5472 Highway 62, Eureka Springs, AR 72632

$685,000
10,248
SqFt
List Price
$685,000
Status
ACTIVE
MLS#
ARKMLS-1230186
Sq. Ft
10,248
Acres
20.44
Year Built
1993
Subdivision
18-20-25

Property Description

This amazingly beautiful 20+ acre tract is steeped with History and Intrigue. The property was once a quarry where many rose colored limestone blocks were harvested and used in the construction of the Basin Park hotel. The property was purchased in the early 1970's by the original producer of the Great Passion Play, Robert Hyde. Robert was quite eccentric and had visions of grandeur for the development of this picturesque mountainside. He wanted to take full advantage of the Kings River Valley view and build a structure where you could see and be seen from miles away. Roberts Parabolic dome was and still is a one of a kind structure. The current investment value is in the 6 apartments along with the Cottage and Bungalow as well as the beautiful UNRESTRICTED 20+ acres that make up this unique tract. There are so many directions one could take in the development of this property. There is great potential and the Price is Right! We are looking forward to seeing a new vision brought to life. This is a magical place.

Additional Information

Taxes
$3,182
Roof
Asphalt, Shingle
Appliances
Electric Water Heater
Fencing
None
Foundation
Block, Slab
Levels
Two
School District
Eureka Springs
Heating
Central, Electric
Cooling
Central Air, Electric

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Century 21 Woodland Real Estate.