Lease/Purchase: per month with down payment. Total purchase price: parcel is approximately 0.36 of an acre (M/L) and located on W Sunset Drive in the peaceful Diamond City area or Arkansas. Diamond City, AR, is a fantastic place to build your forever home, vacation home, or just an investment home that you can rent or lease out for a steady income. This area offers an 18 hole, par 71 golf course with clubhouse and restaurant, campground, marina, Bull Shoals Lake, public use area, and much more. Other amenities available in this area provided by Natco are high-speed internet, cable, telephone, and cellular service. The property for sale is a double lot, and there are other lots for sale next to these that can be added on to make a large property if you want. Each lot is approximately 65 X 120; these two lots combined are about 130 feet wide by 120 deep.
Restrictions: Diamond City has a leash law for dogs, and cats are to be kept at a minimum of 2-3 on the property. No Livestock are permitted within city limits, and there are building codes. Homes are to be a minimum of 800sqft with a slab foundation or crawlspace, if you are looking to build on stilts, please call Diamond City City Hall at and talk with the building inspector regarding your plans. Modular homes are fine as long as they adhere to their building codes, and no mobile homes are permitted on these lots via city ordinance.
Legal Description: Diamond Point Lots 2 & 3 Block 8
Location: West Sunset Drive Diamond City, Ar
Taxes: Approximately per year.
Restrictions: See property listing for restrictions.
Terrain: Mostly Level
Access: West Sunset Drive
Utilities: Electric, Water, Sewer
No credit checks, no-prepayment penalties, and no balloon payments.
To get started, all that is needed is the Down payment in addition to the first month's payment due together. Then the payments are just the monthly payment.
All of the payments paid the first year, including the down payment and any extra money paid, will be subtracted from the sale price with no interest ( after the first year the interest is just 9.75% For Land or 8.99% For Homes.) After three years of payments being paid as scheduled (or 25% of the sale price has been paid off,) the buyer will have the option to go to a Deed with note and Deed of Trust. Upon completion of the contract, the buyer will receive a deed.
Restrictions Specific to Homestead Crossing Inc.
No mobile homes (unless specified), junkyards, dumps, more than 5 dogs, and pit bulls.
You Can Live In A Rv, Camper Trailer, Or Cabin As Long As You Would Like. (Unless Specified)