$854,900 | N/A beds | 13 full baths | N/A half baths | N/A sqft
Gamaliel, AR 72537
- N/ABeds
- 13Full Baths
- N/AHalf Baths
- N/ASqFt
- 1979Year Built
- 4.50Acres
- MLS# 60314082
- Commercial Sale
- Active
- Approx Time on Market4 months, 17 days
- AreaBaxter
- CountyBaxter
- Subdivision N/a
Overview
Incredible opportunity to own a thriving resort nestled on 4.5+/- acres along the pristine shores of Lake Norfork. This turn-key property features a beautifully remodeled owner's home with 3 bedrooms, 2 full baths, and a cozy wood-burning fireplace. Conveniently attached is a spacious convenience store, serving as the last stop before the nearby Fout Boat Dock and public swimming area. The resort features 8 meticulously remodeled cabins and 2 remodeled mobile homes (cabins), offering comfort and charm to guests. Additionally, there are 13 RV spots, ensuring plenty of accommodation options for visitors. 12 of those spots are already booked year round, providing guaranteed income. Guests can enjoy amenities such as a playground, laundry facilities, and an inviting in-ground pool. A large deck provides a perfect spot for relaxation and social gatherings amidst stunning lake views. Situated just minutes from Mountain Home, and a stone's throw from lake access points, this property promises unlimited potential for both business and pleasure.
Association Fees / Info
Hoa: No
Building Info
Building Area Total: 2480
Roof: Composition
Exterior Features
Financial
Som Price Per Square Foot: $344.72
Garage / Parking
Parking: 2480
Garagetype: Gravel, 11-15 Spaces
Interior Features
Lot Info
Lot: Outbuilding(s), Wooded
Land Status: Land Included
Acres: 4.50
Marina Info
Misc
Miscellaneous: Additional Building(s), Smoke Detectors, Sign-Pole, Pool-In Ground, Laundry Facilities, Fixtures/Furniture, Fireplace
Insidecitylimits: No
Other
Foreclosure: No
Property Info
Year Built: 1979
Development Status: Existing
Business Type: Retail, Bed & Breakfast, Resort, Convenience Store, Hospitality
County: Baxter
Rental Info
Vacant Sqft: 2480.00
Sqft Info
Som Retail Space Sqft: 0.00
Som Warehouse Sqft: 0.00
Tax Info
Tax Year: 2024
Tax Amount Annual: 2055.71
Tax Provided By: Assessor Records
Unit Info
Utilities / Hvac
Cooling: Electric, Central Air
Utilities: Well, High Speed Internet, Septic Tank, Electricity Available
Heating: Electric
Waterfront / Water
Waterfront View: None
Lake River: None
Directions
From Mtn Home turn left on 101 a follow to turn right on Fort Road. Follow to the Bayou Resort. Watch for signsListings courtesy of Iron Brand Realty Llc
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