Active

$1,500,000

720 Zanzibar Rd, Little Rock, AR 72223

6beds

3,794sqft

Est.:

Single Family Residence

Built in 1989

9.5 Acres Lot

$1,488,600 Zestimate^®

$395/sqft

$-- HOA

What's special

Open space

Rare opportunity to own two separate 3-bedroom, 2-bath homes situated on approximately 9.5 acres in a highly convenient location just moments from Southwest Power Pool and Costco. Each residence offers nearly 2,000 square feet of living space, creating flexibility for multi-generational living, guest accommodations, rental income, or a private estate setting. One home is currently operated as a successful short-term rental generating over $40,000 annually, offering immediate income potential. Historical income records are available upon request. Buyers may continue short-term rentals, lease long-term, or enjoy both homes as a private retreat with room to expand. With open space, privacy, and multiple lifestyle options, this property offers a rare blend of convenience, versatility, and long-term value in a rapidly growing area.

3 days

878

10

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Rooms

Room types: Great Room

Dining room

Features: Separate Dining Room

Heating

Natural Gas

Cooling

Appliances

Included: Built-In Range, Microwave, Dishwasher, Disposal, Washer, Dryer
Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room

Features

Sheet Rock, Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, 2 Bedrooms Upper Level
Flooring: Carpet, Tile, Wood
Has fireplace: Yes
Fireplace features: Factory Built, Woodburning-Site-Built

Interior area

Total structure area: 3,794
Total interior livable area: 3,794 sqft

Property

Parking

Total spaces: 2
Parking features: Carport, Garage, Two Car
Has garage: Yes
Has carport: Yes

Features

Levels: One,Two
Patio & porch: Deck
Exterior features: Rain Gutters

Lot

Size: 9.5 Acres
Features: Sloped, Not in Subdivision, Split Possible

Details

Parcel number: 54R0014901800

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick, Frame
Foundation: Crawl Space, Slab
Roof: Composition

Condition

New construction: No
Year built: 1989

Utilities & green energy

Electric: Elec-Municipal (+Entergy)
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: IRIS

HOA

Has HOA: No

Location

Region: Little Rock

Financial & listing details

Price per square foot: $395/sqft
Tax assessed value: $478,770
Annual tax amount: $3,849
Date on market: 2/14/2026
Road surface type: Gravel

Estimated market value

$1,488,600

$1.41M - $1.56M

$1,965/mo

Price history

Date	Event	Price
2/14/2026	Listed for sale	$1,500,000-24.8%$395/sqft
Source: CARMLS #26005767 Report a problem
8/3/2023	Listing removed	$1,995,000$526/sqft
Source: CARMLS #23006174 Report a problem
4/7/2023	Price change	$1,995,000-11.3%$526/sqft
Source: CARMLS #23006174 Report a problem
3/2/2023	Listed for sale	$2,250,000$593/sqft
Source: CARMLS #23006174 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,974 +4.2%	$84,300 +6.5%
2023	$4,775 +4.4%	$79,150 +7%
2022	$4,576 +8.3%	$74,000 +7.5%
2021	$4,224 -7%	$68,850
2020	$4,544 +16.8%	$68,850
2019	$3,889 +2.6%	$68,850
2018	$3,791 +3.4%	$68,850
2017	$3,667	$68,850 +25.3%
2016	$3,667 +31.3%	$54,970
2015	$2,792 -4.1%	$54,970 -4.1%
2014	$2,911	$57,294
2013	$2,911	$57,294 -39.5%
2012	--	$94,670 +50.9%
2011	--	$62,730
2010	--	$62,730
2009	--	$62,730
2008	--	$62,730
2007	--	$62,730 -20.9%
2005	--	$79,310
2004	--	$79,310 +87.3%
2003	--	$42,340
2002	--	$42,340
2001	--	$42,340