Residential Land for Sale in Bentonville, Arkansas
405 NW 5th St, Bentonville, AR 72712
Rare .59-acre redevelopment opportunity in the heart of downtown Bentonville, now offered at $1,495,000. This flat, highly usable 113' x 229' property offers exceptional flexibility with dual access from NW 5th Street and the rear alley - ideal for a custom luxury estate, multiple structures, investment redevelopment, or a phased build strategy. Located just moments from the Bentonville Square, Crystal Bridges, the Razorback Greenway, schools, and world-class bike trails, the property combines prime location with outstanding future potential. The existing 1BR/1BA Craftsman-style cottage may serve as an ADU, guest house, office, or income-producing rental during future development. Additional improvements include a detached garage, oversized carport/pavilion, hot tub, and fully fenced yard. Also listed as RESIDENTIAL - MLS 1323906.
Location
- Street address
- 405 NW 5th St, Lot 21
- County
- Benton County
- Community
- Demings Add Bentonville
- School district
- Bentonville
- Elevation
- 1,288 feet
Directions
From Walton Blvd in Bentonville, proceed EAST on Central Avenue. Turn LEFT onto NW D Street and proceed 4 blocks to NW 5th St. Turn RIGHT and the home is on the RIGHT behind the brown picket fence. For off-street parking, proceed to NW C Street and turn RIGHT. Turn RIGHT into the alley between 405 and 407 NW C Street. Parking for 405 NW 5th is in the SECOND DRIVEWAY on the RIGHT.
Property details
- Lot size
- 0.59 acres25,700 sq ft
- Zoning
- Residential
- MLS #
- ARMLS 1335046
- Posted
Property taxes
- Recent
- $2,030
Parcels
- 01-02131-000
Legal description
PLAT 2009-374 & REPLAT 7/29/09 2009-374
Details and features
Listing
- Type
- Land
- Franchise
- Better Homes and Gardens Real Estate
Lot
- Features
- Central Business District, Cleared, Interior Lot, Landscaped, Level, Neighborhood
Exterior
- Fencing
- Fenced, Privacy
Structure
- Water
- Public
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 18, 2026 | Price drop | $1,495,000 | $200,000 -11.8% | ARMLS |
| Feb 5, 2026 | New listing | $1,695,000 | — | ARMLS |