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For sale
  • Price cut: $150K (5/1)
    $1,500,000

    573 Reed Valley Rd, Fayetteville, AR 72704

    6beds
    6,014sqft
    : 
    Single Family Residence
    Built in 1985
    3.02 Acres Lot
    $1,424,000 Zestimate®
    $249/sqft
    $-- HOA

    What's special

    Movie roomTree-lined gated driveway
    Beautifully remodeled estate on 3 acres in one of NWA’s most scenic areas, just minutes from The Blessings golf course. A tree-lined gated driveway leads to this exceptional property welcoming you with a large front porch that has a seating area and fireplace. The home features 6 bedrooms and 5.5 bathrooms, 4 of them ensuites. Thoughtful design detail throughout the home makes it unique and inviting. The primary suite has its own fireplace and separate his/hers closets. The chef’s kitchen features a double oven, an induction cooktop, and a 12' solid wood island as well as an accordion door that opens to the pool & pergola-covered patio, ideal for entertaining. Additional spaces include an office and movie room. A separate 650sqft family room features a dry bar & 120" projector screen. Solar panels decrease your electric bill drastically. The property feels private and secluded while still convenient - just 5 min to Hwy 112, 7 min to I-49, & less than 30 mins to the Walmart Home Office. Additional acreage available.
    43 days
    |
    915
    |
    66
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kailtin Parker 479-466-6126,

    Truman Ball Real Estate 501-847-4900

    Source: ArkansasOne MLS,MLS#: 1339371MLS LogoOriginating MLS: Northwest Arkansas Board of REALTORS MLS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Heating
      • Central, Gas
      Cooling
      • Central Air, Ductless, Electric
      Appliances
      • Included: Convection Oven, Double Oven, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Smooth Cooktop, Self Cleaning Oven, ENERGY STAR Qualified Appliances, PlumbedForIce Maker
      • Laundry: Washer Hookup, Dryer Hookup
      Features
      • Wet Bar, Built-in Features, Pantry, Programmable Thermostat, Quartz Counters, Walk-In Closet(s), Window Treatments, Storage
      • Flooring: Luxury Vinyl Plank, Tile
      • Windows: Drapes
      • Basement: None
      • Number of fireplaces: 3
      • Fireplace features: Bedroom, Electric, Insert, Family Room, Living Room, Outside
      Interior area
      • Total structure area: 6,014
      • Total interior livable area: 6,014 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 7
      • Parking features: Garage, Garage Door Opener
      • Has garage: Yes
      • Covered spaces: 7
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Patio, Porch
      • Exterior features: Concrete Driveway
      • Fencing: Fenced,Full
      • Waterfront features: None
      Lot
      • Size: 3.02 Acres
      • Dimensions: 250 x 575
      • Features: Cleared, City Lot, Landscaped, Level, Not In Subdivision, None
      Details
      • Additional structures: Outbuilding, Storage
      • Parcel number: 83038441000
      • Zoning description: Residential
      • Wooded area: 0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Foundation: Slab
      • Roof: Architectural,Shingle
      Condition
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public, Well
      • Utilities for property: Electricity Available, Natural Gas Available, Septic Available, Water Available, Recycling Collection
      Green energy
      • Energy efficient items: Appliances, Solar Panel(s)

      Community & HOA

      Community
      • Features: Golf
      • Security: Security System, Fire Alarm, Smoke Detector(s)
      • Subdivision: None
      Location
      • Region: Fayetteville

      Financial & listing details

      • Price per square foot: $249/sqft
      • Tax assessed value: $708,600
      • Annual tax amount: $3,554
      • Date on market: 3/20/2026
      • Cumulative days on market: 43 days
      • Listing terms: ARM,Conventional,FHA,VA Loan
      • Road surface type: Paved
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        Estimated market value

        $1,424,000

        $1.35M - $1.50M

        $7,914/mo

        Price history

        DateEventPrice
        5/1/2026Price change$1,500,000-9.1%$249/sqft
        Source: ArkansasOne MLS #1339371 Report a problem
        4/18/2026Price change$1,650,000-5.6%$274/sqft
        Source: ArkansasOne MLS #1339371 Report a problem
        3/31/2026Listed for sale$1,748,000+114.5%$291/sqft
        Source: ArkansasOne MLS #1339371 Report a problem
        10/31/2025Sold$815,000-8.9%$136/sqft
        Source: ArkansasOne MLS #1285465 Report a problem
        9/3/2024Price change$895,000-5.8%$149/sqft
        Source: ArkansasOne MLS #1285465 Report a problem
        8/30/2024Listed for sale$949,900-50%$158/sqft
        Source: ArkansasOne MLS #1285465 Report a problem
        8/30/2024Listing removed$1,900,000$316/sqft
        Source: ArkansasOne MLS #1268854 Report a problem
        5/7/2024Listing removed--
        Source: ArkansasOne MLS #1268854 Report a problem
        3/6/2024Listed for sale$1,900,000+11.8%$316/sqft
        Source: ArkansasOne MLS #1268854 Report a problem
        8/22/2023Listing removed--
        Source: ArkansasOne MLS #1242630 Report a problem
        4/4/2023Listed for sale$1,700,000+25.9%$283/sqft
        Source: ArkansasOne MLS #1242630 Report a problem
        2/22/2022Listing removed--
        Source: ArkansasOne MLS #1206210 Report a problem
        1/5/2022Listed for sale$1,350,000$224/sqft
        Source: ArkansasOne MLS #1206210 Report a problem
        10/1/2020Listing removed$1,350,000$224/sqft
        Source: RE/MAX Associates, LLC #1139485 Report a problem
        3/2/2020Listed for sale$1,350,000$224/sqft
        Source: RE/MAX Associates, LLC #1139485 Report a problem
        8/30/2019Listing removed$1,350,000$224/sqft
        Source: RE/MAX Associates #1105143 Report a problem
        2/27/2019Price change$1,350,000-3.6%$224/sqft
        Source: RE/MAX Associates #1105143 Report a problem
        11/15/2018Price change$1,400,000-6.7%$233/sqft
        Source: Burnett Real Estate Team ConnectRealty.com #1086096 Report a problem
        3/15/2017Listed for sale$1,500,000$249/sqft
        Source: Realty Concepts #1041334 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,545 -3%$82,045 -0.9%
        2023$3,656 +0.4%$82,775 +4.1%
        2022$3,640 $79,500
        2021$3,640 +0.2%$79,500 -13.4%
        2020$3,632 +3.5%$91,750 +12.9%
        2019$3,509 -0.7%$81,280 +0%
        2018$3,534 +2.2%$81,270
        2017$3,457 $81,270
        2016$3,457 $81,270
        2015$3,457 $81,270 +5.7%
        2014$3,457 +2.3%$76,900
        2013$3,380 $76,900
        2012$3,380 $76,900
        2011-- $76,900
        2010-- $76,900 -3.3%
        2009$3,396 -10.2%$79,524 -1%
        2008$3,782 +13.1%$80,290 +16.1%
        2007$3,344 $69,150

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $8,039/mo
        Principal & interest
        $7389
        Property taxes
        $650
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          Climate risks

          Neighborhood: 72704

          Getting around

          0 / 100
          Car-Dependent
          12 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Springdale

          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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