331 Margaritaville Lane, Yellville, AR 72687
$950,000
Property Type:
Residential For Sale
Bedrooms:
3
Baths:
3
Square Footage:
3,472
Lot Size (sq. ft.):
2,704,640
Status:
Closed
Current Price:
$950,000
List Date:
6/30/2025
Last Modified:
10/10/2025
Description
PRIVATE PENINSULA RETREAT | 62± ACRES | DOCK INCLUDED | FULLY FURNISHED
A 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.
More Information MLS# 60298413
Contract Information
Vacation Rental: No
List Price/Total SqFt: 273.62
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
Property Sub-Type: Modular
Begin Date: 2025-06-30
List Price: $950,000
Sign on Property: 1
Location, Tax and Other Information
Inside City Limits: No
RE Tax Provided By: Assessor Records
Keywords
Stories: 2
Elementary School: Lead Hill
Middle School: Lead Hill
High School: Lead Hill
General Property Description
Above Grade UnFin SqFt: 0
Below Grade UnFin SqFt: 100
Waterfront/View: Front
Basement: Yes
Lake/River/Creek: Bull Shoals Lake
# Attached Garage Spaces: 0
# Detached Garage Spaces: 2
# Detached Carport Spaces: 1
View: Yes
Propane Tank: Yes
Propane Tank Ownership: Owned
Total Bedrooms: 3
Baths - Full: 3
Baths - Total: 3
Above Grade Fin SqFt: 1736
Below Grade Fin SqFt: 1636
Total Finished SqFt (All Levels): 3372
Total SqFt: 3472
Aprx Year Built: 2005
Garage/Carport: 1
Total Garage/Carport Stalls: 2
Lot Size Provided By: Courthouse
Aprx Lot Size (Acres): 62.09
Status Change Info
Price Disclosed: Yes
Status: Closed
Under Contract Date: 2025-07-24
Sold Date: 2025-10-10
View
Lake: 1
Panoramic: 1
Basement
Full: 1
Basement Type
Finished: 1
Concrete: 1
Plumbed: 1
Storage Space: 1
Walk-Out Access: 1
Utility Room
Basement: 1
Dining
Living/Dining Combo: 1
Attic
Access Only:No Stairs: 1
Interior Features
Jetted Tub: 1
Walk-In Shower: 1
Cooling
Ceiling Fans: 1
Central: 1
Heat Pump: 1
Other Rooms
2nd Kitchen: 1
Bedroom (Basement): 1
Bedroom-Master (Main Floor): 1
Bonus Room: 1
Family Room (Basement): 1
Family Room (Main Floor): 1
Foyer: 1
Living Areas (2): 1
Office: 1
Storm Shelter: 1
Workshop: 1
Fencing
None: 1
Appliances
Cooktop-Electric: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Softener Owned: 1
Tankless Water Heater: 1
Equipment
Hot Tub: 1
Fireplace Features
Fireplace: Yes
Basement: 1
Propane: 1
Two or More: 1
Wood Burning: 1
Heating
Central: 1
Fireplace: 1
Heat Pump: 1
Wall Furnace: 1
Heating Source
Electric: 1
Propane: 1
Wood: 1
Road Frontage
Private Road: 1
Flooring
Carpet: 1
Laminate: 1
Road Surface
Drive - Gravel/Stone: 1
Cooling Source
Electric: 1
Architecture
2 Story: 1
Modular: 1
Docks
Dock/Slip Size: 2 Slips
Dock/Slip Type: Private
Roofing Material
Dimensional Shingles: 1
Home Association Info
Home Owners/Condo Owners Association: None
Foundation
Poured Concrete: 1
Possession
At Closing: 1
Construction Materials
Vinyl Siding: 1
Closing Info
Dock Included: Yes
Exterior Features
Second Residence: 1
Water Access: 1
Parking Features
Basement: 1
Boat: 1
Covered: 1
Driveway: 1
Garage Door Opener: 1
Garage Faces Front: 1
Gated: 1
Private: 1
RV Carport: 1
Unpaved: 1
Workshop in Garage: 1
Patio and Porch Features
Covered Deck/Porch: 1
Deck: 1
Front Porch: 1
Rear Porch: 1
Wrap Around: 1
Shop Building Features
Shop Building: Yes
Concrete Floor: 1
Cooling: 1
Electric: 1
Heating: 1
Plumbed: 1
Other Structures
RV/Boat Storage: 1
Water
Well - Private: 1
Window Features
Blinds: 1
Sewer
Septic Tank: 1
Lot Features
Acreage: 1
Adjoins Government Land: 1
Horses Allowed: 1
Lake Front: 1
Lake View: 1
Lake/River/Creek/Spring: Bull Shoals Lake
Sloped: 1
Trees: 1
Water Front: 1
Water View: 1
Wooded/Cleared Combo: 1
Documents Available
Survey: 1
Boat Dock
2 Slip: 1
Boat Lift 2: 1
Swim Platform Attached: 1
Location Tax and Other Information
Street #: 331
Street Name/Route: Margaritaville
Suffix: Lane
County: Marion
State/Province: AR
Zip Code: 72687
Parcel ID: 001-09380-000
Subdivision: Marion-Not in List
Real Estate Tax: 1030
Tax Year: 2024
Legal Description: S-T-R: 19 - 21 - 17, ALL IN MARION COUNTY, ARKANSAS
Remarks Misc
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.
Property Features
View: Lake; Panoramic
Basement: Full
Basement Type: Finished; Concrete; Plumbed; Storage Space; Walk-Out Access
Utility Room: Basement
Dining: Living/Dining Combo
Attic: Access Only:No Stairs
Other Rooms: 2nd Kitchen; Bedroom (Basement); Bedroom-Master (Main Floor); Bonus Room; Family Room (Basement); Family Room (Main Floor); Foyer; Living Areas (2); Office; Storm Shelter; Workshop
Appliances: Cooktop-Electric; Dryer; Microwave; Refrigerator; Washer; Water Softener Owned; Tankless Water Heater
Equipment: Hot Tub
Fireplace Features: Basement; Propane; Two or More; Wood Burning
Interior Features: Jetted Tub; Walk-In Shower
Flooring: Carpet; Laminate
Cooling: Ceiling Fans; Central; Heat Pump
Cooling Source: Electric
Heating: Central; Fireplace; Heat Pump; Wall Furnace
Heating Source: Electric; Propane; Wood
Architecture: 2 Story; Modular
Patio and Porch Features: Covered Deck/Porch; Deck; Front Porch; Rear Porch; Wrap Around
Exterior Features: Second Residence; Water Access
Parking Features: Basement; Boat; Covered; Driveway; Garage Door Opener; Garage Faces Front; Gated; Private; RV Carport; Unpaved; Workshop in Garage
Shop Building Features: Concrete Floor; Electric; Plumbed
Other Structures: RV/Boat Storage
Fencing: None
Window Features: Blinds
Construction Materials: Vinyl Siding
Foundation: Poured Concrete
Roofing Material: Dimensional Shingles
Lot Features: Acreage; Adjoins Government Land; Horses Allowed; Lake Front; Lake View; Sloped; Trees; Water Front; Water View; Wooded/Cleared Combo
Water: Well - Private
Sewer: Septic Tank
Road Frontage: Private Road
Road Surface: Drive - Gravel/Stone
Boat Dock: 2 Slip; Boat Lift 2; Swim Platform Attached
Possession: At Closing
Documents Available: Survey
Listing Office:
Weichert, Realtors-Market Edge
Last Updated: October - 10 - 2025
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