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81 State Highway 58 Spur Hwy, Melbourne, AR, 72556

5beds
4baths
2,627sqft
$325,000
$124price/sqft
$2,324/moest. monthly cost
$92,960/yrincome needed

About This Home

Discover this beautifully renovated 5-bedroom, 4-bathroom brick home on 5 acres in the heart of North Central Arkansas, ideally located between Melbourne and Batesville. Situated on a scenic hilltop, this property offers breathtaking Ozark Mountain views, rural country living, and convenient access to town. This spacious home features 2,161 sq ft on the main level plus a 1,939 sq ft basement, providing ample living space. The main level includes 3 bedrooms, 3 full bathrooms, a large living area, and an open-concept kitchen perfect for entertaining. The partially finished basement adds 2 additional bedrooms, 1 bathroom, and plenty of unfinished space for storage, a workshop, or future expansion. Recent upgrades include a new roof, new HVAC system, and a brand-new back deck—ideal for enjoying the panoramic views and outdoor living. The 5-acre tract offers privacy, room for outdoor activities, and space for gardening, animals, or additional improvements. Additional acreage is available for buyers seeking even more land. This move-in-ready home combines modern updates, acreage, and stunning Ozark scenery for only $349,500.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

7/10
7/10
Melbourne High SchoolGrades 7-125.0 mi

Construction

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Gas Range,Refrigerator
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Features: Eat-in Kitchen

Features

  • Built-in Features,3 Bedrooms Upper Level,2 Bedrooms Lower Level
  • Flooring: Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Gas

Interior Area

  • Total structure area: 2,627
  • Total interior livable area: 2,627 sqft

Property

Details

  • Parcel number: 00102943001

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck

Lot

  • Lot size: 5 Acres
  • Features: Sloped

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind
Cold Wave
Inland Flooding
Lightning
Tornado
Winter Weather
Earthquake
Heat Wave
Landslide

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance $353$4,236
Property Taxes $138$1,656
Electricity $190$2,282
Total$2,324$27,888

Income You'd Need if You Spent...

35% on housing$79,680/yr
40% on housing$69,720/yr
45% on housing$61,973/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$124This listing

vs Other Active Listings

Avg $/sqft

ZIP 72556$102
Izard County$110

vs Homes Sold Last Month

Median $/sqft

ZIP 72556
Izard County$127

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-15Price change$349,500
2026-03-20Listed for sale$375,000

For Sale by Agent

AgentCody W Cooper
BrokerageUnited Country Ozark Realty

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