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28667 Highway 44, Elaine, AR, 72333

6beds
6baths
13,325sqft
$3,000,000
$225price/sqft
$78,464/moest. monthly cost
$3,138,560/yrincome needed

About This Home

Welcome to one of the most impressive rural estates in Eastern Arkansas. Situated on 50A± acres just outside of Elaine in Phillips County, this exceptional property offers a rare combination of luxury living, privacy, and versatility. From the moment you arrive, it's clear you are somewhere special! A gated entrance, winding drive, and approximately one mile of white picket fencing set the stage for a true estate feel. The manicured grounds and layout create privacy and presence, making this property ideal as a primary residence, corporate retreat, hunting lodge, or long-term investment. At the heart of the place sits a stunning 13,235A± square foot custom-built main home that is truly in a class of its own. Step inside, where you will be welcomed by soaring ceilings, grand staircases, detailed woodwork, and elegant finishes throughout. Crystal chandeliers, oversized windows, and custom millwork create a warm yet refined atmosphere that carries through every room. Designed for both entertaining and everyday living, the home features multiple spacious living areas, formal dining spaces, and a large, well-appointed kitchen built to handle gatherings of any size. A third-floor theater room, private office spaces, and a built-in safe further highlight the level of detail and thought put into the home's design. With six bedrooms and six bathrooms, the main residence provides ample space for family and guests while maintaining comfort and privacy. Complementing the main home is a 3,944A± square foot guest house offering four bedrooms and three bathrooms. This additional residence is perfect for hosting guests, extended family, or even accommodating corporate or lodge-style use. The improvements continue outside with a functional and visually impressive setup. The property includes a 40' x 50' horse stable, an 11A± acre fenced pasture, and a 50' x 60' enclosed shop, providing ample space for equipment, storage, or hobbies. The land offers a balanced mix of open ground and usability, including approximately four acres currently in row crop production. The surrounding Delta landscape also provides opportunities for hunting and outdoor recreation, making for a well-rounded property. Conveniently located just 29 miles from Helena, 95 miles from Memphis, and within easy driving distance of Little Rock and Pine Bluff, this property offers privacy and accessibility. Properties of this size, quality, and versatility rarely come available in this area. From the scale of the improvements to the overall setting, the Phillips County estate is truly one of a kind! Contact today to schedule a private showing and experience #TheSmallTownWay! Location: 28527 & 28667 Highway 44 Elaine, AR 72333 Phillips County 29A± Miles SW of Helena 95A± Miles SE of Memphis, TN 100A± Miles E of Pine Bluff 115A± Miles SE of Little Rock Property Use: Residential Event/Entertainment Venue Hunting Lodge Corporate Retreat Tax Information: 2025: TBD Parcel #: 001-03824-001 Parcel #: 001-03824-002 Coordinates: 34.2621, -90.9222 Property Information: 50A± Total Acres 11A± Acre Horse Pasture 4A± Acres in Row Crop 1A± Mile of White Picket Fencing 13,235A± SqFt Custom-Built Home 3 Stories 6 Bedrooms/6 Bathrooms Theatre Room 3 Car Garage 2 Fireplaces Built-in Safe 3,944A± SqFt Guest House 4 Bedrooms/3 Bathrooms 50'x60' Enclosed Shop 40'x50' Horse Stable

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
Marvell Primary SchoolGrades PK-620.7 mi
2/10
Marvell High SchoolGrades 7-1220.7 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 6

Interior Area

  • Total structure area: 13,325
  • Total interior livable area: 13,325 sqft

Property

Details

  • Parcel number: 00103824001

Lot

  • Lot size: 50 Acres

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

  • Drought
    DroughtRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Drought
Earthquake
Hail
Strong Wind
Tornado
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Lightning

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 $15,169$182,028
Home Insurance $60,431$725,172
Property Taxes $1,900$22,800
Electricity $964$11,579
Total$78,464$941,568

Income You'd Need if You Spent...

35% on housing$2,690,194/yr
40% on housing$2,353,920/yr
45% on housing$2,092,373/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: 10.9%
10.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 23.4%
23.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$225This listing

vs Other Active Listings

Avg $/sqft

ZIP 72333$227
Phillips County$65

vs Homes Sold Last Month

Median $/sqft

ZIP 72333$9
Phillips County$8

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
2026-04-29Listed for sale$3,000,000

For Sale by Agent

AgentBilly Carpenter
BrokerageSmallTown Properties

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