$3,086 Closing Credit¹
#25016773, Andrea Andrews, Listing Office: Compass Rose Realty
#25012810·
Listing office: RE/MAX Advantage Heber Springs·
Listing agent: Cheryl Shook·
Listing office phone: 501-362-0005
$1,970,000 List price
500 Island Shores Dr Drasco, AR 72543
$10,000
Closing credit¹
5 beds
4 full
4,877 sqft
1.0 acres
$404 / sqft
House
Property details
About 500 Island Shores Dr
Positioned in the heart of the prestigious Tannenbaum Resort - Lakefront home on GREERS FERRY LAKE. Discover unparalleled lakefront luxury with this stunning 4,877 sq. ft. home on 1 acre, featuring 230’ of pristine water frontage. Perfectly designed for both relaxation and entertaining, this property offers breathtaking lake views, direct water access, & front-row seats to the 4th of July fireworks at Sandy Beach. Inside, you’ll find 5 spacious bedrooms, 4 baths, and 2 fireplaces—one of which is a grand stone wood-burning centerpiece in the vaulted living room. The gourmet kitchen is a chef’s dream, boasting smart appliances and high-end finishes. Retreat to the oversized master suite with a spa-like bath & private deck is ideal, while the 2 living areas storm cellar & 2 laundry rooms add convenience & comfort. Step outside to expansive decks overlooking the lake, perfect for soaking in stunning sunsets. The oversized garage provides ample storage for your lake toys, & with a private airport strip, boat ramp, & the scenic Tannenbaum Golf Course just minutes away, this home is an outdoor enthusiast’s paradise. Enjoy the best of lakefront living—where luxury meets adventure.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Heat Pump
StatusActive
CoolingCentral Air
Size4,877 sqft
Lot size1.04 Acres
Year built2022
ParkingGarage, Two Car
MLS #25012810
FireplaceWoodburning-Site-Built
ViewRiver, Lake, Water
Summary
- Full Bathrooms: 4
- Appliances: Double Oven, Microwave, Gas Range, Dishwasher, Disposal
- Flooring Type: Tile, Luxury Vinyl
- Interior: Washer-Stays, Dryer-Stays, Whirlpool/Hot Tub/Spa, Smoke Detector(s), Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar
- Fireplace: Woodburning-Site-Built
- Total Bedroom Count: 5
- Parking: Garage, Two Car
- View: River, Lake, Water
- Exterior: Patio, Deck, Porch, Guttering, Wheelchair Accessible
- Architectural Style: Craftsman
- Heating: Central, Electric, Heat Pump
- Cooling: Central Air
- List Price: $1,970,000
- Price/SqFt: $403
- Annual Tax Amount: $5,323
- Tax Year: 2024
- Lot: Sloped, Subdivision, Views, Waterfront
- Directions: From Heber Springs, Hwy 25 North to Drasco, turn Left on Hwy 92, turn Left onto Silver Ridge Rd 2.6 mi, turn Right onto Tannenbaum Rd 2.5 mi, Continue straight onto Danube Dr, Continue straight onto Island Shores Dr, Home will be at the end on the Right
- Year Built: 2022
- Stories: 2
- Living Area: 4,877 SqFt
- Lot Size: 1.04 Acres
- MLS Number: 25012810
- Office Name: RE/MAX Advantage Heber Springs
- Office Phone: (501) 362-0005
- Office Email: cherylshook@remax.net
- Listing Agent: Cheryl Shook
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 4:20:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,970,000
500 Island Shores Dr
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 05, 2020 | Home Sold | $72,500 |
| Sep 26, 2006 | Home Sold | $140,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $140,570 | $5,323 |
| 2023 | $140,570 | $5,285 |
| 2022 | $16,000 | $425 |
| 2021 | $10,000 | $387 |
| 2020 | $10,000 | $387 |
| 2019 | $10,000 | $387 |
| 2018 | $10,000 | $387 |
History based on county public records data.
Nearby schools
6
Heber Springs Elementary School
Public District KG-5
1.1 mi
•901 W Front St
6
West Side Elementary School
Public District PK-6
8.0 mi
•7295 Greers Ferry Rd
6
Rose Bud Elementary School
Public District PK-6
12.1 mi
•124 School Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,233. Most Drasco, AR residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
27%
<35k
59%
35k-100k
14%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
7%
Single, with Kids
40%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
13%
18-34 yrs old
42%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
Hunting
Where do the neighbors shop?
Dollar General
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Applebees
Hardee's
Jimmy Johns
What do the neighbors drive?
Cadillac
GMC
Ram
What do the neighbors listen to?
Classic Country
Oldies- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 500 Island Shores Dr
The listing price of 500 Island Shores Dr property is $1,970,000.
The property 500 Island Shores Dr is a house located in Drasco, Arkansas, 72543.
Active Listing: 500 Island Shores Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 500 Island Shores Dr are: Heber Springs Elementary School (GreatSchools Rating 6/10), West Side Elementary School (GreatSchools Rating 6/10), Rose Bud Elementary School (GreatSchools Rating 6/10), Heber Springs Middle School (GreatSchools Rating 7/10), Quitman Middle School (GreatSchools Rating 8/10), Clinton Jr High School (GreatSchools Rating 7/10), Heber Springs High School (GreatSchools Rating 7/10), West Side High School (GreatSchools Rating 6/10), Rose Bud High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $5,323 (source: MLS/based on county public records data).
The last sale was on November 5, 2020 for $72,500 (source: MLS/tax record).
The property at 500 Island Shores Dr has 5 bedrooms and 4 bathrooms.
The property 500 Island Shores Dr is 4,877 SqFt (source: MLS/tax record).
The year of construction for 500 Island Shores Dr is 2022.
This home is located at 500 Island Shores Dr in Drasco, AR and zip code 72530. This 4,877 square foot home, which was built in 2022, sits on a 1.04 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $1,970,000.
In April 2025 more than 1 listings in Drasco, AR were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The number of listings in Drasco, AR increased by 5.6% between March and April 2025.
From Rocket Homes Real Estate and based on county public records data.