Welcome To Future Land Investments
CHEROKEE VILLAGE, ARKANSAS


Cherokee Village is not only a premier retirement area located in the foothills of the Ozark Mountains but 51% of the population is under 50 years old.
Its central location offers easy accessibility to three separate states. Little Rock, Arkansas, Springfield, Missouri and Memphis, Tennessee are all within 150 miles. The city of Hardy is just 6 miles from the mountain paradise. Cherokee Village is 13,000 acres of beautiful wooded land loaded with recreational activities for all ages to enjoy. In this planned community you will find two 18-hole golf courses for the avid golfing enthusiast. It is also very close to the Spring River, which is one of the seventh largest natural springs in the world. There is also shimmering Thunderbird Lake in the vicinity which offers great fishing, boating and picnicking facilities. Other recreational activities in the area are tennis, swimming, as well as horseback riding.

Beautiful oak-forested lots in Cherokee Village, Arkansas: America's premier residential resort community. The property has SID (Subdivision Improved District) and taxes (they are approximately $160.00 per year). There are no homeowner association dues in Cherokee Village! Your only annual cost is the property tax due in October of each year.

There is WATER, ELECTRIC, PHONE, and PAVED ROADS available to you when you build in Cherokee Village.
CHEROKEE VILLAGE was developed by Cooper Communities, Inc, and is the permanent residence for 4,640 people. There are residential home sites as well as townhouses and condominiums, to timeshares and Fountain Place.

CHEROKEE VILLAGE is located in the Ozark Mountains of Northern Arkansas, about 20 miles south of the Missouri border. It is an upscale resort and retirement community with many Lakes and Ponds, two golf courses for property owners only, and even a landing strip for small planes. The climate is enjoyable year round. The location is ideal for anyone in the middle part of USA - a day's drive or less from Chicago, Cincinnati, Nashville, and Birmingham. It's only a few hours from Little Rock and Memphis.


Walk to at least one of seven great private lakes:
Lake Thunderbird: is 264 acres, and over 7.2 miles of shoreline, the maximum depth can reach 75', Great for fishing, boating, skiing. - Private for Owners & Guests Only!!!
Lake Cherokee: is 37 acres, has 1.461 miles of shoreline, with a maximum depth of 40'. - Private for Owners &Guests Only!!!
Lake Navaho: is 34 acres, with a maximum depth 25', great for fishing lake. - Private for Owners &Guests Only!!!
Lake Sequoyah: is 75.5 acres, with over 2.361 mile shoreline, with a maximum depth 55'. This lake is good fishing and boating. - Private for Owners &Guests Only!!!
Lake Chanute: is 65 acres, with 2.273 miles of shoreline, great fishing lake. - Private for Owners &Guests Only!!!
Lake Omaha: is 139 acres, with 4.7 miles of shoreline, the maximum depth 40', another great lake for fishing, boating, skiing. - Private for Owners &Guests Only!!!
Lake Aztec: is 19.3 acres, good fishing lake. - Private for Owners &Guests Only!!!
Golfers you'll love the TWO championship 18 hole golf courses
The North Golf Course - Private for Owners & Guests Only!!!
The South Golf Course is open to the public

Minutes away are also Omaha Marina and Omaha Center, a multi-purpose facility for meetings and year-round entertainment events. Omaha Center facilities amenities include a fully-equipped stage, a large auditorium, small meeting rooms, and a fully-equipped kitchen.
You can afford to plan your dream home at your own pace. Land owners qualify to use all lakes and facilities in this 15,000 acre community.


As soon as you become a Cherokee Village property owner, you can obtain an ID card and use all of the wonderful amenities in Cherokee Village:
• Property Owner rights for swimming & fishing on all seven lakes.
• Discount at all swimming pools (six of them).
• Property Owner rights to use North Golf Course (property owners only).
• Discounts at all Golf Courses.
• Property Owner rights to use & rent Community Centers.
• Property Owner rights to use the Horseshoe Court and Shuffleboard Court and tennis courts.
• Property Owner rights to use exercise rooms.
• Property Owner rights to rent a boat slip.
• Discount camping and overnight RV parking.



FREQUENTLY ASKED QUESTIONS
Q- What is the cost to get electricity to a lot?
A. - In Fulton County, the first 1/4 mile is free, the next 1/4 mile is $2.00 per foot, and the next 1/4 mile is $4.00 per foot. In Sharp County, it will depend on the distance from existing service and the estimated usage of the proposed house. However, all of the lots we offer can be connected to the electric suppliers system for the following charge to the property owner. In Fulton County the cost is $181.66 which includes a $130.00 refundable deposit, In Sharp County there is a $170.00 refundable deposit.
Q. - What is the cost of a building permit?
A. - The cost of a building permit varies according to the size of the home. For example, for a home up to 1,500 sq. ft. the permit is $480.00 and $180.00 of that is refundable when the home is completed.
Q. - What is the cost of a Septic System?
A. - A septic system on a typical lot will usually cost between $2,500 and $3,500. In addition, you will need a percolation test which typically will cost about $300.00.
Q. - What is the cost of water connection?
A. - The cost to connect to the Cherokee Village Water System is $185.00 for a residential customer.
Q. - Can I get temporary water and electric service?
A. - You can get temporary water and electric service after you have obtained a building permit.
Q. - What is the average square foot cost for new construction?
A. - The cost of new construction in the village is around $60.00 per sq. ft. of heated area and $30.00 per sq. ft. of non-heated area (garage, etc.)
Q. - If I buy two side by side lots can I combine them and then build in the middle of them?
A. - The lots will always be considered two separate lots with two side assessments (about $135.00 per year each) but you can build a house that covers a portion of both lots.
Q. - Are there any areas that allow mobile homes, trailers, shacks in this subdivision?
A. - There is one subdivision in Cherokee Village that is for mobile homes only. In all other subdivisions mobile homes are prohibited. Trailers, shacks, etc. are prohibited.
Q. - Can I park an RV on my property?
A. - An RV may be parked at a residence on a temporary basis. An RV can not be parked on a lot that does not have a residence. There is an RV Park available for property owners and their guests.
Q. - Is power overhead or underground?
A. - In most of Cherokee Village power is overhead.
Q. - Is the lake a fishing lake with maximum speeds?
A. - Cherokee Village has 7 lakes and all have good fishing. Waterskiing is allowed on the two largest lakes. The other lakes have a 10 m.p.h. speed limit.
Q. - Can you swim in the lakes?
A. - Swimming is allowed in all of the village lakes. In addition, we have a sand beach on lake Sequoyah for property owners and their guests.
Q. - Is the golf club private?
A. - The two golf courses are owned by the Suburban Improvement District, which holds Title for the benefit of the property owners. As a property owner you automatically have access to the golf courses. Either by paying a daily greens fee or by paying an annual membership fee. If you don't golf you don't have any cost other than the annual SID Assessment which is about $135.00 per lot per year.
Q. - What are the conditions of the roads?
A. - The roads in the area where we offer lots are in good condition. There are some areas in Cherokee Village where the roads need repair.
Q. - Are you required to environmental impact studies before building?
A. - No
Q. - Are there any environmental concerns in the area?
A. - None that we are aware of.
Q. - Can you drill your own well?
A. - Private wells are prohibited. We have a central water system that is available to all lots.
Q. - What are the SID Assessments?
A. - The Suburban Improvement District (SID) owns and maintains the two golf courses, the seven lakes, the two recreation centers, many parks, and the fire department. It receives some of its funds from use fees and the balance from an annual assessment it levies against each lot. The assessment averages $135.00 per lot per year. There is no increase in the assessment anticipated at this time.
Q. - How much are the Real Estate taxes each year?
A. - The actual Real Estate tax will be between $5.00 and $10.00 each year. In addition, the SID Assessment will be about $135.00 each year. Both of these charges appear on your tax bill and must be paid at the same time. Payment is due on or before October 10th each year.
Featured Community
WHY ARKANSAS?
BY ROY TANKSLEY, COLUMNIST FOR "THE PACESETTER TIMES", HORSESHOE BEND, AR.
Arkansas is known as the natural state because of its natural beauty. Home of the Ozark Mountains, this area is a favorite for outdoors folks as well as retired persons. All four seasons are celebrated with moderate temperatures and a variety of activities. People from all over the world come to Arkansas to play on the internationally acclaimed golf courses as well as fish in any of the hundreds of lakes and streams. Yet Arkansas offers so much more.
Nature explodes in amazing colors year round in Arkansas. Flowers are almost always in bloom and the wildlife is incredible. Home to the white-tailed deer, it is common to see these gentle animals in woods and fields. Birds of all types, colors and sounds can be seen and heard throughout this area.
Arkansas became the 25th state in 1836, deriving its name from the French word meaning "downriver people" which describes the Quapaw people who settled along the Arkansas River. Much of its history comes from the Native Americans who settled in this area and many towns get their names from these native settlers. For instance, Cherokee Village has borrowed names from all of the North American tribes to name its streets. All seven of the lakes in Cherokee Village have Native American names: Thunderbird, Sequoyah, Omaha, Chanute, Aztec, Navajo, and Cherokee. Boating, fishing, golfing, swimming, and canoeing are extremely popular, and people come from all over to enjoy the clean air and peaceful atmosphere of this sportsman's paradise. The South Fork River winds through this breathtaking scenery allowing canoes and rafts to float leisurely from Cherokee Village to Hardy.
A wide variety of people peacefully coexist in Arkansas, which creates a comfortable live-and-let-live attitude that allows Arkansas to grow and flourish. A mixture of southern hospitality, progressive ideas and accepting attitudes give Arkansas a warm and friendly feeling...people in Arkansas can best be described as "genuinely nice". There is a large variety of religions, and cultural diversity is a part of what makes Arkansas so unique. A sizeable part of the Arkansas population is made up of people transplanted from other states. Many come to visit for a week and end up staying for a lifetime.
Real estate prices are extremely affordable, and taxes are much lower than most other places. The real estate market is booming as people begin to discover the hidden treasures of Arkansas. The most expensive house in Cherokee Village costs less than the average home in California. Low crime rates, affordable housing and a wide variety of career opportunities make this haven so very appealing to many people who are tired of the hectic pace of life in more populous areas. Retired persons have a great selection of services available to them including excellent heath care and access to various programs provided especially with them in mind.
Education is a primary focus as well, with colleges and universities creating satellite programs to encourage local citizens to continue their education, and assistance programs are available to help defray the cost of continuing education. The public school system is innovative with up-to-date computer labs and after-school programs allowing students to participate in various sports and club activities. Young families find that the safety and security of this area, coupled with good educational opportunities, make NE Arkansas a perfect place to raise a family. Fulton and Sharp counties rank very high state wide in the educational system.
Good food, good music, and good friends are in abundance. Community social events are regular occurrences and everyone is welcome to attend. Regardless what the interest is, there is a club designed to bring like minds together. Most of the counties in Arkansas are "dry" which helps to keep the crime rate quite low, but there for those who like an occasional tipple, there are private clubs where alcoholic drinks are served and a couple can enjoy a night out on the town.
With increasing national exposure, including a recent article in the "New York Times", purchasing property in Arkansas is now considered to be one of the smartest investments. As the baby-boomer generation begins to retire, the prices of real estate in Arkansas will rise to meet the predicted influx of retirees. There is an abundance of undeveloped land to be built on, for both residential and commercial purposes. All in all, there has never been a better time to secure your future and stake your claim in this bountiful state.
Whether you are interested in purchasing property as an investment, or looking for a wonderfully safe and serene area to live, Northeastern Arkansas is a place where your dreams can really come true. Nature hikes, fishing, theater and concerts, good-hearted neighbors, and endless opportunities are a few of the many advantages to living in Arkansas. It is one of the last magical, unspoiled corners of the earth.