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Property view
Listing view 2

797 Cherry Lane, 
Fayetteville, AR 72701

$675,000

—

Bed

—

Bath

-

Sq Ft

1.02

Acres (Lot)

Land

Active

Listed by

Milton Lamar

, 

Stacie Bonomo-Lamar

Infinity Real Estate Group

479-935-2093

Last updated:

January 6, 2026, 03:22 PM

MLS#

1331152

Source:

AR NWAR

About This Land

797 Cherry Lane

Zoned RI-U with no density restrictions, it allows zero-lot-line construction and flexible design. The site is cleared and prepped with a construction entrance, erosion controls, and tree-preservation barriers. City approval is secured for a 20-unit townhouse project, and engineering plans can transfer to the buyer or be customized. Located just ten minutes from the University of Arkansas and downtown Fayetteville, the property is positioned to capture strong rental demand from students and professionals. With low vacancy rates, steady rent growth, and utilities already on site—water, sewer, and electricity—this shovel-ready site reduces development costs and accelerates timelines. Overall, it represents a rare opportunity to deliver strong ROI, long-term appreciation, and multiple exit strategies in a high-growth market.

Land Facts

Description/Design:

Land

Lot Size (Acres)

1.02

MLS #:

1331152

Last Updated:

January 6, 2026, 03:22 PM

Added:

a month ago

Finances & Disclosures

Finances

Price:

$675,000

Source:AR NWAR
The information being provided by Northwest Arkansas Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Northwest Arkansas Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.