Land with Home for Lease in Mountain Home, Arkansas

Rare investor opportunity in the heart of town! This 3.5 acre m/l property features a spacious 4-bed, 3-bath brick and stone main home (2,493 sq. ft.) with large rooms, a double-sided fireplace, and original cabinetry and fixtures that add timeless charm. An 812 sq. ft. retro guest house and the original farmhouse offer immediate rental income or flexible living options while renovating the main home. With plenty of open land, there's room to build additional income properties, expand existing structures, or create a custom dream home-all within city limits. The property offers a unique blend of character, income potential, and development flexibility. Ideal for investors, multi-generational living, or those looking to create a one-of-a-kind in-town estate. Don't miss this chance to own a rare, income-producing property with endless possibilities. Listed at $699000.