ATTENTION: VACATION RENTAL OWNERS, HOME BUYERS, BUILDERS & LAKE OUACHITA ENTHUSIASTS!
This Rustic 2,700+/- SF, 2-Story, 5BR/ 3BA House w/Shop & Stocked Pond, Sits on 3.35+/- Acres Conveniently Located Only 1/4 Mile off HWY 270 & Less than 1 Mile from Lake Ouachita ~ Offered in (2) Tracts & its Entirety ~ Selling On-site w/Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!
REAL ESTATE DESCRIPTION: This Rustic Log & Vinyl Siding Exterior, 2,700+/- SF, Craftsman Style 2-Story, 5 Bedroom/ 3 Bath House, w/Architectural Shingle Roof, was Remodeled in 2008, Featuring Custom Center Match Yellow Pine Walls & Ceilings Throughout ~ Home is Sitting on 3.35+/- Mostly Fenced Acres Conveniently Located Only 1/4 Mile off HWY 270 & Less than 1 Mile from Lake Ouachita ~ This Property will be Offered in (2) Tracts & in its Entirety & it’s Selling Regardless of Price to the Highest Bidder on Auction Day! ~ (TRACT 1) 1.76+/- Wooded Acres Containing the 2,700+/- SF, 2-Story, 5 Bedroom/ 3 Bath Home & Metal Shop Building, (2) Decks Overlooking a Fully Stocked Pond, Fire Pit, Outdoor Playground, (2) Carports, a Wrap-Around Drive, Ample Covered Parking w/Attached Garage & (2) Separate Detached Carports ~ This would make a Perfect Income-Producing VRBO Property ~ Home: Main Level Consists of a Kitchen & Dining Area w/Tile Floor, Ample Rustic Solid Wood Cabinetry, Kitchen Island, Gas Range, S/S French Door Fridge, Dishwasher & (2) Breakfast Bars ~ Spacious Living Room w/Pellet Stove ~ Master Suite w/Walkout Deck & Private Bathroom ~ 2nd & 3rd Bedrooms ~ 2nd Full Bathroom ~ Oversized Laundry Room w/Sink ~ Attached Garage w/Storage Area ~ Upper Level Consists of 4th & 5th Bedrooms w/Jack & Jill Bathroom ~ Climate Control Options Include Central Heat & Air, (2) Mini-Split Units, (2) Gas Heaters & Pellet Stove ~ Shop: 1,224+/- SF Metal Shop Perfect for Parking Boats, RV, Personal Watercraft, or ATVs, w/Loft Storage Area & a Recreational Room/Man Cave Complete w/Kitchen, Bar & Seating Area, Pellet Stove & Window A/C Unit ~ (TRACT 2) 1.59+/- Adjoining Acres w/Separate Electric & Water Meters ~ This Former Mobile Home Site would be an Excellent Building Site or Spot for a Mobile Home or RV ~ You can View this Property Anytime by Appointment ~ REMEMBER, THE ENTIRE PROPERTY IS SELLING REGARDLESS OF PRICE ON AUCTION DAY!
INSPECTION: Property can be Viewed Anytime by Appointment ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection on Auction Day.
CLOSING COMPANY: Lenders Title Company ~ Closing Agent: Shanda Dunlap ~ 110 Ouachita Avenue, Hot Springs, Arkansas 71901 ~ (501) 624-2541 ~ Fax/ 623-4552.
REAL ESTATE TAXES FOR YEAR 2020:
(TRACT 1) $575.00
(TRACT 2) $89.00
SCHOOL DISTRICT: Mt. Ida
TERMS: (TRACT 1) $20,000.00 ~ (TRACT 2) $5,000.00, All in the Form of a Cashier’s Check made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.
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