Multi-Home Property on 40 +/- Acres with 2 Ponds Close to Ozark!

Property Description

Calling all investors, hobby farmers, or folks just looking to make Arkansas their home. This 40 +/- acre property just south of Ozark, Arkansas is loaded with potential.

This excellent opportunity for a distressed property with tons of promise awaits the buyer of this diverse 40 +/- acres. The homes need some extensive remodeling and TLC, but this tract offers a bit of everything in one recreational homesite package. It has some pasture ground that could use some reclaiming and has previously supported up to 50 head of cattle. There are two ponds on the property, and at least one of them has been stocked with panfish, catfish, and bass. Throughout the property, you’ll find towering pines, majestic old-growth oaks, and even a few pecan trees. Near the center of the property is a fenced garden area that once produced a bountiful harvest. On top of all this, the property offers 1,400 +/- feet of paved road frontage.

The main house is a 1,430 +/- square foot home with a detached single-bay 24'x24' garage and a lean-to for additional storage. This home has its own parcel number and sits on 1 +/- acre, with the potential for a scenic view of the bigger pond. The second home is a cute 840 +/- square foot home that could make an excellent first-time home or rental property. This home also has its own parcel number, sits on 1 +/- acre, and is located just off the paved road on the northeast portion of the property. The third structure, referred to by the sellers as the cabin, sits closer to the southwest corner of the property. It could use the most work, but is perched in a beautiful spot with nice views off to the north. This spot would make for an excellent future homesite! Each dwelling offers Arkansas Valley Electric and Riversouth Rural Water, and while it doesn’t currently serve the homes, Wave Rural Connect high-speed fiber internet is also an option.

With three homes, two ponds, paved road frontage, and utilities already in place, this 40 +/- acre property is brimming with potential. It’s ideal for generating rental income, building a family compound, or reclaiming pasture for livestock. Do not overlook the hunting and fishing potential! Due to its AS-IS offering and required clean-up, the price is hard to beat for everything included.

Give land agent Chris Shadrick a call today to set up your private tour.