



Live where others vacation - and let the second home fund the dream. This two-home property on 2 acres along Hwy 101 in Gamaliel sits just 1.5 miles from 101 Marina and Norfork Lake. Keep one home as your full-time residence and rent the other, or run both as short-term rentals - already operating as successful Airbnbs with 5-star reviews and bookings secured. The main home offers 2,091 sq ft across two levels, featuring 4 bedrooms, a bonus office, and 3 full baths, plus a full walk-out basement. The separate 600 sq ft guest house includes 1 bed, 1 bath, a full kitchen, and a private back deck - 2,691 total sq ft of income-producing potential. Recent updates include a new electrical panel, plumbing throughout, and an 80-gallon water heater. The 2-acre lot leaves plenty of room to add a shop, boat storage, or whatever the lake life calls for. Just 12 miles to Mountain Home. Dual income. Lake lifestyle. Priced to move.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $500 | AUD $718* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.
Email enquiry to Re/Max Twin Lakes
Property ID: 110108015959
Original Property ID: 3yd-CARMLS-26019535