Lots and Land: MLS #24032560 Monticello, AR $ 1,297,500
Lots and Land: MLS #24032560
$ 1,297,500
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Lots and Land: MLS #24032560

Monticello, AR, 71655
$ 1,297,500
Baths0.0

Monthly Estimate*

$ 8,095

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Studio

Lots and Land for sale in Monticello, AR

for $1,297,500. The lot size is 173.

Premier Investment Opportunity: 173 acres in Monticello, Arkansas. This 173-acre property in Drew County offers an exceptional investment opportunity with 2000 feet of frontage along Highway 278, ensuring prime visibility and access. Located just 1.5 miles from the intersection of Highways 425 and 278 and a quarter mile from the new loop connecting to Drew County Regional Medical Center, this land is ideal for development as the area grows. Key Features: Prime Location: Close to major highways, essential amenities like Walmart, and just minutes from shopping, dining, and services. Highway 278 Frontage: 2000 feet of frontage enhances development potential. Pine Plantation: Thriving pine plantation provides potential income or a scenic backdrop for residential projects. Educational Hub: Near the University of Arkansas Monticello, adding value for families and professionals seeking proximity to education. This property combines growth potential, strategic location, and natural beauty, ideal for commercial or residential development, timber management, or recreational use.

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Lots and Land Active

Price

$ 1,297,500

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 297

Style

Acreage

Lot Size

173

Town/City

Monticello

County/Region

Drew

MLS | Web ID

24032560

Features
General
Utilities None
Subdivision Monticello
County Drew
Class Vacant Land
Type Acreage
Road Frontage U.S. Highway
Inside City Limits No
Status Active
Sale/Rent For Sale
Status Detail 0
Docs on File None
Directions From the Hwy 278 and Hwy 425 intersection travel West on Hwy 278 approximately 1.5 miles. The property will be on the right.
City Monticello
DOM 456
Public Remarks Premier Investment Opportunity: 173 acres in Monticello Arkansas. This 173-acre property in Drew County offers an exceptional investment opportunity with 2000 feet of frontage along Highway 278 ensu
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Exterior
Road Surface Paved
Lot Size Area 173
Lot Dimensions 173
Lot Rural Property Timberland Hunting/Recreation
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* Excluded Features
List By
Mark Knight

Listing Agent

Ddk Land And Farm

Broker

mknight@davisforestry.com

Email

Affordability Calculator

$8,119
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,095
Monthly Property Taxes
$25
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/5/2024$1,297,500 Listed Price

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