$814,900
$34K PRICE DROP

562 Rheas Mill Rd Farmington, AR 72730

Estimated payment $4,627/month

Total Views 1,468
4 Beds
3 Baths
2,427 Sq Ft
$336 Price per Sq Ft

Highlights

  • Guest House
  • 2 Acre Lot
  • Bonus Room
  • Jerry Pop Williams Elementary School Rated A-
  • Attic
  • Granite Countertops

About This Home

Rare opportunity in the heart of Farmington - w/ 2 dwellings, 2 acres, 1,010 SF shop, greenhouse & gardens. The 2,427 SF all-brick main home offers 4 bedrooms, 3 full baths, mudroom, home office, XL bonus room, and storm shelter. 2023 renovations include flooring, paint, lighting, appliances, fireplace, 2nd HVAC & extended entertaining patio. The 40x50 metal building includes a fully finished 990 SF studio apartment/guest house (2023) - w/ its own address, septic system, full kitchen, full bath, & laundry - ideal for multi-generational living, guest quarters, rental income etc. The remaining 1,010 SF is excellent shop/workshop/garage space w/ dual overhead doors & mezzanine storage. A separate 32x15 insulated, heated/cooled outbuilding w/ power offers even more flexibility & workspace. Outside, enjoy ample parking, raised garden beds, chicken coop & peaceful views backing to farmland for added privacy - all within walking distance of Main Street, schools/restaurants/amenities & just minutes to Fayetteville.

Listing Agent

Nicole Brekelbaum

Collier & Associates - Farmington Branch Brokerage Phone: 479-366-2658 License #EB00076231 Listed on: 05/15/2026

Collier & Associates - Farmington Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,016

Year Built

  • Built in 2014

Lot Details

  • 2 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Open Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,427 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Blinds
  • Mud Room
  • Living Room with Fireplace
  • Home Office
  • Library
  • Bonus Room
  • Storage
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outbuilding
  • Storm Cellar or Shelter

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Guest House
  • Property is near schools

Community Details

  • 22 16 31 Farmington Outlots Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,016

Year Built

Built in 2014

Lot Details

2 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: 22-16-31 Farmington Outlots
  • Directions: Hwy 49 to exit 62. East on MLK. Left on Double Springs. Left on Rheas Mill Rd. Home on the left.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2014
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 479-366-2658
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2014

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Insert, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Simulated Wood, Tile
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Other, Pantry, Programmable Thermostat, Split Bedrooms, Storage, Walk-In Closet(s), Window Treatments, In-Law Floorplan, Mud Room
  • Living Area: 2427.0
  • Dining Room Type: Additl. Living Suite, Bonus Room, In-Law Suite, Library, Mud Room, Office
  • Window Features: Blinds

Exterior Features

  • Fencing: Back Yard, Chain Link, Fenced, Partial, Privacy, Split Rail, Vinyl, Wood
  • Lot Features: Central Business District, Not In Subdivision, Open Lot
  • Waterfront Features: None
  • Disclosures: Seller Disclosure
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: Guest House, Outbuilding, Workshop
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Parking Features: Garage, Other, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Storm Shelter, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping
  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Farmington

Tax Info

  • Tax Annual Amount: 3016.0
  • Tax Block: -
  • Tax Lot: -

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax 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.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,016 $71,050 $21,500 $49,550
2024 $3,152 $71,050 $21,500 $49,550
2023 $2,509 $71,050 $21,500 $49,550
2022 $2,559 $54,730 $15,250 $39,480
2021 $2,436 $52,150 $15,250 $36,900
2020 $2,436 $52,150 $15,250 $36,900
2019 $2,082 $38,490 $8,750 $29,740
2018 $2,082 $38,490 $8,750 $29,740
2017 $2,063 $38,490 $8,750 $29,740
2016 $2,063 $38,490 $8,750 $29,740
2015 $2,063 $38,490 $8,750 $29,740
2014 $2,180 $10,370 $8,750 $1,620
Source: Public Records

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
06/16/2026 06/16/26 Price Changed $814,900 -1.2% $336 / Sq Ft
06/07/2026 06/07/26 Price Changed $824,900 -1.7% $340 / Sq Ft
05/25/2026 05/25/26 Price Changed $839,000 -1.2% $346 / Sq Ft
05/15/2026 05/15/26 For Sale $849,000 +99.8% $350 / Sq Ft
02/21/2023 02/21/23 Sold $425,000 +2.4% $212 / Sq Ft View Prior Sale
01/31/2023 01/31/23 For Sale $414,900 +361.0% $207 / Sq Ft
02/15/2013 02/15/13 Sold $90,000 -7.7% -- View Prior Sale
01/16/2013 01/16/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $97,500 -- --
Source: ArkansasOne MLS

Purchase 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 Type Sale Price Title Company
Warranty Deed $425,000 Realty Title
Warranty Deed $210,000 None Available
Warranty Deed $90,000 Lenders Title Company
Source: Public Records

Source: ArkansasOne MLS

MLS Number: 1347594

ArkansasOne MLS

APN: 760-01853-001

Arkansas Washington County Farmington 72730

562 Rheas Mill Rd, Farmington, AR

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.

ArkansasOne 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. Information is deemed reliable but not guaranteed.

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Nicole Brekelbaum
Listing Agent
Nicole Brekelbaum
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Collier & Associates - Farmington Branch
(479) 398-5266
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