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  • $1,500,000

    720 Zanzibar Rd, Little Rock, AR 72223

    6beds
    3,794sqft
    : 
    Single Family Residence
    Built in 1989
    9.5 Acres Lot
    $1,418,400 Zestimate®
    $395/sqft
    $-- HOA

    What's special

    Open space
    Rare opportunity to own two separate 3-bedroom, 2-bath homes situated on approximately 9.5 acres in a highly convenient location just moments from Southwest Power Pool and Costco. Each residence offers nearly 2,000 square feet of living space, creating flexibility for multi-generational living, guest accommodations, rental income, or a private estate setting. One home is currently operated as a successful short-term rental generating over $40,000 annually, offering immediate income potential. Historical income records are available upon request. Buyers may continue short-term rentals, lease long-term, or enjoy both homes as a private retreat with room to expand. With open space, privacy, and multiple lifestyle options, this property offers a rare blend of convenience, versatility, and long-term value in a rapidly growing area.
    91 days
    |
    309
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Galbraith 501-804-9942,

    Arkansas Property Management & Real Estate 501-851-7771

    Source: CARMLS,MLS#: 26005767MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Great Room
      Dining room
      • Features: Separate Dining Room
      Heating
      • Natural Gas
      Cooling
      • Gas
      Appliances
      • Included: Built-In Range, Microwave, Dishwasher, Disposal, Washer, Dryer
      • Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room
      Features
      • Sheet Rock, Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, 2 Bedrooms Upper Level
      • Flooring: Carpet, Tile, Wood
      • Has fireplace: Yes
      • Fireplace features: Factory Built, Woodburning-Site-Built
      Interior area
      • Total structure area: 3,794
      • Total interior livable area: 3,794 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Garage, Two Car
      • Has garage: Yes
      • Has carport: Yes
      Features
      • Levels: One,Two
      • Patio & porch: Deck
      • Exterior features: Rain Gutters
      Lot
      • Size: 9.5 Acres
      • Features: Sloped, Not in Subdivision, Split Possible
      Details
      • Parcel number: 54R0014901800

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      • Foundation: Crawl Space, Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Electric: Elec-Municipal (+Entergy)
      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: IRIS
      HOA
      • Has HOA: No
      Location
      • Region: Little Rock

      Financial & listing details

      • Price per square foot: $395/sqft
      • Tax assessed value: $478,770
      • Annual tax amount: $3,849
      • Date on market: 2/14/2026
      • Road surface type: Gravel
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        Estimated market value

        $1,418,400

        $1.35M - $1.49M

        $4,126/mo

        Price history

        DateEventPrice
        2/14/2026Listed for sale$1,500,000-24.8%$395/sqft
        Source: CARMLS #26005767 Report a problem
        8/3/2023Listing removed$1,995,000$526/sqft
        Source: CARMLS #23006174 Report a problem
        4/7/2023Price change$1,995,000-11.3%$526/sqft
        Source: CARMLS #23006174 Report a problem
        3/2/2023Listed for sale$2,250,000$593/sqft
        Source: CARMLS #23006174 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,974 +4.2%$84,300 +6.5%
        2023$4,775 +4.4%$79,150 +7%
        2022$4,576 +8.3%$74,000 +7.5%
        2021$4,224 -7%$68,850
        2020$4,544 +16.8%$68,850
        2019$3,889 +2.6%$68,850
        2018$3,791 +3.4%$68,850
        2017$3,667 $68,850 +25.3%
        2016$3,667 +31.3%$54,970
        2015$2,792 -4.1%$54,970 -4.1%
        2014$2,911 $57,294
        2013$2,911 $57,294 -39.5%
        2012-- $94,670 +50.9%
        2011-- $62,730
        2010-- $62,730
        2009-- $62,730
        2008-- $62,730
        2007-- $62,730 -20.9%
        2005-- $79,310
        2004-- $79,310 +87.3%
        2003-- $42,340
        2002-- $42,340
        2001-- $42,340

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All 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.
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          Climate risks

          Neighborhood: 72223

          Getting around

          3 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          1 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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