Rare opportunity in the heart of Farmington - w/ 2 dwellings, 2 acres, 1,010 SF shop, greenhouse & gardens. The 2,427 SF all-brick main home offers 4 bedrooms, 3 full baths, mudroom, home office, XL bonus room, and storm shelter. 2023 renovations include flooring, paint, lighting, appliances, fireplace, 2nd HVAC & extended entertaining patio. The 40x50 metal building includes a fully finished 990 SF studio apartment/guest house (2023) - w/ its own address, septic system, full kitchen, full bath, & laundry - ideal for multi-generational living, guest quarters, rental income etc. The remaining 1,010 SF is excellent shop/workshop/garage space w/ dual overhead doors & mezzanine storage. A separate 32x15 insulated, heated/cooled outbuilding w/ power offers even more flexibility & workspace. Outside, enjoy ample parking, raised garden beds, chicken coop & peaceful views backing to farmland for added privacy - all within walking distance of Main Street, schools/restaurants/amenities & just minutes to Fayetteville.
For sale
Price cut: $10K (6/16)
$814,900
562 Rheas Mill Rd, Farmington, AR 72730
4beds
2,427sqft
Single Family Residence
Built in 2014
2 Acres Lot
$794,800 Zestimate®
$336/sqft
$-- HOA
What's special
- 56 days |
- 375 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Nicole Shepard 479-366-2658,
Collier & Associates - Farmington Branch 479-274-0977
Source: ArkansasOne MLS,MLS#: 1347594
Originating MLS: Northwest Arkansas Board of REALTORS MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer, Plumbed For Ice Maker
- Laundry: Washer Hookup, Dryer Hookup
Features
- Attic, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Other, Pantry, Programmable Thermostat, Split Bedrooms, Storage, Walk-In Closet(s), Window Treatments, In-Law Floorplan, Mud Room
- Flooring: Carpet, Laminate, Simulated Wood, Tile
- Windows: Blinds
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Insert, Living Room
Interior area
- Total structure area: 2,427
- Total interior livable area: 2,427 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage, Other, Garage Door Opener
- Has garage: Yes
- Covered spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Exterior features: Concrete Driveway
- Fencing: Back Yard,Chain Link,Fenced,Partial,Privacy,Split Rail,Vinyl,Wood
- Waterfront features: None
Lot
- Size: 2 Acres
- Features: Central Business District, Not In Subdivision, Open Lot
Details
- Additional structures: Guest House, Outbuilding, Workshop
- Parcel number: 76001853001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Architectural,Shingle
Condition
- New construction: No
- Year built: 2014
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Septic Available, Water Available
Community & HOA
Community
- Features: Near Schools, Shopping
- Security: Storm Shelter, Smoke Detector(s)
- Subdivision: 22-16-31 Farmington Outlots
Location
- Region: Farmington
Financial & listing details
- Price per square foot: $336/sqft
- Annual tax amount: $3,016
- Date on market: 5/15/2026
- Cumulative days on market: 56 days
- Road surface type: Paved
Estimated market value
Zestimate®
$794,800
Estimated sales range
$755,000 - $835,000
Rent Zestimate®
$2,443/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $814,900-1.2%$336/sqft |
Source: | ||
| 6/7/2026 | Price change | $824,900-1.7%$340/sqft |
Source: | ||
| 5/25/2026 | Price change | $839,000-1.2%$346/sqft |
Source: | ||
| 5/15/2026 | Listed for sale | $849,000$350/sqft |
Source: | ||
| 5/8/2026 | Listing removed | $849,000$350/sqft |
Source: | ||
| 4/6/2026 | Listed for sale | $849,000+99.8%$350/sqft |
Source: | ||
| 2/21/2023 | Sold | $425,000+2.4%$175/sqft |
Source: | ||
| 2/3/2023 | Listed for sale | $414,900+361%$171/sqft |
Source: | ||
| 2/15/2013 | Sold | $90,000-25%$37/sqft |
Source: | ||
| 8/17/2012 | Listing removed | $120,000$49/sqft |
Source: Lindsey & Associates, Inc. #656655 Report a problem | ||
| 5/25/2012 | Listed for sale | $120,000$49/sqft |
Source: Visual Tour #656655 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 72730
Nearby schools
GreatSchools rating
- 8/10Jerry Pop Williams Elementary SchoolGrades: K-3Distance: 1.9 mi
- 7/10Farmington Junior High SchoolGrades: 7-9Distance: 0.7 mi
- 7/10Farmington High SchoolGrades: 10-12Distance: 1.6 mi
Schools provided by the listing agent
- District: Farmington
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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- Arkansas
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- 72730
- 562 Rheas Mill Rd