12483 Ldg Rd Garfield, AR 72732

Property Details for 12483 Ldg Rd

Year built

1972

Lot size

24.92 lot acres

Property size

18,252 SF

Property type

Commercial real estate

Description

This exceptional 18,252 square foot lodge, nestled on approximately 24.92 acres overlooking Beaver Lake in Garfield, Arkansas, presents a unique investment opportunity. Situated 700 feet above the lake, the property boasts breathtaking, year-round panoramic views. The lodge itself features 16 rooms, a downstairs bar, and an expansive outdoor patio, perfect for entertaining. Extensive renovations were completed between 2002 and 2003, with further updates to the hotel rooms in 2010. This property stands out due to its rare access to sewer lines, opening up a wide array of redevelopment possibilities. Potential uses include, but are not limited to: corporate retreats, family getaways, a recreational facility, hotel units, apartments, a mixed-use development, a resort, condominiums, or a convention center. The location and views are ideal for hosting weddings, establishing a high-end restaurant, or creating a premier corporate retreat destination. The property's versatility and prime location make it an exceptional investment with significant potential for high returns. The asking price is $10,950,000.