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Lot/land
  • Price cut: $85K (8/17)
    $250,000

    284 County Road 851, Elizabeth, AR 72531

    --beds
    --baths
    5.03Acres
    Unimproved Land, Lake Property, Acreage
    Built in ----
    5.03 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Gently sloping landPark-like yard
    Lakeside Paradise, your own little resort area. Located less than one tenth of a mile from Hand Cove Boat Launch with property boarding the Corp of Engineers. Gently sloping land, a park-like yard and a 20 x 40 deck overlooking your Norfork Lake retreat. Full hook-ups for your RV including 200m amp electric service and a propane tank. 30 x 40 Shop building with electric, room for your lake toys and boats. A well, septic and electric in place opens many possibilities for expansion. The property is located on both sides of the road and is unrestricted. This gem will not last!
    141 days
    156
    11

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Carleton,

    BAXTER REAL ESTATE COMPANY 870-424-4545

    Source: Mountain Home MLS,MLS#: 134145

      Facts & features

      Property

      Features
      • Body of water: Lake Norfork
      Lot
      • Size: 5.03 Acres
      • Residential vegetation: Hardwood
      Details
      • Additional structures: Outbuilding
      • Parcel number: 00100462010

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Elizabeth

      Financial & listing details

      • Tax assessed value: $37,100
      • Annual tax amount: $402
      • Date on market: 5/12/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/17/2026Price change$250,000-25.4%
        Source: Mountain Home MLS #134145 Report a problem
        5/12/2026Listed for sale$335,000
        Source: Mountain Home MLS #134145 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$402 $7,420
        2024$402 -3.6%$7,420
        2023$417 $7,420
        2022$417 -26.1%$7,420 -28.9%
        2021$565 +8865.4%$10,430 +9381.8%
        2020$6 -99.2%$110 -99.2%
        2019$771 +3.8%$14,240
        2018$742 $14,240
        2017$742 $14,240
        2016$742 $14,240
        2015$742 $14,240
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 72531

        Getting around

        3 / 100
        Car-Dependent
        3 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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