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  • $899,999

    5 Payne Ln, Greenbrier, AR 72058

    2beds
    1,323sqft
    : 
    $5,667/mo
    Get pre-qualified
    Single Family Residence
    Built in 1989
    69.96 Acres Lot
    $849,500 Zestimate®
    $680/sqft
    $-- HOA

    What's special

    Large shop buildingIn-ground poolUpdated kitchenMetal roofGrass airstripTwo hangars
    Country pilot’s dream on 69.96 acres! Recently appraised on 5/26 for $925,000, this unique property offers a rare blend of aviation, acreage, residential, and investment potential, all just 30 minutes from Greers Ferry Lake. The 1,323 sq. ft. home features a metal roof, updated kitchen, porch, patio, sunroom, and an in-ground pool, creating a comfortable place to live while enjoying the privacy and freedom of country life. The property is truly set apart by its grass airstrip, two hangars, and large shop building, offering incredible flexibility for aircraft storage, equipment, hobbies, business use, or future expansion. Whether you are a country pilot looking for private aviation access, a buyer needing serious shop and storage space, or someone searching for land with room to build, grow, and create, this property delivers opportunity in every direction. With nearly 70 acres, public water connected, and a well on site that needs a pump, this is a one-of-a-kind setup with endless possibilities.
    55 days
    211
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Luke Dorey 501-773-7971,

    LPT Realty Conway 501-291-3841,

    Matt Grissom 501-733-3138,

    LPT Realty Conway

    Source: CARMLS,MLS#: 26027981MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Office/Study, Sun Room, Bonus Room, Other (see remarks)
      Dining room
      • Features: Eat-in Kitchen, Kitchen/Dining Combo
      Heating
      • Electric, Space Heater
      Cooling
      • Electric
      Appliances
      • Included: Free-Standing Range, Surface Range, Dishwasher, Electric Water Heater
      • Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room
      Features
      • Ceiling Fan(s), Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, All Bedrooms Up
      • Flooring: Carpet, Wood, Vinyl, Tile
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,323
      • Total interior livable area: 1,323 sqft

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio, Porch
      • Exterior features: Storage, Rain Gutters, Shop
      • Has private pool: Yes
      • Pool features: In Ground
      Lot
      • Size: 69.96 Acres
      • Features: Level, Wooded, Cleared, Private Airstrip
      Details
      • Parcel number: 00106135001

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Electric: Elec-Municipal (+Entergy)
      • Gas: Gas-Propane/Butane
      • Water: Public, Well
      • Utilities for property: Gas-Propane/Butane

      Community & HOA

      Community
      • Subdivision: Not In List
      HOA
      • Has HOA: No
      Location
      • Region: Greenbrier

      Financial & listing details

      • Price per square foot: $680/sqft
      • Tax assessed value: $314,050
      • Annual tax amount: $1,727
      • Date on market: 7/10/2026
      • Listing terms: VA Loan,FHA,Conventional,Cash
      • Road surface type: Gravel

        Estimated market value

        $849,500

        $807,000 - $892,000

        $1,093/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$899,999+89.5%$680/sqft
        Source: CARMLS #26027981 Report a problem
        9/25/2009Sold$475,000$359/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$366 -18.9%$20,670
        2024$451 -14.3%$20,670
        2023$526 -8.7%$20,670
        2022$576 $20,670
        2021$576 $20,670 -38.2%
        2020$576 +9.9%$33,450
        2019$524 -4.6%$33,450
        2018$549 $33,450
        2017$549 $33,450 +61.8%
        2016$549 $20,670 -35%
        2015$549 $31,820
        2014$549 -34.3%$31,820
        2013$835 $31,820
        2012-- $31,820
        2011-- $31,820 +11.3%
        2010-- $28,580
        2009-- $28,580 +42%
        2008-- $20,120
        2007-- $20,120 -20.7%
        2006-- $25,360 +6%
        2005-- $23,920
        2004-- $23,920
        2003-- $23,920 +34.7%
        2002-- $17,760
        2001-- $17,760
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 72058

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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