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Legal Description:Lot3, Block4, Pembroke SD
Location:PEMBROKE LN, Bella Vista, AR 72715
Lot Size:0.27 Acres
Road Access:Paved Road
Utilities:Electricity and city water available, septic required
Additional Property Info:
Bella Vista is a beautiful place, regardless of the season, but its low cost of living, temperate weather and active outdoor recreational offerings put the village-like town at the top of the list for retirement, according to Money Magazine.
The city of of 27,600 boasts a median home price of $102,000 with 52% of the population at age 50 or older. The median monthly rental cost $895 and the cost-of-living-index was 95, according to the Money Report.
Nearly 90% of the residents are homeowners and the annual taxes average $840 per year, which makes the cost-of-living 5% below the national average. Retirees say they chose Bella Vista because their retirement dollars go further, and there are so many leisure activities to chose from at minimal costs.
The planned community was built in 1965 as a retirement village, but over the recent years more young families have moved in because of the home affordability and outdoor amenities: seven golf courses, swimming pools, seven lakes, 36,000 acres of native streams and hardwood forests and numerous trails — natural and paved for walking and biking.
The region’s growing job market is also a plus for retirees who want to find part-time employment. The local unemployment rate in September was 4.4% which is below the 5.9% national rate reported in September.
Zoning: Residential – Vacant
Roads: Paved/hard surface
Power: Electric provided by Carroll Electric
Water: Bella Vista POA provides city water
Sewer: Septic (NOTE: When Bella Vista was incorporated last year, all new home transfers were required to hook up to the City Sewer. Although this does not affect this lot, please check with the POA to see if sewer might now be available.