Retirement marks a new chapter filled with relaxation, leisure, and the chance to live life at your own pace.
For many retirees, this means finding the perfect place that offers both affordability and natural beauty. Arkansas, often called “The Natural State,” provides the perfect backdrop, with its serene landscapes, mild climate, and low cost of living. One of the best ways to enjoy these perks is by settling into a lakefront retirement home.
In this article, we’ll explore some of the best lakes in Arkansas for retirees seeking a peaceful, yet active lifestyle by the water.
Best Place to Buy a Lake Home for Retirement in Arkansas
- Why Retire on a Lake in Arkansas?
- Best Lakes to Buy a Retirement Home in Arkansas
- Pros and Cons of Retiring on a Lake in Arkansas
- How to Choose the Best Lake for Your Retirement Home
- Should You Retire by a Lake in Arkansas?
Why Retire on a Lake in Arkansas?
Arkansas has become an increasingly popular retirement destination due to its affordability and scenic beauty. A recent study from Wealth of Geeks named Arkansas the fourth most age-friendly states for retirees and called the state “a hidden gem.” The cost of living is lower than the national average, with property taxes, food, and healthcare all being affordable.
For retirees who love nature, the state offers endless opportunities for hiking, fishing, and boating. Whether you’re looking for a laid-back lifestyle in a small town or access to modern amenities near larger cities, Arkansas has it all.
Lakefront living, in particular, provides additional perks for retirees, offering the serenity of living by the water, opportunities for recreational activities like fishing and boating, and a peaceful environment perfect for enjoying your golden years.
Let’s explore the top lakes in Arkansas where you can buy a retirement home.
Best Lakes to Buy a Retirement Home in Arkansas
Arkansas boasts over 600,000 acres of picturesque lakes, ranging from natural bodies of water to those expertly managed by the U.S. Army Corps of Engineers. This makes the state an ideal destination for anyone considering a lakefront home in retirement.
With each lake offering its own unique appeal, you’re sure to find the perfect spot that aligns with your lifestyle and retirement goals.
Norfork Lake: A Hidden Gem in the Ozarks
- Nearby places to call home: Mountain Home, Henderson
- Size: 34.375 mi²
- Median listing price: $269,900 (Mountain Home); $439,900 (Henderson)
- Top choice for: a hidden gem in the Ozarks
Located in north-central Arkansas, Norfork Lake is a stunning, quiet lake that offers retirees a perfect escape. Known for its crystal-clear waters and peaceful environment, this lake has become a hidden treasure for those looking to retire in a natural setting. The nearby towns of Mountain Home and Henderson provide essential amenities, with Mountain Home offering a growing shopping and arts scene.
With low property taxes and affordable real estate, you can find lakefront properties or cozy homes in nearby towns without breaking the bank. The area around Norfork Lake is known for its low crime rates and the slower pace of life, perfect for retirees seeking a peaceful environment. Recreational activities like fishing, boating, and hiking are abundant, making it ideal for nature enthusiasts.
Greers Ferry Lake
- Nearby places to call home: Fairfield Bay, Clinton, Heber Springs
- Size: 63.28 mi²
- Median listing price: $286,500 (Clinton); $175,000 (Fairfield Bay); $302,450 (Heber Springs)
- Top choice for: perfect blend of nature and modern living
Greers Ferry Lake, nestled between Heber Springs and Clinton, is one of Arkansas’ largest lakes. It’s well known for its pristine waters and offers a combination of outdoor adventures and community amenities. For retirees who enjoy a more active lifestyle, Greers Ferry is the ideal spot for fishing, water sports, and camping.
The nearby towns, including Fairfield Bay, offer a range of real estate options, from lakefront properties to more affordable homes in the community. The lake’s proximity to Clinton and Heber Springs means you won’t have to go far for shopping, healthcare, or dining options. Moreover, the local historical sites and beautiful natural surroundings provide a well-rounded lifestyle for retirees.
DeGray Lake
- Nearby places to call home: Bismarck, Caddo Valley, Amity
- Size: 21.56 mi²
- Median listing price: $399,900 (Bismarck); $252,000 (Amity)
- Top choice for: crystal clear waters and full-service marinas
DeGray Lake, part of Arkansas’ Diamond Lakes region, offers 13,800 acres of stunning waters perfect for retirees who enjoy boating and water sports. The full-service marinas make life on the lake convenient, and the proximity to local towns like Bismarck ensures you have access to essential services and amenities.
The peaceful atmosphere around DeGray Lake, combined with recreational opportunities such as fishing, camping, and hiking, makes it an attractive location for retirees who want a balance between relaxation and outdoor activities.
Lake Ouachita
- Nearby places to call home: Mt Ida, Mountain Pine, Hot Springs
- Size: 62.5 mi²
- Median listing price: $547,450 (Mt Ida); $250,000 (Mountain Pine); $345,000 (Hot Springs)
- Top choice for: scenic beauty in the Ouachita Mountains
Lake Ouachita is the largest lake entirely within Arkansas, located in the scenic Ouachita Mountains. Known for its pristine waters and untouched beauty, Lake Ouachita offers an ideal spot for retirees who love outdoor activities such as hiking, camping, and fishing.
The lake’s remote feel doesn’t mean you’re far from civilization. Nearby towns like Mount Ida and Hot Springs provide all the necessary amenities while allowing you to enjoy the serenity of lakeside living. If you want to live surrounded by nature and still enjoy a range of activities, Lake Ouachita is a fantastic option.
Lake Maumelle
- Nearby places to call home: Roland, Bigelow
- Size: 13.91 mi²
- Median listing price: $744,150 (Roland); $154,950 (Bigelow)
- Top choice for: proximity to Little Rock
If you’re looking for a lakefront home near city amenities, Lake Maumelle is a great option. Located just outside Little Rock, Lake Maumelle offers convenient access to the state’s capital while still providing a peaceful retreat. However, it’s important to note that swimming is not allowed due to the lake being a water supply for Central Arkansas.
That said, retirees can still enjoy fishing, kayaking, and sailing on the lake, and the nearby Pinnacle Mountain State Park offers additional outdoor activities. For those who want to stay close to healthcare and shopping in Little Rock, this lake provides the best of both worlds.
Pros and Cons of Retiring on a Lake in Arkansas
Pros:
- Affordable Housing: Compared to other states, Arkansas offers low property taxes and affordable real estate options for lakefront living.
- Natural Beauty: Enjoy breathtaking views, fresh air, and access to outdoor activities like fishing, boating, and hiking.
- Peaceful Lifestyle: Many lakes in Arkansas are in quieter, more rural areas, offering a relaxed pace of life perfect for retirees.
Cons:
- Limited Healthcare: Some lakes are in rural areas with limited access to healthcare, which can be a concern for retirees.
- Weather: Arkansas experiences extreme weather, including tornadoes and ice storms, which can be a downside for those looking for milder climates.
How to Choose the Best Lake for Your Retirement Home
When choosing the right lake for your retirement home, there are a few factors to consider:
- Proximity to Healthcare: If you have medical needs, consider a lake near a larger town with access to hospitals and healthcare facilities.
- Local Amenities: Some lakes, like Greers Ferry, are close to towns with shopping, dining, and cultural activities, while others are more remote.
- Community Vibe: Think about whether you want a quiet, laid-back community like Norfork Lake or a more active one like Greers Ferry.
Should You Retire by a Lake in Arkansas?
Retiring by a lake in Arkansas offers the perfect blend of affordability, natural beauty, and a relaxed lifestyle. Whether you’re looking for quiet serenity or access to recreational activities, Arkansas’ lakes have something for everyone. With so many great options, finding the perfect lake home for your retirement is just a matter of choosing the one that best fits your lifestyle and needs.
Median listing price data provided courtesy of realtor.com
