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.
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.
See the properties helping shape the valuation.
Comparable sales
- 79,279.2 SF larger lot
- 5,206 SF smaller
- 8 fewer bedrooms
- 8 fewer bathrooms
- Similar lot size
A 1994 resort on 3.18 acres.
Building
Site & utilities
Oakland, AR
Researched nearby locations
Location
8594 Oakland Road, Oakland, AR 72661
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.
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.
A factual market snapshot around 8594 Oakland Road.
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.
Recorded zoning information.
Zoning
Research-indicated uses
- Residential
- Commercial
- Recreational
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
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
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.