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Residential Development Acre Lot
For Sale
$219,900

Lot 15 Otter Road, Prairie Grove, AR 72753

Build-ready 1-acre lot within an exclusive 21-home neighborhood just off Hwy 62.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market131

Property Features for Lot 15 Otter Road

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Lots/Land

Additional Details

Road Access Yes
Listing Agency: Legend Realty Inc
Listed By: Phillip Mark Partain · License #SA00099979
Source: Exitrealty
Added: Apr 14 Changed: Aug 8 Last Checked: Jun 30 at 8:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legend Realty Inc

Investment Insights

Based on property information with market context.

This offering is for Lot 15 in The Reserve at Cannon Hollow, a planned residential community built around 1-acre lots. The neighborhood is designed as an exclusive 21-lot development with custom homes, and the developer-established minimum home size is 3,000 square feet. Homes are to be built by the developer, with buyers selecting their lot and house plan to get started.

The property is located just off Hwy 62, with the community described as featuring tree-lined streets and mountain views. As part of the limited number of lots, the setting is intended to support a quieter, neighborhood feel within a small, controlled development footprint.

For buyers seeking a developer-built custom home path, this lot provides a straightforward framework: purchase the acre lot, work through the approved planning process, and build a home with the stated minimum size requirement. If you’re comparing available lots within the same community, Lot 15 offers the same overall development parameters, while letting you choose a house plan that fits your preferred layout and timeline within The Reserve at Cannon Hollow.

Key Highlights

  • Build‑ready 1‑acre lot in The Reserve at Cannon Hollow, a 21‑lot neighborhood
  • Custom homes on 1‑acre lots with tree‑lined streets and mountain views
  • Developer‑built homes with a 3,000 SF minimum

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Building Supply (Bike/Boat/Book/etc) Store Nail Salon Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 72753, AR

10,525
Population
4,078
Households
2.6
Avg Household Size
37
Median Age
20%
College-Educated
92%
High-School Grad
89.2 sq mi
ZIP Area
118
Density / Sq Mi
$64,701
Median Household Income
$40,264
Median Earnings
$911
Median Rent
$227,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready 1-acre lot within an exclusive 21-home neighborhood just off Hwy 62.
Where is this residential land & home lot located?
The property is located at Lot 15 Otter Road Prairie Grove, AR.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Build‑ready 1‑acre lot in The Reserve at Cannon Hollow, a 21‑lot neighborhood; Custom homes on 1‑acre lots with tree‑lined streets and mountain views; Developer‑built homes with a 3,000 SF minimum
More about this property
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