3 Water Way Dr Heber Springs, AR 72543
Estimated payment $4,238/month
Total Views
2,082
5
Beds
3.5
Baths
2,970
Sq Ft
$244
Price per Sq Ft
Highlights
- Popular Property
- Community Lake
- Traditional Architecture
- Lake Front
- Stream or River on Lot
- Wood Flooring
About This Home
Welcome to your dream lakefront retreat! This 5-bedroom, 3.5-bath home offers 2,970 sf of single-level living with a well-designed split floorplan & open-concept layout, perfect for both relaxed living & entertaining. Recent remodeling adds fresh appeal & modern touches throughout, enhancing the home’s already warm & inviting feel. Enjoy the large rock wood-burning fireplace with custom built-ins in one of the 2 spacious living areas, ideal for cozy evenings after a day on the lake. The spacious kitchen features stone countertops, a gas range, & abundant cabinetry, flowing seamlessly into the living spaces. A separate dining room offers flexibility to be used as a formal dining area or a home office to suit your lifestyle. Step outside to a covered patio overlooking a large fenced backyard, perfect for entertaining or simply enjoying the peaceful setting. A storage building adds convenience for tools & lake gear. Situated in a desirable subdivision & path leading to Greers Ferry Lake, this property offers easy access to the water & is just minutes from Heber Springs, Red Apple Inn, & nearby marinas. Don’t miss your chance to own a slice of lakefront paradise!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,424
Year Built
- Built in 1979
Lot Details
- 0.61 Acre Lot
- Lake Front
- Partially Fenced Property
- Chain Link Fence
- Level Lot
Parking
- Parking Pad
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,970 Sq Ft Home
- 1-Story Property
- Built-in Bookshelves
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Insulated Windows
- Insulated Doors
- Great Room
- Family Room
- Formal Dining Room
- Open Floorplan
- Lake Views
Kitchen
- Breakfast Bar
- Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Stream or River on Lot
- Patio
- Outdoor Storage
- Porch
Utilities
- Central Heating and Cooling System
- Co-Op Electric
- Gas Water Heater
Community Details
- Community Lake
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,113 | $72,387 | $16,000 | $56,387 |
| 2023 | $3,113 | $72,387 | $16,000 | $56,387 |
| 2022 | $2,738 | $72,387 | $16,000 | $56,387 |
| 2021 | $2,489 | $57,894 | $15,000 | $42,894 |
| 2020 | $2,489 | $57,894 | $15,000 | $42,894 |
| 2019 | $2,196 | $57,894 | $15,000 | $42,894 |
| 2018 | $2,018 | $57,894 | $15,000 | $42,894 |
| 2017 | $1,828 | $57,894 | $15,000 | $42,894 |
| 2016 | $1,662 | $39,282 | $7,500 | $31,782 |
| 2015 | $1,662 | $39,282 | $7,500 | $31,782 |
| 2014 | -- | $39,282 | $7,500 | $31,782 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $725,500 | +39.0% | $244 / Sq Ft |
| 11/17/2022 11/17/22 | Sold | $522,000 | -8.4% | $225 / Sq Ft |
| 08/29/2022 08/29/22 | For Sale | $569,900 | +80.9% | $245 / Sq Ft |
| 09/18/2019 09/18/19 | Sold | $315,000 | -7.3% | $136 / Sq Ft |
| 09/12/2019 09/12/19 | Pending | -- | -- | -- |
| 08/12/2019 08/12/19 | For Sale | $339,900 | +23.6% | $146 / Sq Ft |
| 06/23/2015 06/23/15 | Sold | $275,000 | +10.4% | $93 / Sq Ft |
| 05/24/2015 05/24/15 | Pending | -- | -- | -- |
| 03/19/2014 03/19/14 | For Sale | $249,000 | -- | $84 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $522,000 | Professional Land Title | |
| Warranty Deed | $315,000 | American Abstract & Title Co | |
| Warranty Deed | $280,000 | Cornerstone Title & Escrow S | |
| Trustee Deed | $275,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $129,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $340,000 | New Conventional | |
| Previous Owner | $283,500 | New Conventional | |
| Previous Owner | $294,500 | Unknown | |
| Previous Owner | $220,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Heber Springs, AR
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25032672
APN: 300-02647-000
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