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157 N Spring St, Melbourne, AR, 72556

6beds
8baths
7,100sqft
$535,000
$75price/sqft
$4,028/moest. monthly cost
$161,120/yrincome needed

About This Home

This remarkable home offers the perfect blend of historic charm and modern luxury! This one-of-a-kind home offers 6 bedrooms, 6 full bathrooms, and 2 half baths, designed with spacious living and elegant details throughout. The living room features a beautiful fireplace with vaulted ceilings! The kitchen features custom cabinetry, walk-in pantry, breakfast bar, granite countertops, high-end appliances, completed with an attached dining area. The master suite offers an oversize bedroom with a sitting area, attached full bathroom with a walk in tile shower, jetted jub, & large walk in closet. Upstairs, the bedrooms feature private suites complete with a living room area and wet bar for added comfort and convenience. Additional Features include a sunroom, exercise room, laundry room, formal dining area, library, office, safe room, security system, covered back porch, open patio area, well manicured yard, extra landscaping, a two-car garage plus plenty of bonus features to fit your lifestyle! This home truly has it all! Recent upgrades include a NEW ROOF, walk in tile showers, & more!

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

7/10
7/10
Melbourne High SchoolGrades 7-123.8 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction materials: Metal/Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Range,Double Oven,Electric Range,Dishwasher,Refrigerator,Bar Fridge,Oven
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2

Dining Room

  • Features: Separate Dining Room,Kitchen/Dining Combo,Breakfast Bar

Features

  • Walk-In Closet(s),Built-in Features,Ceiling Fan(s),Walk-in Shower,Breakfast Bar,Granite Counters,Pantry,Sheet Rock,Vaulted Ceiling(s),Primary Bedroom/Main Lv,Guest Bedroom Apart,Primary Bed. Sitting Area
  • Door features: Insulated Doors
  • Window features: Insulated Windows
  • Flooring: Carpet,Wood,Tile
  • Fireplace features: Gas Logs Present
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 7,100
  • Total interior livable area: 7,100 sqft

Property

Details

  • Other equipment: Intercom

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Porch
  • Exterior features: Rain Gutters
  • Has spa: Yes
  • Spa features: Whirlpool/Hot Tub/Spa

Lot

  • Lot size: 1 Acres
  • Features: Level,Cleared,Extra Landscaping

Parking

  • Total spaces: 2
  • Parking features: Parking Pad,Two Car,Garage Door Opener

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
  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

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

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 $2,705$32,460
Home Insurance $582$6,984
Property Taxes $227$2,724
Electricity $514$6,170
Total$4,028$48,336

Income You'd Need if You Spent...

35% on housing$138,102/yr
40% on housing$120,840/yr
45% on housing$107,413/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

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 72556$110
Izard County$112

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
2026-03-30Listed for sale$539,900
2026-03-24Listing removed$559,000
2026-03-04Price change$559,000
2026-01-10Price change$579,000
2025-12-10Price change$595,000
2025-10-21Price change$599,900
2025-09-23Listed for sale$615,000
2023-09-01Listing removed$599,000
2023-06-15Price change$599,000
2023-05-05Price change$539,000
2023-02-25Listed for sale$545,000

For Sale by Agent

AgentBrandy N Corter
BrokerageRe/Max Edge Realty Melbourne

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