Luxurious Resort-Style Retreat - Stunning custom-built home combines meticulous attention to detail and energy efficiency. Nestled on 7 sprawling acres, the wrap around front porch features cypress wood and rock with a view of the beautifully manicured lawn, lush landscaping, and mature trees. Relax or entertain on the covered and uncovered patios featuring a gas fire pit and charming cook shack. You will have privacy and space for all your outdoor desires in a serene atmosphere. The geothermal unit, additional insulation, and enclosed crawl space ensure that this home is energy-efficient year-round, keeping you comfortable while reducing your environmental footprint. A gourmet kitchen with granite counter tops, and a spacious island featuring a custom cutting block, perfect for culinary enthusiasts. Open-concept living spaces with soaring ceilings, impeccable finishes, and abundant natural light. Enjoy the convenience of 2 primary bedrooms, each with its own ensuite bathroom and walk-in closet. Perfect for multi-generational living or hosting guests in style. 10'x10' closet doubles as a tornado safe room. Shop 30' x 50' and has electricity. This home is a true oasis! See remarks.
Closed
$520,000
505 Memory Ln, Cabot, AR 72023
2beds
2,342sqft
Single Family Residence
Built in 2010
5.84 Acres Lot
$509,600 Zestimate®
$222/sqft
$1,874 Estimated rent
Home value
$509,600
$464,000 - $550,000
$1,874/mo
Zestimate® history
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List your homeWhat's special
Mature treesImpeccable finishesGeothermal unitBeautifully manicured lawnLush landscapingSoaring ceilingsGranite counter tops
Zillow last checked:
Listing updated:
Listed by:
Sara Lynn 501-319-5016,
IRealty Arkansas - Sherwood
Bought with:
Jacob P Hall, AR
Michele Phillips & Co. Realtors
Source: CARMLS,MLS#: 23027749
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Formal Living Room, Great Room, Den/Family Room
Dining room
- Features: Eat-in Kitchen, Kitchen/Dining Combo, Living/Dining Combo, Breakfast Bar, Kitchen/Den
Heating
- Geothermal
Appliances
- Included: Built-In Range, Microwave, Gas Range, Dishwasher, Disposal, Ice Maker, Gas Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room
Features
- Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Granite Counters, Pantry, Sheet Rock, Vaulted Ceiling(s), Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Primary Bedroom Apart, Guest Bedroom Apart, Primary Bed. Sitting Area, 2 Bedrooms Same Level
- Flooring: Wood, Tile
- Doors: Insulated Doors
- Windows: Window Treatments, Insulated Windows, Low Emissivity Windows
- Has fireplace: Yes
Interior area
- Total structure area: 2,342
- Total interior livable area: 2,342 sqft
Property
Parking
- Total spaces: 4
- Parking features: RV Access/Parking, Carport, Parking Pad, Two Car, Four Car or More, Garage Faces Rear
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch
- Exterior features: Storage, Rain Gutters, Shop
- Has spa: Yes
- Spa features: Whirlpool/Hot Tub/Spa
Lot
- Size: 5.84 Acres
- Features: Level, Cul-De-Sac, Cleared, Extra Landscaping, Not in Subdivision, Lawn Sprinkler
Details
- Parcel number: 00112852001V
- Other equipment: Dehumidifier
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Cypress, Wood Siding, Spray Foam Insulation
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 2010
Details
- Builder name: Danny Schmidt
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Gas: Gas-Propane/Butane
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Gas-Propane/Butane
Green energy
- Energy efficient items: Doors, Insulation, Ridge Vents/Caps
Community & HOA
Community
- Features: Golf
- Security: Safe/Storm Room
- Subdivision: Metes & Bounds
HOA
- Has HOA: No
Location
- Region: Cabot
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $150
- Annual tax amount: $45
- Date on market: 9/4/2023
- Listing terms: VA Loan,FHA,Conventional,Cash,USDA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2023 | Sold | $520,000$222/sqft |
Source:  CARMLS #23027749 Report a problem | ||
| 10/4/2023 | Contingent | $520,000$222/sqft |
Source: CARMLS #23027749 Report a problem | ||
| 9/4/2023 | Listed for sale | $520,000-13.3%$222/sqft |
Source: CARMLS #23027749 Report a problem | ||
| 5/31/2022 | Listing removed | $599,999$256/sqft |
Source: CARMLS #22008577 Report a problem | ||
| 4/5/2022 | Price change | $599,999-3.2%$256/sqft |
Source: CARMLS #22008577 Report a problem | ||
| 3/30/2022 | Price change | $620,000-4.6%$265/sqft |
Source: CARMLS #22008577 Report a problem | ||
| 3/18/2022 | Listed for sale | $650,000+124.2%$278/sqft |
Source: CARMLS #22008577 Report a problem | ||
| 12/20/2017 | Listing removed | $289,900$124/sqft |
Source: Edge Realty #17034600 Report a problem | ||
| 11/21/2017 | Listed for sale | $289,900+45%$124/sqft |
Source: Edge Realty #17034600 Report a problem | ||
| 4/21/2011 | Sold | $200,000+5.3%$85/sqft |
Source: Agent Provided Report a problem | ||
| 2/12/2001 | Sold | $190,000$81/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | -- | -- |
| 2023 | -- | $30 |
| 2022 | $0 | $30 |
| 2021 | $0 | $30 -25% |
| 2020 | $2 | $40 |
| 2019 | $2 | $40 |
| 2018 | $2 | $40 |
| 2017 | $2 | $40 |
| 2016 | $2 | $40 -20% |
| 2015 | $2 | $50 -99.9% |
| 2007 | -- | $37,380 |
| 2006 | -- | $37,380 -1.6% |
| 2005 | -- | $37,970 |
| 2004 | -- | $37,970 |
| 2003 | -- | $37,970 |
| 2002 | -- | $37,970 +56% |
| 2001 | -- | $24,340 |
Find assessor info on the county website
Neighborhood: 72023
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Nearby schools
GreatSchools rating
- 7/10Magness Creek Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 8/10Cabot Junior High NorthGrades: 7-8Distance: 4.8 mi
- 8/10Cabot High SchoolGrades: 9-12Distance: 4.8 mi
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- Arkansas
- Lonoke County
- Cabot
- 72023
- 505 Memory Ln
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