#1283740, Listing office: The Griffin Company Commercial Division-Springdale
Property details
About 516 S Lake Rd
+/- 1.78 acres of level, partially fenced land in Elm Springs, AR and only a half mile from the Lake Elmdale Boat Ramp. Situated near the Elmdale Lake Estates, this property offers the perfect setting to build a custom residential estate-style home in a peaceful, scenic area. Lake Elmdale is a 200-acre no-wake lake known for excellent fishing opportunity, including largemouth bass, bream, catfish, and crappie. Conveniently located approx. 2 miles from Walmart Supercenter and I-49, 2.5 miles from Brush Creek Golf Course, and 3.1 miles from Har-Ber High School, this property offers the perfect balance of privacy and accessibility. Electric is on site with water and sewer available at the street - utilities are not currently connected. Don't miss your chance to own a beautiful piece of land near one of Northwest Arkansas's hidden gems. Home on site is sold as-is. No showings without an appointment, please do not walk the property without a confirmed appointment.
Highlights
Home typeUnimproved Land
StatusActive
Lot size1.78 Acres
MLS #1308689
Summary
- List Price: $275,000
- Annual Tax Amount: $557
- Tax Year: 2024
- Lot: City Lot, Interior Lot, Neighborhood, Open Lot, Other, See Remarks, Level
- Directions: Heading South on I-49 S, take exit 73 for Elm Springs Rd. Turn right onto Elm Springs Rd, in 0.6 miles at the traffic circle, take the 2nd exit and stay on Elm Springs Rd. In approx. 0.5 miles, take a slight left onto E Lake Rd. The property will be on the right in approx. 0.9 miles.
- Lot Size: 1.78 Acres
- MLS Number: 1308689
- MLS Name: ARKMLS
- Office Name: Keller Williams Market Pro Realty Bentonville West
- Office Phone: (479) 330-1250
Disclaimer: 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 the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors 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: 6/22/2025, 4:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$275,000
516 S Lake Rd
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $32,740 | $557 |
| 2023 | $32,740 | $523 |
History based on county public records data.
Nearby schools
7
Bernice Young Elementary School
Public District PK-5
1.0 mi
•301 Pippin Apple Cir
7
Willis D. Shaw Elementary School
Public District PK-5
1.8 mi
•4377 Grimsley Rd
6
Thurman G. Smith Elementary School
Public District PK-5
2.0 mi
•3600 Falcon 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 $60,833. The majority of Elm Springs, AR residents have income between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
21%
<35k
48%
35k-100k
22%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
24%
Single, No Kids
6%
Single, with Kids
36%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
20%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Soccer
NASCAR
College Football
Where do the neighbors shop?
Old Navy
Dick's Sporting Goods
Express/Express For Men
Where do the neighbors go to eat?
Jimmy Johns
Arbys
Sonic
What do the neighbors drive?
GMC
Kia
Ram
What do the neighbors listen to?
New Country
Adult Hits
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 516 S Lake Rd
The listing price of 516 S Lake Rd property is $275,000.
The property 516 S Lake Rd is land located in Elm Springs, Arkansas, 72762.
Active Listing: 516 S Lake Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 516 S Lake Rd are: Bernice Young Elementary School (GreatSchools Rating 7/10), Willis D. Shaw Elementary School (GreatSchools Rating 7/10), Thurman G. Smith Elementary School (GreatSchools Rating 6/10), Hellstern Middle School (GreatSchools Rating 8/10), Helen Tyson Middle School (GreatSchools Rating 6/10), Lisa Academy Springdale (GreatSchools Rating 7/10), Har-Ber High School (GreatSchools Rating 6/10), Central Junior High School (GreatSchools Rating 6/10), Southwest Junior High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $557 (source: MLS/based on county public records data).
The property 516 S Lake Rd is 1.78 acres.
This home is located at 516 S Lake Rd in Elm Springs, AR and zip code 72762. Features: 0 bathroom. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $275,000.
In May 2025 more than 1 listings in Elm Springs, AR were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 0 were sold below. The number of listings in Elm Springs, AR decreased by 25% between April and May 2025. The median list price of listings available in May 2025 was $680,000, while the average time on the real estate market was 203 days.
From Rocket Homes Real Estate and based on county public records data.