Completely remodeled and move-in ready! This beautifully updated 3-bedroom, 2-bath home in Panama offers the perfect combination of modern style, quality craftsmanship, and everyday comfort. Originally built in 1997, the home has been extensively renovated with nearly every major component updated. The spacious kitchen features real wood cabinetry, quartz countertops, updated fixtures, and premium finishes, making it the centerpiece of the home. Both full bathrooms have been beautifully remodeled with contemporary finishes and quality craftsmanship. Major improvements include individual mini-split heating and cooling systems in every room for personalized comfort and energy efficiency, a new metal roof, new energy-efficient windows, new interior and exterior doors, new exterior siding, drywall throughout, updated flooring, fresh paint, modern lighting, and designer finishes throughout. Outside, you'll enjoy two covered decks, a fully fenced yard, attractive brick underpinning, and a permanent foundation, all situated on an approximately 80' × 160' lot in an established Panama neighborhood. This home has been thoughtfully transformed from top to bottom, offering buyers peace of mind with extensive updates and the convenience of move-in-ready living. If you're looking for a home where nearly everything has been renovated, this one deserves a place at the top of your list!
Well-maintained home conveniently located in Panama, OK! This charming property features 2 bedrooms, 1 bathroom, and 912 heated sqft., making it the perfect starter home for a young or growing family, as well as an excellent investment opportunity. Inside, you'll find a spacious living area filled with natural light, a functional floor plan, generously sized bedrooms with ample closet space, and an updated bathroom featuring modern fixtures and finishes. The kitchen offers abundant cabinet storage and plenty of workspace for everyday cooking and meal preparation. Outside, the detached shop/outbuilding provides valuable additional space for tools, equipment, hobbies, a workshop, or extra storage, offering flexibility to fit a variety of needs. The spacious yard provides room for outdoor activities, gardening, or future improvements. Conveniently situated just minutes from Panama schools, shopping, dining, and everyday amenities, this property also offers easy access to Poteau, Spiro, and surrounding communities, making it an ideal location for commuters or anyone looking to enjoy the comfort of small-town living with nearby conveniences. Whether you're searching for an affordable place to call home or a property with excellent rental potential, this home is full of opportunity and ready for its next owner.
"COUNTRY LIVING WITH TWO SHOPS, 1.26 ACRES & STUNNING CAVANAL HILL VIEWS!"....Welcome to this exceptionally well-maintained 3-bedroom, 2-bath brick home situated on 1.26 beautiful acres with stunning views of Cavanal Hill. The open-concept floor plan offers a spacious and inviting living area that flows seamlessly into the kitchen, featuring a stainless steel refrigerator, a pantry and plenty of room for entertaining. For added peace of mind, the home includes an infrared propane heater, providing dependable backup heat source so you'll stay warm even during power outages. Rural water services the home, however, property also includes a 180-ft water well. A pump is not currently installed, giving the new owner the flexibility to equip to suit their specific needs. This existing well could be a valuable asset for agricultural, or recreational use. Outside, you'll find everything you need for work, hobbies, and storage, including a 24x32 insulated shop complete with heat and air, a 16x24 shop, and a 12x20 storage building. The property boasts rich, productive soil that has supported a thriving garden year after year, along with three plum trees and one apple tree. Conveniently located near schools, shopping, and everyday amenities, this property offers the perfect blend of country living and accessibility. Just 15 minutes to Poteau, Oklahoma, 30 minutes to Fort Smith, Arkansas, with direct flights available to DFW, and approximately 2 hours to Tulsa, making travel and commuting a breeze. If you've been looking for a move-in-ready home with acreage, shops, fruit trees, garden space, and beautiful mountain views, this property is a must-see!
"COUNTRY LIVING WITH TWO SHOPS, 1.26 ACRES & STUNNING CAVANAL HILL VIEWS!".....Welcome to this exceptionally well-maintained 3-bedroom, 2-bath brick home situated on 1.26 beautiful acres with stunning views of Cavanal Hill. The open-concept floor plan offers a spacious and inviting living area that flows seamlessly into the kitchen, featuring a stainless steel refrigerator, a pantry and plenty of room for entertaining. For added peace of mind, the home includes an infrared propane heater, providing dependable backup heat source so you'll stay warm even during power outages. Rural water services the home, however, property also includes a 180-ft water well. A pump is not currently installed, giving the new owner the flexibility to equip to suit their specific needs. This existing well could be a valuable asset for agricultural, or recreational use. Outside, you'll find everything you need for work, hobbies, and storage, including a 24x32 insulated shop complete with heat and air, a 16x24 shop, and a 12x20 storage building. The property boasts rich, productive soil that has supported a thriving garden year after year, along with three plum trees and one apple tree. Conveniently located near schools, shopping, and everyday amenities, this property offers the perfect blend of country living and accessibility. Just 15 minutes to Poteau, Oklahoma, 30 minutes to Fort Smith, Arkansas, with direct flights available to DFW, and approximately 2 hours to Tulsa, making travel and commuting a breeze. If you've been looking for a move-in-ready home with acreage, shops, fruit trees, garden space, and beautiful mountain views, this property is a must-see!
"COUNTRY LIVING WITH TWO SHOPS, 1.26 ACRES & STUNNING CAVANAL HILL VIEWS!".....Welcome to this exceptionally well-maintained 3-bedroom, 2-bath brick home situated on 1.26 beautiful acres with stunning views of Cavanal Hill. The open-concept floor plan offers a spacious and inviting living area that flows seamlessly into the kitchen, featuring a stainless steel refrigerator, a pantry and plenty of room for entertaining. For added peace of mind, the home includes an infrared propane heater, providing dependable backup heat source so you'll stay warm even during power outages. Rural water services the home, however, property also includes a 180-ft water well. A pump is not currently installed, giving the new owner the flexibility to equip to suit their specific needs. This existing well could be a valuable asset for agricultural, or recreational use. Outside, you'll find everything you need for work, hobbies, and storage, including a 24x32 insulated shop complete with heat and air, a 16x24 shop, and a 12x20 storage building. The property boasts rich, productive soil that has supported a thriving garden year after year, along with three plum trees and one apple tree. Conveniently located near schools, shopping, and everyday amenities, this property offers the perfect blend of country living and accessibility. Just 15 minutes to Poteau, Oklahoma, 30 minutes to Fort Smith, Arkansas, with direct flights available to DFW, and approximately 2 hours to Tulsa, making travel and commuting a breeze. If you've been looking for a move-in-ready home with acreage, shops, fruit trees, garden space, and beautiful mountain views, this property is a must-see!
This brick building offers over 5,000 square feet per the owner, of space and sits on 8 city lots, creating endless possibilities for investors, entrepreneurs, or buyers with a vision. The structure is in need of substantial renovation, making it an ideal candidate for a commercial redevelopment project, a unique residential conversion, or a complete transformation into something entirely new. Water and electric are already on site, providing a head start for your plans. The additional lots offer flexibility for parking, future development, expansion, or other uses. Whether you're looking for your next investment project, a place to establish a business, or a property with enough space to create a one-of-a-kind home, this property is ready for someone to bring it back to life and unlock its full potential.
15 Pristine Acres – Dual Parcels with Premium Utilities & Limitless Potential Discover the perfect canvas for your dream estate, family compound, or investment venture. This exceptional 15-acre property offers an incredible blend of accessibility, natural privacy, and development flexibility, uniquely divided into two separate, legal parcels (4 acres and 11.3 acres). The Ultimate Location Benefit: Enjoy the perfect compromise of country peace and community convenience. This property sits outside the city limits—giving you maximum freedom with fewer restrictions—yet is less than 1 mile from the town of Panama. Perfect for Families: If you have children or are planning for the future, the property is located a convenient 1/2 mile from the elementary school, making morning drop-offs an absolute breeze. Premium Road Frontage & Easy Access: The 4-acre parcel boasts excellent, direct frontage along Rock Jail Road, perfect for an impressive main entrance or an independent homesite. The expansive 11.3-acre parcel features an established driveway, ensuring effortless access to the heart of the property. Ready-to-Build Utilities: Avoid the massive expense and headache of off-grid development. OGE Electric and Rural Water 14 are conveniently available right at the road, making your build process significantly smoother. Blazing Fast Connectivity: Stay perfectly connected while enjoying your rural sanctuary. Dobson Fiber Optic Internet is available, delivering ultra-fast, synchronous speeds—ideal for remote work, streaming, and smart-home setups. Natural Privacy & Multi-Generational Appeal: The two parcels are beautifully separated by a mature, natural tree line. Keep the entire acreage as a massive, private sanctuary, build on one and sell the other, or create a private multi-family layout where everyone has room to breathe. Proven Groundwork: Skip the uncertainty—perc tests have already been successfully completed for both parcels.


Panama is located in Oklahoma. Panama, Oklahoma 74951has a population of 1,327. Panama 74951 is less family-centric than the surrounding county with 19.06% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Panama, Oklahoma 74951 is $41,908. The median household income for the surrounding county is $43,049 compared to the national median of $69,021. The median age of people living in Panama 74951 is 33.1 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 27.3 degrees. The average rainfall is approximately 47.9 inches per year, with 2.7 inches of snow per year.