141 County Road 851
Elizabeth, AR 72531
Lake Norfork AR Resort & RV Park · Hospitality Property For Sale
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4 Rooms
Investment Highlights
- Peaceful rural setting in the Ozark foothills
- Located 30 minutes from Mountain Home, AR
- Easy access to Norfork Lake and White River recreation
- Ideal for residential, agricultural, or recreational use
Property Facts
| Property Type | Hospitality | No. Rooms | 4 |
| Property Subtype | Hotel | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1955/2023 |
| Lot Size | 10.01 AC | Parking Ratio | 4.94/1,000 SF |
| Building Size | 10,533 SF | Corridor | Exterior |
| Zoning | CI - Located within Baxter County Arkansas. Unincorporated area | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 10.01 AC |
| Building Size | 10,533 SF |
| No. Rooms | 4 |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2023 |
| Parking Ratio | 4.94/1,000 SF |
| Corridor | Exterior |
| Zoning | CI - Located within Baxter County Arkansas. Unincorporated area |
Amenities
- Pool
- On-Site Retail
- High Speed Internet Access
- Patio
- Marina
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
About 141 COUNTY ROAD 851 , ELIZABETH, AR 72531
Nestled in the scenic Ozarks near Norfork Lake, Kellers Kove Cabin & RV Resort presents a rare opportunity to acquire a fully operational hospitality asset with strong income performance and lifestyle appeal. Spanning approximately 10 acres, this turnkey resort features four beautifully renovated cabins, thirteen full-service RV sites, and a private eight-slip boat dock—ideal for attracting both seasonal vacationers and long-term guests. The property is thoughtfully designed to maximize guest experience and operational efficiency. Amenities include a newly updated swimming pool with bathhouse, a guest pavilion with outdoor kitchen, a camp store, laundry facility, and covered boat storage. An attractive owner’s residence is included, offering comfortable living quarters or additional rental income potential. Positioned in Elizabeth, Arkansas, the resort benefits from proximity to Norfork Lake, a popular destination for boating, fishing, and outdoor recreation. The surrounding region draws visitors from nearby cities such as Mountain Home and Batesville, while remaining accessible to larger metros like Little Rock and Springfield. The area’s natural beauty and recreational draw make this a compelling investment for operators seeking a profitable, lifestyle-oriented business. With proven cash flow and all infrastructure in place, Kellers Kove is ready for new ownership to step in and capitalize on immediate income potential. Whether you’re expanding a hospitality portfolio or seeking a live-work investment, this property offers a rare blend of charm, functionality, and financial performance.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $182.00 | - |
Property Taxes
| Parcel Number | 001-00462-000 | Improvements Assessment | $125,900 |
| Land Assessment | $17,570 | Total Assessment | $143,470 |
Property Taxes
