Homes/Arkansas/Oakland/8594 Oakland Road
CompCasa Property Analysis · multi_family

8594 Oakland Road

Multi‑Unit Resort Steps from Bull Shoals Lake on 3.18 Acres

9 self-contained units, 5 full‑hookup RV sites, pool — investment-ready

10 beds9 baths6,214 sq ftBuilt 19943.18 acresnone
CompCasa valuation analysis
Estimated market value
$325,000
Low $300,000 · Midpoint $325,000 · High $350,000
Confidence75%Sales comparison approach
Last recorded sale$270,000Sep 12, 2024
Assessed value$63,4502024 assessment
CompCasa estimate$325,000May 2, 2026
Estimate vs. last recorded sale+$55,000 / +20.4%
$300,000$325,000 midpoint$350,000
Price / sq ft$52.3
Median sale price$244,156
Avg days on market128 days
1-year appreciation4.2%

Sales comparison approach using recent sales of similar resort properties in the area. Income approach considered based on potential rental income from units and RV sites.

About the property

Multi‑Unit Resort Steps from Bull Shoals Lake on 3.18 Acres

What was once Persimmon Point Resort sits poised for a new chapter: 8594 Oakland Road is a 3.18‑acre hospitality asset a half mile from Bull Shoals Lake that combines existing income infrastructure with an easy-to-envision value‑add plan. Spread across 6,214 square feet of block and vinyl construction (1994), the property currently offers nine individual units—each with private entrances and kitchens—along with five RV sites equipped with full hookups, surface parking for guests, and an in‑ground pool framed by level grounds and direct frontage on Oakland Road.

On a practical level this is an investor’s ready-made platform: municipal water, septic service, central cooling, electric heat and on‑site laundry accommodate guest turnover and seasonal peaks without immediate heavy utility upgrades. The buildings and systems are serviceable—condition rated average—but the units’ separation and private access simplify phased renovations so a new owner can prioritize higher-return improvements unit by unit rather than close everything at once.

The location is the property's greatest advantage. Positioned 0.5 miles from Bull Shoals Lake and a mile from Oakland Marina, the site captures steady tourist demand for boating, fishing, and weekend getaways. Surrounding land use mixes residential and recreational, and the Mountain Home micropolitan area supplies regional traffic and ancillary services. With ample parking and clear ingress from Oakland Road, the property is operable today for nightly rentals, long‑term RV leases, or converted to a boutique lodging concept.

Financially, recent analyses place market value in the $300k–$350k range with a midpoint near $325,000, and an income model estimating roughly $5,000/month in gross rent if all nine units and RV sites perform at projected rates. Average days on market across the area is long enough (about 128 days) to allow a buyer to complete due diligence and roll out renovation and marketing plans strategically.

This is a rare combination of location, usable infrastructure, and acreage. Whether you’re an operator looking to scale a lakeside rental business, an investor seeking a turnkey redevelopment, or a local owner-operator who wants an established footprint near Bull Shoals, 8594 Oakland Road provides a tangible starting point. Buyers should verify zoning and conduct environmental and structural inspections—particularly given proximity to the lake—but the bones are here and the market fundamentals support a thoughtfully executed repositioning.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$134,300
Property address8745 Oakland Road, Oakland, AR 72661
0.5 mi217,800 sq ft lot
Sold Jul 1, 2024
Subject difference
  • 79,279.2 SF larger lot
Research comparison noteComparable property in proximity with similar lot size
02Sold price$174,900
Property address106 Solar Circle, Oakland, AR 72661
2 bed1 bath1,008 sq ft0.7 mi132,422 sq ft lot$173/SF
Sold Jun 15, 2024
Subject difference
  • 5,206 SF smaller
  • 8 fewer bedrooms
  • 8 fewer bathrooms
  • Similar lot size
Research comparison noteSingle-family home with smaller lot and building size
Comp methodology: Sale comps selected based on proximity and similar lot sizes. Limited data available for lease comps in the area.
Property details

A 1994 resort on 3.18 acres.

Building

Year built1994
ConstructionBlock And Vinyl Siding
RoofAsphalt Shingle
Heatingelectric
Coolingcentral

Site & utilities

Lot size3.18 acres
Garagenone
Stories1
ConditionAverage
BasementNone
FireplaceNo
Improvement notes9 units with private entrances and kitchens; 5 RV sites with full hookups; in-ground pool; laundry facilities
Lot area138,520.8 sq ft
TopographyLevel
FrontageFrontage on Oakland Road
ParkingSurface
Parking spaces10
Parking notesAmple parking for guests and RVs
AccessDirect access from Oakland Road
WaterMunicipal
SewerSeptic
ElectricAvailable
GasNot Available
Location & nearby

Oakland, AR

Researched nearby locations

Bull Shoals Lake (0.5 mi)
Oakland Marina (1 mi)
Bull Shoals-White River State Park (10 mi)

Location

8594 Oakland Road, Oakland, AR 72661

View in Google Maps
Editorial neighborhood context

Oakland is a small, recreation‑oriented community on the north shore of Bull Shoals Lake, prized for boating, fishing and camping. Local character is quiet and seasonal—weekends and summer months bring visitors from the broader Mountain Home area. Services and retail are concentrated in Mountain Home (about a 20–30 minute drive), while Oakland and nearby marinas supply lake access and outfitters. The area suits buyers seeking outdoor lifestyles, short‑term rental income, or a low‑density setting close to major water recreation.

Nearby access summary

Excellent lake access with Bull Shoals Lake 0.5 miles away and Oakland Marina 1 mile away; state park hiking and camping within roughly 10 miles, plus abundant boating, fishing and shoreline recreation.

ElementaryHackler Intermediate School (6/10)
Middle schoolPinkston Middle School (7/10)
High schoolMountain Home High Career Academics (6/10)
School districtMountain Home School District
Market context

A factual market snapshot around 8594 Oakland Road.

Median sale price$244,156
Avg days on market128 days
1-year appreciation4.2%
Editorial market perspective

The Oakland / Mountain Home micropolitan market currently reads as balanced to mildly favorable for buyers who bring capital and a clear plan. Median local sale prices are reported near $244,156, and the market recorded roughly 4.2% appreciation year‑over‑year; average days on market is long—about 128 days—indicating inventory and time to transact are both reasonable. For specialty property types like small resorts and multi‑unit vacation rentals, proximity to Bull Shoals Lake materially improves demand compared with generic residential inventory. Recent comparable sales in the immediate area show a wide range (roughly $134k to $174k for smaller parcels, with recorded sale events on this property at $165k and $270k in 2024), supporting a valuation midpoint near $325k. Given seasonal visitation patterns, operators can capture outsized cash flow in peak months but should underwrite for off‑season vacancy. With the property currently vacant and infrastructure in place (9 units, 5 RV sites, pool), this is an attractive time for an investor to acquire and renovate before peak season—especially buyers who can convert units to higher‑yield short‑term rentals or stabilize RV income with long‑term site leases. Perform due diligence on flood risk, utility capacity, and local short‑term rental regulations to refine returns.

Zoning & land use

Recorded zoning information.

Zoning

JurisdictionMarion County
Assessor useMultifamily dwelling
Current useResort

Research-indicated uses

  • Residential
  • Commercial
  • Recreational
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$4,540
Assessed improvements$58,910
Total assessed$63,450
Assessment year2024
Annual property tax$2,680
Tax year2024

Sale history

2024-09-12$270,000 · $113/SF
2024-07-05$165,000 · $69/SF
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Property includes 9 units with private entrances and kitchens, plus 5 RV sites with full hookups
  • Located 0.5 miles from Bull Shoals Lake, offering recreational opportunities
  • Assessed value of $63,450 with annual property taxes of $2,680
  • Recent sales history includes transactions at $270,000 and $165,000 in 2024
  • Median home value in the area is $244,156 with a 4.2% appreciation over the past year

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm current zoning regulations and permitted uses
  • Assess condition of existing structures and need for renovations
  • Evaluate local market demand for short-term rentals and RV sites
  • Conduct environmental assessment for flood risk due to proximity to Bull Shoals Lake
  • Verify utility connections and capacities for potential expansion
Highlights & features

What stands out about this property.

Interior Features

  • Nine individual units with private entrances
  • Private kitchens in each unit
  • On-site laundry facilities
  • Central cooling and electric heating
  • Total interior area: 6,214 sq ft
  • Construction: block and vinyl siding; asphalt shingle roof
  • 10 bedrooms and 9 bathrooms (total across property)

Exterior & Lot

  • 3.18-acre level parcel with frontage on Oakland Road
  • Five RV sites with full hookups
  • In-ground pool
  • Surface parking with estimated 10 spaces
  • Ample room for expansion or added amenities
  • Septic system and municipal water connections

Location & Neighborhood

  • 0.5 miles to Bull Shoals Lake
  • 1 mile to Oakland Marina
  • Part of the Mountain Home, AR micropolitan area
  • Marion County jurisdiction
  • Mountain Home School District (schools ~13–15 miles away)
  • Mixed residential and recreational adjacent uses

Walkability & Recreation

  • Walkability Rating: 20/100 — Car‑Dependent
  • Bull Shoals Lake recreational access (0.5 miles)
  • Oakland Marina (1 mile)
  • Bull Shoals‑White River State Park within 10 miles
  • Nearby boating, fishing, camping and hiking opportunities
  • Community supports seasonal tourism and outdoor recreation
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Realtor.com property listingView source
2
RE/MAX Arkansas property listingView source
3
Zillow property listingView source
4
LoopNet property recordView source
5
Zillow housing market data for Oakland, ARView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.