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28527 S 44th Hwy, Elaine, AR, 72333

6beds
7baths
13,235sqft
$3,000,000
$227price/sqft
$78,458/moest. monthly cost
$3,138,320/yrincome needed

About This Home

Welcome to one of the most impressive rural estates in Eastern Arkansas. Located on 50± acres in Phillips County near Elaine, this exceptional property offers luxury living, privacy, and versatility. The 13,235 sq ft custom main home features 6 bedrooms, 6 bathrooms, three stories, high-end finishes, grand staircases, a theatre room, and a 3-car garage. A 3,944 sq ft guest house with 4 bedrooms and 3 bathrooms provides ideal space for family or guests. The property includes a 40’ x 50’ horse stable, 11± acre fenced pasture, 50’ x 60’ shop, and approximately one mile of white picket fencing, creating a true estate setting. With 4± acres in row crop and room for recreation or hunting, the land is both functional and attractive. Conveniently located within driving distance of Memphis and Little Rock, this property is well suited for a primary residence, corporate retreat, or lodge. A rare opportunity to own a one-of-a-kind estate in the Arkansas Delta.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
Marvell Primary SchoolGrades PK-620.8 mi
2/10
Marvell High SchoolGrades 7-1220.8 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Slab/Crawl Combination
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 4
  • 1/2 bathrooms: 3

Dining Room

  • Features: Separate Dining Room,Eat-in Kitchen,Kitchen/Dining Combo

Features

  • Wet Bar,Dry Bar,Walk-In Closet(s),Ceiling Fan(s),Walk-in Shower,Kit Counter-Quartz,Sheet Rock,Primary Bedroom/Main Lv,Guest Bedroom/Main Lv,2 Bedrooms Same Level,4 Bedrooms Same Level,4 Bedrooms Upper Level
  • Flooring: Wood,Tile
  • Number of fireplaces: 2
  • Fireplace features: Two
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 13,235
  • Total interior livable area: 13,235 sqft

Property

Details

  • Other equipment: Home Theater

Features

  • Levels: Multi/Split
  • Fencing: Cross Fenced
  • Horses can be raised: Yes

Lot

  • Lot size: 50 Acres
  • Features: Level,Rural Property,Wooded,Not in Subdivision

Parking

  • Total spaces: 3
  • Parking features: Garage,Three Car,Golf Cart Garage,Garage Faces Side
  • 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

  • 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 $958$11,501
Total$78,458$941,496

Income You'd Need if You Spent...

35% on housing$2,689,988/yr
40% on housing$2,353,740/yr
45% on housing$2,092,213/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

$227This listing

vs Other Active Listings

Avg $/sqft

ZIP 72333$225
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 Hunting Properties & Real Estate

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