Land with Home for Sale in Holiday Island, Arkansas
123 Shields Dr, Holiday Island, AR 72631
Priced substantially below appraisal!! Extraordinary investment / development opportunity! Featuring approximately 12.03 acres surrounded by the beauty of Table Rock Lake! This unique property offers incredible potential for future development, whether expanding into a private estate, subdividing, or creating a high-end retreat or short-term rental community. The existing 6,200+ sq ft home provides a strong foundation with 4 bedrooms, 3.5 baths, multiple living areas, and lake views from the property. The home has a newer roof still under warranty. The gently rolling, usable land allows flexibility for additional structures, amenities, or investment expansion. With public utilities available and a prime location near lake access and recreation, this property combines immediate livability with long-term upside-an exceptional opportunity to create something truly special in one of Northwest Arkansas's most scenic lake areas.
Location
- Street address
- 123 Shields Dr
- County
- Carroll County
- Zip code
- 72631
- Community
- Unlotted Holiday Island
- School district
- Eureka Springs
- Elevation
- 1,028 feet
Directions
From Eureka Springs take AR 187 for 4 miles. Turn right on CR-254 for 2 miles. Turn Left on Shields Drive and travel 1 mile to Home at 123 Sheilds, Holiday Island..
Property details
- Acreage
- 12.03 acres
- Zoning
- Residential
- MLS #
- ARMLS 1343961
- Posted
Property taxes
- Recent
- $6,238
Parcels
- 320-04122-000
Legal description
REVISED UNIT 110 (ALSO KNOWN AS UNIT 132 BLOCK 1 LOT 1)
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- View
- Lake
- Features
- City Lot, Cleared, Level, Views
Exterior
- Parking
- Open
- Structures
- Storage
- Features
- Concrete Driveway
Structure
- Stories
- 1
- Water
- Public
- Sewer
- Public Sewer
- Heating
- Central, Heat Pump
- Cooling
- Central Air
- Materials
- Cedar, Rock
- Roof
- Shingle
- Windows
- Blinds, Wood Frames
Interior
- Rooms
- Bathroom x 4, Bedroom x 4
- Flooring
- Wood
- Fireplaces
- Yes
- Appliances
- Built In Oven, Built In Range, Dishwasher, Double Oven, Electric Cooktop, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Trash Compactor
- Features
- Attic, Built In Features, Ceiling Fans, Eat In Kitchen, In Law Floorplan, Multiple Living Areas, Pantry, Split Bedrooms, Walk In Closets, Wet Bar, Window Treatments
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 14, 2026 | Price drop | $849,000 | $25,000 -2.9% | ARMLS |
| Aug 10, 2026 | Price drop | $874,000 | $25,000 -2.8% | ARMLS |
| July 9, 2026 | Price drop | $899,000 | $100,500 -10.1% | ARMLS |
| May 22, 2026 | New listing | $999,500 | — | ARMLS |