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    Mundell Rd Eureka Springs, AR 72631

    For Sale
    $449,000

    Development Potential - Eureka Springs, AR

    Lot size:
    6.67 Acres
    Days on Market:
    201
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for Mundell Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    001-08878-001
    Lot size
    6.67 Acres

    Building Details

    Architectural style
    Other

    Bay Realty of Arkansas (479) 253-5555

    Listing agent Adam Biossat (479) 253-5555

    Listing date May 19, 2025

    MLS# 1308536 Listing URL

    Copyright © 2025 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Eureka Springs Land with Views

    This 6.67-acre tract of land, known as "Grassy Knob", is located near Beaver Dam and Eureka Springs. Situated on one of the highest hilltops in the area, the property is bordered by Highway 187, Mundell Road, and the "Shortcut Road", offering views of Beaver Lake and easy access. The location is centrally located in the area and is close to Beaver Dam, Starkey Marina, the White River, and Eureka Springs. The property is suitable for a residence or for a high-end estate, cabin business, hotel, restaurant, or convenience store. Electric service is nearby, and the property can connect to a community water system. A septic permit is on file. Additional tree clearing could further enhance the lake view.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Eureka Springs
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.830081
    Latitude
    36.402531

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    FAQs

    What type of property is this?
    Land - Iconic 6.67-acre tract near Beaver Dam with development potential.
    Where is this land located?
    The property is located at Mundell Rd Eureka Springs, AR.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - Iconic property "The Grassy Knob" offering historical significance.; - Excellent views of Beaver Lake from its hilltop location.; - Easy access via Highway 187, Mundell Road, and "Shortcut Road".
    (479) 253-5555
    Request Owner's contact information
    Mundell Rd Eureka Springs, AR 72631
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    Eureka Springs, AR 72631
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Mundell Rd Eureka Springs, AR 72631
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