20622 Hwy 59, Siloam Springs, AR 72761
Benton County
Key Facts
Description
Karen’s Cabins & RVs- a unique, income-producing short-term rental property with strong upside potential. It sits on a beautiful stretch of riverfront land with high banks, offering a park like setting, scenic views and natural protection (no flooding during current ownership). Property includes: 1 fully furnished cabin, 3 RV rental units, 1 mobile home. Storage sheds and supporting infrastructure. Currently operating as a successful Airbnb-style business, generating approx. $50,000 annually, with room for expansion and increased revenue. Positioned between two whitewater parks (upstream & downstream), attracting steady traffic from kayakers and outdoor enthusiasts. Next to a canoe/kayak rental service with shuttle access to the parks. Close to professionally developed mountain biking trails with strong regional investment. With consistent tourism, strong outdoor demand, and growth potential, this is a solid opportunity for an investor or owner-operator looking to expand in a high-traffic recreation area.
Property Information
Property Type
Commercial Sale
Year Built
2024
Living Area
1,564 sq ft
Lot Size
12.39 acres
Days on Market
74
MLS® Listing#
1345045
Property Features
Exterior
Other Structures
Financial Details
Annual Taxes
$1,740
Parcel Number
18-13212-000
Directions
Just off of AR-59 just south of the Illinois River bridge.
Affordability Calculator
$104,000
Estimated monthly payment
$2,768/mo
Principal $416,000 · Est. interest $580,357 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Siloam Springs, AR
- $448,305
- Median Listing Price
- 73
- Median Days on Market
- 2,072
- Median Sq Ft
- $206
- Median Price / Sq Ft
- 399
- Active Listings
- This home’s price is 16% above the area median.
- Its price per sq ft is 61% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Siloam Springs, AR.
Location
Points of Interest in Siloam Springs, AR
Showing the Siloam Springs area map.
Nearby Schools
Watts Public Schools
Elementary · 2.1 mi away
Trinity Christian Academy
School · 4.2 mi away
Community Christian School
School · 5.0 mi away
Southside Elementary School
Elementary · 5.1 mi away
Alternative School
School · 5.1 mi away
Main Street Academy
School · 5.3 mi away
Siloam Springs Middle School
Elementary · 5.4 mi away
Northside Elementary School
Elementary · 6.0 mi away
Siloam Springs High School
Secondary · 6.1 mi away
Siloam Springs Children's Center
School · 6.3 mi away
Elizabeth Richardson Center
School · 6.4 mi away
Siloam Springs Intermediate School
Secondary · 6.4 mi away
Allen Elementary School
Elementary · 6.6 mi away
Moseley Public School
Elementary · 7.9 mi away
Westville Public Schools
School · 8.2 mi away
Westville High School
Secondary · 8.2 mi away
Westville es
Elementary · 8.2 mi away
Ozark Adventist School
School · 9.4 mi away
Gentry Primary School
Elementary · 10.5 mi away
Gentry Middle School
Secondary · 10.7 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| S Rhodes/ CR 1022 Drive, Eureka Springs, AR | $364,900 | — | — | — |
| 0 CO RD 108, Eureka Springs, AR | $366,000 | — | — | — |
| 224 E Lake Francis Drive, Siloam Springs, AR | $369,000 | 4 | 2 | 2,267 |
| 3 Richard Circle, Eureka Springs, AR | $370,000 | 3 | 2 | 1,580 |
| 273 N Main Street, Eureka Springs, AR | $370,000 | — | — | 1,200 |
| 273 N Main Street, Eureka Springs, AR | $370,000 | 1 | 3 | 1,200 |
Moving Cost Estimate
EXIT Agents in Siloam Springs
Listing Courtesy: Wright St. Real Estate - toddvrealtor@gmail.com
Presented by: Todd Varnadoe