Incredible opportunity to own a thriving resort nestled on 4.5+/- acres along the pristine shores of Lake Norfork. This turn-key property features a beautifully remodeled owner's home with 3 bedrooms, 2 full baths, and a cozy wood-burning fireplace. Conveniently attached is a spacious convenience store, serving as the last stop before the nearby Fout Boat Dock and public swimming area. The resort features 8 meticulously remodeled cabins and 2 remodeled mobile homes (cabins), offering comfort and charm to guests. Additionally, there are 13 RV spots, ensuring plenty of accommodation options for visitors. 12 of those spots are already booked year round, providing guaranteed income. Guests can enjoy amenities such as a playground, laundry facilities, and an inviting in-ground pool. A large deck provides a perfect spot for relaxation and social gatherings amidst stunning lake views. Situated just minutes from Mountain Home, and a stone's throw from lake access points, this property promises unlimited potential for both business and pleasure.
Active
Price cut: $15K (5/4)
$854,900
2325 Fout Road, Gamaliel, AR 72537
17beds
2,480sqft
Multiple Residences
Built in 1979
4.5 Acres Lot
$786,400 Zestimate®
$345/sqft
$-- HOA
What's special
Inviting in-ground poolLaundry facilitiesCozy wood-burning fireplaceSpacious convenience store
- 168 days |
- 329 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Kristie Rackley 417-270-7164,
Iron Brand Realty LLC 417-372-8076
Source: SOMOMLS as distributed by MLS GRID,MLS#: 60314061
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 13
- Full bathrooms: 13
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Laundry: Main Level, W/D Hookup
Features
- High Speed Internet, Internet - Satellite, Internet - DSL, Internet - Cellular/Wireless
- Has basement: No
- Has fireplace: Yes
Interior area
- Total structure area: 2,480
- Total interior livable area: 2,480 sqft
- Finished area above ground: 2,480
- Finished area below ground: 0
Property
Parking
- Parking features: RV Access/Parking, Driveway, Circular Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Covered, Front Porch, Deck
- Pool features: In Ground
Lot
- Size: 4.5 Acres
- Features: Acreage, Paved
Details
- Parcel number: 00102531000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Multiple Residences
Materials
- Roof: Composition
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
Community & HOA
Community
- Subdivision: N/A
Location
- Region: Gamaliel
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $399,600
- Annual tax amount: $2,055
- Date on market: 1/24/2026
- Listing terms: Cash
- Road surface type: Asphalt, Gravel
Estimated market value
$786,400
$747,000 - $826,000
$1,419/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Price change | $854,900-1.7%$345/sqft |
Source:  SOMOMLS as distributed by MLS GRID #60314061 Report a problem | ||
| 1/24/2026 | Listed for sale | $869,900-1.1%$351/sqft |
Source: SOMOMLS as distributed by MLS GRID #60314061 Report a problem | ||
| 7/25/2024 | Listing removed | -- |
Source: Mountain Home MLS #127532 Report a problem | ||
| 1/12/2024 | Price change | $879,900-1.1%$355/sqft |
Source: Mountain Home MLS #127532 Report a problem | ||
| 10/30/2023 | Listed for sale | $889,900-1.1%$359/sqft |
Source: Mountain Home MLS #127532 Report a problem | ||
| 7/13/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/26/2023 | Price change | $899,900-2.2%$363/sqft |
Source: Owner Report a problem | ||
| 4/15/2023 | Listed for sale | $919,900-1.6%$371/sqft |
Source: Owner Report a problem | ||
| 3/15/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/29/2023 | Price change | $934,900-0.5%$377/sqft |
Source: Owner Report a problem | ||
| 12/27/2022 | Price change | $939,900-1%$379/sqft |
Source: Owner Report a problem | ||
| 8/21/2022 | Listed for sale | $949,000+202.2%$383/sqft |
Source: Owner Report a problem | ||
| 10/18/2012 | Sold | $314,000-24.3%$127/sqft |
Source: Public Record Report a problem | ||
| 8/13/2011 | Listing removed | $415,000$167/sqft |
Source: United Country Report a problem | ||
| 8/11/2011 | Listed for sale | $415,000-2.4%$167/sqft |
Source: United Country Report a problem | ||
| 7/6/2011 | Listing removed | $425,000$171/sqft |
Source: United Country Report a problem | ||
| 2/24/2011 | Listed for sale | $425,000$171/sqft |
Source: United Country Report a problem | ||
| 6/18/2010 | Listing removed | $425,000+13.3%$171/sqft |
Source: ForeclosureWarehouse.com #07070 Report a problem | ||
| 5/15/2009 | Sold | $375,000-11.8%$151/sqft |
Source: Public Record Report a problem | ||
| 3/27/2009 | Listed for sale | $425,000$171/sqft |
Source: U.S. Cybertek, Inc. #07070 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,119 +0.9% | $59,550 +4.6% |
| 2024 | $2,100 +2.1% | $56,940 +10.1% |
| 2023 | $2,056 +3.5% | $51,720 |
| 2022 | $1,987 +6.4% | $51,720 +5.3% |
| 2021 | $1,867 +1.3% | $49,110 -7.3% |
| 2020 | $1,844 +2.7% | $52,960 |
| 2019 | $1,795 +8% | $52,960 |
| 2018 | $1,662 +21.1% | $52,960 +10.8% |
| 2017 | $1,372 | $47,780 +31% |
| 2016 | $1,372 +10.4% | $36,480 |
| 2015 | $1,243 | $36,480 |
| 2014 | $1,243 | $36,480 |
| 2013 | -- | -- |
| 2011 | $1,541 | $43,150 |
| 2010 | -- | $43,150 +9.9% |
| 2009 | -- | $39,270 +2.3% |
| 2006 | -- | $38,380 |
| 2005 | -- | $38,380 |
| 2004 | -- | $38,380 +0% |
| 2003 | -- | $38,370 -1.3% |
| 2002 | -- | $38,860 +26.3% |
| 2001 | -- | $30,760 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 72537
Nearby schools
GreatSchools rating
- NANelson Wilks Herron Elementary SchoolGrades: 1-2Distance: 10.5 mi
- 8/10Pinkston Middle SchoolGrades: 6-7Distance: 11.4 mi
- 6/10Mtn Home High Career AcademicsGrades: 8-12Distance: 12 mi
Schools provided by the listing agent
- Elementary: Mountain Home
- Middle: Mountain Home
- High: Mountain Home
Source: SOMOMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
- Arkansas
- Baxter County
- Gamaliel
- 72537
- 2325 Fout Road
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