A rare opportunity—62± acres on a private peninsula, surrounded by Bull Shoals Lake on three sides. Unmatched privacy, panoramic views, & direct lake access set the stage for lake life at its best. The fully furnished 3-bed, 3-bath home is made for relaxing & entertaining, with a wraparound deck. The walk-out basement offers a second living area, bonus room, storm shelter, kitchenette, & hot tub. Your private two-stall dock with lifts conveys—a rare find on Bull Shoals, where no new dock permits are issued. Both boats can convey with an acceptable offer—lake days start instantly. The land offers a mix of woods, clearings, trails, wildlife, & multiple build sites—perfect for a family retreat, vacation compound, or future development. Extras: detached 2.5-car garage with studio apartment, carport for boat storage, & an outdoor shower. Just 10 minutes from Lead Hill & 5 minutes from the nearest boat ramp at the end of Camp Galilee Rd (MC 2061). Secluded yet accessible—a legacy property like no other.
Closed
$750,000
331 Margaritaville Ln, Yellville, AR 72687
3beds
3,472sqft
Single Family Residence
Built in 2005
62 Acres Lot
$759,400 Zestimate®
$216/sqft
$2,517 Estimated rent
Home value
$759,400
Estimated sales range
Not available
$2,517/mo
Zestimate® history
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List your homeWhat's special
Bonus roomPrivate peninsulaHot tubWalk-out basementPanoramic viewsUnmatched privacyStorm shelter
Zillow last checked:
Listing updated:
Listed by:
Aundrea Rogers 870-577-0276,
Weichert, Realtors-Market Edge
Bought with:
Warren Crisp, AR
Lake Homes Realty, LLC
Source: CARMLS,MLS#: 25003686
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Office/Study, Bonus Room, Basement
Dining room
- Features: Living/Dining Combo
Heating
- Electric, Space Heater
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Microwave, Gas Range, Dishwasher, Refrigerator, Water Softener, Freezer, Washer, Dryer, Gas Water Heater, Electric Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room
Features
- Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, 3 Bedrooms Same Level
- Flooring: Carpet, Tile, Laminate
- Basement: Full,Finished,Walk-Out Access,Heated,Cooled
- Has fireplace: Yes
- Fireplace features: Woodburning-Site-Built
- Furnished: Yes
Interior area
- Total structure area: 3,472
- Total interior livable area: 3,472 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage, Carport, Three Car, Garage Door Opener, Garage Apartment
- Has garage: Yes
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Deck
- Exterior features: Dock
- Has spa: Yes
- Spa features: Hot Tub/Spa
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Cove, Dock Available, Dock, 2 Stalls, Hoist/Lift, Dock Private, Ski Lake, Lake Front, Lake
- Body of water: Lake: Bull Shoals
Lot
- Size: 62 Acres
- Features: Sloped, Rural Property, Wooded, Common to Lake
Details
- Additional structures: Guest House
- Parcel number: 00109380000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Gas: Gas-Propane/Butane
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Gas-Propane/Butane
Community & HOA
Community
- Security: Video Surveillance, Safe/Storm Room
- Subdivision: County
HOA
- Has HOA: No
Location
- Region: Yellville
Financial & listing details
- Price per square foot: $216/sqft
- Tax assessed value: $315,500
- Annual tax amount: $1,029
- Date on market: 1/29/2025
- Road surface type: Gravel, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $750,000-21.1%$216/sqft |
Source:  CARMLS #25003686 Report a problem | ||
| 7/24/2025 | Pending sale | $950,000$274/sqft |
Source:  SOMOMLS as distributed by MLS GRID #60298413 Report a problem | ||
| 7/24/2025 | Contingent | $950,000$274/sqft |
Source: CARMLS #25003686 Report a problem | ||
| 6/4/2025 | Price change | $950,000-5%$274/sqft |
Source:  ArkansasOne MLS #1296353 Report a problem | ||
| 1/29/2025 | Listed for sale | $999,900$288/sqft |
Source: ArkansasOne MLS #1296353 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $856 -10.4% | $30,640 |
| 2024 | $955 -7.3% | $30,640 |
| 2023 | $1,030 -4.6% | $30,640 |
| 2022 | $1,080 -0.3% | $30,640 |
| 2021 | $1,083 +0.5% | $30,640 -35.5% |
| 2020 | $1,078 +2.1% | $47,490 |
| 2019 | $1,056 -2.3% | $47,490 |
| 2018 | $1,081 -0.2% | $47,490 -0.2% |
| 2017 | $1,083 +1.7% | $47,580 +55.4% |
| 2016 | $1,065 | $30,620 -0.2% |
| 2015 | $1,065 | $30,680 |
| 2014 | -- | $30,680 |
| 2013 | -- | $30,680 |
| 2012 | -- | $30,680 |
| 2011 | -- | $30,680 -4.6% |
| 2010 | -- | $32,150 |
| 2009 | -- | -- |
Find assessor info on the county website
Neighborhood: 72687
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Nearby schools
GreatSchools rating
- 5/10Yellville-Summit Elementary SchoolGrades: PK-4Distance: 16.6 mi
- 6/10Yellville-Summit Middle SchoolGrades: 5-8Distance: 16.6 mi
- 7/10Yellville-Summit High SchoolGrades: 9-12Distance: 16.6 mi
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- Arkansas
- Marion County
- Yellville
- 72687
- 331 Margaritaville Ln
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