Development potential centrally located 2 miles from the Bentonville City Square. Quick access to multiple thoroughfares. Highway frontage nestled among multiple desirable and established neighborhoods, adjacent to recently developed single and multifamily units, across from Bentonville School System’s Elm Tree Elementary and Ardis Ann Middle Schools as well as a new Circle K convenience store. Property has a north side elevation. An unusual opportunity located in a central part of Bentonville with easy access to Downtown and I-49. *Shown by appointment only.*
Lot: Neighborhood, Other, See Remarks, Level, Wooded
Lot Size: 11.60 Acres
School Info
Assigned Schools Information:
Bentonville High School, Public District Grades 9-12
Spring Hill Middle School, Public District Grades 5-6
Lincoln Junior High School, Public District Grades 7-8
Elm Tree Elementary School, Public District Grades KG-4
Sugar Creek Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: From I-49, exit 88A / W on Central Ave, continue through N Walton Ave onto W Central Ave that turns into SW 2nd St / Property will be to the north, after Oakhurst St.
Price Information
Listing Price Info
Price Summary:
List Price: $5,000,000
Tax Information:
Annual Amount: $1,517
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 Bentonville, AR.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$25K
Per Month
Principal & Interest
$24.9K
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
$15K
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.
Elementary School
7
/10
Elm Tree Elementary School
101 Elm Tree Ln
Distance between this listing and this school0.37 miles
Public District Grades KG-4
6
/10
Sugar Creek Elementary School
1102 Bella Vista Rd
Distance between this listing and this school1.79 miles
Public District Grades KG-5
Middle School
7
/10
Spring Hill Middle School
3400 Highway 72 W
Distance between this listing and this school0.37 miles
Public District Grades 5-6
8
/10
Lincoln Junior High School
1206 Leopard Ln
Distance between this listing and this school2.07 miles
Public District Grades 7-8
High School
8
/10
Bentonville High School
1901 SE J St
Distance between this listing and this school3.13 miles
Public District Grades 9-12
Assigned Schools
7
/10
Elm Tree Elementary School
101 Elm Tree Ln
Distance between this listing and this school0.37 miles
Public District Grades KG-4
6
/10
Sugar Creek Elementary School
1102 Bella Vista Rd
Distance between this listing and this school1.79 miles
Public District Grades KG-5
Nearby Schools
7
/10
Thomas Jefferson Elementary School
810 Bella Vista Rd
Distance between this listing and this school1.72 miles
Public District Grades KG-4
Assigned Schools
7
/10
Spring Hill Middle School
3400 Highway 72 W
Distance between this listing and this school0.37 miles
Public District Grades 5-6
8
/10
Lincoln Junior High School
1206 Leopard Ln
Distance between this listing and this school2.07 miles
Public District Grades 7-8
Nearby Schools
7
/10
Northwest Arkansas Classical Academy
1300 Melissa Dr
Distance between this listing and this school1.15 miles
Public Charter Grades KG-8
Assigned Schools
8
/10
Bentonville High School
1901 SE J St
Distance between this listing and this school3.13 miles
Public District Grades 9-12
Nearby Schools
6
/10
Rogers High School
2300 S Dixieland Rd
Distance between this listing and this school7.31 miles
Public District Grades 9-12
7
/10
Benton Cty School of Arts High School
506 W Poplar St
Distance between this listing and this school7.31 miles
The neighbors living near this home have an average income of $74,612. Most Bentonville, AR residents have annual incomes between $35k-100k. Typical family type is married, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2904 SW 2nd St
What is the listing price of this property?
The listing price of 2904 SW 2nd St property is $5,000,000.
What type of property is this?
The property 2904 SW 2nd St is land located in Bentonville, Arkansas, 72712.
Is this property for sale now?
Active Listing: 2904 SW 2nd St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2904 SW 2nd St are: Elm Tree Elementary School: GreatSchools Rating 7/10Sugar Creek Elementary School: GreatSchools Rating 6/10Spring Hill Middle School: GreatSchools Rating 7/10Lincoln Junior High School: GreatSchools Rating 8/10Bentonville High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,517 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 23, 2004 for $200,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2904 SW 2nd St in Bentonville, AR and zip code 72712. This home sits on a 11.60 acre lot. It has been listed on Rocket Homes since August 01, 2023 and is currently priced at $5,000,000.
In March 2024 more than 14 listings in Bentonville, AR were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 24 were sold below. The number of listings in Bentonville, AR increased by 6.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 76 days, the median list price was $473,027.
From Rocket Homes Real Estate and based on county public records data.