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.
Active
$1,500,000
720 Zanzibar Rd, Little Rock, AR 72223
6beds
3,794sqft
Est.:
Single Family Residence
Built in 1989
9.5 Acres Lot
$1,418,400 Zestimate®
$395/sqft
$-- HOA
What's special
Open space
- 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#: 26005767
Tour with a local agent
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
Estimated market value
$1,418,400
$1.35M - $1.49M
$4,126/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2026 | Listed for sale | $1,500,000-24.8%$395/sqft |
Source: | ||
| 8/3/2023 | Listing removed | $1,995,000$526/sqft |
Source: | ||
| 4/7/2023 | Price change | $1,995,000-11.3%$526/sqft |
Source: | ||
| 3/2/2023 | Listed for sale | $2,250,000$593/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $42,340 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 9/10Baker Interdistrict Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 8/10Joe T. Robinson Middle SchoolGrades: 6-8Distance: 5.1 mi
- 4/10Joe T. Robinson High SchoolGrades: 9-12Distance: 5.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Arkansas
- Pulaski County
- Little Rock
- 72223
- 720 Zanzibar Rd





