NOT LISTED FOR SALE

390 Cobblestone Ln Eureka Springs, AR 72631

Estimated Value: $1,333,459 - $1,877,000

5 Beds
4.5 Baths
5,234 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $1,195,000 $228 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,065/month

22 Days on Market

Highlights

  • In Ground Pool
  • Lake View
  • Community Lake
  • Eureka Springs Elementary School Rated A-
  • Craftsman Architecture
  • Fireplace in Bedroom

About This Home

As of May 2023

This home is the lakeside Shangri la you deserve: 5200+living SF, 3+ acres and breathtaking 20-mile lake
views overlooking the waters of Beaver Lake. Imagine sitting at the infinity edge pool or the firepit,
watching endless sunsets surrounded by nature’s beauty. The main level is an open living/dining/kitchen
area with a seamless indoor/outdoor relationship to the expansive upper deck with multiple sitting and
dining areas. The eat-in-kitchen and primary both lead out to the screened-in-porch with the same
memory-making views. The lower walk-out level, with a seamless visual relationship to the infinity edge
pool and hot tub, has a bar and oversized media/family room. You can store your ATVs, kayaks, and other
toys in the oversized lower garage. Not to be overlooked: 3rd level is a bunk room/bath that sleeps 7
people. Upper garage has HVAC. Shangri la is located 1 mile from Starkey Marina and you leased boat slip,
plus 12 miles to Downtown Eureka Springs for dinner and nightlife.

Last Agent to Sell the Property

Sapphire Team

Realty & Design Co Listed on: 03/27/2023

Last Buyer's Agent

Mark Mattmiller

New Horizon Realty, Inc. License #EB00056996

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,419

Year Built

  • Built in 2004

Lot Details

  • 3 Acre Lot
  • Rural Setting
  • Steep Slope
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 5,234 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Plantation Shutters
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Home Office
  • Library
  • Game Room
  • Storage Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Fireplace

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • High Efficiency Air Conditioning
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Space Heater
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank
  • Sewer Not Available
  • High Speed Internet
  • Satellite Dish

Additional Features

  • ENERGY STAR Qualified Appliances
  • Outside City Limits

Community Details

  • Point Mirage Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,419

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Water Body Name: Beaver Lake
  • Subdivision Name: Point Mirage
  • Directions: From Hwy 62 west. Left on 187. Left on Mundell Rd. Left into Point Mirage subdivision (Cobblestone Ln). Home is on the right.
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Appliances
  • Building Stories: 3
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 3
  • Year Built: 2004

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Some Gas Appliances, Counter Top, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood, Washer, ENERGY STAR Qualified Appliances, Plumbed For Ice Maker
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Bedroom, Gas Log, Living Room, Outside
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Hot Tub/Spa, Other, Pantry, Quartz Counters, See Remarks, Shutters, Walk-In Closet(s), Window Treatments, Multiple Living Areas, Storage
  • Living Area: 5234.0
  • Dining Room Type: Game Room, Great Room, Hot Tub/Spa, Library, Living Room, Office, Storage Room
  • Window Features: Double Pane Windows, Vinyl, Blinds, Plantation Shutters
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Hardwood Trees, Landscaped, None, Outside City Limits, Rural Lot, Steep Slope, Subdivision, Sloped, Views, Wooded
  • Pool Features: Gunite, In Ground, Pool, Private, Salt Water
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Construction Type: Cedar
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Balcony, Covered, Deck, Enclosed, Porch, Screened
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, ENERGY STAR Qualified Equipment, High Efficiency, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Propane, Space Heater
  • Heating Yn: Yes
  • Sewer: None, Septic Tank
  • Utilities: Electricity Available, Natural Gas Not Available, High Speed Internet Available, Propane, Septic Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Junior High Dist: Eureka Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2419.0
  • Tax Block: -
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 8, 2023
Sold by
Owen Howard
Bought by
Mermis Greg J
Seller's Agent
Sapphire Team
Realty & Design Co
Buyer's Agent
Mark Mattmiller
New Horizon Realty, Inc.
List Price
$1,495,000
Sold Price
$1,195,000
Premium/Discount to List
-$300,000
-20.07%
Views
8
Current Estimated Value
$1,582,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,820
Avg. Annual Appreciation
12.42%
Original Mortgage
$625,000
Outstanding Balance
$607,398
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$975,422

Purchase Details

Closed on
Aug 15, 2003
Sold by
Not Provided
Bought by
2001 Into Ream Luker Fam

Purchase Details

Closed on
Aug 4, 2000
Sold by
Wilson
Bought by
Luker

Purchase Details

Closed on
Sep 5, 1991
Sold by
Daley
Bought by
Wilson
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mermis Greg J $1,195,000 Kings River Title
2001 Into Ream Luker Fam -- --
Luker $58,000 --
Wilson $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mermis Greg J $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2023 05/11/23 Sold $1,195,000 -20.1% $228 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $1,495,000 +181.8% $286 / Sq Ft
05/30/2019 05/30/19 Sold $530,500 -11.1% $109 / Sq Ft View Prior Sale
04/30/2019 04/30/19 Pending -- -- --
10/30/2018 10/30/18 For Sale $597,000 -- $123 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $7,681 $157,610 $36,000 $121,610
2023 $5,626 $157,610 $36,000 $121,610
2022 $5,777 $157,610 $36,000 $121,610
2021 $6,029 $125,260 $20,000 $105,260
2020 $6,029 $125,260 $20,000 $105,260
2019 $4,020 $125,260 $20,000 $105,260
2018 $4,045 $125,260 $20,000 $105,260
2017 $4,045 $125,260 $20,000 $105,260
2016 $2,419 $57,530 $7,000 $50,530
2014 -- $57,530 $7,000 $50,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1242036

Northwest Arkansas Board of REALTORS®

APN: 423-00007-000