 Bath Is An Investors Dream...has Been A Great Rental Since 2015!

Teresa Olson EXIT Realty Midwest

16914 Inner Lane S C1, Spirit Lake, IA - $399,000

Condominium For Sale
  • 2 Beds
  • 1 Baths
  • 1,216 SQFT
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Welcome To Your Private West Lake Okoboji Get Away At West Shore Landings! This Nicely Updated 2 Bed 1 Bath Condo Is Perfect For Those Wanting To Get On The Lake With A Dock And Boat At A Great Price. This East Facing Unit Boasts Beautiful Sunri...

Aaron Jones REMAX Lakes Realty

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 29th, 2020 at 4:13am CDT.