Explore this stunning 20.5-acre property located within the highly sought-after Bentonville School District. This expansive land is perfect for developers looking to capitalize on the area's growth and potential. The property features a charming farmhouse, ideal for a fixer-upper project, along with a spacious shop for storage. An impressive barn boasts six horse stalls, a tack room, and a bathroom, alongside an unfinished apartment that offers endless possibilities for customization or rental income. With its prime location and abundant outdoor space, this property presents a rare opportunity to create a thriving community or pursue various development possibilities in a vibrant and expanding area. Don’t miss the chance to invest in this unique piece of land! currently operating as a equestrian facility
Directions: Follow AR 102 W, Turn right onto AR-279 N, Turn left onto N Mt Olive Rd driveway will be on your right currently operating as an equestrian facility
Price Information
Listing Price Info
Price Summary:
List Price: $1,499,999
Price Per SqFt: $732/SqFt
Tax Information:
Annual Amount: $1,960
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gravette, AR.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Centerton Gamble Elementary School
1500 Gamble Rd
Distance between this listing and this school2.25 miles
Public District Grades KG-4
1
/10
Hope Academy of Nwa Elementary School
850 NW Vaughn Rd
Distance between this listing and this school4.08 miles
Public Charter Grades KG-3
6
/10
Elm Tree Elementary School
101 NW Elm Tree Rd
Distance between this listing and this school4.57 miles
Public District Grades KG-4
Nearby Schools
7
/10
Grimsley Junior High School
850 N Vaughn Rd
Distance between this listing and this school2.61 miles
Public District Grades 7-8
8
/10
Spring Hill Middle School
3400 SW 2nd St
Distance between this listing and this school4.52 miles
Public District Grades 5-6
9
/10
Fulbright Junior High School
5303 SW Bright Rd
Distance between this listing and this school6.59 miles
Public District Grades 7-8
Nearby Schools
9
/10
Bentonville West High School
1351 Gamble Rd
Distance between this listing and this school1.97 miles
Public District Grades 9-12
7
/10
Northwest Arkansas Classical Academy High School
1300 Melissa Dr Ste 216
Distance between this listing and this school5.85 miles
Public Charter Grades 7-12
5
/10
Gravette High School
325 Lion Dr S
Distance between this listing and this school6.53 miles
The neighbors living near this home have an average income of $83,088. Most Gravette, AR residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 13677 N Mount Olive Rd
What is the listing price of this property?
The listing price of 13677 N Mount Olive Rd property is $1,499,999.
What type of property is this?
The property 13677 N Mount Olive Rd is a house located in Gravette, Arkansas, 72736.
Is this property for sale now?
Active Listing: 13677 N Mount Olive Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,960 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 1, 2006 for $445,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 13677 N Mount Olive Rd has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 13677 N Mount Olive Rd is 2,050 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 13677 N Mount Olive Rd is 1970.
This home is located at 13677 N Mount Olive Rd in Gravette, AR and zip code 72736. This 2,050 square foot home, which was built in 1970, sits on a 20.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 30, 2024 and is currently priced at $1,499,999.
While more than 1 listings in Gravette, AR in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 4 were sold below. Between October 2024 and November 2024, Gravette, AR real estate market has seen increase in the number of listings by 8.7%. The median list price of listings available in November 2024 was $355,000, while the average time on the real estate market was 102 days.
From Rocket Homes Real Estate and based on county public records data.