Investor's Dream with an incredible chance to finish the development of this well-designed CEDAR CREST subdivision. This unique subdivision (Lake Shore Acres and Bull Shoals Acres) is nestled in the woods, with a gated community, on top of an Ozark Mountain peninsula overlooking the beautiful, pristine-clear. and quiet waters of Bull Shoals Lake located in the REAL Ozarks of Southwest Missouri. Imagine influencing present and future generations by offering 36 spacious (1+ acre) surveyed lots, planned roads, underground utilities, and a private airstrip. There are lakeview and interior lots available, and each type of property offers a unique opportunity to have your own lifestyle.Minimal restrictions and covenants. Each lot has had a Percolation Test in the subdivision development process. A percolation test, or ''perc test,'' is performed on undeveloped land in order to determine whether the land is absorbent enough to support the installation of a septic system. A well and septic will be necessary for each lot.Possible owner finance with $133,000, down, $200,000 balance owner financed, with a ten-year pay off. Potential buyer could sell 15-20 lots, with or without dwellings, and get the remaining 20-25 lots for free. As with any well-built designed residential community, the last 25% of lots will sell for the highest.Protem is a mixture of full-time residents and vacation homes. There are opportunities exist if one chooses to be involved in working, starting your own business, local churches, VFD, and musicians will especially enjoy the community ''pickin sessions.'' In addition to enjoying all that Protem has to offer, you are near enough to several larger Missouri communities (Branson, Forsyth, Gainesville, Springfield) Arkansas communities include Mountain Home and Harrison, which are about an hour away.
|Listing Type||For Sale|
|Days On Site||202|