Fantastic building lot across from golf course, near lake.

Lead imageLooking near North from near SE cornerLooking near South from near SE cornerFrom near center looking near West on 5 Iron RoadLooking near North from near centerLooking near NE from SW cornerLooking near East from SW cornerLooking near East from 5 Iron road at entrance off HWY 7Looking near North from SW cornerLooking near SW from near SW corner towards golf courseAnother view near SE from tee on 5 Iron RoadView near SE from 5 Iron RoadGolf course club house and restaurant at end of roadFrom club house looking near SE across golf courseInfoAerial of parcelAerial of area showing parcel
Acreage
0.35 acres +/-
Monthly Price
$150/Month
County
Boone
State
Arkansas

Property Description

This parcel is approximately 0.35 of an acre (M/L) and located in a beautiful area known as Diamond City, AR. This property sits on the corner of 5 Iron Road and Highway 7 with easy access off of 5 Iron Road. The parcel is relatively level with a gentle slope to the West heading towards the golf course clubhouse to allow for proper water drainage. Full utilities run along 5 Iron Road including water, sewer, electric, high-speed internet, cable, and home phone service. Located directly across the road is the Diamond Hills Golf Course which is an 18 hole, par 71 course with rolling hills and amazing views of the Ozark mountains in the distance. Located less than two miles away from the property is the Lead Hill Campground, Sugarloaf Marina, boat ramp, and public use area for Bull Shoals Lake. Bull Shoals Lake is approximately 93,000 acres and stretches from Missouri into Arkansas with an average depth of 210 feet and one of the worlds largest dams; Bull Shoals Lake is the largest lake in Arkansas.

Diamond City, AR is a very peaceful city with tourist coming in during the warmer months and locals hanging around during the off-season. This area is a wonderful place to retire or build a vacation home and use it when you want then rent it out when you not in use for extra cash.

Restrictions: Diamond City has a leash law for dogs, and cats are to be kept at a minimum of 2-3 on the property. No Livestock are permitted within city limits and there are building codes. Homes are to be a minimum of 800sqft with a slab foundation or crawlspace, if you are looking to build on stilts please call Diamond City City Hall at (870)-422-712 and talk with the building inspector regarding your plans. Modular homes are fine as long as they adhere to their building codes and no mobile homes are permitted on these lots via city ordinance.

LEGAL DESCRIPTION: TR Plat L1

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Property Details

  • Acres: 0.35
  • Monthly: $150
  • Location: 5 Iron Road, Diamond City, Arkansas
  • Taxes: About $125/year.
  • Zoning Residential
  • Terrain: Mostly level
  • Access: 5 Iron Road
  • Utilities: Electric, Water, Sewer

Property Features

Near Town
Electric Available
City Sewer
Lake
Valley
Views

Property Location

Property Terms & Pricing

Lease/Purchase: $150 per Month with $1,000 Down payment. Total purchase price: $6,900.

Owner Financing Terms:

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:

Payment Options:

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

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