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Residential Lot in 21-Lot Community
For Sale
$219,900

Lot 3 Otter Road, Prairie Grove, AR 72753

Build a custom home on a 1-acre lot within an exclusive 21-home neighborhood off Hwy 62.

Property SizeContact for details
Days on Market136

Property Features for Lot 3 Otter Road

General Information

Standard status Active
Property subtype Lots/Land

Additional Details

Highway Access Yes
Listing Agency: Legend Realty Inc
Listed By: Kathy Braly · License #EB00049461
Source: Exitrealty
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 3:43PM

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 a residential home lot within The Reserve at Cannon Hollow, a planned 21-lot community designed around custom construction and spacious settings. The neighborhood is described as featuring tree-lined streets and mountain views, with lots sized at 1 acre. Homes on the lots are to be built by the developer, with a stated minimum home size of 3,000 square feet. Buyers may select a lot and a house plan through the development process.

The property is located just off Hwy 62, providing convenient access to the surrounding area while remaining within the confines of the neighborhood plan. Public remarks note an exclusive, community-focused development layout intended to maintain consistency in architectural character and construction standards across the lots.

For prospective buyers, this lot supports a developer-built, custom-home approach with an established minimum size requirement. The combination of 1-acre lot size, planned streetscape, and mountain-view setting may appeal to those seeking additional space and a controlled development environment, while coordinating their new-home timeline through the developer’s building requirements and available house plans.

Key Highlights

  • Exclusive 21‑lot neighborhood offering custom homes on 1‑acre lots
  • Planned community with custom homes on 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
Highway 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 a custom home on a 1-acre lot within an exclusive 21-home neighborhood off Hwy 62.
Where is this residential land & home lot located?
The property is located at Lot 3 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: Exclusive 21‑lot neighborhood offering custom homes on 1‑acre lots; Planned community with custom homes on tree‑lined streets and mountain views; Developer‑built homes with a 3,000 SF minimum
More about this property
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