• Asking Price $10,900
  • Diamond City Diamond City, AR 72630

  • Multi-family (2-4 units) / For Sale by Owner

Property Details for Diamond City, Diamond City, AR 72630

Facts

  • Property ID: 604659880
  • Property Type: Multi-family (2-4 units)
  • County: BOONE

Description

This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.

This listing is NOT a foreclosure. Three side by side lots located in Diamond City, AR which is only 38 miles from Branson, "Missouri Americas Live Entertainment Capitol."  The price of $10,900 is the total price for ALL three lots.  Triple lots are hard to come by and we don't think you'll find a better price anywhere for 3 side by side lots in a lakeside community.  These side by side lots are located on Sunset Drive on a city maintained gravel road. Legally they are described as: Lots 20,21 and 22, Block 4 in Diamond Point II Subdivision. The lots are wooded with large cedar and oak trees. You may selectively clear them as little or as much as you like. Each lot measures 65X120 feet which gives you an entire half of an acre of land with 195 feet of road frontage on to Sunset Drive. With three lots your options expand. You can keep them all to have more room in which to spread out or hold one for a friend or family member. Also as triple lots are more difficult to obtain they truly enhance the value of your investment. All utilities are available: power, phone, water and sewer.  For current information on what actual hook up prices would be you may contact the Department of Public Works in Diamond City at: (870) 422-7177.The lots are only 8 blocks from the golf course and a 2 minute drive to the marina. A very nice extra feature about these particular lots is that you can find a wonderful little cove on the lake if you drive less than 1/2 mile to the west on Sunset Drive. It would be a great place to take a leisurely walk to by yourself or with a few friends. It will feel as if have your own private marina to swim and soak in the sun. The only building restrictions on this property are that mobile homes are prohibited. There is no time restriction on building a home. However, the minimum square footage of homes must be at least 1000 square feet. There are no association fees or dues on these lots. The only taxes you will have each year PER LOT is your real estate property tax of $19.84 and the SID fees (sewer improvement district) of $33.00. That makes your total yearly taxes for ALL the lots a low $158.52. So even if you decide not to build on your lots immediately but are buying now while prices are low for future retirement or as an investment decision, the costs to maintain your property are nominal. Diamond City, Arkansas is located on a peninsula which is surrounded on three sides by the largest of the Ozark Twin Lakes, Bull Shoals Lake. It is a year-round community which has over 700 permanent residents. It rests at the end of historic and renowned Highway 7, also known as "Arkansas Scenic Highway 7". This is a very nice, friendly and safe place in which to live, enjoy as a lake/golfing retreat,or simply to keep for retirement / investment purposes. While Diamond City has been known as a quiet and sleepy little community there are rumors that changes are happening. New upscale homes are being built and there have been several new businesses just this year alone. The new  Branson Regional opened in May. This means that Diamond City is less than an hour away from a major airport for those people who wish to live here part-time or just come over for an occasional visit. It seems unlikely that prices could ever get lower than this as the secret of Diamond City and Northwest AR continue to be discovered by people of all ages who desire a more peaceful, beautiful and safe environment.Please do not hesitate to contact me for more information or pictures. Thank you! 

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