$1,297,500

0 Us Highway 278 Monticello, AR 71655

Estimated payment $7,095/month

Total Views 14,075
173 Acres
$7,500 Price per Acre
7,535,880 Sq Ft Lot

About This Lot

Premier Investment Opportunity: 173 acres in Monticello, Arkansas. This 173-acre property in Drew County offers an exceptional investment opportunity with 2000 feet of frontage along Highway 278, ensuring prime visibility and access. Located just 1.5 miles from the intersection of Highways 425 and 278 and a quarter mile from the new loop connecting to Drew County Regional Medical Center, this land is ideal for development as the area grows. Key Features: Prime Location: Close to major highways, essential amenities like Walmart, and just minutes from shopping, dining, and services. Highway 278 Frontage: 2000 feet of frontage enhances development potential. Pine Plantation: Thriving pine plantation provides potential income or a scenic backdrop for residential projects. Educational Hub: Near the University of Arkansas Monticello, adding value for families and professionals seeking proximity to education. This property combines growth potential, strategic location, and natural beauty, ideal for commercial or residential development, timber management, or recreational use.

Listing Agent

Mark Knight

DDK Land and Farm Listed on: 09/05/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $297

Lot Details

  • 173 Acre Lot
  • Property fronts a highway
  • Rural Setting

Community Details

  • Hunting

Property Details

Property Type

Land

Est. Annual Taxes

$297

Lot Details

0

Listing Details

  • Class: Vacant Land
  • LVT Date: 09/05/2024
  • Price Per Sq Ft: 7500
  • Road Surface: Paved
  • Type: Acreage
  • Price Per Acre: 7500
  • Transportation: Highway Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: U.S. Highway

Lot Info

  • Estimated Lot Size: 173
  • Estimated Lot Size: 173
  • Lot: Rural Property, Timberland, Hunting/Recreation

Tax Info

  • Annual Taxes: 297.04

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $160,000 -87.7% --
09/05/2024 09/05/24 For Sale $1,297,500 -- --
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24032560

Cooperative Arkansas REALTORS® MLS
Arkansas Drew County Monticello 71655

0 Us Highway 278, Monticello, AR

This home is located at 0 Us Highway 278, Monticello, AR 71655 and is currently priced at $1,297,500. 0 Us Highway 278 is a home located in Drew County with nearby schools including Monticello Elementary School, Monticello Intermediate School, and Monticello Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes
Listing Agent
Mark Knight
Section Image
DDK Land and Farm
(870) 384-5209