3 Water Way Dr

Heber Springs, AR
$ 599,500 Beds 5 Baths 3.5 Sq 2,970
Monthly Estimate* How much can I afford?

Welcome to your dream lakefront retreat! This 5-bedroom, 3.5-bath home offers 2,970 sf of single-level living with a well-designed split floorplan & open-concept layout, perfect for both relaxed living & entertaining. Recent remodeling adds fresh appeal & modern touches throughout, enhancing the home’s already warm & inviting feel. Enjoy the large rock wood-burning fireplace with custom built-ins in one of the 2 spacious living areas, ideal for cozy evenings after a day on the lake. The spacious kitchen features stone countertops, a gas range, & abundant cabinetry, flowing seamlessly into the living spaces. A separate dining room offers flexibility to be used as a formal dining area or a home office to suit your lifestyle. Step outside to a covered patio overlooking a large fenced backyard, perfect for entertaining or simply enjoying the peaceful setting. A storage building adds convenience for tools & lake gear. Situated in a desirable subdivision & path leading to Greers Ferry Lake, this property offers easy access to the water & is just minutes from Heber Springs, Red Apple Inn, & nearby marinas. Don’t miss your chance to own a slice of lakefront paradise!

Single Family

  • Price
  • $ 599,500
  • City
  • Heber Springs
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • CLEBURNE
  • Half Bathrooms
  • 1
  • Area
  • Heber Springs
  • Lot Size
  • 0.61 Acres
  • Zip
  • 72543
  • Sqr Footage
  • 2,970
  • Year Built
  • 1979
  • Taxes
  • $ 3424
  • Style
  • Traditional
  • MLS#
  • 25032672
Listed By: RE/MAX Advantage Heber Springs
Data Source: Cooperative Arkansas REALTORS® MLS (CARMLS)

Features

General

Heating Central Cool-Electric,Central Heat-Gas
Utilities Sewer-Public,Water-Public,Electric-Co-op,Gas-Natural
Roof Composition
Fireplaces Woodburning-Site-Built,Gas Starter
Energy Features Insulated Windows,Insulated Doors
Full Baths 3
Half Baths 1
Year Built 1979
Parking Parking Pads
Other Rooms Great Room,Den/Family Room,Laundry
Subdivision WEST POINT
Style Traditional
Stories Count One Story
County Cleburne
Class Residential
Type Detached
Will Subdivide No
Frequency None
Inside City Limits Yes
DOCS ON FILE Property Disclosure
Status Active
Subdivision AR
Sale/Rent For Sale
Annual Taxes 3424
New Construction? No
Primary City Heber Springs
Directions From downtown Heber Springs,drive West towards Eden Isle. Go over Little Dike,turn Right on Water Way and look for sign.
City Heber Springs
DOM 407
Postal Code 72543
Price Per Sq Ft Total AG 201.85
Public Remarks Welcome to your dream lakefront retreat! This 5-bedroom,3.5-bath home offers 2,970 sf of single-level living with a well-designed split floorplan & open-concept layout,perfect for both relaxed living

Interior Features

Interior Amenities Washer Connection,Dryer Connection-Electric,Water Heater-Gas,Whirlpool/Hot Tub/Spa,Walk-In Closet(s),Built-Ins,Ceiling Fan(s),Walk-in Shower,Breakfast Bar
Basement None
Dining Separate Dining Room,Kitchen/Dining Combo,Living/Dining Combo,Breakfast Bar
Beds 5
Total Bedrooms 5 Bedrooms Same Level
Floors Carpet,Wood,Tile,Luxury Vinyl
Kitchen Equipment Gas Range,Dishwasher,Disposal,Pantry,Refrigerator-Stays
Walls/Ceilings Sheet Rock

Exterior Features

Exterior Brick
Exterior Amenities Patio,Porch,Partially Fenced,Outside Storage Area,Guttering,Chain Link
Road Surface Paved
Waterfront Ski Lake
Foundation Slab
Lake Name Greers Ferry
Lot Size Area 0.61
Lake Yes
Lot Dimensions .61
Lot Level,Resort Property,In Subdivision,River/Lake Area,Lake Front,Waterfront

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Paragould, AR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/15/2025 Listed $725,500
8/29/2025 5% - $695,000
9/19/2025 3% - $675,000
10/17/2025 4% - $650,000
10/30/2025 4% - $625,000
2/13/2026 5% - $599,500

Property vs Zip Code Average in 72543

Price
AVG $510K
$600K
Taxes
AVG $2,291
$3,424
Year Built
AVG 1990
1979
Visits
AVG 168
335
Data Provided by Inside Real Estate®

Areas That We Cover

3 Water Way Dr Heber Springs, AR is a Single Family Home for sale at $599500 with 2970 sqft and a lot size of 0.61 Acres Acre(s). 3 Water Way Dr Heber Springs has 5 bedrooms, 3 baths and was built in 1979. The property's zip code is 72543 which is in Heber Springs, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.