#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
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: 5/29/2025, 3:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$275,000
516 S Lake Rd
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Typical income of Elm Springs, AR residents is between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
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 April 2025, from all listings sold in Elm Springs, AR there were more than 2 sold above asking price, over 2 sold below and more than 5 were sold right at the asked price. Between March and April 2025, Elm Springs, AR real estate market has seen decrease in the number of listings by 7.7%. The median list price of listings available in April 2025 was $685,000, while the average time on the real estate market was 123 days.