A truly one-of-a-kind legacy estate spanning nearly 100 acres of Ozark landscape, offering breathtaking panoramic views, abundant wildlife, and unmatched privacy. Named the "Black Bear Lodge", this property has endless possibilities such as a family compound, retreat, or hunting lodge. The estate includes separate residences- a custom-built main home, cottage house, and bunk house. The main home is thoughtfully designed to capture the surrounding views, with scenic vistas from the kitchen, a floor-to-ceiling native rock fireplace in the living area, formal dining room, and an upstairs loft game room. With 5 bedrooms and 4.5 bathrooms, the home offers ample space. The land itself features two pastures, a pond, a creek, and trails through the property. A barn with covered space provides additional storage and a place to enjoy the outdoors year-round. Known for its diverse wildlife, this sportsman’s dream presents a rare opportunity to own a private retreat where the beauty of the Ozarks and adventure come together.
For sale
$5,500,000
507 Madison 5189, Elkins, AR 72727
5beds
5,700sqft
Single Family Residence
Built in 2007
97.48 Acres Lot
$-- Zestimate®
$965/sqft
$-- HOA
What's special
Upstairs loft game roomTrails through the propertyBreathtaking panoramic viewsCustom-built main homeBarn with covered spaceFormal dining roomTwo pastures
- 93 days |
- 565 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Duvall 479-268-5170,
Engel & Volkers Bentonville 479-268-5170
Source: ArkansasOne MLS,MLS#: 1342470
Originating MLS: Northwest Arkansas Board of REALTORS MLS
Originating MLS: Northwest Arkansas Board of REALTORS MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Counter Top, Dishwasher, Electric Water Heater, Gas Cooktop, Microwave, Plumbed For Ice Maker
- Laundry: Washer Hookup, Dryer Hookup
Features
- Wet Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, Pantry, Programmable Thermostat, Split Bedrooms, Walk-In Closet(s), Multiple Living Areas, Mud Room
- Flooring: Wood
- Basement: Partial
- Number of fireplaces: 3
- Fireplace features: Bedroom, Family Room, Outside, Wood Burning
Interior area
- Total structure area: 5,700
- Total interior livable area: 5,700 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Has garage: Yes
- Covered spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Deck
- Exterior features: Concrete Driveway
- Fencing: Partial,Picket,Privacy,Wood
- Has view: Yes
- Waterfront features: Creek, Pond
Lot
- Size: 97.48 Acres
- Features: Cleared, Hardwood Trees, Landscaped, Not In Subdivision, None, Outside City Limits, Rural Lot, Views, Wooded
Details
- Additional structures: None, Workshop
- Additional parcels included: 00102485000
- Parcel number: 00102465001
- Special conditions: None
- Wooded area: 92
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Available, Propane, Septic Available
Community & HOA
Community
- Security: Security System, Smoke Detector(s)
- Subdivision: /
Location
- Region: Elkins
Financial & listing details
- Price per square foot: $965/sqft
- Tax assessed value: $1,120,400
- Annual tax amount: $7,081
- Date on market: 4/13/2026
- Cumulative days on market: 93 days
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$4,447/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Listed for sale | $5,500,000+485.1%$965/sqft |
Source:  ArkansasOne MLS #1342470 Report a problem | ||
| 10/13/2020 | Sold | $940,000+4.6%$165/sqft |
Source: ArkansasOne MLS #1145896 Report a problem | ||
| 5/1/2020 | Listed for sale | $899,000-2.8%$158/sqft |
Source: Limbird Real Estate Group #1145896 Report a problem | ||
| 6/1/2018 | Listing removed | $925,000$162/sqft |
Source: Lazenby Real Estate #1065451 Report a problem | ||
| 11/20/2017 | Listed for sale | $925,000-43.9%$162/sqft |
Source: Lazenby Real Estate #1065451 Report a problem | ||
| 8/15/2013 | Listing removed | $1,650,000$289/sqft |
Source: Coldwell Banker Harris McHaney & Faucette Real Estate #668549 Report a problem | ||
| 11/27/2012 | Listed for sale | $1,650,000+750.5%$289/sqft |
Source: Coldwell Banker Harris McHaney & Faucette Real Estate #668549 Report a problem | ||
| 3/28/2006 | Sold | $194,000$34/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,462 +9.1% | $143,556 +9.1% |
| 2024 | $5,924 +10% | $131,593 +10% |
| 2023 | $5,386 | $119,630 |
| 2022 | $5,386 | $119,630 |
| 2021 | $5,386 +23.2% | $119,630 +13.4% |
| 2020 | $4,373 | $105,460 |
| 2019 | $4,373 +9.7% | $105,460 |
| 2018 | $3,987 | $105,460 |
| 2017 | $3,987 | $105,460 |
| 2016 | $3,987 | $105,460 -6.1% |
| 2015 | $3,987 | $112,360 |
| 2014 | -- | $112,360 |
| 2013 | -- | $112,360 |
| 2011 | -- | $112,360 -6.8% |
| 2010 | $4,604 | $120,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 72727
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 5/10St. Paul Elementary SchoolGrades: PK-6Distance: 8.5 mi
- 6/10St. Paul High SchoolGrades: 7-12Distance: 8.4 mi
- 4/10Huntsville High SchoolGrades: 9-12Distance: 14.8 mi
Schools provided by the listing agent
- District: Huntsville
Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
