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1518 Lookout Ln, Cave Springs, AR, 72718

4beds
3baths
2,590sqft
$647,500
$250price/sqft
$4,064/moest. monthly cost
$162,560/yrincome needed

About This Home

Discover the perfect balance of space, style, and location in this beautifully crafted 4-bedroom, 3.5-bath home in Cave Springs. Designed with both functionality and comfort in mind, the layout offers an inviting main living area ideal for gathering, along with thoughtfully positioned bedrooms for privacy and ease. A standout feature is the versatile bonus room — perfect for a media space, playroom, home office, or guest retreat. Whether you need a second living area or a quiet place to work from home, this flexible space adapts to your lifestyle. Designer finishes and quality craftsmanship shine throughout, creating a polished yet welcoming feel from the moment you walk in. Every detail has been carefully considered to deliver both style and everyday livability. Located just minutes from local schools and Mt. Hebron Park, you’ll enjoy quick access to trails, sports fields, playgrounds, and all the conveniences of Northwest Arkansas while still being tucked into the charm of Cave Springs.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

9/10
8/10
Elmwood Middle SchoolGrades 6-85.7 mi
7/10
Rogers High SchoolGrades 9-124.4 mi

Construction

Condition

  • Property condition: To Be Built
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Architectural,Shingle
  • Construction materials: Brick,Concrete

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range,Gas Water Heater,Microwave,ENERGY STAR Qualified Appliances,Plumbed For Ice Maker
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Eat-in Kitchen,Pantry,Quartz Counters,Split Bedrooms,Walk-In Closet(s)
  • Flooring: Carpet,Luxury Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 2,590
  • Total interior livable area: 2,590 sqft

Property

Details

  • Parcel number: 0512616000

Features

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

Lot

  • Lot size: 7,840 sqft
  • Features: City Lot,Landscaped,Level,Near Park,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 $3,274$39,288
Home Insurance $296$3,552
Property Taxes $307$3,684
Electricity $187$2,250
Total$4,064$48,768

Income You'd Need if You Spent...

35% on housing$139,337/yr
40% on housing$121,920/yr
45% on housing$108,373/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: 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

$250This listing

vs Other Active Listings

Avg $/sqft

ZIP 72718$318
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
2026-07-03Listed for sale$647,500
2026-06-03Listing removed$578,850
2026-03-04Listed for sale$578,850

New Construction

AgentElizabeth McIntire
BrokerageSudar Group

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