Check This Out! Secluded Lake Home on 20 acres m/l bordering the Government Strip. This 2-bedroom, 2-bath home features vaulted ceilings, warm knotty pine interior, creating a cozy, rustic atmosphere. A massive 30x70-insulated garage with large pull-through doors offers ample space for equipment, boats, or RVs. Approximately 10 acres m/l are fenced with wire, making it ideal for livestock or pets. The property also includes a creek, natural springs, RV hookups, a storage shed, and a whole-home generator. Abundant wildlife and quiet surroundings.
Sold for $295,000
$295,000
1229 Moonlight Ter, Gamaliel, AR 72537
2beds
1,200sqft
Single Family Residence, Lake Home
Built in ----
20.16 Acres Lot
$302,100 Zestimate®
$246/sqft
$1,279 Estimated rent
Home value
$302,100
$224,000 - $408,000
$1,279/mo
Zestimate® history
Owner options
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$1,279/mo
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$1,279/mo
Rent Zestimate®
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$1,360/mo
Est. payment
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$1,360/mo
Est. payment
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List your homeWhat's special
Natural springsBordering the government stripRv hookupsVaulted ceilingsWarm knotty pine interiorCozy rustic atmosphere
Zillow last checked:
Listing updated:
Listed by:
Wil Altazan 870-706-0947,
PEGLAR REAL ESTATE GROUP
Bought with:
Cristy Bowers
BEAMAN REALTY
Source: Mountain Home MLS,MLS#: 131820
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Electric Range, Microwave, Washer, Dryer
Features
- Basement: None
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Has garage: Yes
Features
- Body of water: Lake Norfork
Lot
- Size: 20.16 Acres
Details
- Parcel number: 00211095003
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Lake Home
Materials
- Masonite
Community & neighborhood
Location
- Region: Gamaliel
- Subdivision: Meadowbrook Rnc
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $295,000$246/sqft |
Source: Mountain Home MLS #131820 Report a problem | ||
| 6/27/2025 | Listed for sale | $295,000$246/sqft |
Source: Mountain Home MLS #131820 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,067 -8.6% | $36,510 |
| 2024 | $1,167 -6% | $36,510 +37.2% |
| 2023 | $1,242 +47.9% | $26,610 |
| 2022 | $840 +7.4% | $26,610 +5% |
| 2021 | $782 | $25,340 |
| 2020 | $782 -2.2% | $25,340 |
| 2019 | $800 -28.8% | $25,340 |
| 2018 | $1,124 | $25,340 |
| 2017 | $1,124 | $25,340 +5.8% |
| 2016 | $1,124 +15.9% | $23,960 +172% |
| 2015 | $970 +152.3% | $8,810 |
| 2014 | $385 +25.8% | $8,810 |
| 2013 | $306 | $8,810 |
| 2012 | -- | $8,810 |
| 2010 | -- | $8,810 |
| 2009 | -- | $8,810 |
Find assessor info on the county website
Neighborhood: 72537
Nearby schools
GreatSchools rating
- NANelson Wilks Herron Elementary SchoolGrades: 1-2Distance: 12.4 mi
- 8/10Pinkston Middle SchoolGrades: 6-7Distance: 13.7 mi
- 6/10Mtn Home High Career AcademicsGrades: 8-12Distance: 14 mi
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- Arkansas
- Baxter County
- Gamaliel
- 72537
- 1229 Moonlight Ter
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