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For sale
    • Price cut: $100.5K (7/8)
    $899,000

    123 Shields Dr, Eureka Springs, AR 72631

    4beds
    6,276sqft
    : 
    $5,622/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    12.03 Acres Lot
    $824,700 Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Gently rolling usable land
    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.
    64 days
    |
    792
    |
    35
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Henry 479-420-0531,

    Simplicity Real Estate Solutions 479-420-0531,

    Kelly Marie Stegall 479-287-7277,

    Simplicity Real Estate Solutions

    Source: ArkansasOne MLS,MLS#: 1343961MLS LogoOriginating MLS: Northwest Arkansas Board of REALTORS MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Central, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Range, Built-In Oven, Double Oven, Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Plumbed For Ice Maker
      • Laundry: Washer Hookup, Dryer Hookup
      Features
      • Attic, Wet Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Pantry, Split Bedrooms, Storage, Walk-In Closet(s), Window Treatments, In-Law Floorplan, Multiple Living Areas
      • Flooring: Wood
      • Windows: Wood Frames, Blinds
      • Has basement: No
      • Number of fireplaces: 3
      • Fireplace features: Gas Log, Living Room
      Interior area
      • Total structure area: 6,276
      • Total interior livable area: 6,276 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: Detached, Garage Door Opener
      • Has garage: Yes
      • Covered spaces: 5
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Concrete Driveway
      • Pool features: Pool, Community
      • Fencing: Partial
      • Has view: Yes
      • View description: Lake, Seasonal View
      • Has water view: Yes
      • Water view: Lake
      • Body of water: Table Rock Lake
      Lot
      • Size: 12.03 Acres
      • Features: Cleared, City Lot, Level, Views
      Details
      • Additional structures: None
      • Additional parcels included: 32004122003
      • Parcel number: 32004122000
      • Zoning description: Residential
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Cedar, Rock
      • Foundation: Slab
      • Roof: Architectural,Shingle
      Condition
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Biking, Clubhouse, Dock, Fitness, Playground, Park, Tennis Court(s), Lake, Near State Park, Near Schools, Pool, Trails/Paths
      • Security: Smoke Detector(s)
      • Subdivision: Unlotted Holiday Island
      HOA
      • Has HOA: No
      Location
      • Region: Eureka Springs

      Financial & listing details

      • Price per square foot: $143/sqft
      • Tax assessed value: $843,100
      • Annual tax amount: $6,238
      • Date on market: 5/16/2026
      • Cumulative days on market: 70 days
      • Road surface type: Paved

        Estimated market value

        $824,700

        $783,000 - $866,000

        $2,197/mo

        Price history

        DateEventPrice
        7/8/2026Price change$899,000-10.1%$143/sqft
        Source: ArkansasOne MLS #1343961 Report a problem
        5/22/2026Listed for sale$999,500+0.5%$159/sqft
        Source: ArkansasOne MLS #1343961 Report a problem
        8/28/2025Listing removed$995,000$159/sqft
        Source: ArkansasOne MLS #1298548 Report a problem
        4/18/2025Price change$995,000-11.6%$159/sqft
        Source: ArkansasOne MLS #1298548 Report a problem
        2/27/2025Listed for sale$1,125,000-43.7%$179/sqft
        Source: ArkansasOne MLS #1298548 Report a problem
        12/17/2023Listing removed--
        Source: ArkansasOne MLS #1248205 Report a problem
        6/16/2023Listed for sale$1,999,000+299.8%$319/sqft
        Source: ArkansasOne MLS #1248205 Report a problem
        3/29/2022Sold$500,000-37.1%$80/sqft
        Source: ArkansasOne MLS #1204842 Report a problem
        12/11/2021Listed for sale$795,000-60.3%$127/sqft
        Source: ArkansasOne MLS #1204842 Report a problem
        11/8/2021Listing removed--
        Source: ArkansasOne MLS #1194519 Report a problem
        8/18/2021Listed for sale$2,000,000+233.3%$319/sqft
        Source: ArkansasOne MLS #1194519 Report a problem
        12/28/2007Sold$600,000$96/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,238 +18.5%$120,434 +10%
        2024$5,266 +8.3%$109,485 +8.3%
        2023$4,861 +9.1%$101,063 +9.1%
        2022$4,456 +21.1%$92,641 +10%
        2021$3,678 $84,219 -20.1%
        2020$3,678 -0.5%$105,470
        2019$3,696 -0.7%$105,470
        2018$3,721 $105,470
        2017$3,721 $105,470 +25.8%
        2016$3,721 +1%$83,844
        2015$3,685 0%$83,844
        2014$3,686 +0%$83,844
        2013$3,685 $83,844
        2012$3,685 $83,844
        2011$3,685 -16.3%$83,844 -8.3%
        2010$4,401 +4.3%$91,432
        2009$4,220 +20.5%$91,432 +20.5%
        2008$3,502 $75,881
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 72631

        Getting around

        6 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Eureka Springs

        Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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