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242 Lakeview Dr, Fairfield Bay, AR, 72088

2beds
1baths
720sqft
$149,900
$208price/sqft
$1,100/moest. monthly cost
$44,000/yrincome needed

About This Home

**Turnkey, fully furnished, and just minutes from Fairfield Bay Marina, this charming 2-bedroom, 1-bath lake retreat is move-in ready!** Perfect as a short-term rental, weekend getaway, or full-time residence, this updated home features luxury vinyl plank flooring, a stylish kitchen, updated bath, neutral finishes, and a newer HVAC system. All furnishings, appliances, including the washer and dryer, convey for a truly hassle-free purchase. Outside, enjoy the oversized yard with a new deck, firepit, and deluxe swing set—ideal for relaxing or entertaining. Conveniently located near Greers Ferry Lake, you'll have easy access to boating, golf, swimming, pickleball, hiking, ATV trails, and all the amenities Fairfield Bay has to offer. Whether you're looking for an investment property or your own lake escape, this fully furnished home is ready to enjoy from day one.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

4/10
3/10
Shirley High SchoolGrades 7-125.9 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Crawl Space
  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow/Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Kitchen/Dining Combo,Living/Dining Combo

Features

  • Ceiling Fan(s),Sheet Rock,2 Bedrooms Same Level
  • Flooring: Luxury Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 720
  • Total interior livable area: 720 sqft

Property

Details

  • Parcel number: 4350030990000

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Porch
  • Waterfront features: Lake

Lot

  • Lot size: 0.29 Acres
  • Features: Sloped

Parking

  • Parking features: Carport
  • Carport: 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
  • Tornado
    TornadoVery High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
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 $757$9,084
Home Insurance $153$1,836
Property Taxes $56$672
Electricity $134$1,616
Total$1,100$13,200

Income You'd Need if You Spent...

35% on housing$37,714/yr
40% on housing$33,000/yr
45% on housing$29,333/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: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.3%
0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$208This listing

vs Other Active Listings

Avg $/sqft

ZIP 72088$95
Van Buren County$104

vs Homes Sold Last Month

Median $/sqft

ZIP 72088
Van Buren County$125

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
2026-07-22Listed for sale$149,900
2025-10-06Sold$105,000
2025-08-22Price change$115,000
2025-08-11Price change$127,900
2025-07-17Price change$139,900
2025-07-10Price change$143,900
2025-07-03Price change$144,900
2025-06-28Listed for sale$149,500
2021-05-07Sold$79,000
2021-03-11Price change$79,000
2021-02-01Listed for sale$82,500
2013-07-30Listing removed$39,900
2013-06-15Price change$39,900
2012-08-27Price change$41,900
2012-08-02Listed for sale$46,900
2008-07-28Sold$30,000

For Sale by Agent

AgentMegan B Ramsey
BrokerageVenture Realty Group - Batesville

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