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    131 Walnut St Calico Rock, AR 72519

    Sponsored
    For Sale
    $269,900

    Historic Airbnb, high rental potential.

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Embrace the charm of Cold Creek Manor, a fully renovated 1,200 square foot Airbnb nestled in the heart of Calico Rock, Arkansas. This unique property boasts a rich history and modern amenities, offering a blend of old-world charm and contemporary comfort. The main house features a welcoming living room, a well-equipped kitchen complete with a breakfast bar, and three spacious bedrooms – two with full-size beds and one with a queen. A large bathroom includes convenient in-unit laundry facilities. Step outside to discover a custom-built grilling and sitting area, a practical utility shed, and a cozy custom fire pit, all complemented by ample gravel parking. The property also includes two additional lots adjacent to the main house, each with utilities in place, presenting exciting opportunities for future expansion or development. Currently operating as a part-time/seasonal Airbnb, the property generates approximately $22,000 in gross annual revenue. However, with year-round bookings, the income potential is significantly higher. Located near the Calico Rock Historic District and a trout fishing service/dock, this property offers a unique investment opportunity in a picturesque setting, overlooking the stunning Ozark Hills and White River. The property sits on a 0.5-acre lot and has three separate APNs: 310-00043-000, 310-00046-000, and 310-00040-000. This is a rare chance to own a piece of Arkansas history with significant income potential. Asking price is $269,900.

    Property Features for 131 Walnut St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,200 SF
    Lot Size
    21,780 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 3‑bedroom, 1‑bathroom home, approximately 1,200 square feet.
    • Charming Airbnb in a historic ghost town setting.
    • Outdoor custom grill and seating area.
    • Convenient proximity to a trout fishing dock.
    • Located near the Calico Rock Historic District.
    • Includes two additional adjacent lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Calico Rock
    County
    Izard
    State
    Arkansas
    Longitude
    -92.1405935
    Latitude
    36.1178198

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Mixed-use property - Historic Airbnb, high rental potential.
    Where is this mixed-use property located?
    The property is located at 131 Walnut St Calico Rock, AR.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: 3-bedroom, 1-bathroom home, approximately 1,200 square feet.; Charming Airbnb in a historic ghost town setting.; Outdoor custom grill and seating area.
    Request Owner's contact information
    131 Walnut St Calico Rock, AR 72519
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    Calico Rock, AR 72519
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    131 Walnut St Calico Rock, AR 72519
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