798 Karbers Ridge Road, Elizabethtown, IL 62931 For Sale

This is a rare opportunity to own a turnkey short-term rental and event property set on 88 acres in the heart of Southern Illinois' outdoor recreation corridor. Located within the Shawnee National Forest and adjoining it on three sides, this property offers unmatched access, privacy, and natural beauty. The property features a lodge-style home with exposed beams and tall vaulted ceilings, creating a warm and inviting space that fits perfectly with the surrounding landscape. An 80x70 pole barn has been partially finished for commercial use, including a full commercial kitchen, two bathrooms, and a large lounge and recreation area-ideal for hosting events, group gatherings, or expanding business operations. There are seven individual rental units currently in operation, generating consistent income with nightly rates ranging from $126 to $260 and an average nightly rate of approximately $183. The layout allows for flexibility in accommodating weekend travelers, outdoor enthusiasts, and larger group bookings. The location is a major draw. Surrounded by the Shawnee National Forest, the property provides direct access to miles of trails and is well suited for a horse camp, hiking basecamp, or destination retreat. Nearby attractions include Rim Rock Trail, Garden of the Gods, Pounds Hollow Lake, and Cave-In-Rock State Park, along with scenic springs, waterfalls, and endless opportunities for hunting, fishing, and hiking. This property combines strong income potential, functional improvements, and a premier location into a unique investment opportunity in one of the most sought-after outdoor regions in the Midwest.