Rare opportunity to own 11+ acres with incredible development potential just minutes from Bentonville's city center and Walmart Home Office. This charming 2,128 sq ft farmhouse features 4 bedrooms, 3 full baths, and classic two-story living with modern conveniences including central heat and air. The home boasts eat-in kitchen, built-ins, skylight, and private in-ground pool. But the real story here is the land - the back half offers exceptional subdivision potential with cleared and wooded areas, two serene ponds teeming with wildlife, and frontage on Greenhouse Road. Whether you're looking for a peaceful country estate, investment opportunity, or future development project, this property delivers. The location can't be beat - tucked away with nature and privacy yet incredibly close to shopping, schools, parks, and Northwest Arkansas' booming business district. Additional parcels included provide even more flexibility for your vision. A once-in-a-lifetime find in one of America's fastest-growing regions.
Single-familyProperty Type
11.26 acresLot Size
$893Price/Sq.Ft.
2 spacesParking
Listed by The Limbird Team• Limbird Real Estate Group
Sale and tax history for 1621 & 1623 Greenhouse Rd
Sale History
Tax History
Date
Event
Price
NWARMLS #1334210
Apr 13, 2026
Price Changed
$1,900,000
$893/sq ft
Feb 24, 2026
Price Changed
$2,200,000
$1,034/sq ft
Jan 27, 2026
Listed
$2,400,000
$1,128/sq ft
+40
Prime 11+ acre development opportunity in Bentonville's growth corridor, minutes from city center and Walmart Home Office. This exceptional property offers incredible potential for subdivision or commercial development with multiple parcels and valuable Greenhouse Road frontage. The land features cleared and wooded areas, two scenic ponds, and abundant wildlife - perfect for a distinctive residential community or mixed-use project. Located in one of America's fastest-growing markets near shopping, schools, and Northwest Arkansas's booming business district while maintaining a peaceful setting. With over 11 acres and additional parcels providing flexibility, developers will appreciate the rare combination of size, location, and accessibility. The proximity to major employers and amenities, coupled with Bentonville's explosive growth, makes this a standout investment opportunity. Don't miss this chance to capitalize on Northwest Arkansas's continued expansion.
NWARMLS #1333030
Apr 13, 2026
Price Changed
$1,900,000
$893/sq ft
Feb 20, 2026
Price Changed
$2,200,000
$1,034/sq ft
Jan 16, 2026
Listed
$2,400,000
$1,128/sq ft
Public Records
Jan 6, 1994
Sold
$52,000
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,850 (−4.2%)
$15,113 + $61,266
$76,379
2024
$1,931 (−6.8%)
$15,113 + $61,266
$76,379
2023
$2,072 (−2.5%)
$15,113 + $61,266
$76,379
2022
$2,126 (−5.2%)
$9,510 + $43,630
$53,140
2021
$2,242 (+4.7%)
$9,510 + $43,630
$53,140
2020
$2,141
$9,510 + $43,630
$53,140
2019
$2,141 (−1.2%)
$5,700 + $33,800
$39,500
2018
$2,166 (+3.3%)
$5,700 + $33,800
$39,500
2017
$2,097 (+9.6%)
$5,700 + $33,800
$39,500
2016
$1,913 (+6.1%)
$5,700 + $33,800
$39,500
2015
$1,803 (+14.1%)
$5,700 + $33,800
$39,500
2013
$1,580
$9,550 + $21,790
$31,340
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3.98 Acres
Year renovated
—
Finished Sq. Ft.
2,128
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,128
Year built
1993
Style
Single Family Residential
County
Benton County
APN
01-16131-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 23, 2026.
A-1
ZONE 4
ZONE 3
Agricultural District
The regulations for the A-1 Agricultural District are designed to preserve and protect prime agricultural lands and to protect undeveloped areas from intensive uses until a use pattern is approved.
Zone overlays
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Livestock production
Day care facility
Housing-Single unit
Public service
Golf related
Veterinary clinic
Park & open space
Climate risks
4/10 Flood Factor
Estimated 18-28% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
5/10 Heat Factor
6 days above 105° expected this year, 18 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Bentonville, AR • 72713
Average low and high temperatures (°F)
45
25
57
33
70
45
73
53
77
57
86
69
92
73
89
69
83
62
78
54
64
43
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1621 & 1623 Greenhouse Rd
$1,566,773
$333K under list price of $1.90M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $335K to $485K.