1 year on rocket

987 Elk Rd, Bentonville, AR, 72713

$4,200,000

4 Bedrooms
2 Full Baths
2,600 SqFt
$1,615/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingRV Access/Parking
HeatingOther
CoolingNone
WaterfrontPond
FireplaceNone
MLS #1263385
Lot Size8.38 Acres
StatusActive

About 987 Elk Rd

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.

Property Details

Property Features

Property Information:

  • Stories: 1
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: Coldwell Banker Harris McHaney & Faucette-Rogers
  • Office Phone: (479) 696-0600

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Basement: No
  • Interior: None
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • Exterior: Gravel Driveway

Parking Information:

  • Parking: RV Access/Parking

Lot Features

Lot Information:

  • Lot: Level, Sloped
  • Lot Size: 8.38 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: Stoneybrook Rd, Right on Rainbow, Left on Elk Rd, Property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,200,000
  • Price Per SqFt: $1,615/SqFt

Tax Information:

  • Annual Amount: $685
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bentonville, AR.

Med. Sold Price

$480.1K

Med. Price/SqFt

$214

Avg. Days On Market

74

# of Sold Homes

80

987 Elk Rd vs Bentonville

371 DAYS ON ROCKET

+297 Days

$4,200,000

+$3.7M More

$1,615/SqFt

+$1.4K More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price and $1.4K/SqFt more than other homes in Bentonville, AR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ARKMLS
  • MLS Number: #1263385

Listing Office:

  • Office Name: Coldwell Banker Harris McHaney & Faucette-Rogers
  • Office Phone: (479) 696-0600

Broker Reciprocity Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/25/2024, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$685$12,600
2019$643$12,600
2018$235$12,600
2017$218$12,600

History based on county public records data.

Payment Calculator

$21K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.6K

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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.

Nearby Schools

school-card-donut-1564648
7
/10
  • Central Park Elementary School

  • 1400 SW Liberty Ave

  • 0.87 miles

  • Public District Grades KG-4

school-card-donut-1564649
9
/10
  • Bright Field Middle School

  • 5101 SW Bright Rd

  • 1.07 miles

  • Public District Grades 5-6

school-card-donut-1564650
9
/10
  • Willowbrook Elementary School

  • 1800 SW Gator Blvd

  • 1.08 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,661. Residents of Bentonville, AR typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Bentonville, AR

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Bentonville, AR?

Bentonville's housing market is diverse, offering a range of options from charming single-family homes to modern apartments and townhouses. The architectural styles vary, with a noticeable presence of contemporary and craftsman designs. Single-family homes are the most prevalent, making up a significant portion of the market, while multifamily units provide alternatives for those seeking a more urban living experience. The homeownership rate in Bentonville is robust, reflecting a community invested in long-term residency.

What are the advantages of living in Bentonville, AR?

Bentonville is celebrated for its vibrant community spirit and cultural richness. The city prides itself on its thriving arts scene, numerous parks, and trails that encourage outdoor activities. Annual events and festivals highlight the local heritage and foster a sense of community among residents. The town's character is further defined by its blend of historic charm and innovative growth, making it an attractive place for families and professionals alike.

Are essential services in Bentonville, AR convenient?

The community is served by a comprehensive educational system, including several public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are accessible, with a local hospital and various clinics offering a range of medical care. The public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with an emphasis on farm-to-table restaurants and boutique shopping experiences. City initiatives are in place to continually improve services to meet the needs of a growing population.

How do Bentonville, AR residents get around?

Bentonville features a reliable transport infrastructure with a focus on both private and public transit options. The city's roadways and highways are well-maintained, facilitating easy commuting and travel to surrounding areas. Public transportation services are available, providing connectivity within the city and beyond. The community is also becoming increasingly bike-friendly, with dedicated lanes and trails. While specific ride-sharing services are present, they complement the existing transport options, offering residents and visitors an array of choices for their mobility needs.

Frequently Asked Questions About 987 Elk Rd

What is the listing price of this property?

The listing price of 987 Elk Rd property is $4,200,000.

What type of property is this?

The property 987 Elk Rd is a house located in Bentonville, Arkansas, 72713.

Is this property for sale now?

Active Listing: 987 Elk 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 $685 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 987 Elk Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 987 Elk Rd is 2,600 SqFt (source: MLS/tax record).
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Rocket Homes›Arkansas›Benton County›Bentonville›72713›987 Elk Rd

This home is located at 987 Elk Rd in Bentonville, AR and zip code 72713. This 2,600 square foot home sits on a 8.38 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2023 and is currently priced at $4,200,000.

Over 20 listings were sold over their listed price in November 2024 in Bentonville, AR. In the same period over 29 listings were sold below the listed price and 31 listings were sold for the listed price. The number of homes for sale in Bentonville, AR decreased by 6.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 74 days, the median list price was $480,167.

From Rocket Homes Real Estate and based on county public records data.

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