Rare .59-acre redevelopment opportunity in the heart of downtown Bentonville, now offered at $1,495,000. This flat, highly usable 113’ x 229’ property offers exceptional flexibility with dual access from NW 5th Street and the rear alley — ideal for a custom luxury estate, multiple structures, investment redevelopment, or a phased build strategy. Located just moments from the Bentonville Square, Crystal Bridges, the Razorback Greenway, schools, and world-class bike trails, the property combines prime location with outstanding future potential. The existing 1BR/1BA Craftsman-style cottage may serve as an ADU, guest house, office, or income-producing rental during future development. Additional improvements include a detached garage, oversized carport/pavilion, hot tub, and fully fenced yard. Also listed as RESIDENTIAL – MLS 1323906.