This property is a great deal! The three lots that the cabin sits on are in a completely unrestricted section of Ozark Acres, Arkansas located in Sharp County. Ozark Acres essentially has two parts with one being restricted and requiring you to pay dues and the other being unrestricted and no dues are owed. So, what does this mean for you as the buyer? This means you can have your hobby farm with chickens, goats, etc.. This also means that you have a lovely cabin that you can move into and make improvements to without a single permit or inspection. Ozark Acres also has two private lakes, a marina, park, several other attractions that you can pay a fee each year to have full access of even though you do not live in the restricted section that automatically has access to these facilities. This is the best of both worlds! You get all the perks with none of the restrictions.
Okay, let's talk more about the property. The cabin sits on three adjoining lots that total about 0.43 acres (M/L) which equals a total of 18,750 square feet. The cabin is one of the largest cabins I have seen measuring in at 24x30 for a total of 720 square feet. The cabin is an open design with unfinished walls and floors. This means that the wall studs are exposed, and the floor is raw wood. This gives the new buyer a chance to design the layout of the cabin as they see fit. You can wire the cabin as you wish, choose your preferred insulation, walls, paint, and flooring to fit your taste. The cabin has a newer porch that attaches the front door. The foundation was recently updated to level the structure and ensure stability. There is an electric pole in the front yard if you choose to look into it, but you do not have to. There is plenty of standing timber on the property that provides natural shade for the cabin (as seen in the photos). There is also a very lovely clearing to the right of the cabin just past the driveway that would be perfect for a storage shed or garden area. There is also a seasonal creek that runs at the East end of the property. No matter how you look at it, this is an excellent piece of land to call your own.
Things to do nearby: Spring Lake: Is a spring fed lake that is open year-round for fishing and recreation. Spring Lake is only 4 minutes away from the property. Vagabond Lake: Is a recreational lake totaling 77 acres and open for fishing, boating, and swimming. Other attractions in Ozark Acres: A marina with boat slips for rent. A large swimming beach with playground, volleyball court, pavilion, and grills. Spring River: The river streathces for 57 miles from Missouri into Arkansas and is a favorite with locals and tourist alike for canoeing, kayaking, and floating.
Lease/Purchase: $250 per Month with $2,500 Down payment. Total purchase price: $24,900.
No credit checks, no prepayment penalties, and no balloon payments!
To get started all that is needed is the Downpayment in addition to first months payment due together. Then the payments are just the monthly payment.
*All of the payments paid the first year, including the down payment and any extra money paid, will be subtracted from the sale price with no interest ( after the first year interest is just 9.75% FOR LAND & 8.99% FOR HOMES ). After three years of payments being paid as scheduled (or 25% of the sale price has been paid off), this agreement will become a Purchase Contract or a Deed with note and Deed of Trust (Buyers’ choice). Upon completion of the contract, the buyer will receive a special warranty deed.
These are the Restrictions Specific to Homestead Crossing Inc:
Cash (In person only. Do not mail cash payments!)
Cashier's Check, Money Order, or Wire Transfer
Pay with credit/debit card
Payment can be made online through our website or wire transfer