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Presenting the 18 Most Expensive Home Sales in Northwest Arkansas

4 min read

Since 2005, Arkansas Business has offered readers an annual look at Pulaski County homes that have sold for $1 million or more.

This year, we also compiled a less detailed list of seven-digit home sales in the northwest corner of the state, Benton and Washington counties. But in the land of Wal-Mart and Vendorville, the number and size of high-end house deals can be even bigger.

In 2014, for the first time since we began our Pulaski County research with million-dollar sales in 2004, no home in the state’s most populous county topped $2 million. And in all the years since, no house in Pulaski County is believed to have commanded a higher price than the $4.2 million paid for the most expensive northwest Arkansas home of 2014.

And that Fayetteville house — a palatial 12,500 SF purchased by Jon Dyer, chief financial officer and co-owner of Taco Bell franchisee K-Mac Enterprises, and his wife, Joan, through a family trust — was one of three northwest Arkansas homes to sell for more than $2 million last year. The other two were in Bentonville.

The two counties in northwest Arkansas — with combined population estimated at close to 465,000, almost 20 percent higher than Pulaski County’s — also had more $1 million-plus home sales last year: 18 versus 14.

1. $4.2 Million

Date
July 1
Buyers
Jon A. and Joan M. Dyer (Dyer Joint Revocable Trust)
Sellers
James A. and Merry Lee Phillips (James A. Phillips Revocable Trust)
Location
Bentwood Lane, Fayetteville
Year Built
2007
SF
12,500

Jon Dyer is the chief financial officer and co-owner of K-Mac Enterprises, a large Taco Bell franchisee.

2. $2.6 Million

Date
Oct. 31
Buyers
Justin and Juliana Whaley
Sellers
Phillip and Dayna Martz
Location
McCollum Road, Bentonville
Year Built
1998
SF
11,982

Justin Whaley is the CEO of CCF Brands.

3. $2.25 Million

Date
Sept. 12
Buyers
Terence and Deborah Prigmore, Anne Beck Cornell
Seller
Joe and Lori O’Connor (O’Connor Family LLC)
Location
Kennesaw Drive, Bentonville
Year Built
2005
SF
12,040

Northwest Arkansas Homes That Sold for $1 Million or More

4. $1.5 Million

Date
June 27
Buyer
Shelby Field
Seller
Red Lion Properties LLC
(Chris May, operating manager)
Location
Township Avenue, Fayetteville
Year Built
2005
SF
5,713

Shelby Field transferred ownership after purchase to the Shelby P. Field Trust, which is handled by Community Bank of Raymore, Missouri.

5. $1.4 Million

Date
April 2
Buyer
Mark A. and Linda L.M. Worley
Seller
Gary E. and Billie Thomas Renegar
Location
White River Ridge, Fayetteville
Year Built
1996
SF
5,159

Mark Worley and Linda Worley are both medical doctors.

6. $1.35 Million

Date
Jan. 29
Buyer
Charles R. and Susan K. Redfield
Sellers
Ronald L. and Jacqueline Tiarks
Location
Kirche Cove N.E., Bentonville
Year Built
2007
SF
8,652

Charles Redfield is EVP of merchandising for Sam’s Club. Ron Tiarks is executive vice president of Wal-Mart Stores Inc.’s international division.

7. $1.32 Million

Date
Sept. 22
Buyer
Michael S. and Susan K. Moore
Sellers
Keith G. and Linda M. Folck
(Folck Family Revocable Trust)
Location
Tudor Lane, Rogers
Year Built
2006
SF
5,872

Michael Moore is executive vice president of Supercenters for Wal-Mart U.S.

8. $1.32 Million

Date
April 1
Buyer
John D. Ferm
Sellers
Robert and Alison Fusillo
Location
Tudor Lane, Rogers
Year Built
2006
SF
5,767

John Ferm is president of United Industries of Bentonville. Robert Fusillo is a vice president with Wal-Mart Stores Inc.

9. $1.23 Million

Date
June 20
Buyer
Nathan and Serena T. Smith
(Smith Living Trust)
Seller
Martin T. and Teryl L. Brooks
Location
Dover Drive, Rogers
Year Built
2013
SF
5,107

10. $1.12 Million

Date
Oct. 10
Buyer
City of Fayetteville
Seller
Mary L. Dunn
Location
Old Wire Road, Fayetteville
Year Built
1961
SF
1,567 (10-plus acres)

Enrique Ostale is president and CEO of Wal-Mart Latin America.

11. $1.1 Million

Date
June 10
Buyer
Darren and Donna Field
Seller
Debra K. Evans
Location
Nottingham Lane, Rogers
Year Built
2010
SF
4,981

The city of Fayetteville bought this home as part of a land acquisition in order to enlarge Gulley Park.

12. $1.1 Million

Date
June 10
Buyer
Darren and Donna Field
Seller
Debra K. Evans
Location
Nottingham Lane, Rogers
Year Built
2010
SF
4,981

Darren Field is SVP of intermodal at J.B. Hunt Transport Services. Seller Debra Evans is the daughter of Lloyd Peterson, founder of Peterson Farms of Decatur.

13. $1.08 Million

Date
April 15
Buyer
Russell L. and Jamie L. Daniel
Seller
Robbins Family Revocable Trust
(Darrin D. and Sandra L. Robbins)
Location
Englefield Street, Cave Springs
Year Built
2011
SF
6,755

Russ Daniel is a managing partner at McLarty Daniel Automotive

14. $1.07 Million

Date
May 31
Buyer
Kent A. and Roxanne F. Ferm
Seller
Evan Lawrence and Trisha Evans Lukasik
Location
Pinnacle Drive, Rogers
Year Built
2013
SF
7,210

Kent Ferm is vice president of marketing of United Industries

15. $1.06 Million

Date
Oct. 7
Buyer
Dean T. and Patricia A. General
Seller
Payne Construction Inc.
Location
Talamore Boulevard, Bentonville
Year Built
N/A
SF
N/A

Dean General is Kraft Foods’ president of the Wal-Mart and Sam’s Club Customer Business Team

16. $1.05 Million

Date
Sept. 22
Buyer
Keith G. and Linda M. Folck
Seller
Mawby Family Revocable Trust
(Matt and Marisha Mawby)
Location
Short Road, Bentonville
Year Built
2006
SF
4,341

Keith and Linda Folck bought this house the same day they sold their home on Tudor Lane for $1.32 million (see No. 7).

17. $1.05 Million

Dates
March 6 and Aug. 11
Buyer
Double Honor Ministries
Sellers
John R. and Amelia Skinner Eldridge
Location
Landwehr Road, Rogers
Year Built
2003
SF
2,370

John R. and the late Amelia S. Eldridge sold the property for $1.015 million to Mark Campbell, who then sold it to Double Honor. Mark Campbell is executive director of Double Honor Ministries, which will use the property for clergy retreats.

18. $1.05 Million

Date
May 28
Buyer
Douglas C. and Jace C. Toben
Seller
Don R. and Kimberly Rose Schaap
Location
Wimbledon Way, Rogers
Year Built
1999
SF
4,865

Doug Toben is an account manager with Hamilton Beach Brands. Don Schaap is CEO of Pinnacle Healthcare.

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