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56 N Lakeshore Dr, Cherokee Village, AR, 72529

9beds
10baths
8,000sqft
$899,000
$112price/sqft
$6,540/moest. monthly cost
$261,600/yrincome needed

About This Home

Lakefront Estate with Private Boat House, Elevator & Multi-Generational Living. Experience exceptional lakefront living in this extraordinary custom estate offering over 8000 square feet of beautifully designed living space. The main residence features two fully self-contained levels, making it ideal for multi-generational living, entertaining, or hosting extended family and guests. The main level welcomes you through an impressive foyer where breathtaking panoramic views of the lake immediately capture your attention. Once you arrive, you'll never want to leave. Travel between levels by staircase or the convenience of a private elevator.The lower level offers another spacious family room, a fully equipped kitchen, additional laundry room, abundant storage, and private bedroom suites with their own baths, creating a completely independent living space. Step outside and enjoy everything the incredible views it has to offer. The Boat House includes two covered boat stalls, four bedrooms, three baths, kitchen, family room, laundry room, fantiatic views and yes another elevator. This property is designed to create unforgettable memories for generations to come. Think about an "Airbnb"

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

8/10
8/10
Highland Middle SchoolGrades 5-87.7 mi
8/10
Highland High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1999

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Cedar

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Electric Range,Surface Range,Dishwasher,Refrigerator,Plumbed For Ice Maker,Oven,Freezer,Washer,Dryer,Electric Water Heater
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Interior Entry,Walk-Out Access,Heated,Cooled

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 10
  • Full bathrooms: 8
  • 1/2 bathrooms: 2

Dining Room

  • Features: Separate Dining Room,Eat-in Kitchen,Separate Breakfast Rm,Living/Dining Combo,Breakfast Bar,Other

Features

  • Central Vacuum,Walk-In Closet(s),Built-in Features,Ceiling Fan(s),Walk-in Shower,Breakfast Bar,Elevator,Granite Counters,Pantry,Sheet Rock,Tray Ceiling(s),Vaulted Ceiling(s),Primary Bedroom/Main Lv,Guest Bedroom/Main Lv,2 Bedrooms Same Level,3 Bedrooms Same Level
  • Window features: Window Treatments
  • Flooring: Carpet,Wood,Tile,Laminate
  • Fireplace features: Decorative,Electric
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 8,000
  • Total interior livable area: 8,000 sqft

Property

Details

  • Parcel number: 24600628001
  • Other equipment: Intercom

Features

  • Patio & porch: Patio,Deck
  • Exterior features: Storage,Rain Gutters,Dock
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Dock - Swimming,2 Stalls,Dock Private,Boat Slip,Ski Lake,Lake Front,Lake
  • Waterbody name: Lake: Thunderbird

Lot

  • Lot size: 0.70 Acres
  • Features: Sloped,Resort Property,Subdivided,River/Lake Area,Sloped Down,Waterfront,Seawall
  • Lot size dimensions: 172 x 178

Parking

  • Total spaces: 2
  • Parking features: Garage,Two Car,Other,Garage Faces Rear
  • 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
    Ice StormVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Ice Storm
Cold Wave
Heat Wave
Lightning
Strong Wind
Tornado
Winter Weather
Earthquake
Inland Flooding

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $4,545$54,540
Home Insurance $1,042$12,504
Property Taxes $374$4,488
Electricity $579$6,952
Total$6,540$78,480

Income You'd Need if You Spent...

35% on housing$224,228/yr
40% on housing$196,200/yr
45% on housing$174,400/yr

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.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 3.4%
3.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$112This listing

vs Other Active Listings

Avg $/sqft

ZIP 72529$105
Sharp County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 72529$119
Sharp County$144

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

DateEventPrice
2026-06-26Listed for sale$899,000
2017-02-13Sold$437,000

For Sale by Agent

AgentLinda Dickinson
BrokerageCentury 21 Portfolio-Bold

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