$3,700,000
$500K PRICE DROP

987 Elk Rd Bentonville, AR 72713

Estimated payment $20,577/month

Total Views 45,949
8 Acres
$441,527 Price per Acre
365,033 Sq Ft Lot

Highlights

  • Home fronts a pond
  • Views
  • Partially Fenced Property
  • 8.38 Acre Lot
  • Creek or Stream
  • Level Lot

About This Lot

Appointment only with qualified buyers. Rare opportunity to own this gorgeous 8.38 acres within 5 minutes of Walmart AMP & shopping. Property has some homes on the land but not given any value. Beautiful land with large pond, walnut trees, & plenty of room for private estate in extremely prestigious desirable area or huge development potential. Property sold as-is, no disclosures & no repairs. Part of the property is in Cave Springs limits, Buyers to do their due diligence on schools and zoning.

Listing Agent

Donna Bermingham

Coldwell Banker Harris McHaney & Faucette-Rogers Brokerage Phone: 479-531-1417 License #EB00053065 Listed on: 12/20/2023

Coldwell Banker Harris McHaney & Faucette-Rogers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,700

Lot Details

  • 8.38 Acre Lot
  • Home fronts a pond
  • Creek or Stream
  • Partially Fenced Property
  • Wire Fence
  • Level Lot

Additional Features

  • Mobile Home Allowed
  • Not Connected to Sewer
  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$1,700

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 8.38
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: n/a
  • Directions: From Stoneybrook to Rainbow Rd to Elk, Turn left on Elk, property will be on the left.
  • Attribution Contact: 479-531-1417
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Partial, Wire
  • Lot Features: Mobile Home Allowed, Neighborhood, Not In Subdivision, None, Rolling Slope, Views, Level, Pond on Lot, Stream/Creek
  • Topography: Level,Rolling
  • View: Yes
  • Waterfront Features: Pond

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Additional Parcels Description: 18-06634-000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1700.0
  • Tax Block: n/a
  • Tax Lot: n/a

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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

Tax History

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
2024 $957 $27,873 $17,356 $10,517
2023 $870 $17,650 $8,540 $9,110
2022 $822 $17,650 $8,540 $9,110
2021 $751 $17,650 $8,540 $9,110
2020 $685 $12,600 $5,920 $6,680
2019 $685 $12,600 $5,920 $6,680
2018 $644 $12,600 $5,920 $6,680
2017 $218 $12,600 $5,920 $6,680
2016 $218 $12,600 $5,920 $6,680
2015 $545 $10,710 $4,260 $6,450
2014 $195 $10,710 $4,260 $6,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $3,700,000 -11.9% $1,423 / Sq Ft
12/20/2023 12/20/23 For Sale $4,200,000 -- $1,615 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Source: Public Records

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1263379

Northwest Arkansas Board of REALTORS®

APN: 05-10052-000