4 months on rocket

987 Elk Rd, Bentonville, AR, 72713

$4,200,000

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

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

School Info

Assigned Schools Information:

  • Rogers Heritage High School, Public District Grades 9-12
  • Oakdale Middle School, Public District Grades 6-8
  • Reagan Elementary School, Public District Grades PK-5

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

$473K

Med. Price/SqFt

$204

Avg. Days On Market

76

# of Sold Homes

61

987 Elk Rd vs Bentonville

130 DAYS ON ROCKET

+54 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: 4/29/2024, 12:25:19 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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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

school-card-donut-3084825
6
/10
  • Reagan Elementary School

  • 3904 W Olive St

  • 2.72 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3084826
5
/10
  • Oakdale Middle School

  • 511 N Dixieland Rd

  • 4.23 miles

  • Public District Grades 6-8

High School

school-card-donut-3084827
5
/10
  • Rogers Heritage High School

  • 1114 S 5th St

  • 5.11 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,661. Typical income of Bentonville, AR residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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 are the assigned schools for this property?

The assigned schools for 987 Elk Rd are:
Reagan Elementary School: GreatSchools Rating 6/10
Oakdale Middle School: GreatSchools Rating 5/10
Rogers Heritage High School: GreatSchools Rating 5/10

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 HomesArkansasBenton CountyBentonville72713987 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.

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 inventory of homes for sale in Bentonville, AR between February 2024 and March 2024 increased by 6.7%. The median list price of listings available in March 2024 was $473,027, while the average time on the real estate market was 76 days.

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

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