Bull Shoals is a city in Marion County, Arkansas, United States, founded in 1954. The population was 1,950 at the 2010 census. Primarily a retirement and vacation center, Bull Shoals is bordered in three directions by the clear, deep, man-made Bull Shoals Lake.
The town was created by real estate developers C. S. Woods and C. S. Woods Jr. and officially established in 1954. Bull Shoals Dam is the threshold into the town from the southeast.
Bull Shoals Dam and the town of Bull Shoals developed together. The developers bought several tracts of the former Newton Flat settlement when they heard the government planned to build a flood-control and power-generating concrete dam at the site. Construction of the dam took four years, between 1947 and 1951, resulting in one of the largest dams built in the nation at that time.
Bull Shoals has been honored as an Arkansas Volunteer Community of the Year for five years.
Liquidforce and Brostock 2010 chose Bull Shoals as the location of their professional wakeboarding tournament in July 2010 and June 2011. The lake has also hosted numerous professional Bass and Walleye fishing tournaments over the years. Additionally, the city co-hosts the annual HillBilly Chili Cookoff selecting Arkansas' Best Chili to compete internationally in the International Chili Society competitions.