365 Grand Isle Dr, Fairfield Bay, AR, 72088
About This Home
This well-constructed lakefront home offers a rare chance to own on Greers Ferry Lake in the desirable Grand Isle area. A boat slip is available nearby for $35,000, making lake days effortless and convenient. Rendered photos are included to illustrate potential updates and demonstrate how easily this property could be transformed into a spectacular lakeside retreat. Tucked away in a private setting, Grand Isle is known for its peaceful atmosphere and is ideal for walking, biking, and enjoying the natural surroundings. The home features a spacious screened-in porch and a large patio, perfect for relaxing on summer evenings while overlooking the lake. An oversized garage provides ample space for boats, golf carts, and all your lake toys. Inside, the home offers two comfortable dens, creating warm and inviting spaces to gather on cooler nights. The layout provides excellent potential, with the kitchen easily opened up to create a more modern, open-concept design. This home is ready for a facelift and offers endless possibilities to make it truly special. Lakefront homes of this quality at this price point are rarely available and is being offered well below appraised value.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1995
Materials
- Foundation: Slab
- Roof: Shingle
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Range,Gas Range,Dishwasher,Refrigerator,Plumbed For Ice Maker
- Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry Room
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Features: Separate Dining Room,Separate Breakfast Rm
Features
- Walk-In Closet(s),Balcony/Loft,Built-in Features,Ceiling Fan(s),Walk-in Shower,Kit Counter-Formica,Pantry,Sheet Rock Ceiling,Primary Bedroom/Main Lv,3 Bedrooms Same Level
- Door features: Insulated Doors
- Window features: Insulated Windows,Skylight(s)
- Flooring: Carpet,Wood,Tile
- Number of fireplaces: 2
- Fireplace features: Woodburning-Site-Built,Gas Logs Present,Two
- Fireplace: Yes
- Attic: Floored
Heating & Cooling
- Heating features: Zoned,Heat Pump
- Cooling features: Electric
Interior Area
- Total structure area: 2,663
- Total interior livable area: 2,663 sqft
Property
Details
- Parcel number: 60003229040
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio,Screened
- Exterior features: Rain Gutters
- Has spa: Yes
- Spa features: Whirlpool/Hot Tub/Spa
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Boat Slip,Ski Lake,Lake Front,Lake
- Waterbody name: Lake: Greers Ferry
Lot
- Lot size: 1.25 Acres
- Features: Level,Wooded,Subdivided,River/Lake Area,Common to Lake
- Lot size dimensions: 246 x 266 x 110 x 364'
Parking
- Total spaces: 2
- Parking features: Garage,Two Car,Garage Door Opener,Garage Faces Side
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Lightning
- Tornado
- Inland Flooding
- Strong Wind
- Winter Weather
- Hail
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,628 | $31,536 |
| Home Insurance | $338 | $4,056 |
| Property Taxes | $203 | $2,436 |
| Electricity | $192 | $2,314 |
| Total | $3,361 | $40,332 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $539,000 |
| 2026-03-22 | Price change | $545,000 |
| 2026-01-13 | Listed for sale | $549,000 |
| 2025-12-01 | Listing removed | $549,000 |
| 2025-10-21 | Price change | $549,000 |
| 2025-09-24 | Price change | $565,000 |
| 2025-08-29 | Price change | $580,000 |
| 2025-05-15 | Listed for sale | $595,000 |
| 2025-05-13 | Listing removed | $624,900 |
| 2025-04-21 | Price change | $624,900 |
| 2025-03-03 | Price change | $649,000 |
| 2024-10-25 | Listed for sale | $675,000 |
| 2021-05-27 | Sold | $430,000 |
| 2021-03-19 | Listed for sale | $449,000 |
View on Zillow