This exceptional 62-acre property features rolling terrain of mature woods and open pastureland. Positioned on a corner lot, it contains four scenic ponds and a running creek. The varied topography and natural beauty make this land ideal for multiple uses - from recreational pursuits and potential agricultural ventures to subdivision possibilities for residential development. The property currently features a cozy 1-bedroom main residence with 951 square feet of thoughtfully converted living space, and an additional 450-square-foot converted utility building added for space. The combination of premium location, diverse natural features, existing infrastructure, and substantial acreage creates numerous opportunities for investors, developers, or those seeking a private estate with income potential. The corner positioning enhances accessibility while the water features and varied terrain add significant value for any intended use.
For sale
$2,170,000
5319 Chastain Rd, Mulberry, AR 72947
1beds
1,400sqft
Single Family Residence
Built in 2019
62 Acres Lot
$-- Zestimate®
$1,550/sqft
$-- HOA
What's special
Running creekDiverse natural featuresFour scenic ponds
- 305 days |
- 99 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Diane Atkinson 479-267-4427,
Gibson Real Estate 479-267-4427
Source: ArkansasOne MLS,MLS#: 1325949
Originating MLS: Northwest Arkansas Board of REALTORS MLS
Originating MLS: Northwest Arkansas Board of REALTORS MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Counter Top, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Flooring: Vinyl
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Gravel Driveway
- Fencing: None
- Waterfront features: None
Lot
- Size: 62 Acres
- Features: Cleared, Not In Subdivision, None, Outside City Limits, Open Lot, Rural Lot, Sloped, Wooded
Details
- Additional structures: Outbuilding
- Parcel number: 00106396000
- Special conditions: None
- Wooded area: 2
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block, Crawlspace
- Roof: Asphalt,Shingle
Condition
- Fixer
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Propane, Septic Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Mulberry
Financial & listing details
- Price per square foot: $1,550/sqft
- Tax assessed value: $89,050
- Annual tax amount: $639
- Date on market: 10/20/2025
- Cumulative days on market: 306 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$989/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Listed for sale | $2,170,000$1,550/sqft |
Source:  ArkansasOne MLS #1325949 Report a problem | ||
| 10/14/2025 | Listing removed | $2,170,000$1,550/sqft |
Source: Western River Valley BOR #1082998 Report a problem | ||
| 8/11/2025 | Listed for sale | $2,170,000$1,550/sqft |
Source: Western River Valley BOR #1082998 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $119 | $9,513 -45.9% |
| 2024 | -- | $17,578 -4.5% |
| 2023 | $872 +10% | $18,415 +10% |
| 2022 | $793 +52.2% | $16,741 +41.2% |
| 2021 | $521 +15.5% | $11,858 +15.6% |
| 2020 | $451 +8.4% | $10,260 +6.9% |
| 2019 | $416 +5.9% | $9,600 |
| 2018 | $393 +68.5% | $9,600 +56.6% |
| 2017 | $233 +12.8% | $6,130 +31.3% |
| 2016 | $206 | $4,670 -23.9% |
| 2015 | $206 -23% | $6,140 |
| 2014 | $268 | $6,140 |
| 2013 | $268 | $6,140 -39.1% |
| 2001 | -- | $10,080 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 72947
Nearby schools
GreatSchools rating
- 5/10Marvin Primary SchoolGrades: PK-4Distance: 4.2 mi
- 5/10Pleasant View Junior High SchoolGrades: 5-8Distance: 8.9 mi
- 5/10Mulberry High SchoolGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- District: Mulberry
Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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