Price Reduction - Waterfront
Address
16 Lakeview Lane, Cabot, AR
Price
$ 485,000
Property Attributes
  • MLS#26032641
  • TypeSingle Family
  • Listing Status Active
  • CountyLONOKE
  • CityCabot
  • AreaCabot School District
  • NeighborhoodMAGNESS CREEK SUBDIVISION
  • Zip72023
  • StyleTraditional
  • Year Built2002
  • Taxes$ 2483
  • Price$ 485,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3479
  • Lot Size0.26 Acres
Data Source:
Cooperative Arkansas REALTORS® MLS (CARMLS)
Property Description

Rare find: 5-bed lakefront investment opportunity with a deeded dock, mother-in-law suite, and $10,000 in seller incentives! Located in Cabot's desirable Magness Creek, this 5BR/3BA, 3,479 SF home offers private lake access, perfect for fishing and kayaking. NEW PRICE plus a $10,000 seller allowance to use toward a rate buydown, closing costs, or personal touches. Extensive upgrades are done: brand-new upstairs carpet, new bath/utility tile, fresh paint, and a 2026 HVAC compressor/fan. BUILT IN INVESTMENT OPPORTUNITY The mother-in-law suite is ideal for multi-generational living or rental income, and deeded lakefront access is hard to find. Enjoy LVT flooring, a gas fireplace, a well-appointed kitchen, a spacious primary suite, and a two-car garage. Solid brick, concrete slab, and a roof about 7 years old. This 25-year, family-owned home is lovingly maintained and includes a 1-year home warranty with an acceptable offer. Excited to share this nearly updated home with its new owners, a fresh price, and great incentives make this a fantastic investment opportunity. Schedule your tour!

Price History
8/11/2026 Listed $499,900
9/10/2026 1$497,500
9/25/2026 3$485,000

General Features

Heating Central Heat-Gas,Central Cool-Electric
Utilities Elec-Municipal (+Entergy),Gas-Natural,Sewer-Public,Water-Public
Roof Architectural Shingle
Fireplaces Gas Starter
Full Baths 3
Year Built 2002
Parking Auto Door Opener,Garage Apartment,Two Car
Other Rooms Den/Family Room,Laundry,Sun Room
Subdivision MAGNESS CREEK SUBDIVISION
Style Traditional
Stories Count 2 Story Entry & Lower,Two Story
County Lonoke
Class Residential
Type Detached
Will Subdivide No
Tax Year 2025
Frequency None
Inside City Limits No
DOCS ON FILE Legal Description,Property Disclosure
Status Price Change
Subdivision AR
Sale/Rent For Sale
Status Detail 3
Area Amenities Manager Office,Picnic Area
Annual Taxes 2483.41
New Construction? No
Warranty 3rd Party Home Warranty
Primary City Cabot
Directions from Cabot/Hwy67/167; take exit 19 for AR-89/Pine St turn left onto AR-319 N,continue straight,turn right oto Lakeview Ln,and the poerperty is on the right
City Cabot
DOM 46
Postal Code 72023
Price Per Sq Ft Total AG 139.41
Public Remarks Rare find: 5-bed lakefront investment opportunity with a deeded dock,mother-in-law suite,and $10,000 in seller incentives! Located in Cabot's desirable Magness Creek,this 5BR/3BA,3,479 SF home offers

Interior Features

Interior Amenities Washer Connection
Dining Eat-In Kitchen,Living/Dining Combo
Beds 5
Total Bedrooms 3 Bedrooms Same Level,Primary Bedroom/Main Lv
Floors Carpet,Vinyl,Wood
Kitchen Equipment Pantry,Microwave,Ice Maker Connection,Gas Range,Disposal,Dishwasher,Built-In Stove
Walls/Ceilings Sheet Rock,Tray Ceiling,Vault Ceiling

Exterior Features

Exterior Brick
Exterior Amenities Dog Run,Tennis Court,Deck,Wood Fence,Video Surveillance,Patio,Partially Fenced,Boat Dock
Road Surface Paved
Waterfront Dock Private
Foundation Slab
Lot Size Area 0.26
Lot Dimensions 0.26
Lot Lake Front,Level,Lake View,In Subdivision

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

Property vs Single Family Average in 72023

Price
AVG $330K
$490K
Taxes
AVG $1,576
$2,483
Year Built
AVG 2005
2002
Visits
AVG 309
325
Data Provided by Inside Real Estate®

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