Circular Logic: This Restored Round House in Arkansas Awaits the Right Fit

Sometimes home buyers will buy a house out of necessity, but other times they fall in love with one. The owners of the Roundhouse in Eureka Springs, AR, fell in love with it back in 2000.

Others in the town of roughly 2,000 people saw only an old limestone structure, built in 1886, that had been used to store gas for old streetlights. But the new owners saw potential to create a home that reflected the factory aesthetic of America's Industrial Age while including all sorts of modern conveniences.

The Roundhouse, on the market now for $595,000, is a completely rebuilt and modernized structure from the one the current owners first laid eyes on. "They took it all the way down to basement floor," notes listing agent Gene Bland.

New wiring, new plumbing, and new heating and air-conditioning units were added during the 2001 restoration, as was a top floor. Wood was brought from the Ozark National Forest, where the owners had another property, Bland says. Spiral stairs created by a local artist perfectly echo the home's curved spaces.

Special windows were ordered -- 47 in all -- that mimicked the look of old factory windows. Steel beams had to be installed to support the structure after owners discovered a small river running underneath it.

The 4,356-square-foot home now has two bedrooms, three bathrooms, and two half-baths. Its lowest level is a four-car garage. Above that is a floor with a bedroom, bathroom, kitchen, and dining room.

The third level, which includes the main entrance for the hillside home, has the living room and a bar area, used in the past when corporate events were hosted there.

The top floor has a sitting room and another space the current owner is using as a crafts room, Bland explains. The crafts room, which has a Murphy bed, could easily be converted into a guest bedroom, he notes. An elevator also connects all the floors.

The property has commercial zoning, given that it's at the north end of historic downtown Eureka Springs, and so the new owner could continue to host events there or convert it into a bed-and-breakfast, Bland notes. The area is a popular tourist destination thanks to its many hot springs, which folks flock to for their perceived health benefits.

A new owner may not realize any health benefits from living in the Roundhouse, but it's fair to assume that he or she will fall in love with it just as the present owners did over 15 years ago.