College Place is a residential subdivision with 215 single family homes. There are 9 phases in the development, most of which were completed between 1995 and 2004. In the last 24 months, homes have sold from a low of $149,900 to a high of $479,800. The homes are mostly custom homes, but some builders have also built more generic spec homes, or speculative investment homes. I would estimate that about 50% were custom homes and 50% were spec homes.
The lots are mostly flat with an average size of 0.2 acres, with houses built on concrete slab foundations. The streets are laid out on a simple grid, with east-west streets bearing standard numerical names, while north-south streets are named for notable colleges and universities. The neighborhood is well cared for and nicely landscaped. Most are occupied by families, working couples, and adult students.
College Place is located along Water Tower Road and E Battlefield Blvd (Central Ave). Water Tower Road runs between Highway 102 (aka 14th Street/Hudson Road) to the South and E Battlefield to the North. College Place is a convenient location for the person that works in Rogers but wants their kids to be in Bentonville Schools. It’s proximity to Interstate 49 makes it perfect for anyone who needs to commute along that corridor to get to work.
The subdivision is conveniently located 3 miles east of Downtown Bentonville, 0.7 miles east of I-49, and 3.7 miles from the Walmart Home Office. All the conveniences of town are close at hand. The neighborhood is within 1 mile from the Northwest Arkansas Community College, a Mercy Convenience Care Clinic, Sam’s Club, Neighborhood Market, a nature preserve, and an 18 hole golf course.
