Ben Forga

507 Madison 5189

Elkins, AR
$ 3,465,000 Beds 5 Baths 4.5 Sq 5,700 Virtual Tour
Monthly Estimate* How much can I afford?

A truly one-of-a-kind estate spanning nearly 100 acres of Ozark landscape, offering breathtaking panoramic views, abundant wildlife, and unmatched privacy. Named the "Black Bear Lodge", this property offers a custom-built main home, cottage house, and bunk house. The main home is specifically designed to capture the surrounding views from every room. An upstairs open loft game room and bar area overlook the floor-to-ceiling native rock fireplace in the family room. An adjoining dining area and work space sit off the stunning kitchen that looks out upon the covered deck and mountains. The land features two pastures, pond, creek, trails, 2 acre gun range, and several tree stands. Down the lane from main house is a charming 2 bedroom cottage with white picket fence. A 1 bedroom Caretaker Cottage with barn is ideal for equipment storage. 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.

Active

  • Price
  • $ 3,465,000
  • City
  • Elkins
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • Madison
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 97.48 Acres
  • Zip
  • 72727
  • Sqr Footage
  • 5,700
  • Year Built
  • 2007
  • Taxes
  • $ 7081
  • Style
  • MLS#
  • 1342470
Listed By: Engel & Volkers Bentonville
Data Source: Northwest Arkansas BOR (NABOR)

Features

General

Sewer Septic Tank
Heating Heat Pump
Cooling Heat Pump
Utilities Electricity Available,Propane,Septic Available
Roof Metal
Appliances Counter Top,Dishwasher,Electric Water Heater,Gas Cooktop,Microwave,Plumbed For Ice Maker
Patio/Porch Features Covered,Deck
Security Features Security System,Smoke Detector(s)
Construction Materials Wood Siding
Year Built 2007
Stories Count 3
Levels Three Or More
Property Subtype Single Family Residence
Waterfront Features Creek,Pond
Additional Parcels Description 001-02485-000
County Madison
New Construction false
Property Type Residential
Attached Garage false
Garage Y/N true
Other Structures None,Workshop
Full Baths 4
Status Active
Directions Start on Crossover Road in Fayetteville, and head to Elkins on Hwy 16. Pass through Elkins and drive several more miles into Madison County, and to the Pig Trail Country Cafe. Right past the Cafe, turn left down a dirt road. The shortly after - cross over two bridges, and turn left to head up toward property. You will have one more fork, but stay to the left. Property is toward the top of the mountain.
City Elkins
Disclosures Seller Disclosure
High School District Huntsville
Lot Size Units Acres
Year Built Details Resale (less than 25 years old)
Tax Annual Amount 7081
Virtual Tour https://youtu.be/qTBWfk8e5UM
Structure Type House
Standard Status Active
Middle/Junior School District Huntsville
Elementary School District Huntsville
Property Sub Type Additional Single Family Residence
PostalCity Elkins
Legal Description Madison County, Tax Parcel ID #001-02465-001 and #001-02485-000

Interior Features

Interior Amenities 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
Basement Partial
Flooring Wood
Total Fireplaces 3
Fireplace Features Bedroom,Family Room,Outside,Wood Burning
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Laundry Features Washer Hookup,Dryer Hookup
Total Bedrooms 5
LivingAreaSource Owner
Total Baths 5

Exterior Features

Exterior Amenities Concrete Driveway
Fencing Partial,Picket,Privacy,Wood
Parking Features Detached,Garage
Lot Features Cleared,Hardwood Trees,Landscaped,Not In Subdivision,None,Outside City Limits,Rural Lot,Views,Wooded
Lot Size Area 97.48
Foundation Details Block
Building Area Total 5700
Lot Size Acres 97.48
Wooded Area 82
Road Surface Type Gravel
Covered Spaces 2
Road Frontage Type County Road
Pasture Area 15.48

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Harrison, AR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/13/2026 Listed $5,500,000
7/31/2026 13% - $4,800,000
9/17/2026 28% - $3,465,000

Property vs Zip Code Average in 72727

Price
AVG $350K
$3.47M
Taxes
AVG $316,847
$7,081
Year Built
AVG 2006
2007

Areas That We Cover

507 Madison 5189 Elkins, AR is a Single Family Home for sale at $3465000 with 5700 sqft and a lot size of 97.48 Acres Acre(s). 507 Madison 5189 Elkins has 5 bedrooms, 4 baths and was built in 2007. The property's zip code is 72727 which is in Elkins, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Ben Forga

Ben Forga

REALTOR®

870-223-6610

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