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Cave Springs

Cave Springs

Located in Benton County

$624,973 Average Value
$248 Average Price per Sq Ft
6 Homes For Sale

“This is a beautiful neighborhood, with large homes on large lots,” says Realtor Brandi Mallard, with Collier & Associates. As a resident herself, Mallard notes that it was the home sizes, the location and the school district that drew her family here. “Those were what was really important to us when we were looking for a place to settle down, and considering those things, Otter Creek is the trifecta. It’s the total package: one of the most desirable neighborhoods in the area. And the market here definitely reflects that.” So, if you’re searching for a little house in the Ozarks, not unlike the modest homestead of Laura Ingalls Wilder's book series, you may want to go house-hunting elsewhere. But if you desire something roomier, give Otter Creek Estates a look.

The quiet, sunny residential streets in Otter Creek are lined with sizeable Traditional-style homes built in the mid-2010s. “Depending on the size, they’re around $850,000 to $1.3 million,” notes Mallard, observing that the price doesn’t seem to deter buyers: “There’s usually multiple offers on every home right away. It’s a very desirable neighborhood, so when a house goes on the market it goes under contract quickly, almost regardless of the list price.” A five-bedroom, five-bathroom Traditional-style home built in 2015, featuring hardwood floors, custom built-in shelving and floor-to-ceiling windows in the living room and a full outdoor kitchen sold recently for close to $975,000, well over the median for Cave Springs.

Otter Creek students attend schools in the highly rated Bentonville Public Schools system. Many go to Evening Star Elementary, Bright Field Middle, Fulbright Junior High and Bentonville High School. “Evening Star is really sought-after,” says Mallard, noting: “A lot of buyers call me looking specifically for a neighborhood zoned for that school.” Bright Field Middle, Fulbright Junior High and Bentonville High are also highly sought-after, as all three schools boast A-plus grades from Niche and GreatSchools Summary Ratings of 8/10 or higher. “Bentonville schools are the top in the state and they’re a big reason families move here,” says Mallard.

Just 8 miles south of downtown Bentonville, Otter Creek Estates is a comfortable distance from the hustle and bustle of the city. “Cave Springs itself is a small, quaint little town, which is actually the big draw,” says Mallard. “People move here for the mountains and for the jobs,” she adds, explaining: “This area is the perfect distance from the wilderness of the state parks and the three Fortune 500 companies that are here,” referring to the nearby Hobbs State Park and Walmart, Tysons and J.B. Hunt headquarters. With the Pinnacle Hills Promenade just 5.5 miles north, off Interstate 49, residents enjoy easy access to a variety of shopping and dining options, too. The shopping cluster features everything from your local Walmart Neighborhood Market and Target to Pottery Barn and Hobby Lobby. For date night, visit The Blackberry Brasserie off Pinnacle Hills Parkway for locally sourced, elevated Southern-style cuisine. A frequent patron of the eatery, Mallard says: “The plates are pretty enough to be Instagrammable, but the food is really, really good.”

If grand homes, stellar schools and an enviable location make up your homebuying wish list’s golden trio, Otter Creek Estates could be the perfect place to call home.

Interested in learning more about homes in this area? Reach out to Alice Penner, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Cave Springs Housing Trends

Housing Trends

Median List Price
$565,000
Median Sale Price
$574,900
Median Single Family Sale Price
$569,950
Median Change From 1st List Price
0%
Last 12 months Home Sales
93
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$248

Neighborhood Facts

Number of Homes in Neighborhood
1,638
Number of Homes for Sale
6
Median Year Built
2016
Months of Supply
0.80
Average Single Family Home Size Sq Ft
2,506
Above the national average
1,924
Median Lot Size Sq Ft
10,890

Open Houses

  • 925 E Lowell Ave, Cave Springs, AR 72718

    $369,900

    • 3 Beds
    • 2 Baths
    • 1,814 Sq Ft
    • 925 E Lowell Ave
    • New 21 days ago

    Located in the heart of Cave Springs, this home offers a comfortable living room with a gas log fireplace and a bright kitchen featuring white cabinets, matching appliances, and a bar top for extra seating. Just off the kitchen, you'll find a high-ceiling office with a unique half-moon window and additional access from the front door. The split floorplan includes a formal dining room or sunroom

    Agent Photo
    Mahmoud Chitsazan
    REMAX Real Estate Results
    (479) 341-6863
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  • 384 Whitcliff Dr, Cave Springs, AR 72718

    $1,080,000

    • 4 Beds
    • 3 Baths
    • 2,412 Sq Ft
    • 384 Whitcliff Dr
    • New 4 days ago

    Welcome home to this stunning 4 BR 3 BA craftsman-style farmhouse on 6.23 acres. Nestled on a South facing hillside, this unique one-owner custom-built home offers the ideal blend of privacy & community. Enjoy serene countryside living while still benefiting from subdivision access to amenities including pool, clubhouse, & play area. The interior features an inviting open-concept layout with

    Brian Dandy Crye-Leike REALTORS Fayetteville

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  • 1609 Cavern Springs Way, Cave Springs, AR 72718

    $420,000

    • 3 Beds
    • 2 Baths
    • 1,868 Sq Ft
    • 1609 Cavern Springs Way
    • New 5 days ago

    This gorgeous 3-bedroom, 2-bath home features an open floor plan, bright living area, modern kitchen with new quartz countertops, and a cozy dining nook with a spacious backyard. Fresh updates include all new LG kitchen appliances (fridge conveys) 220-amp electric car charger, upgraded gas stove, nest thermostat, garage door screen, custom shelving in garage, smart locks on front and garage door

    Collective Team The Agency Northwest Arkansas

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
47''
Average Winter Low Temperature
24°F
Average Summer High Temperature
89°F
Annual Snowfall
14''

Area Factors

Somewhat Bikeable

Bike Score®®

6 / 100

Car-Dependent

Walk Score®®

4 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Cave Springs