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Unlocking Value: An In-Depth Analysis of 331 Deer Ridge Ln, Dover, AR 72837

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Spacious Dover Estate with Extensive Land and Outbuildings Hits the Market

Dover, DE – A sprawling 46-acre estate located at 331 Deer Ridge Lane has just been listed for sale, offering a rare combination of residential comfort, agricultural utility, and scenic beauty.The property presents an exceptional possibility for those seeking a rural lifestyle with ample space for both living and working.

Property Overview

The centerpiece of this offering is a generously sized 2,830 square foot residence featuring four bedrooms and two full bathrooms.Inside, residents will find a large kitchen, two separate living areas, and a convenient pantry. The interior boasts a mix of flooring types, including carpet, ceramic tile, and hardwood. A wood-burning fireplace adds warmth and charm to the living room.

Outbuildings and Land

beyond the main residence, the property includes a substantial 40×50 barn and a 30×80 shop, both equipped with electrical power. These outbuildings provide versatile space for storage, workshops, or agricultural pursuits. The 46 acres are fully fenced and cross-fenced, making it ideal for livestock. A serene pond adds to the landscape’s appeal, and the presence of deer indicates abundant wildlife.

Scenic Views and Features

Residents will enjoy picturesque views of the surrounding river valley and Mount Nebo,particularly from the covered front porch. The property is situated outside city limits, offering a secluded and peaceful setting. Additional features include a storm shelter, smoke detectors, and double-pane vinyl windows with blinds.

Did You Know? According to the National Association of REALTORS®, properties with larger acreage, like this Dover estate, have seen a 15% increase in demand over the last year as more people seek space and privacy.

Key Property Details

Feature Details
Property Type Single Family Residence
lot Size 46 Acres (2,003,760 sq ft)
Residence Size 2,830 sq ft
Bedrooms 4
Bathrooms 2
Outbuildings 40×50 Barn, 30×80 Shop

Modern Conveniences

The home is equipped with a range of modern appliances, including a dryer, dishwasher, and electric water heater. It is also plumbed for an ice maker. Laundry hookups are available for both washer and dryer.The home benefits from central electric air conditioning and electric heat pump heating.

Pro Tip: When considering rural properties, always investigate local zoning regulations and potential restrictions on land use, especially if you plan to keep livestock or operate a business.

The Growing Appeal of Rural Living

The demand for rural properties has been steadily increasing in recent years, driven by factors such as the desire for more space, privacy, and a closer connection to nature. The COVID-19 pandemic accelerated this trend as remote work became more prevalent, allowing more people to live further from urban centers.experts predict this demand will continue as individuals prioritize lifestyle choices and seek refuge from the hustle and bustle of city life.

Frequently Asked Questions about the Property

Have questions about this remarkable Dover estate? Here are some answers to common inquiries:

  • What are the primary features of this Dover property? This 46-acre property features a 2,830 sq ft home with 4 bedrooms, 2 bathrooms, a large kitchen, and two living areas, along with a 40×50 barn, a 30×80 shop, and a scenic view.
  • Is the property suitable for raising livestock? Yes, the 46 acres are fully fenced and cross-fenced, making it well-suited for livestock. The presence of a pond also provides a water source.
  • What type of heating and cooling systems are installed? The property features central electric air conditioning for cooling and an electric heat pump for heating.
  • What kind of flooring is in the house? The house features a mix of flooring types, including carpet, ceramic tile, and wood.
  • Are there any security features on the property? The property is equipped with a storm shelter and smoke detectors for enhanced safety.

Does this idyllic estate sound like your dream home? What features appeal to you the moast? Share your thoughts in the comments below!

What specific zoning regulations apply to 331 Deer ridge Ln, and how might they impact potential development options?

Unlocking Value: An In-Depth Analysis of 331 Deer ridge Ln, Dover, AR 72837

Property Overview & Location analysis

331 Deer Ridge Ln, Dover, AR 72837, presents a unique opportunity within the Pope County real estate market. Situated in a predominantly rural area, this property benefits from a peaceful setting while maintaining reasonable access to essential amenities. Dover, Arkansas, is known for its proximity to the Arkansas River and the Ozark National Forest, making it attractive to those seeking outdoor recreation – fishing, hunting, and hiking are popular activities. The property’s location on Deer Ridge Lane suggests a perhaps desirable, quiet neighborhood.Understanding the local demographics – population density, average income, and age distribution – is crucial for assessing long-term investment potential. Pope County property values have seen moderate growth in recent years, driven by increased interest in rural living and recreational properties.

Property Details & Features (Based on Available Data)

While a thorough assessment requires a detailed property inspection and title search, we can outline potential value drivers based on typical features for properties in this area.

* Land Size: Determining the acreage is paramount. Larger parcels frequently enough command a premium, especially if they offer development potential or privacy.

* Dwelling Type: Is it a single-family home, manufactured home, or vacant land? The type of dwelling significantly impacts valuation.

* Square Footage: For existing structures, square footage is a key metric.

* Condition: The property’s condition – ranging from move-in ready to needing important repairs – directly influences its market value. A property requiring substantial renovation will likely be priced lower.

* Outbuildings: the presence of barns, sheds, or garages can add value, particularly for those interested in hobbies, livestock, or storage.

* Utilities: Access to essential utilities – water, sewer, electricity, and internet – is critical. Well and septic systems are common in rural areas, requiring periodic maintenance.

* Road Access: Paved versus gravel road access impacts convenience and potentially property value.

Market Comps & Recent Sales Data

Analyzing comparable sales (comps) is essential for determining a fair market value. Recent sales of similar properties in dover and surrounding areas (Atkins, russellville) provide valuable benchmarks. Key factors to consider when selecting comps include:

  1. Proximity: Comps should be located within a reasonable radius (ideally less than a mile).
  2. Property Type: Compare similar dwelling types (e.g., single-family to single-family).
  3. Size & Features: Adjust for differences in square footage, acreage, and features (e.g., number of bedrooms/bathrooms, presence of a garage).
  4. sale Date: Recent sales (within the last 6-12 months) are most relevant.

A review of Pope County assessor records and local MLS data will reveal recent sales prices per square foot and per acre, providing a baseline for valuation. Currently, the median home price in Pope County is around $225,000, but this varies significantly based on location and property characteristics.

Investment Potential & Value-Add Opportunities

331 Deer Ridge Ln presents several potential investment strategies:

* Fix and Flip: If the property is undervalued due to its condition, a renovation project could yield a substantial profit. This requires careful budgeting and project management.

* Rental Property: Dover’s limited rental inventory could make this property attractive to tenants, generating passive income. Rental rates in the area typically range from $800 – $1200 per month, depending on size and amenities.

* Land Development: Depending on zoning regulations and acreage, the property might potentially be suitable for subdivision or development of additional dwellings.

* Recreational Property: Leveraging the proximity to the Arkansas River and Ozark National Forest, the property could be marketed to outdoor enthusiasts.

* Long-Term Gratitude: Pope County is experiencing steady growth, suggesting potential for long-term appreciation in property values.

Zoning & Legal Considerations

Before making any investment decisions, it’s crucial to verify the property’s zoning designation with the Pope County Planning Department. zoning regulations dictate permissible land uses and building restrictions. A title search is also essential to identify any easements, liens, or other encumbrances that could affect ownership or development rights. Understanding property taxes and potential assessments is also vital for accurate financial projections. Local ordinances regarding building permits and environmental regulations should also be investigated.

Environmental Factors & Due Diligence

Given the rural location, environmental due diligence is recommended. This includes:

* Flood Zone Mapping: Determine if the property is

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