ATTENTION: HOME BUYERS, BUILDERS & INVESTORS!
10.3± Secluded Acres with 705± Ft. of Frontage Along the Beautiful Ouachita River Containing a 2 Bedroom/ 1 Bath A-Frame Log Home ~ Large 2-Car Garage/Party Room ~ The Riverview Subdivision is a Gated Development which Provides both Privacy, Great Views of the Ouachita River, and Lots of Deer running through the Property!
REAL ESTATE DESCRIPTION: This 2 Bedroom, 1 Bath A-Frame Log Home is Situated on 3 Platted Lots Containing a Total of 10.3± Secluded Acres, with a Total of 705± Feet of Frontage Along the Beautiful Ouachita River ~ Kitchen has a Range and Dishwasher ~ Home has a Standing-Seam Metal Roof ~ Wall Heater/AC Units keep the Home Comfortable ~ It has an On-Demand Water Heater, and there is a Wood Burning Stove in the Living Room ~ A Second Building has a Large 2-Car Garage with Storage, Plus a Party Room Overlooking the Ouachita River with a Full Kitchen and Bath ~ The Kitchen in the Party Room has Ceramic Countertops and Features a Dishwasher, Microwave, Gas Range, and has an On-Demand Water Heater ~ The Views of the River are Spectacular from the 16 x 60± Ft. Deck! ~ Both the Log Home and the Garage/Party Room Buildings need some Tender Loving Care but can be a Great Retreat or Full-Time Residence!
NOTE: The Septic System is Non-Functioning; the Buyer Will be Responsible for Installation of a New Septic System ~ Buildings are in a Flood Zone ~ Home is Currently Served by an On-site Well ~ Public Water Available on Riverpark Drive.
INSPECTION: Property Viewed by Appointment Only ~ Contact Agent Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com with Any Questions ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection & Registration on Auction Day.
CLOSING COMPANY: First National Title Company ~ 226 South Olive Street, Malvern, Arkansas 72104 ~ (501) 332-5767 ~ Fax/ 332-3386.
REAL ESTATE TAXES FOR YEAR 2025: $2,299.00
SCHOOL DISTRICT: Magnet Cove
TERMS: $25,000.00 Cashier’s Check made Payable to 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% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
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2nd_Amended_Bill_of_Assurance_and_POA_By-Laws_4-23-01.pdf
3rd_Amended_Bill_of_Assurance_10-14-2003.pdf
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