5 Payne Ln, Greenbrier, AR, 72058
About This Home
Country pilot’s dream on 69.96 acres! Recently appraised on 5/26 for $925,000, this unique property offers a rare blend of aviation, acreage, residential, and investment potential, all just 30 minutes from Greers Ferry Lake. The 1,323 sq. ft. home features a metal roof, updated kitchen, porch, patio, sunroom, and an in-ground pool, creating a comfortable place to live while enjoying the privacy and freedom of country life. The property is truly set apart by its grass airstrip, two hangars, and large shop building, offering incredible flexibility for aircraft storage, equipment, hobbies, business use, or future expansion. Whether you are a country pilot looking for private aviation access, a buyer needing serious shop and storage space, or someone searching for land with room to build, grow, and create, this property delivers opportunity in every direction. With nearly 70 acres, public water connected, and a well on site that needs a pump, this is a one-of-a-kind setup with endless possibilities.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1989
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Range,Surface Range,Dishwasher,Electric Water Heater
- Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Eat-in Kitchen,Kitchen/Dining Combo
Features
- Ceiling Fan(s),Primary Bedroom/Main Lv,Guest Bedroom/Main Lv,All Bedrooms Up
- Flooring: Carpet,Wood,Vinyl,Tile
- Fireplace features: None
Heating & Cooling
- Heating features: Electric,Space Heater
- Cooling features: Electric
Interior Area
- Total structure area: 1,323
- Total interior livable area: 1,323 sqft
Property
Details
- Parcel number: 00106135001
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Patio,Porch
- Exterior features: Storage,Rain Gutters,Shop
Lot
- Lot size: 69.96 Acres
- Features: Level,Wooded,Cleared,Private Airstrip
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
- Tornado
- Heat Wave
- Ice Storm
- Lightning
- Strong Wind
- Earthquake
- Wildfire
- Winter Weather
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 | $4,550 | $54,600 |
| Home Insurance | $525 | $6,300 |
| Property Taxes | $1,283 | $15,396 |
| Electricity | $134 | $1,616 |
| Total | $6,492 | $77,904 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-10 | Listed for sale | $899,999 |
| 2009-09-25 | Sold | $475,000 |
View on Zillow