Just in time for spring and summer weather and fishing! This leasehold lot is one of the few remaining vacant lots on Lake Graham. Ideal for a future home, cabin, or RV space. Great location just of Highway 380, it offers easy access to Graham and Newcastle. The City of Graham owns the leasehold, but property owners of record have the option to purchase the property if desired. The present lease is $400 per year. A water meter is already in place from Ft. Belnap rural water supply. With some TLC and imagination, this lot offers the chance to build your dream lake front property escape. Motivated seller!