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    Property profile & analytics

    60 Hillside Ave Eureka Springs, AR 72632

    • Bed & breakfasts
    • 3,558 SF
    • 0.27 lot acres
    For Sale
    View listing
    $1,175,000
    Value Estimation
    Last Sale
    Oct 15, 2021
    $587,000
    Location Intelligence
    Property ID
    US05-0519226
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Arsenic and Old Lace Bed & Breakfast Inn / Bed & Breakfast
    • Tesla Destination Charger / Electric Vehicle Charging Station

    Property Details for 60 Hillside Ave

    Year built
    1992
    Construction
    FRAME
    Lot size
    0.27 lot acres
    Property size
    3,558 SF
    Property type
    Bed & breakfasts
    APN
    925-00266-001
    APU
    92500266001

    Description

    This exceptional 3,558 square foot commercial lot, located at 60 Hillside Avenue in Eureka Springs, Arkansas, presents a unique investment opportunity. Situated in Carroll County, zip code 72632 (latitude 36.4108228, longitude -93.7347832), this property is ideally positioned within a highly sought-after vacation destination. The asking price is $1,175,000. While previously operating as a highly-rated inn, boasting five guest suites each with updated bathrooms, and two suites with private entrances, this land offers immense potential for various commercial ventures. The property includes a welcoming eating area with a fireplace, perfect for guest gatherings or business functions. The existing residence has been updated for comfortable living, making it suitable for owner occupancy or staff housing. A key advantage is the property's direct access to the Spring Garden Trail, providing easy pedestrian access to downtown Eureka Springs. Further enhancing its appeal are the on-site Tesla and electric vehicle chargers, a unique amenity in Eureka Springs, and a convenient trolley stop. The property is being sold fully furnished, presenting a turnkey opportunity for immediate operation. This versatile lot offers a blend of established infrastructure and prime location, making it an attractive investment for discerning buyers.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $625,000
      6.5%
      $570,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $495,000
      Geo Method
      $585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $600,000
      Retail
      $525,000
      Mixed-Use
      $620,000
      Hospitality
      $660,000
      Educational
      $620,000
      Residential Income
      $480,000
      Energy
      $560,000
      Income-Based Land
      $575,000
      Food Service
      $510,000

    Location Insight

    • Map
    • Local Demand
    City
    Eureka Springs
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.7347
    Latitude
    36.4109

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,063
    $13,500
    $126,360
    $139,860
    -
    $67,500
    $631,800
    $699,300

    Comparable in this City

    • Value Estimation by Request
      286 SF

      5 Ojo St

      BED & BREAKFAST • 286 SF
      5 Ojo St, Eureka Springs, AR 72632-3220
      View Details
    • Value Estimation by Request
      768 SF

      92 Main St

      BED & BREAKFAST • 768 SF
      92 Main St, Eureka Springs, AR 72632-3624
      View Details
    • Value Estimation
      $415,000
      1,328 SF

      2 Hillside Ave

      BED & BREAKFAST • 1,328 SF
      2 Hillside Ave, Eureka Springs, AR 72632-3122
      View Details
    • Value Estimation
      $475,000
      3,044 SF

      56 Hillside Ave

      BED & BREAKFAST • 3,044 SF
      56 Hillside Ave, Eureka Springs, AR 72632-3133
      View Details
    • Value Estimation
      $325,000
      4,016 SF

      28 Ridgeway Ave

      BED & BREAKFAST • 4,016 SF
      28 Ridgeway Ave, Eureka Springs, AR 72632-3025
      View Details
    • Value Estimation
      $415,000
      1,782 SF

      32 Benton St

      BED & BREAKFAST • 1,782 SF
      32 Benton St, Eureka Springs, AR 72632-3502
      View Details

    Similar Nearby for Sale

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      Eureka Springs Historic Bed & Breakfast

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    60 Hillside Ave
    Eureka Springs, AR 72632
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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
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