Exceptional Real Estate Opportunity! Fully Renovated Dwelling with Prime Location! Step into a world of possibilities with this fully renovated property, completed in 2026, located in a highly coveted area perfect for development. This exceptional opportunity is nestled near key amenities such as established office parks, the Northwest Arkansas Children's Hospital, Arvest Ballpark, a variety of restaurants, hotels, and more. Strategically positioned for convenience, the property offers easy access to I-49 and is centrally located between Bentonville and Fayetteville, ensuring smooth commutes in both directions. The land's level terrain is fully serviced with all necessary utilities in place, enhancing its readiness for immediate projects. With zoning regulations allowing for multi-family use, the property permits up to 8 units per acre, making it an ideal investment for developers looking to capitalize on the area's growth. Two accessible driveways further enhance the property's functionality, allowing for seamless entry and exit. Don't miss this unmatched opportunity to invest in a property that combines renovation excellence with prime location benefits. Act now to secure a foothold in one of Arkansas's most thriving regions
Single-familyProperty Type
1971Year Built
10,000 sq ftLot Size
$287Price/Sq.Ft.
Listed by Khoi Nguyen• Fort Smith Real Estate Company
Peaceful Valley Estates, located between I-49 and Lake Fayetteville, is a residential and suburban Springdale neighborhood with curving cul-de-sacs and a wooded edge. The neighborhood’s character concentrates around the Don Tyson Parkway and S 48th Street corridor, where car-oriented retail pads, local eateries, and everyday services set the tempo. Housing trends toward late-20th-century ranches and newer two-story builds with broad driveways and tidy lawns. Tree lines and small drainage greenspaces shape the blocks and soften the streetscape. Commuter routes run outward while nearby trails and water views pull attention toward the lake. Evenings feel quiet, with porch lights and low traffic defining the soundscape.
Provided by Walk Score and Local Logic
Market insights
2417 S 48th St · $445,000
DAYS ON MARKET
1 days
The average home goes pending in 40 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
LIST PRICE
$445,000
Median sale price in this area is $395,702. (11% lower than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Ceiling fans
Eat-in kitchen
Walk-in closet(s)
Double pane windows
Energy Star qualified appliances
Electric water heater
Bedrooms
Total rooms: 9
Bathrooms
2 full bathrooms
Kitchen
Eat-in kitchen
Energy Star qualified appliances
Laundry & utility
No laundry room listed
Flooring
Vinyl
Heating & cooling
Central heating
Central air
Ceiling fan(s)
Exterior features
Cleared, level city lot
Lot may be split
Public maintained road
Sidewalks
Satellite dish
Home design
Single family residence
One story
House
Residential zoning
Parking
2 covered parking spaces
Concrete parking surface
Construction
Frame construction
Shingle roof
Utilities
Public water
Public sewer
Electricity available
Phone available
Other
Lot dimensions: 100 x 100
Electricity and solar
View estimated energy costs and solar savings for this home
Exceptional opportunity for development in highly desirable location. The property is ideally situated near established office parks, Northwest Arkansas Childrens Hospital, Arvest Ballpark, Restaurants & more. Convenient Access to I-49 and centrally located with ease of access to both Bentonville and Fayetteville. The land is level and fully serviced with all utilities in place. Currently zoned for multi-family use allows for up to 8 units per acre under existing zoning regulations.
NWARMLS #2
Jan 18, 2023
Price Changed
$298,500
$193/sq ft
NWARMLS #1
Jan 18, 2023
Price Changed
$298,500
$193/sq ft
Public Records
Feb 2, 1998
Sold
$129,000
$83/sq ft
Public Records
Jan 4, 1993
Sold
$57,000
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,492 (+8.5%)
$20,400 + $20,620
$41,020
2024
$1,374 (+9.1%)
$20,400 + $20,620
$41,020
2023
$1,260 (+7.9%)
$20,400 + $20,620
$41,020
2022
$1,167 (+8.3%)
$20,400 + $20,620
$41,020
2021
$1,078 (+9.1%)
$11,500 + $13,330
$24,830
2020
$988 (+10.0%)
$11,500 + $13,330
$24,830
2019
$898
$11,500 + $13,330
$24,830
2018
$898 (+1.0%)
$7,200 + $9,840
$17,040
2017
$889
$7,200 + $9,840
$17,040
2016
$889
$7,200 + $9,840
$17,040
2015
$889 (−5.5%)
$7,200 + $9,840
$17,040
2013
$941
$8,400 + $9,630
$18,030
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
—
Finished Sq. Ft.
1,550
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,550
Year built
1971
Style
Single Family Residential
County
Washington County
APN
815-29106-090
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
MF-4
Low/Medium Density Multi-Family Residential District
The MF-4 multi-family district is established to provide areas for development with a maximum of four dwelling units per residential structures. Provides more compact residential development, and promotes more efficient use of land and utilities, and the development of less expensive housing on smaller lots.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Office-Other
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Springdale, AR • 72762
Average low and high temperatures (°F)
45
25
56
33
70
46
73
54
76
58
84
69
90
73
87
69
83
62
78
54
64
43
55
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 4.9 hours in December, which is comparable to the
U.S. average for solar exposure.
9.8 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2417 S 48th St
$444,980
$20 under list price of $445K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $285K to $495K.