#1 • 10.3± Acres on Ouachita River w/ 2BR/ 1BA Log Home ~ 296 Riverpark Drive, Malvern, AR 72104
Part of OUACHITA RIVERFRONT HOME AUCTION | MALVERN, AR (live auction by Wilson Real Estate Auctioneers, Inc.)
Starting at $25,000.00
Status: Available
Category: Real Estate
REAL ESTATE DESCRIPTION: This 2 Bedroom, 1 Bath A-Frame Log Home is Situated on 3 Platted Lots Containing a Total of 10.3± Secluded Acres, with a Total of 705± Feet of Frontage Along the Beautiful Ouachita River ~ Kitchen has a Range and Dishwasher ~ Home has a Standing-Seam Metal Roof ~ Wall Heater/AC Units keep the Home Comfortable ~ It has an On-Demand Water Heater, and there is a Wood Burning Stove in the Living Room ~ A Second Building has a Large 2-Car Garage with Storage, Plus a Party Room Overlooking the Ouachita River with a Full Kitchen and Bath ~ The Kitchen in the Party Room has Ceramic Countertops and Features a Dishwasher, Microwave, Gas Range, and has an On-Demand Water Heater ~ The Views of the River are Spectacular from the 16 x 60± Ft. Deck! ~ Both the Log Home and the Garage/Party Room Buildings need some Tender Loving Care but can be a Great Retreat or Full-Time Residence! NOTE: The Septic System is Non-Functioning; the Buyer Will be Responsible for Installation of a New Septic System ~ Buildings are in a Flood Zone ~ On-site Well Will Need to be Capped, and New Waterline run from Riverpark Drive. INSPECTION: Property Viewed by Appointment Only ~ Contact Agent Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com with Any Questions ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection & Registration on Auction Day. CLOSING COMPANY: First National Title Company ~ Closing Agent: Dana Smith ~ 226 South Olive Street, Malvern, Arkansas 72104 ~ (501) 332-5767 ~ Fax/ 332-3386. REAL ESTATE TAXES FOR YEAR 2025: $2,299.00 SCHOOL DISTRICT: Magnet Cove TERMS: $25,000.00 Cashier’s Check made Payable to Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.