This property is located in the Promise Land area of Bull Shoals Lake in the North Fork Township of Mountain Home, Arkansas off of Country Aire Lane. The parcel is approximately 5 acres (M/L) and almost completely wooded with lots of mature hardwoods for plenty of natural shade. The terrain is mostly level with a slight slope upward to the South with many exquisite areas to build a home, drop a cabin, camper, or RV. This area of Mountain Home is unrestricted with no building codes so you can live how you choose. Build a huge lake house and park your water toys here or clear a spot to park your RV and relax, the choice is yours. There are many access point to Bull Shoals Lake about three miles from the parcel. Bull Shoals Lake is a large lake with over 94,000 acres and approximately 1,050 miles of shoreline.
Electric service is available off of Promise Land Road. There is no rural or city water service available so you will need to drill a well, set up a rainwater collection system, water cistern, etc. You will also need to have some sort of waste management system such as a septic system, lagoon, outhouse, composting toilet, etc.
Lease/Purchase: $250 per Month with $1,500 Down payment. Total purchase price: $21,900.
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