$869,900
Gamaliel, AR 72537
MLS# 60314061
17 beds | 13 baths | 2480 sqft
1 / 78
Property Description
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.
Details
Maps
Contract Information
Vacation Rental: Yes
List Price/Total SqFt: 350.77
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
Property Sub-Type: Multiple Residences
Begin Date: 2026-01-20
List Price: $869,900
Sign on Property: 1
Location, Tax and Other Information
Inside City Limits: No
RE Tax Provided By: Assessor Records
Keywords
Stories: 1
Elementary School: Mountain Home
Middle School: Mountain Home
High School: Mountain Home
General Property Description
Above Grade UnFin SqFt: 0
Below Grade UnFin SqFt: 0
Waterfront/View: None
Basement: No
Lake/River/Creek: None
Propane Tank: No
Total Bedrooms: 17
Baths - Full: 13
Baths - Total: 13
Above Grade Fin SqFt: 2480
Total Finished SqFt (All Levels): 2480
Total SqFt: 2480
Aprx Year Built: 1979
Aprx Lot Size (Acres): 4.5
Utility Room
Main Floor: 1
Dining
Formal Dining: 1
Interior Features
High Speed Internet: 1
Internet - Cellular/Wireless: 1
Internet - DSL: 1
Internet - Satellite: 1
W/D Hookup: 1
Cooling
Central: 1
Fireplace Features
Fireplace: Yes
Heating
Central: 1
Heating Source
Electric: 1
Road Surface
Street - Asphalt: 1
Drive - Gravel/Stone: 1
Cooling Source
Electric: 1
Architecture
1 Story: 1
Ranch: 1
Roofing Material
Composition: 1
Home Association Info
Home Owners/Condo Owners Association: None
Possession
At Closing: 1
Will Sell
Cash: 1
Parking Features
Circular Driveway: 1
Driveway: 1
RV Access/Parking: 1
Patio and Porch Features
Covered Deck/Porch: 1
Deck: 1
Front Porch: 1
Patio: 1
Pool Features
In Ground: 1
Shop Building Features
Shop Building: Yes
Water
Well - Private: 1
Sewer
Septic Tank: 1
Lot Features
Acreage: 1
Paved Frontage: 1
Trees: 1
Flood Insurance
Not Required: 1
Location Tax and Other Information
Street #: 2325
Street Name/Route: Fout
Suffix: Road
County: Baxter
State/Province: AR
Zip Code: 72537
Parcel ID: 001-02531-000
Subdivision: N/A
Real Estate Tax: 2055.71
Tax Year: 2024
Remarks Misc
Directions: From Mtn Home turn left on 101 and follow to turn right on Fout Road. Follow to the Bayou Resort. Watch for signs.
Status Change Info
Status: Active
Property Features
Utility Room: Main Floor
Dining: Formal Dining
Interior Features: High Speed Internet; Internet - Cellular/Wireless; Internet - DSL; Internet - Satellite; W/D Hookup
Cooling: Central
Cooling Source: Electric
Heating: Central
Heating Source: Electric
Architecture: 1 Story; Ranch
Patio and Porch Features: Covered Deck/Porch; Deck; Front Porch; Patio
Pool Features: In Ground
Parking Features: Circular Driveway; Driveway; RV Access/Parking
Roofing Material: Composition
Lot Features: Acreage; Paved Frontage; Trees
Water: Well - Private
Sewer: Septic Tank
Road Surface: Street - Asphalt; Drive - Gravel/Stone
Will Sell: Cash
Flood Insurance: Not Required
Possession: At Closing
Listing Office: Iron Brand Realty LLC
Last Updated: February - 25 - 2026
Data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.