College Place is a residential subdivision very conveniently located 3 miles East of Downtown Bentonville Arkansas, .7 miles East of I-540, and 3.7 miles from the Wal-Mart Home Office. All the conveniences of town are within a few miles. There is a Sam’s Club, a Wal-Mart, Sam’s Club and the Northwest Arkansas Community College are all within one mile.
College Place is located along Water Tower Road and Central Avenues. Water Tower Road terminates at HWY 102 (aka 14th Street/Hudson Road) to the South and Central Avenue to the North. College Place is a convenient location for the person that wants their kids in Bentonville Schools, but works in Rogers. It’s proximity to Interstate 540 makes it perfect for the person that works anywhere along I-540.
College Place has 215 single family homes. The lots are mostly .2 acres. There are multiple phases in the development which were completed ranging from 1995 to 2004. There is one home in the last phases of construction now. In the last 12 months homes have sold from a low of $157,500 for a 3 bedroom 2 bath to as high as $385,000 for a 5 bedroom 3 bath. The homes are mostly custom homes, but some Builder’s built some homes as investments called spec homes or speculative investment homes. I would estimate that about 50% were custom homes and 50% were Builder spec homes.
The terrain is mostly flat lots with concrete slab foundations. The streets are laid out on a grid pattern for the most part with standard city blocks. The homes are well cared for and nicely landscaped. This is a great place for any family.