This land is located near Yellville, Arkansas just across the Missouri line. You will need to either cross through Missouri near Theodosia by car or access the parcel by ferry through Arkansas. The property for sale is approximately 6.4 acres (M/L) and located on a deep-water cove of Bull Shoals Lake, the largest of the twin lakes. Located just off County Road MC-163 this wonderful property would make the perfect place to build your get-a-way home or cabin. The parcel sits far outside the city limits and therefore has no building restrictions or codes so you can stay in your RV or camper all year long if you wish. Being that there are no building restrictions or codes this means that you also do not have to have a single permit to build your own home, cabin, barn, shed, etc.
The way this land lays is perfect for a home-site. The land slopes gently up towards the North right off the access road for a few hundred feet before leveling out on a shelve that sits approximately 800 feet above the water level and put the building site far outside the area for any flooding concerns. The land then begins to slope down gently North towards the lake providing the opportunity for a beautiful view of the cove the parcel sits on and allowing for optimal water drainage. Electric is available and runs along the South end of the property just off the access road. There is no rural or city water or sewer available to the parcel as it is far outside the city limits. However, being outside the city limits and the city rules allows you the opportunity to be creative with your solutions to not having these utilities readily available. The state of Arkansas does require anyone that has a septic system and/or well installed have a perc test done. However, there is no rule saying that you have to install either. I will post a link to some more information regarding perc tests below as well as some information about the area, surrounding area, and the lake.
There is a small strip of land between the property that is for sale and the lake. This strip of land is the Army Corp of Engineers take-line. You will have direct access to the lake through this area. The strip of land is just like government or state, public use land. You are welcome to use it, you just cannot alter it. You can also apply for a permit to put in a dock or boat slip if you wish.
Perc test information courtesy of Wikipedia.org: https://en.wikipedia.org/wiki/Percolation_test Activities Nearby: Bull Shoals Lake: This lake is comprised of 45,000 acres stretching from Southern Missouri down into Northern Arkansas with an average depth of 75 feet. You will find Large and small-mouth bass, Walleye, spotted bass, white crappie, catfish, and several other species of fish in the lake. The high rock bluffs of Bull Shoals are beautiful and great for diving (at your own risk). Theodosia Resort and Marina: The marina offers several boat launches, boat slips, picnic area, restaurant, and parking. Lost Woods Golf Course: This nine-hole golf course provides stunning views of the lake as you travel from hole-to-hole. There is also a newly remodeled lounge, shop, driving range, and ballroom that is available for weddings, reunions, and other events.
Borders Government Land
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 month's 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 & 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 warranty deed.
These are the Restrictions Specific to Homestead Crossing Inc: No mobile homes, junkyards or dumps. RV’s & Travel Trailers are Ok. No more than 5 dogs, no Pit Bull dogs.
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