331 Margaritaville Lane
Yellville, AR 72687
Map
- 3 beds
- 3 baths
- 3,372 sqft
- ~62 acre lot
- $281 per sqft
- 2005 build
- – on site
PRIVATE PENINSULA RETREAT | 62+/- ACRES | DOCK INCLUDED | FULLY FURNISHEDA once-in-a-lifetime opportunity--62+/- acres on a private peninsula, surrounded by Bull Shoals Lake on three sides. Unmatched privacy, panoramic views, and direct lake access set the stage for a lifestyle most only dream of.The fully furnished 3-bed, 3-bath home is built for lake living, with a wraparound deck, open layout, and peaceful views in every direction. The walk-out basement features a second living area, bonus room used as a guest bedroom, storm shelter, kitchenette, and a hot tub.Your own private two-stall dock with lifts conveys--a major rarity on Bull Shoals, where no new dock permits are being issued. This dock is fully permitted and ready to use. With both boats included (with acceptable offer), you'll be on the water in seconds.The 62+/- acres offer a mix of woods and clearings with trails, wildlife, and multiple potential build sites. Ideal for a private family retreat, vacation compound, or future development.Extras include a detached 2.5-car garage with a studio apartment, a carport for winter boat storage, and an outdoor shower.Less than 10 miles from Lead Hill and just 5 minutes from the nearest boat ramp at the end of Camp Galilee Road (MC 2061), the property offers seclusion without sacrificing convenience.A true legacy property--rare, private, and absolutely unforgettable.
Last checked:
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Last updated Jul 1, 2025
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MLS# 60298413 —
The Building
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Year Built:2005
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Architectural Style:Modular
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Construction Materials:Vinyl Siding
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Building Area Total:3472
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Above Grade Finished Area:1736
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Below Grade Finished Area:1636
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Roof:Shingle
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Foundation Details:Poured Concrete
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Stories:2
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Basement:Concrete, Finished, Storage Space, Plumbed, Walk-Out Access, Full
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Basement:true
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Exterior Features:Water Access, Accessory Dwelling Unit
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Window Features:Blinds
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Patio And Porch Features:Covered, Wrap Around, Rear Porch, Front Porch, Deck
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Below Grade Unfinished Area:100
Interior
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Interior Features:Jetted Tub, Walk-in Shower
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Flooring:Carpet, Laminate
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Fireplace:true
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Fireplace Features:Two or More, Basement, Propane, Wood Burning
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Laundry Features:In Basement
Room Dimensions
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Living Area:3372
Location
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Directions:From the intersection of Hwy 14 and Hwy 7 in Lead Hill, head east on Hwy 14 for 1.1 miles. Turn left onto Hwy 268 and go 4.1 miles. Turn right on MC 2061 and follow it for 2 miles. Turn left on Irish Ridge Ln, then right on Margaritaville.
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Longitude:-92.825004
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Latitude:36.453687
The Property
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Property Type:Residential
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Property Subtype:Mobile/Modular
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Lot Features:Acreage, Wooded/Cleared Combo, Horses Allowed, Waterfront, Sloped, Lake Front, Lake View, Adjoins Government Land, Water View
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Lot Size Acres:62.09
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Parcel Number:001-09380-000
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View:Panoramic, Lake
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View:true
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Waterfront View:Front
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Fencing:None
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Other Structures:RV/Boat Storage
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Other Equipment:Hot Tub
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Road Frontage Type:Private Road
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Road Surface Type:Gravel
Listing Agent
- Contact info:
- Agent phone:
- (870) 577-0276
- Office phone:
- (870) 743-5555
Taxes
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Tax Year:2024
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Tax Annual Amount:1030
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Tax Legal Description:S-T-R: 19 - 21 - 17, ALL IN MARION COUNTY, ARKANSAS
Beds
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Total Bedrooms:3
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Heat Pump, Central, Fireplace(s), Wall Furnace
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Cooling:Central Air, Ceiling Fan(s), Heat Pump
Utilities
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Sewer:Septic Tank
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Water Source:Private
Appliances
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Appliances:Electric Cooktop, Dryer, Washer, Microwave, Water Softener Owned, Tankless Water Heater, Refrigerator
Schools
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Elementary School:Lead Hill
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Middle Or Junior School:Lead Hill
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High School:Lead Hill
The Community
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Subdivision Name:Marion-Not in List
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Docks Slips:Yes
Parking
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Garage:true
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Garage Spaces:2
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Parking Features:Basement, Workshop in Garage, Unpaved, RV Carport, Private, Gated, Garage Faces Front, Garage Door Opener, Driveway, Covered, Boat
Monthly cost estimate
Asking price
$950,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,086
|
| Taxes | $85 |
| Insurance | $261 |
| Utilities | $167 See report |
| Total | $5,599/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/30/25
Jun 30, 2025
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Listed / Active | SOMO | $950,000 |
