Multifamily Land for Sale in Holiday Island AR offering rare R-3 zoning on a 0.24-acre lot just minutes from Eureka Springs and Table Rock Lake. Build a duplex, triplex, or up to a 4-unit multifamily development and capitalize on the growing demand for both long-term rentals and vacation properties, Airbnb, in the Ozarks. Utilities are available, making this an excellent opportunity for investors, builders, or buyers looking to create multiple income streams from one property. Holiday Island continues to attract retirees, outdoor enthusiasts, seasonal visitors, and full-time residents with nearby golf courses, marina access, hiking, fishing, and boating. Whether you're planning an income-producing rental portfolio, Airbnb investment, or live-in investment property, this affordable development lot offers outstanding potential in one of Northwest Arkansas' most desirable recreational communities. Multifamily opportunities like this don't come along often.