Price Reduction
Address
562 Rheas Mill Road, Farmington, AR
Price
$ 795,000
Property Attributes
  • MLS#1347594
  • TypeSingle Family
  • Listing Status Active
  • CountyWashington
  • CityFarmington
  • Neighborhood22-16-31 Farmington Outlots
  • Zip72730
  • Style
  • Year Built2014
  • Taxes$ 3016
  • Price$ 795,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3417
  • Lot Size2 Acres
Data Source:
Northwest Arkansas BOR (NABOR)
Property Description

Rare two-home property on 2 acres in central Farmington—ideal for multigenerational living, guest quarters, an in-law suite or rental-income potential. Together, the two dwellings offer 5 bedrooms, 4 baths and 3,417 finished SF. The 2,427 SF all-brick main home includes a mudroom, office, XL bonus room and storm shelter. Extensive 2023 updates include flooring, paint, lighting, appliances, fireplace, 2nd HVAC and expanded entertaining patio. A 40x50 metal building adds a fully finished 990 SF studio apartment/guest house with separate address, septic, full kitchen, bath and laundry, plus a 1,010 SF detached shop/workshop/garage with dual overhead doors and mezzanine storage. The insulated 32x15 heated/cooled flex building is perfect for a home gym, woodworking studio or private office. Homestead features include a greenhouse, raised garden beds and chicken coop, plus ample parking and peaceful farmland views. Walk to Main Street, schools, restaurants and amenities; minutes to Fayetteville.

Price History
5/15/2026 Listed $849,000
5/25/2026 1$839,000
6/7/2026 2$824,900
6/16/2026 1$814,900
7/21/2026 Listed $814,998
8/1/2026 2$799,900
9/3/2026 1$795,000

General Features

Sewer Septic Tank
Heating Central,Electric
Cooling Central Air,Electric
Utilities Electricity Available,Septic Available,Water Available
Roof Architectural,Shingle
Appliances Dryer,Dishwasher,Electric Range,Electric Water Heater,Microwave Hood Fan,Microwave,Refrigerator,Washer,Plumbed For Ice Maker
Patio/Porch Features Covered,Patio,Porch
Security Features Storm Shelter,Smoke Detector(s)
Construction Materials Brick
Year Built 2014
Stories Count 1
Levels One
Property Subtype Single Family Residence
Waterfront Features None
Community Features Near Schools,Shopping
County Washington
New Construction false
Property Type Residential
Subdivision Name 22-16-31 Farmington Outlots
Garage Y/N true
Other Structures Guest House,Outbuilding,Workshop
Full Baths 4
Status Active
Directions Hwy 49 to exit 62. East on MLK. Left on Double Springs. Left on Rheas Mill Rd. Home on the left.
City Farmington
Disclosures Seller Disclosure
High School District Farmington
Lot Size Units Acres
Year Built Details Resale (less than 25 years old)
Tax Annual Amount 3016
Virtual Tour https://tour.nwarealtors.org/558-562-Rheas-Mill-Road-Farmington-AR-72730/unbranded
Structure Type House
Standard Status Active
Middle/Junior School District Farmington
Elementary School District Farmington
Property Sub Type Additional Single Family Residence
PostalCity Farmington

Interior Features

Interior Amenities 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
Total Fireplaces 1
Fireplace Features Insert,Living Room
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N true
Laundry Features Washer Hookup,Dryer Hookup
Total Bedrooms 5
LivingAreaSource Listing Agent
Total Baths 4

Exterior Features

Exterior Amenities Concrete Driveway
Fencing Back Yard,Chain Link,Fenced,Partial,Privacy,Split Rail,Vinyl,Wood
Parking Features Garage,Other,Garage Door Opener
Lot Features Central Business District,Not In Subdivision,Open Lot
Water Source Public
Lot Size Area 2
Foundation Details Slab
Building Area Total 3417
Lot Size Acres 2
Road Surface Type Paved
Covered Spaces 3
Road Frontage Type Public Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 72730

Price
AVG $450K
$800K
Taxes
AVG $4,669
$3,016
Year Built
AVG 2012
2014

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