Starting Bid: $1
Gov File #L-26098, Sharp County Arkansas APN 320-00265-000 LOT 17 BLOCK 6 ADDITION VEGAS SECOND Cherokee Village Arkansas is a secure, affordable, and welcoming community set among the stunning natural beauty of the Arkansas Ozarks. Our residents enjoy four distinct seasons, low taxes, a great location, activities, clubs and volunteer opportunities in a beautiful serene locale.There are two private 18-hole golf courses, six swimming pools, a private beach, tennis courts, recreation centers, fitness center, senior center, horseshoe pits, three nature trails, and seven lakes for boating or fishing. Cutting through the lush land and hardwood forests of Cherokee Village is the South Fork River, which flows into the well-known Spring River. Both rivers are popular in the region for floating, and fishing for trout and walleye. Serving as the headwaters for the Spring River is Mammoth Spring, flowing at more than nine million gallons of 58-degree water per hour. This 58-degree water provides plenty of fresh water throughout the year. The river is crystal-clear, with long pools and whitewater falls. At nearby Mammoth Spring is Mammoth Spring State Park, offering exhibits, picnic sites, a trail, ball field, restored depot which houses a museum, and children's playground as well as a view of the spring and lake. This auction is a bid-and-assume. Your bid is for the down payment and then assume the low balance of $9,798 @ $179/month at 8.5% interest plus a one time processing fee of $249 and a Buyer's Premium of 17.5%. There is a yearly HOA fee of $150.