Holiday Island is a 4,500-acre planned retirement and vacation community in Carroll County, Arkansas, United States. Formerly an unincorporated community and census-designated place, it voted to incorporate in November 2020. As of the 2020 census, the population was 2,533. Holiday Island is located in the Ozark Mountains on Table Rock Lake, near Eureka Springs, Arkansas and approximately an hour's drive from Branson, Missouri, Fayetteville, Arkansas, and Bentonville, Arkansas.