View website: http://emainst.fsbocampus.net - The former Magnolia Place Inn Bed and Breakfast, is located in scenic downtown Magnolia, Arkansas, a short drive from Hot Springs, and the Casinos of Shreveport and Mississippi. The 1910 Craftsman home is four blocks from the picturesque square and its historic murals and shops near South Arkansas University. http //web.saumag.edu/. Visitors and family members of SAU students often chose to stay at the inn. The owners are frequently asked to allow weddings and photography in the home. The charming town attracts crowds to several major events each year including the Blossom Festival with its World Championship Steak Cook-Off. http //www.blossomfestival.org. Main Street parades can be viewed from the walk-around-porch and the second story balcony. With a pristine and deep restoration in 1994, the home is situated on a large lot with trellised gardens, vintage flowers and shrubs such as Holly, Camellia, Daylily, Azalea, Crepe Myrtle, Magnolia, Japanese Magnolia, Jonquil, Pecan and Wisteria. A large sprinkler system hydrates multiple gardens and lawn. The home is 4000 sq. ft. of luxury with tall ceilings, period wallpaper, and heart of pine floors, pocket doors, pristine woodwork, transoms, claw foot tubs, stained glass, plus a wrap around porch with swing. Floor-to-ceiling drapes, custom made at a cost of $26,000.00 add great elegance and a touch of class. The inn was taken private in 2001 when the present residents spent a weekend as guest and soon purchased the inn for their residence. The last registered guest was Governor Mike Huckaby. Featuring an owner's suite downstairs, four rooms/five baths upstairs surrounding a large center foyer affording privacy for each suite, it's the perfect combination home and income. A $125.00 daily rate at 30% occupancy covers the usual mortgage and utilities completely. There are 5 bedrooms (16X16) and 6 baths. The attic and brick studio/garage can be converted to a six and seventh room if desired. Vintage furnishings are included with some exceptions.
89 days
|
223
|
11
|
Listed by:
Property Owner(870) 562-3079
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.