12483 Lodge Drive Lot 2, Garfield, AR 72732
Benton County
Key Facts
Description
Whitney Mountain Lodge - a rare gem perched 700' above Beaver Lake on +/- 6.8 acres! This property offers year-round, panoramic views of the lake, 16 rooms, outdoor patio, downstairs bar, and extensive renovations (2002-2003, hotel updates in 2010). This property is also likely the only redevelopment opportunity with sewer access, it offers an investor the potential to redevelop the site into many different uses, including, Corporate/Family Retreats, Recreational Facility, Hotel Units, Apartments, Mixed-Use Development, Resort Development, Condos, Convention Centers, or many other uses with stunning views of Beaver Lake. Imagine hosting weddings on the patio, opening an upscale restaurant, or hosting corporate retreats! With endless possibilities, you can create an unforgettable experience for every guest! Don't miss out on this extraordinary investment!
Property Information
Property Type
Commercial Sale
Sub-Type
Hotel/Motel
Year Built
1972
Stories
3
Living Area
15,867 sq ft
Lot Size
6.80 acres
Days on Market
37
MLS® Listing#
1345226
Property Features
Flooring
Utilities
Water Source
Financial Details
Annual Taxes
$15,400
Parcel Number
18-01361-000
Directions
Heading E on Hwy 62, turn right onto AR-127 E/Main St. Continue to follow AR-127 E. In approx. 4.1 miles, turn right onto Lodge Dr. In approx. 1.1 miles turn right. The property will be on the left.
Affordability Calculator
$1,094,200
Estimated monthly payment
$29,119/mo
Principal $4,376,800 · Est. interest $6,106,025 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Garfield, AR
- $661,538
- Median Listing Price
- 141
- Median Days on Market
- 2,312
- Median Sq Ft
- $293
- Median Price / Sq Ft
- 46
- Active Listings
- This home’s price is 727% above the area median.
- Its price per sq ft is 18% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Garfield, AR.
Location
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Points of Interest in Garfield, AR
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 17273 London Road, Garfield, AR | $6,180,000 | 2 | 2 | 1,535 |
| 17273 London Road, Garfield, AR | $6,180,000 | 2 | 2 | 1,536 |
| 17273 London Road, Garfield, AR | $6,180,000 | — | — | — |
| 18700 Knabenschuh Drive, Garfield, AR | $6,850,000 | — | — | — |
| 18700 Knabenschuh Drive, Garfield, AR | $6,850,000 | 6 | 6 | 4,930 |
Moving Cost Estimate
EXIT Agents in Garfield
Listing Courtesy: Keller Williams Market Pro Realty Bentonville West - 479-231-1352
Presented by: Salmonsen Group Realtors