Stunning new build on 48 private, gate protected acres m/l in Gamaliel, just outside Mountain Home, AR, with breathtaking year-round views of Lake Norfork! Privately tucked away and backing up to Corp land, this one-of-a-kind property offers privacy, acreage, and incredible lake scenery from nearly every angle. Enjoy coffee on the expansive deck overlooking Lake Norfork or relax inside and take in the view. Thoughtfully designed for low-maintenance living, the home features 2 bedrooms and 2 bathrooms on the main level, plus a fully finished walk-out basement with a private 1 bedroom 1 bathroom suite that is perfect for guests or extended family. Sleek modern finishes, an oversized garage, peaceful surroundings, and room to enjoy your own acreage make this property truly special. Properties like this are rare, come experience it for yourself!
For sale
$1,275,000
825 County Road 40, Gamaliel, AR 72537
3beds
3,112sqft
Single Family Residence, Lake Home
Built in ----
48 Acres Lot
$1,192,300 Zestimate®
$410/sqft
$-- HOA
What's special
Oversized garageFully finished walk-out basementPeaceful surroundingsSleek modern finishes
- 83 days
- 249
- 10
Zillow last checked:
Listing updated:
Listed by:
Randi Hall,
ERA DOTY REAL ESTATE MOUNTAIN HOME 870-425-6282
Source: Mountain Home MLS,MLS#: 134840
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Refrigerator, Electric Range, Double Oven, Microwave, Washer, Dryer, Water Softener Owned
- Laundry: Washer/Dryer Hookups
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,112
- Total interior livable area: 3,112 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
Features
- Body of water: Lake Norfork
Lot
- Size: 48 Acres
Details
- Parcel number: 00102620000
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Lake Home
Materials
- Metal Siding
Community & HOA
Community
- Subdivision: None
Location
- Region: Gamaliel
Financial & listing details
- Price per square foot: $410/sqft
- Tax assessed value: $466,000
- Annual tax amount: $4,263
- Date on market: 7/30/2026
Estimated market value
$1,192,300
$1.13M - $1.25M
$2,493/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $1,275,000+292.3%$410/sqft |
Source: Mountain Home MLS #134840 Report a problem | ||
| 3/27/2013 | Sold | $325,000-27%$104/sqft |
Source: Public Record Report a problem | ||
| 9/11/2008 | Sold | $445,000$143/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,263 | $93,200 |
| 2024 | $4,263 +212.3% | $93,200 +213.4% |
| 2023 | $1,365 | $29,740 |
| 2022 | $1,365 -15.4% | $29,740 -15.5% |
| 2021 | $1,613 | $35,210 |
| 2020 | $1,613 -1.1% | $35,210 |
| 2019 | $1,631 +4.5% | $35,210 |
| 2018 | $1,561 | $35,210 |
| 2017 | $1,561 | $35,210 -11% |
| 2016 | $1,561 -10% | $39,580 |
| 2015 | $1,734 | $39,580 |
| 2014 | $1,734 +22.7% | $39,580 |
| 2013 | $1,413 | $39,580 |
| 2012 | -- | $39,580 -7.2% |
| 2011 | $1,522 | $42,630 |
| 2010 | -- | $42,630 +109.5% |
| 2009 | -- | $20,350 +142% |
| 2008 | -- | $8,410 -69.1% |
| 2002 | -- | $27,250 +72.6% |
| 2001 | -- | $15,790 |
Find assessor info on the county website
Monthly payment
Est. payment





