Ashley House Bed & Breakfast $385,000

Located in the foothills of the Arkansas Ozark Mountains, this elegant building, built prior to 1900, is on one level with an expansive lot. It is bordered on the front by a state highway and the back by a city street, giving easy access to the property. The large lot, shaded by walnut trees, is suitable for additional construction. A short walking distance to shopping and a wrap-around front porch, as well as a rock patio with outdoor fireplace make it comfortable and convenient to guests.

Melbourne has a thriving business community with three banks, two medical clinics, four new car dealers, a small airport, as well as being the county seat and home to Ozarka College and NorthArkansas Educational Cooperative. The White River, famous for trout fishing is accessable at five different points all within a 20-minute drive from Melbourne. A 30-minute drive will find you at Norfork Lake, with Bull Shoals Lake to the northwest.

This is an established business, and guests feel at home here with repeat business over 50%. The sleeping rooms, added during construction in 1999, have private baths and cable t.v. The front parlor features gas-logs in the fireplace and a refreshment room with ice machine, coffee service, and other amenities available for the guests' convenience. The common area of the house has central heat and air conditioning, and each room has its own heat/ac unit for control by the guests. A tankless hot water system assures an endless supply of hot water. The laundry room was renovated in 2007 and is equipped with three large capacity stack-model washer/dryers. The community room has become a popular area for reunions, showers, receptions and parties. Equipped with its own restroom and private entrance, as well as ample tables and chairs, it is regularly booked for local events.

A two-level fitness center with a hot tub and sauna currently provides rental income for the owners. Options for this space include continuing the business as is, converting into extra rental rooms or apartments, or on-site living quarters for the new owners.

A new state of the art high school has just been constructed in Melbourne, a town of 1600 people. The rural setting is an exceptional area for families wishing to settle in a safe environment to raise children. Nearby Horseshoe Bend, Cherokee Village, and Mtn. Home are all retirement destinations, and medical facilities are second to none in both Batesville and Mtn. Home. A two-hour drive will find you in the state capitol of Little Rock.

This is a turn-key operation, and excepting a few family heirlooms, sells with all furnishings, equipment and supplies left in place for the new owners to assume a seamless transition.