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Land with Home for Sale in Elizabeth, Arkansas

197 Shoreleave Ln, Elizabeth, AR 72531

$624,000
5 acres
Active sale
$18k drop
Est $3,339/mo

Tucked away on 5 private ac m/l & almost entirely surrounded by govt strip, this stunning custom-built 2,625 sq ft m/l home offers a level of privacy and seclusion that's hard to find on Norfork Lake. With nature as your backdrop & the lake at your fingertips, this property feels like your own peaceful retreat. Inside, soaring vaulted ceilings, rich wood floors, & dramatic floor-to-ceiling windows flood the open floor plan with natural light & capture the beauty of the surrounding landscape. The home features 4 bedrooms, 3.5 baths, office/den, & extra storage! Step outside onto the massive covered deck, the perfect place to entertain, unwind, & enjoy the quiet setting. The 3-car heated & cooled garage includes a workshop & half bath. There's also a 1,600+ sq ft outbuilding ready for boats, lake toys, equipment, or hobbies. If you've been searching for a private lake-area escape with acreage, space, & unmatched tranquility, this one checks all the boxes!

2,625
Sq feet
4
Beds
3
Full baths
1
1/2 bath

Location

Street address
197 Shoreleave Ln
Zip code
72531
Elevation
714 feet
Coordinates
36.3376, -92.2247

Property details

Acreage
5 acres
MLS #
NCBR 133442
Posted

Property taxes

2025
$4,153

Parcels

  • 002-09606-000

Legal description

Details and features

Listing

Type
Residential

Lot

View
Lake
Waterfront
Yes
Features
Borders Government Strip, Cul-de-Sac, View

Exterior

Pool
Deck, Porch
Structures
Outbuilding
Features
Gutters, Outbuildings, RV Parking

Structure

Stories
2
Water
Private
Heating
Central, Propane
Cooling
Central Air, Electric
Windows
Double Pane Windows, Wood Frames

Interior

Rooms
Bathroom x 4, Bedroom x 4, Den
Appliances
Dishwasher, Gas Range/Oven, Washer/Dryer Hookups
Features
Laminate Floor, Smoke Detectors, Tile Floors, Vaulted Ceiling(s), Walk in Closet, Wood Floors

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
May 31, 2026Price drop$624,000$18,000 -2.8%NCBR
May 29, 2026Price drop$642,000$2,000 -0.3%NCBR
Apr 7, 2026Price drop$644,000$15,900 -2.4%NCBR
Feb 26, 2026New listing$659,900NCBR
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This 5-acre property is located at 197 Shoreleave Ln in Elizabeth, AR 72531. The property is available for sale for $624,000. It has a 2,625 sq ft 4 bedroom, 3 bath house.

Listed by Peglar Real Estate Group, (870) 425-4300

Checked 2 hours agoUpdated Source

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