$179,900
UNDER CONTRACT

298 Red Lamb Rd Melbourne, AR 72556

Estimated payment $1,037/month

Total Views 708
2 Beds
1.5 Baths
1,320 Sq Ft
$136 Price per Sq Ft

Highlights

  • Pond
  • Eat-In Kitchen
  • Bungalow
  • Wood Ceilings
  • Laundry Room
  • 1-Story Property

About This Home

Unique find! This earth-sheltered home with walk-out front is a unique find in a beautiful setting! The partially underground home is designed to provide exceptional energy efficiency, structural resilience, protection against severe weather, and low exterior maintenance. The 12.29 acres MOL includes fencing, a pond, pasture, and mature shade trees ideal for a hobby farm, raising livestock, and gardening. Enjoy morning coffee or quiet evenings sitting on the covered front porch enjoying the views overlooking the pond or watching deer, birds, and small game. The spacious 2 bedroom, 1 1/2 bath home offers over 1300 sq feet with several recent updates including new metal roofing, guttering, windows, cedar accents, hot water heater, plus new fencing, fire pit area, and new door for the detached garage. Some furniture and furnishings may also be available to convey with the sale. Whether you're seeking a forever or vacation home or a nightly rental this unique property checks so many boxes, plus it is privately located yet only a few minutes from downtown Melbourne, White River for world-class Trout fishing, and Cooper's Hawk, an 18-hole championship golf course! Nice property!

Listing Agent

Cheryl Reed

Re/Max Edge Realty Listed on: 06/29/2026

Re/Max Edge Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Lot Details

  • 12.29 Acre Lot
  • Rural Setting
  • Sloped Lot

Parking

  • 5 Car Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Wood Ceilings
  • Ceiling Fan
  • Decorative Fireplace
  • Electric Fireplace
  • Concrete Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Pond

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Window Unit Heating System
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Lot Details

12.29 Acres

Listing Details

  • Class: Residential
  • Style: Bungalow/Cottage
  • LVT Date: 06/28/2026
  • Road Surface: Gravel
  • Street Designation: Road
  • Type: Rural Residential
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Decorative/Non-Functional, Electric Logs
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1320
  • Bedrooms: 2
  • Floors: Concrete
  • Foundation: Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interiors: Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Wood Ceiling

Exterior Features

  • Exterior: Block
  • Roof: Metal

Garage/Parking

  • Parking: Garage, Five Car Or More

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Window Units, Space Heater-Gas

Lot Info

  • Estimated Lot Size: 12.29
  • Lot: Sloped, Pond
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 980

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2026 06/29/26 For Sale $179,900 +18.0% $136 / Sq Ft
04/01/2026 04/01/26 Sold $152,500 -10.2% $116 / Sq Ft View Prior Sale
03/20/2026 03/20/26 Pending -- -- --
03/13/2026 03/13/26 For Sale $169,900 -- $129 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 26026160

Cooperative Arkansas REALTORS® MLS

APN: 001-05199-000

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