Side-by-Side Lots on Lake Omaha with Great Views - These two lots are located on the 140 acre Lake Omaha which features great fishing, boating, swimming, and views. This is the perfect opportunity to build your lake forever home or the get-away retreat you've longed for.
Active
Price cut: $6K (7/31)
$48,900
Chesapeake Dr, Cherokee Village, AR 72529
--beds
--baths
0.94Acres
Residential Lot
Built in ----
0.94 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Great views
- 392 days
- 126
- 9
Zillow last checked:
Listing updated:
Listed by:
Jason Rhodes 870-847-5846,
King-Rhodes & Associates, Inc. 870-257-3241
Source: CARMLS,MLS#: 25031304
Facts & features
Property
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Ski Lake, Lake Front, Lake
- Body of water: Lake: Omaha
Lot
- Size: 0.94 Acres
- Features: Subdivided, Unimproved, River/Lake Area
Details
- Parcel number: 12010929000
- Other equipment: Satellite Dish
Utilities & green energy
- Electric: Electric-Co-op
- Gas: Gas-Propane/Butane
- Sewer: Septic Sbj Hlth Dpt Apprv
- Water: Public
- Utilities for property: Some Util Avl-Not on Prop, Gas-Propane/Butane, Telephone-Private
Community & HOA
Community
- Features: Pool, Tennis Court(s), Playground, Clubhouse, Party Room, Picnic Area, Mandatory Fee, Marina, Golf, Fitness/Bike Trail, Airport/Runway
- Security: Security System
- Subdivision: Arapaho
Location
- Region: Cherokee Village
Financial & listing details
- Tax assessed value: $13,000
- Annual tax amount: $448
- Date on market: 8/6/2025
- Listing terms: Conventional,Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,345/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $48,900-10.9% |
Source:  CARMLS #25031304 Report a problem | ||
| 2/26/2026 | Price change | $54,900-5.3% |
Source: CARMLS #25031304 Report a problem | ||
| 8/6/2025 | Listed for sale | $58,000 |
Source: CARMLS #25031304 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $448 +0% | $2,600 |
| 2024 | $448 -18% | $2,600 -48% |
| 2023 | $546 +18.9% | $5,000 |
| 2022 | $459 +2.2% | $5,000 |
| 2021 | $449 +78% | $5,000 +108.3% |
| 2020 | $253 +156.6% | $2,400 |
| 2019 | $98 | $2,400 |
| 2018 | $98 +7.9% | $2,400 |
| 2017 | $91 | $2,400 |
| 2016 | -- | $2,400 -42.9% |
| 2015 | -- | $4,200 |
| 2014 | -- | $4,200 |
| 2013 | -- | $4,200 |
| 2012 | -- | $4,200 |
| 2011 | -- | $4,200 |
| 2010 | -- | $4,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 72529
Nearby schools
Schools provided by the listing agent
- Elementary: Cherokee
- Middle: Highland
- High: Highland
Source: CARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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