Premier Investment Opportunity: 173 acres in Monticello, Arkansas. This 173-acre property in Drew County offers an exceptional investment opportunity with 2000 feet of frontage along Highway 278, ensuring prime visibility and access. Located just 1.5 miles from the intersection of Highways 425 and 278 and a quarter mile from the new loop connecting to Drew County Regional Medical Center, this land is ideal for development as the area grows. Key Features: Prime Location: Close to major highways, essential amenities like Walmart, and just minutes from shopping, dining, and services. Highway 278 Frontage: 2000 feet of frontage enhances development potential. Pine Plantation: Thriving pine plantation provides potential income or a scenic backdrop for residential projects. Educational Hub: Near the University of Arkansas Monticello, adding value for families and professionals seeking proximity to education. This property combines growth potential, strategic location, and natural beauty, ideal for commercial or residential development, timber management, or recreational use.
Active
Price cut: $1.1M (8/11)
$1,297,500
Monticello, AR 71655
--beds
--baths
173Acres
Agriculture
Built in ----
173 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Pine plantationClose to major highways
- 737 days
- 4
- 0
Zillow last checked:
Listing updated:
Listed by:
Mark Knight 501-231-8778,
DDK Land and Farm 501-219-8600
Source: CARMLS,MLS#: 24032560
Facts & features
Property
Lot
- Size: 173 Acres
- Features: Rural Property, Timberland, Hunting/Recreation
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: Monticello
Location
- Region: Monticello
Financial & listing details
- Annual tax amount: $297
- Date on market: 9/5/2024
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $150,800-88.4% |
Source: | ||
| 3/11/2026 | Price change | $1,297,500+710.9% |
Source: | ||
| 2/3/2026 | Price change | $160,000-87.7% |
Source: | ||
| 11/3/2025 | Price change | $1,297,500+710.9% |
Source: REALSTACK #54949 Report a problem | ||
| 8/5/2025 | Price change | $160,000-87.7% |
Source: | ||
| 9/5/2024 | Listed for sale | $1,297,500 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $176 | $3,860 |
| 2024 | $176 | $3,860 |
| 2023 | $176 | $3,860 |
| 2022 | $176 | $3,860 |
| 2021 | $176 -4.9% | $3,860 -4.9% |
| 2020 | $185 | $4,060 |
| 2019 | $185 | $4,060 |
| 2018 | $185 | $4,060 |
| 2017 | $185 | $4,060 |
| 2016 | $185 | $4,060 -10% |
| 2015 | $185 -10.8% | $4,510 |
| 2014 | $207 | $4,510 |
| 2013 | $207 | $4,510 |
| 2012 | $207 | $4,510 |
| 2011 | $207 | $4,510 |
| 2010 | $207 | $4,510 |
| 2009 | $207 | $4,510 |
| 2008 | $207 | $4,510 |





