3 Water Way Dr Heber Springs, AR 72543
Estimated payment $3,464/month
Total Views
53,700
5
Beds
3.5
Baths
2,970
Sq Ft
$202
Price per Sq Ft
Highlights
- Lake Front
- Resort Property
- Community Lake
- Heber Springs Middle School Rated A-
- River Nearby
- Traditional Architecture
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
- 26,572 Sq Ft 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
- Sheet Rock Walls or Ceilings
- 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 and Electric Dryer Hookup
Outdoor Features
- River Nearby
- Patio
- Outdoor Storage
- Porch
Utilities
- Central Heating and Cooling System
- Co-Op Electric
- Gas Water Heater
Community Details
- Resort Property
- 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 |
|---|---|---|---|---|
| 2025 | $3,424 | $101,959 | $16,000 | $85,959 |
| 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 | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/13/2026 02/13/26 | Price Changed | $599,500 | -4.1% | $202 / Sq Ft | |
| 10/30/2025 10/30/25 | Price Changed | $625,000 | -3.8% | $210 / Sq Ft | |
| 10/17/2025 10/17/25 | Price Changed | $650,000 | -3.7% | $219 / Sq Ft | |
| 09/19/2025 09/19/25 | Price Changed | $675,000 | -2.9% | $227 / Sq Ft | |
| 08/29/2025 08/29/25 | Price Changed | $695,000 | -4.2% | $234 / Sq Ft | |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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 | -- | -- | |
| Warranty Deed | $129,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $283,500 | New Conventional | |
| Previous Owner | $294,500 | Unknown | |
| Previous Owner | $220,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
About the Listing Agent
As Broker/Owner of RE/MAX Advantage Heber Springs, I have the privilege of representing high-net-worth clients in the sale of luxury lakefront and riverfront properties, commercial estates, expansive lots, and premier farms. My dedication to excellence, unmatched work ethic, and strategic approach have earned me a reputation as a trusted advisor in the real estate market, with clients returning time and again for my expert guidance. I specialize in working with both buyers and sellers, as well
Cheryl's Other Listings
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25032672
APN: 300-02647-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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