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LOT 12 Otter Rd, Prairie Grove, AR, 72753

3beds
3baths
3,000sqft
$825,000
$275price/sqft
$5,285/moest. monthly cost
$211,400/yrincome needed

About This Home

The Reserve at Cannon Hollow is an all-new gated development between the growing communities of Farmington and Prairie Grove. Homes are being built on large 1 acre lots with spectacular mountain views. Choose your floor plan and lot and come make yourself at home. Homes to be built by the developer (2800 SF minimum). Quick access to Hwy 62 and then just 7 miles to I-49 and all of Northwest Arkansas. Agent owned

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

5/10
8/10
Prairie Grove High SchoolGrades 9-123.0 mi

Construction

Condition

  • Property condition: To Be Built
  • New construction: Yes
  • Year built: 2027

Materials

  • Foundation: Slab
  • Roof: Architectural,Shingle
  • Construction materials: Other,See Remarks

Type & Style

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

Interior

Appliances

  • Appliances included: Other,See Remarks,Water Heater

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Pantry,Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Details

  • Parcel number: 80520330603
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Other,See Remarks
  • Exterior features: Concrete Driveway
  • Fencing: None
  • Waterfront features: None

Lot

  • Lot size: 1 Acres
  • Features: None,Subdivision
  • Lot size dimensions: 1 AC

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

  • Heat Wave
    Heat WaveVery High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

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

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 $4,171$50,052
Home Insurance $519$6,228
Property Taxes $378$4,536
Electricity $217$2,607
Total$5,285$63,420

Income You'd Need if You Spent...

35% on housing$181,200/yr
40% on housing$158,550/yr
45% on housing$140,933/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: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$275This listing

vs Other Active Listings

Avg $/sqft

ZIP 72753$200
Washington County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 72753$182
Washington County$209

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
2026-07-20Listed for sale$825,000

New Construction

AgentDaniel Sanders
BrokerageLegend Realty Inc

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