This home's estimate is 40.3% higher than the average sale price ($348K) of 6 comparable homes.
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505 Memory Ln, Cabot, AR 72023
About this home
Luxurious Resort-Style Retreat - Stunning custom-built home combines meticulous attention to detail and energy efficiency. Nestled on 7 sprawling acres, the wrap around front porch features cypress wood and rock with a view of the beautifully manicured lawn, lush landscaping, and mature trees. Relax or entertain on the covered and uncovered patios featuring a gas fire pit and charming cook shack. You will have privacy and space for all your outdoor desires in a serene atmosphere. The geothermal unit, additional insulation, and enclosed crawl space ensure that this home is energy-efficient year-round, keeping you comfortable while reducing your environmental footprint. A gourmet kitchen with granite counter tops, and a spacious island featuring a custom cutting block, perfect for culinary enthusiasts. Open-concept living spaces with soaring ceilings, impeccable finishes, and abundant natural light. Enjoy the convenience of 2 primary bedrooms, each with its own ensuite bathroom and walk-in closet. Perfect for multi-generational living or hosting guests in style. 10'x10' closet doubles as a tornado safe room. Shop 30' x 50' and has electricity. This home is a true oasis! See remarks.
Type: Detached
Redfin Estimate
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Market trends in 72023, AR
Last updated September 2026
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Provided by Redfin
Sale history for 505 Memory Ln
$222/sq ft
$222/sq ft
$256/sq ft
$265/sq ft
$278/sq ft
$6/sq ft
$55/sq ft
Tax history for 505 Memory Ln
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Carport, Parking Pads, 2 Cars, 4+ Cars, Rear Entry
Interior
- Bathroom Information
- # of Baths (Full): 2
- # of Baths (1/2): 1
- Room Information
- Other Rooms: Formal Living Room, Great Room, Den/Family Room, Laundry, Safe/Storm Room
- Kitchen Equipment: Built-In Stove, Microwave, Gas Range, Dishwasher, Disposal, Pantry
- Interior Features
- Washer Connection, Dryer Connection (Electric), Water Heater (Gas), Whirlpool/Hot Tub/Spa, Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar, Kit Counter- Granite Slab
- Floors: Wood, Tile
- Fireplace: Outdoor Fireplace
- Walls/Ceilings: Sheet Rock, Vault Ceiling
- Heating & Cooling
- Dehumidifier, Geothermal
Exterior
- Building Information
- Exterior: Brick & Frame Combo, Cypress, Wood
- Foundation: Crawl Space
- Builder: Danny Schmidt
- Exterior Features
- Patio, Porch, Outside Storage Area, Guttering, Lawn Sprinkler, Shop, RV Parking, Covered Patio
- Roof: Architectural Shingle
- Road Surface: Paved
- Property Features
- Area Amenities: Golf Course
- Property Information
- Approx Sq. Ft.: 2,342
- Lot Information
- Approx Lot Size: 0
- Approx Acreage: 5.84
- Source of Acreage: Seller Disclosure
- Sq. Ft. Source: Seller Disclosure
- Lot Description: Level, Cul-de-sac, Cleared, Extra Landscaping, Not in Subdivision
- Will Subdivide: No
Financial
- Tax Information
- Annual Taxes: $45
- Source of Taxes: ArCountyData
- Tax Year: 2023
Utilities
- Green Features
- Low-E Windows, Sealed Crawl Space w/Dehumifier, Spray Foam Insulation
- Utility Information
- Utilities: Septic, Water (Public), Electric Municipal (+Entergy), Gas (Propane/Butane)
- Energy Features: Insulated Windows, Insulated Doors, Extra Insulation, Ridge Vents/Caps
Location
- Location Details
- County: Lonoke
- City: Cabot
- Subdivision: Metes & Bounds
Public facts
- Beds: —
- Baths: 2.0
- Sq. Ft.: 2,414
- Stories: 1.0
- Lot Size: 6.32 acres
- Style: Single Family Residential
- Year Built: 2010
- Year Renovated: —
- County: Lonoke County
- APN: 001-12852-000
Around this home
Schools
Public PreK-4 • Assigned • 1.3mi
Public 7-8 • Assigned • 4.7mi
Public 9-12 • Assigned • 4.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
1% chance of being in a wildfire in next 30 years
7 days above 109° expected this year, 18 days in 30 years
6% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 11.2 hours in June and 5.2 hours in December, placing it above the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 72023
Home values near 505 Memory Ln
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2872 Sq. Ft. | $633,811 |
4 Beds | 2 Baths | 1824 Sq. Ft. | $296,539 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3.5 Baths | 3050 Sq. Ft. | $591,389 |
- Beds | 2 Baths | 1898 Sq. Ft. | $251,969 |
| Address | Redfin Estimate |
|---|---|
- Beds | 2.5 Baths | 3171 Sq. Ft. | $432,215 |
4 Beds | 2.5 Baths | 2484 Sq. Ft. | $422,865 |
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