Over the last several weeks, I’ve had so many irons in the fire. I’ve been working real estate, working my own personal deals, managing my Airbnb…and in the midst of all of that, I secured the purchase of another Airbnb- the Stone Manor Airbnb! I’m so excited to add to my Airbnb portfolio, and I’ve loved this particular house for many years! Located near Flip 5 in the historic downtown, it’s location is stellar, it’s charm is impeccable, and it’s potential is staggering!
The Stone Manor Airbnb
You can see why I have drooled over this house for years. Its charming “Currier & Ives” exterior just sucks you in, and the gorgeous changing leaves just add to the appeal! The Stone Manor Airbnb is much larger than the Airbnb cottage. At almost 2,000 square feet, it has three full bedrooms, two bathrooms, a spacious living room, and the most amazing location! Like the cottage, this will be a full-time vacation rental. Unlike the cottage, I partnered with my parents on this one. I’m super excited about this purchase and the potential this particular property will give me in my journey towards buying a Florida house.
Unlike the cottage Airbnb, this purchase was all off-market. I knew the sellers previously, and I knew (thanks to Facebook!) they were in a situation where they needed to sell. I reached out and offered to purchase. Over the course of a few weeks, we wrapped up the deal and closed on it today! For obvious reasons, off-market deals are my favorite, but they are a unicorn to be sure! I’m very grateful I got this deal ironed out, and I’m ready for my next Airbnb adventure!
The house was obviously compelling as an investment, but I know this particular neighborhood extremely well. I’ve met with the city, and I stay up-to-date on plans for the area. This week, they’re installing a new bike path at the end of the street that will connect with the expansive greenway trails in our area, and thanks to Walmart, the Waltons, and Tyson Foods, millions of dollars are being invested in and around this neighborhood. This is now my 2nd property to own in this neighborhood, and I’m sold on the extreme potential of this neighborhood!
This beautiful home was built in 1951, and it was built to last! The interior shows true quality craftsmanship! I’m so excited to get my hands on this one and get it staged and ready for bookings! The living room has stunning original wood floors, wood beam ceilings, and a stone fireplace. I have big plans for this room! I envision families watching movies, playing games, and enjoying a weekend away in this spacious room!
I love all of the original woodwork- the floors, built-ins, beams, & the mantle! I won’t be touching it at all. The only facelift this room will get might be some new lighting eventually and softer staging items.The living room leads directly onto a covered side porch that will be a huge asset once summer gets here!
While the first several months of this Airbnb will be during cold, winter months, I know this little porch will be the main draw come summer! Can’t you imagine some summer hangouts here? I’ve got some staging to do, but I think it’ll be a great little asset to guests!
This very traditional two story home has been well preserved over the years. I’m fortunate that all I have to do is a little paint and staging, and she’s ready for her new life as a vacation rental. I like when they’re turn-key! Sure, I’d love to change some things for my personal taste, but I won’t be doing that because it won’t add to my Airbnb revenue. The bulk of my money has gone to staging- paying homage to the traditional, but giving it a comfortable and updated feel as well.
The home is large enough that it has a spacious formal dining room. Whether it’s take-out or a home-cooked meal, I’m excited about families gathering around a large table to talk about their adventures from the day. Maybe they went biking on the trails, or they’re planning their visit to the University of Arkansas the next day- I think a lot of good memories happen around a table, so I’m excited about a formal dining room! I’ll be introducing some more subtle colors in this space with my standard favorite gray paint and some accents this room needs!
The kitchen is small- a reminder of the era it was built. The cabinets are original, and I will certainly leave them. I’d love to paint them, but I think the neutral white will be fine. I am, however, soothing the wall color and getting rid of the lime green. Luckily, most Airbnb guests don’t require a large chef’s kitchen, so I think this one will meet their needs just fine.
In an effort to maximize on space, much like the cottage Airbnb, we will have two twin beds in one room. We negotiated with the seller to purchase this daybed, and I’ve purchased a trundle bed to store underneath it. So I’ll have two sleeping areas in this one room. I have learned from my cottage Airbnb having at least two twin beds is really helpful as many people travel with children or multiple adults travel in a party.
What I love about old houses in general is their quirkiness, and this house has some of that! Of the three bedrooms, there isn’t a square bedroom at all. They all have nooks and alcoves, sloped ceilings, and even secret rooms. It’s the coolest old house I’ve seen in a while! For safety reasons, the secret rooms will be secured and locked from guests, and I’ll just utilize them for storage.
Each room will have a different feel and decor. This particular room had beautiful, real wood paneling that I don’t plan to remove or paint! Instead, I’m using that rustic feel to stage this room as the “Lodge Room.” Think cozy fishing cabin– but not as rough! The lodge room has the largest “secret room” (can you see the hidden door in the paneling?). That will serve as the primary owner’s closet to store essentials and supplies.
And let’s all take a moment to appreciate that the house has its original clawfoot tub! I don’t plan to touch the bones of this bathroom, but I would like to give it a more spa like feel with soft towels, ditch the curtains, and plenty of bubble bath for guests! I am such a sucker for a clawfoot tub!
All houses have their quirks! One of the quirky updates that happened over the years was an added shower where one didn’t exist. Downstairs, the only original bathroom was just a powder room, leaving the clawfoot tub bathroom as the only full bathroom. So at some point, a previous owner utilized some dead space in the laundry room to add a stand-up shower. Yes, it’s odd to have a shower in a laundry room; however, it greatly benefits the house. The laundry room is adjacent to the powder room, so it’s not totally weird!
We closed on this beauty today, so I’ll spend the next few days feverishly painting and staging. I hope to have her ready to rent by mid-week next week. We already have our first guests booked (friends of the sellers!) in a couple weeks, so we don’t plan to waste any time! Once I get the house fully furnished and ready for bookings, I’ll be sure to do a post with the updates and link to book it! In the meantime, if you’re planning on making a trip to NWA, check-out my cottage Airbnb as well!