Highly profitable acclaimed 4* restaurant & 11 nightly rental cabin business on beautiful Norfork Lake. Conveniently located near dam, business enjoys very loyal following attracted to area???s world class fishing & water sports on White River and both the Norfork River & k Lake. Restaurant includes rebuilt kitchen & seats 100 guests inside, 40 outdoor capacity on picturesque patio. Beautiful 5 yr old 3600 sf luxurious custom residence. Undermarketed, newly refurbished nightly rental cabins provide a great opportunity to work, live & enjoy the area. Popular, semiactive catering side business w opportunity to grow. New owner can manage, promote, grow business as all needed upgrades are completed. No marketing effort on cabins other than website phone#. 36ac adjoining property option to purchase. Exquisite property is a hidden gem for an entrepreneur looking to capitalize on exceptional location, impressive amenities & untapped potential. The perfect blend of nature, luxury overnights & culinary excellence.
Utilities Electricity Available, Propane, Septic Available
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Market Last 30 Days In This Postal Code
Property History
Date
Event
Price
Percent Change
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Current Price Source: Multiple Listing Service
New Value: $2,090,000
3/21/2024 2:15:39 PM
Price Increased Source: Multiple Listing Service
New Value: $2,090,000
4.76%
3/21/2024 12:30:10 PM
Price Reduced Source: Multiple Listing Service
New Value: $1,995,000
-13.26%
7/21/2023 2:19:00 PM
New in Database Source: Multiple Listing Service
New Value: $2,300,000
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* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Data based on information obtained from Northwest Arkansas Board of REALTORS® MLS for the period 2024 through 5/4/2024 8:44:11 AM PST.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Northwest Arkansas Board of REALTORS® MLS.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
