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Turnkey Wedding Venue and Cabin Resort
For Sale
$1,490,000

148-150 Passion Play Road, Eureka Springs, AR 72632

SINGLE_FAMILY - Eureka Springs, AR

Property Size4,300 SF
Lot Size14.43 Acres
Price / SF$346.51
Days on Market254

Property Features for 148-150 Passion Play Road

General Information

Property type Residential
Property subtype Retail
Zoning description Commercial
Rooms Basement
Parking features Parking Lot
Appliances GasWaterHeater
Lot features City Lot, Wooded
Directions Drive east on HWY 62 through Eureka Springs, then turn left onto Passion Play Road. The property is the 2nd building on your right.
Standard status Active
APN 925-02038-092
Size 4,300 SF
Lot size 14.43 Acres

Taxes and HOA fees

Tax Description Parcel #925-02038-092 Lot 12 Walden Addition, 925-02038-049, 925-0038-00
Tax Annual Amount 4628
Legal Description Parcel #925-02038-092 Lot 12 Walden Addition, 925-02038-049, 925-0038-00

Utilities

Sewer type Public Sewer
Heating system Central
Water source Public

Building Details

Year built 2016
Flooring type Concrete
Building materials MetalSiding
Roof type Metal
Listing Agency: Coldwell Banker Harris McHaney & Faucette-Rogers
Listed By: Heather Carter · License #SA00096615
Added: Dec 1, 2025 Changed: Jun 2 Last Checked: Aug 12 at 12:06AM
MLS# 1329301

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turnkey hospitality property combines an established wedding venue with income-producing lodging and future growth opportunities on 15+/- acres in Eureka Springs city limits. The indoor event space totals 4,300 SF and is designed for celebrations and private events with a commercial kitchen, full bar, and outdoor patio. A newly completed outdoor ceremony venue accommodates up to 100 guests, creating flexible options for ceremonies and receptions.

The property is set in a private wooded setting and is positioned just minutes from downtown and Thorncrown Chapel. In addition to the main event components, Aspen Cabin offers a high-end 2BR/2BA luxury rental with an established short-term rental history. Utilities and infrastructure are already in place for an additional cabin, supporting incremental expansion without starting from scratch.

Ideal for an owner-operator or investor seeking a hospitality asset with both event and lodging revenue streams, the venue setup supports weddings, receptions, retreats, and private events. Ownership is also open to parceling the property and selling components separately, which may appeal to buyers looking to separate the event operation from the lodging and future cabin development.

Key Highlights

  • Turnkey wedding venue plus income‑producing lodging on 15+/- acres within Eureka Springs city limits
  • 4,300 SF indoor event space with capacity for 332 guests, plus commercial kitchen and full bar
  • Outdoor patio and newly completed outdoor ceremony venue for up to 100 guests

Property Analytics

Current Use

Wedding venues

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Building Supply Plumbing Service Pharmacy Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby

Demographics for 72632, AR

4,704
Population
2,840
Households
1.7
Avg Household Size
55
Median Age
30%
College-Educated
96%
High-School Grad
97.8 sq mi
ZIP Area
48
Density / Sq Mi
$45,990
Median Household Income
$28,700
Median Earnings
$838
Median Rent
$228,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Wedding venue - Established event space with a luxury short-term rental provides immediate hospitality income and expansion options.
Where is this wedding venue located?
The property is located at 148-150 Passion Play Road Eureka Springs, AR.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Turnkey wedding venue plus income‑producing lodging on 15+/- acres within Eureka Springs city limits; 4,300 SF indoor event space with capacity for 332 guests, plus commercial kitchen and full bar; Outdoor patio and newly completed outdoor ceremony venue for up to 100 guests
More about this property
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