TBD Holland/Old Farmington/Sprague Lane Farmington, AR ^$ 3,329,600

TBD Holland/Old Farmington/Sprague Lane

^$ 3,329,600

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TBD Holland/Old Farmington/Sprague Lane

Farmington, AR, 72730

^$ 3,329,600

Studio Baths0.0

Monthly Estimate*

^$ 23,258

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Studio

Lots and Land for sale in Farmington, AR

for $3,329,600. The lot size is 41.62.

Rare 41.62 acres, more or less, of PRIME residential development opportunity (precise acreage to be determined by survey) on the boundary of Fayetteville and Farmington. Located only 6 minutes from I-49 access, this large open pasture land, with road frontage along Holland Dr, Old Farmington Rd and Sprague Ln allows for a multi phase development. City of Fayetteville sewer and water are located along Old Farmington Rd and Sprague Ln. Fayetteville schools. One parcel, 95 S Holland, currently has a mobile home and shop rental property with tenants vacating December 2023, freestanding shop/garage and large livestock barn. At 275 Old Farmington Rd, the former dairy barn was converted to an art studio with one bathroom and is connected to public sewer and water. Land is all under fence and cross fenced. Buyer to satisfy sewer and water capacities with the City of Fayetteville and development density allowance with the City of Farmington.

Lots and Land Active

Price

^$ 3,329,600

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 862

Style

Unimproved Land

Lot Size

41.62

Town/City

Farmington

County/Region

Washington

MLS | Web ID

1263344

Features

General

Sewer NotConnectednearby PublicSewer SepticTank

Zoning N

Topography Cleared Level Rolling

Property SubType UnimprovedLand

Community Features Suburban

Additional Parcels Description 760-02970-000 760-02968-000 760-02974-000 760-02976-000

County Washington

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Contingency Take Backup Offers

Subdivision Name Farmington Outlots 2008 Annex

Garage Y/N N

Status Active

Directions From Martin Luther King Exit on I-49 head west on MLK (HWY 62) towards Farmington 1.8 miles to Holland Drive. Left (South) on Holland 0.25 miles to Old Farmington. Right on Old Farmington. Property i

City Farmington

View Y/N N

Senior Community Y/N N

High School District Fayetteville

Zoning Description Residential

Waterfront Y/N N

Carport Y/N N

Street Name Holland/Old Farmington/Sprague

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 862.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://tour.nwarealtors.org/TBD-HollandOld-FarmingtonSprague-Lane-Farmington-AR-72730/unbranded

Days on Market 126

Standard Status Active

Middle/Junior School District Fayetteville

Elementary School District Fayetteville

Tax Lot n/a

Legal Description 41.62 acres +/-

Exterior

Fencing Fenced Wire

Lot Features Cleared None OpenLot Level

Water Source NotConnectednearby Public

Lot Size Area 41.62

Spa N

Lot Size Acres 41.62

Road Surface Type Paved

Lot Size Units Acres

Road Frontage Type PublicRoad

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Lane

Electric On Property Y/N N

* Excluded Features

List By

Coldwell Banker Harris Mchaney & Faucette -Fayette

Broker

adam.steenken@coldwellbankerhmf.com

Affordability Calculator

$23,330

Per Month

Monthly Principal & Interest: $23,258
Monthly Property Taxes: $72
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Farmington, AR

Average List Price ^$717,795

Percent of Sale Price 78%

About Farmington, AR

6,864 Population

55% Since 2002

^$48,240 Median Income

35.15 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1764852 Elementary School

1764924 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/20/2023	$3,329,600		Listed Price

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TBD Holland/Old Farmington/Sprague Lane, Farmington, AR, 72730 is a Lots and Land for sale at $3,329,600 with a lot size of 41.62. TBD Holland/Old Farmington/Sprague Lane is a studio with 0.0 baths. The property's zip code is 72730 which is in Farmington, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Broker Reciprocity (sm) Program of Northwest Arkansas Board of REALTORS® MLS

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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TBD Holland/Old Farmington/Sprague Lane

Lots and Land for sale in Farmington, AR

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