This parcel is approximately 5.8 acres (M/L) located on Duck Pond Lane near Elizabeth, AR, in an area known as Urban Acres. This property does allow mobile homes, but they must be at least 900 square feet and on a permanent foundation. There minimal restrictions for the parcel, and they will be listed below in the restrictions section. The land is located near a small lake town known as Elizabeth, Arkansas, which is just a few short miles North of Norfork Lake. The property is only about five miles from a beautiful little cove and a public access point with boat ramps for Norfork Lake. Less than a half of a mile from the parcel is the Holiday Hills Grocery, Boat, and R.V. storage.
The terrain of the land is various and has a gentle slope down to the South that will allow for a walkout basement or large walkout back deck. There are two creeks on the property, with one being seasonal and the other being located closer to the back of the property. The land has three-level with the first situated off of Duck Pond Lane, where the best building site is located. The next is passed the first seasonal creek and is a large level area that slopes down again to the other creek before climbing up back to another level area near the South end of the property. There is an electric pole directly across the street from the best building site or home site and the other being located near the NE corner. There is no city or rural waterline in this area, so you will need to drill a well for water. The good news is that there is a vast aquifer that runs along that entire area and will provide you with plenty of fresh water. There is also no sewer service, so you will need to have a septic system or lagoon installed.
If you have been looking for that spot to have your lake home or full-time home, then look no further. This is the land you have been looking for. Store your Boats, jet-skis, R.Vs, campers, and any other toys you want to have fun in and around the lake. Give us a call today to make this property your own at 1-417-469-4100 or text us at 1-314-833-8942.
Lease/Purchase: $290 per Month with $2,000 Down payment. Total purchase price: $29,900.
No credit checks, no prepayment penalties and no balloon payments!
To get started all that is needed is the Down payment 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 the interest is just 9.75% for land or 8.99% for land with a home ). 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 purchase agreement, the buyer will receive a deed.
These are the Restrictions: All lots in this subdivision shall be used as residential only. Mobile homes must be at least 900 square feet minimum and on a permanent foundation. There shall not be any goat, swine, or poultry kept on the property. No unlicensed vehicles shall be kept on the property.
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