Premier Investment Opportunity: 173 acres in Monticello, Arkansas. This 173-acre property in Drew County offers an exceptional investment opportunity with 2000 feet of frontage along Highway 278, ensuring prime visibility and access. Located just 1.5 miles from the intersection of Highways 425 and 278 and a quarter mile from the new loop connecting to Drew County Regional Medical Center, this land is ideal for development as the area grows. Key Features: Prime Location: Close to major highways, essential amenities like Walmart, and just minutes from shopping, dining, and services. Highway 278 Frontage: 2000 feet of frontage enhances development potential. Pine Plantation: Thriving pine plantation provides potential income or a scenic backdrop for residential projects. Educational Hub: Near the University of Arkansas Monticello, adding value for families and professionals seeking proximity to education. This property combines growth potential, strategic location, and natural beauty, ideal for commercial or residential development, timber management, or recreational use.
Active
Price increase: $1.1M (3/11)
$1,297,500
Monticello, AR 71655
--beds
--baths
173Acres
Agriculture
Built in ----
173 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Pine plantationClose to major highways
- 566 days |
- 22 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 11:17pm
Listed by:
Mark Knight 501-231-8778,
DDK Land and Farm 501-219-8600
Source: CARMLS,MLS#: 24032560
Facts & features
Property
Lot
- Size: 173 Acres
- Features: Rural Property, Timberland, Hunting/Recreation
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: Monticello
Location
- Region: Monticello
Financial & listing details
- Annual tax amount: $297
- Date on market: 9/5/2024
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$803/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Price change | $1,297,500+710.9% |
Source: | ||
| 2/3/2026 | Price change | $160,000-87.7% |
Source: | ||
| 11/3/2025 | Price change | $1,297,500+710.9% |
Source: REALSTACK #54949 Report a problem | ||
| 8/5/2025 | Price change | $160,000-87.7% |
Source: | ||
| 9/5/2024 | Listed for sale | $1,297,500 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $176 | $3,860 |
| 2023 | $176 | $3,860 |
| 2022 | $176 | $3,860 |
| 2021 | $176 -4.9% | $3,860 -4.9% |
| 2020 | $185 | $4,060 |
| 2019 | $185 | $4,060 |
| 2018 | $185 | $4,060 |
| 2017 | $185 | $4,060 |
| 2016 | $185 | $4,060 -10% |
| 2015 | $185 -10.8% | $4,510 |
| 2014 | $207 | $4,510 |
| 2013 | $207 | $4,510 |
| 2012 | $207 | $4,510 |
| 2011 | $207 | $4,510 |
| 2010 | $207 | $4,510 |
| 2009 | $207 | $4,510 |
| 2008 | $207 | $4,510 |
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 71655
Nearby schools
GreatSchools rating
- 6/10Monticello Intermediate SchoolGrades: 3-5Distance: 2 mi
- 4/10Monticello Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10Monticello High SchoolGrades: 9-12Distance: 1.9 mi





