




406 E Academy St, Paris, AR, 72855
About This Home
(New Price Improvement on this amazing property!) In the community of Paris, Arkansas (a rising tourist destination minutes from the Lodge at Mt. Magazine), you will find this beautiful property! At approximately 9,000 square feet, this magnificent home has so much to offer. With it's stately features, grand columns, and large back patio, this place has it all! It could be your next family home, a Venue for Parties and Weddings, Bed and Breakfast, VRBO, or maybe even a Spa-Like Retreat. The property is completely fenced on 2.5 acres m/l, so there is plenty of room to work with. In the back part of the yard, there is a fruit producing pear and apple tree, large lawn and an older tennis court with a small storage building for all your equipment. The home itself has 2 master suites (One is on the main floor and one is on the 2cnd floor with a balcony!), 3 large bedrooms with bathrooms, 2 laundry areas(main floor and 2cnd floor), 2 fully operational kitchens, living room, den, library, sunroom, formal dining room, 3 car garage with attic storage, plus 1/2 bath on main floor. The basement area, which is where the 2cnd kitchen is located, has two large tiled rooms, tons of storage and a bathroom with shower. It would make a great space for house guests, the kids when they come home for the holidays, or even extended stay company. The very top floor is all open and formerly used as an office. This area would be great space for a work from home job. It is a nice quiet space and the windows provide natural light plus a birds eye view of the driveway and back yard. This home does have an elevator that goes from the basement to the top floor, (it just needs to be serviced). Home is being sold as is and will need a few repairs and updates. *Buyer must have proof of funds before viewing. *Approval for rezoning may be required, depending on use.
Getting Around
Schools
Construction
Materials
- Roof: Asphalt
- Construction materials: Masonry - Brick,Brick Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Microwave,Oven,Washer,Water Heater
Basement
- Area: 2308
Basement
- Has basement: Yes
- Basement: Full,Finished,Kitchen,Walk-Out Access,Bathrooms(1)
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood,Carpet,Tile
- Number of fireplaces: 2
- Fireplace: Yes
- Finished area above ground: 7,148
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central
Interior Area
- Total structure area: 9,456
Kitchen
- Features: Eat-in Kitchen,Tile Counters
Property
Details
- Parcel number: 000000000.0000000000.000
- Lease amount: 0
Features
- Stories: 3
- Patio & porch: Patio,Covered Porch
- Fencing: Fenced
Lot
- Lot size: 2.50 Acres
Parking
- Total spaces: 3
- Parking features: Driveway,Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: 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
- Lightning
- Heat Wave
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Hail
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,716 | $44,592 |
| Home Insurance | $721 | $8,652 |
| Property Taxes | $293 | $3,516 |
| Electricity | $517 | $6,211 |
| Total | $5,247 | $62,964 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-29 | Listed for sale | $775,000 |
| 2025-08-01 | Listing removed | $800,000 |
| 2024-09-11 | Listed for sale | $800,000 |
| 2024-07-24 | Listing removed | $800,000 |
| 2024-06-03 | Price change | $800,000 |
| 2023-08-09 | Listed for sale | $999,000 |
