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1503 Lookout Ln, Cave Springs, AR, 72718

4beds
3baths
2,677sqft
$642,480
$240price/sqft
$4,040/moest. monthly cost
$161,600/yrincome needed

About This Home

Discover the Palm plan in Hillcrest—an impressive 2-story home and a roomy 3-car garage. Features a seamless living, dining, and kitchen flow anchored by soaring 13’ ceilings in the living room. The kitchen shines with stainless steel appliances, a composite granite sink, and plenty of workspace for cooking and entertaining. A downstairs bedroom and full bath offer flexible space. Upstairs, you’ll find two additional bedrooms, a full bath, and a spacious bonus room. The primary suite is a true retreat with a large walk-in closet and spa-like bath, plus convenient access to the utility room. Come see why Hillcrest is one of Northwest Arkansas’ most sought-after communities—open houses every Sunday from 1–4 PM. For a limited time, Builder Incentives: $20,000 Builder Bucks to use towards select upgrades, appliances, or buy down your rate – you choose! Plus up to 5K from select lenders. For a total of up to 25K with lender incentives! Fence, blinds, and gutters are all included.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

9/10
8/10
Elmwood Middle SchoolGrades 6-85.7 mi
6/10
Rogers High SchoolGrades 9-124.4 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Architectural,Shingle
  • Construction materials: Brick,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Counter Top,Dishwasher,Electric Oven,Gas Cooktop,Disposal,Gas Water Heater,Microwave,Plumbed For Ice Maker
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Attic,Ceiling Fan(s),Pantry,Programmable Thermostat,Storage,Walk-In Closet(s),Window Treatments
  • Window features: Double Pane Windows,Blinds
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,677
  • Total interior livable area: 2,677 sqft

Property

Details

  • Parcel number: 0512629000
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Exterior features: Concrete Driveway
  • Fencing: Back Yard
  • Waterfront features: None

Lot

  • Lot size: 8,712 sqft
  • Features: Subdivision

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Covered spaces: 3

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
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Straight Line Winds
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 $3,248$38,976
Home Insurance $294$3,528
Property Taxes $305$3,660
Electricity $193$2,326
Total$4,040$48,480

Income You'd Need if You Spent...

35% on housing$138,514/yr
40% on housing$121,200/yr
45% on housing$107,733/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: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 72718$320
Benton County$250

vs Homes Sold Last Month

Median $/sqft

ZIP 72718$238
Benton County$211

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
2026-03-10Price change$642,480
2025-11-26Listed for sale$655,865

New Construction

AgentMisty McMullen
BrokerageMcMullen Realty Group

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