Listing provided courtesy of Engel & Volkers Bentonville- MLS# 1342470MLS ProviderContact Information: 479-268-5170

507 Madison 5189Elkins, AR 72727

Single Family · 5 Beds · 4 Full Baths · 1 Half Bath · 5,700 Sq. ft. | 97.48 Acres
$5,500,000 Active

507 Madison 5189 Overview

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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.

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507 Madison 5189 Facts & Features

  • Type Single Family
  • Sq. ft. 5,700
  • Price/Sq.ft. $965
  • Lot 97.48 Acres

Details

General

Association/HOA

  • Association Fee 2 Frequency: Monthly

School Information

  • School District: Huntsville

Building Information

  • New Construction: false
  • Year Built: 2007
  • Year Built Details: Resale (less than 25 years old)

Location/Region

  • County Or Parish: Madison
  • Postal City: Elkins
  • Subdivision Name: /

Tax Information

  • Tax Annual Amount: 7081.0

General Information

  • Disclosures: Seller Disclosure
  • Parcel Number: 001-02465-001
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total: 5
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 5700.0

General Information

  • Appliances: Counter Top,Dishwasher,Electric Water Heater,Gas Cooktop,Microwave,Plumbed For Ice Maker
  • Fireplace Features: Bedroom,Family Room,Outside,Wood Burning
  • Fireplace: true
  • Fireplaces Total: 3
  • Flooring: Wood
  • Foundation Details: Block
  • Interior 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
  • Laundry Features: Washer Hookup,Dryer Hookup
  • Levels: Three Or More
  • Living Area: 5700.0
  • Living Area Source: Owner
  • Rooms Total: 0
  • Security Features: Security System,Smoke Detector(s)
  • Stories: 3

Exterior

Parking Information

  • Parking Features: Detached,Garage

Lot Information

  • Additional Parcels Description: 001-02485-000
  • Lot Features: Cleared,Hardwood Trees,Landscaped,Not In Subdivision,None,Outside City Limits,Rural Lot,Views,Wooded
  • Lot Size Acres: 97.48
  • Lot Size Area: 97.48
  • Lot Size Units: Acres
  • Pasture Area: 5.48
  • Road Surface Type: Gravel
  • Wooded Area: 92.0

Waterfront/View

  • View: true
  • Waterfront Features: Creek,Pond

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Wood Siding
  • Patio And Porch Features: Covered,Deck
  • Roof: Metal
  • Structure Type: House

General Information

  • Covered Spaces: 2.0
  • Exterior Features: Concrete Driveway
  • Fencing: Partial,Picket,Privacy,Wood
  • Other Structures: None,Workshop
  • Road Frontage Type: County Road
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Propane,Septic Available

507 Madison 5189 Neighborhood

Community

72727 (Elkins) Demographics

40
Median Age
41
Population Density (per sq. mile)
21%
College Educated
$61,107
Estimated Median Income
1,890
Estimated Total Home Owners
520
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

507 Madison 5189 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

507 Madison 5189 Market Data

Based on the last 30 days in this zip code

$495,813
Average List Price
$240
Average Price per Square Foot
10
Properties Sold
80
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

507 Madison 5189 History

Date Event Value Agent
4/13/2026Source: Northwest Arkansas MLS Added to Database
April 13, 2026