About 5 Payne Lane
Country pilot’s dream on 69.96 acres! Recently appraised on 5/26 for $925,000, this unique property offers a rare blend of aviation, acreage, residential, and investment potential, all just 30 minutes from Greers Ferry Lake. The 1,323 sq. ft. home features a metal roof, updated kitchen, porch, patio, sunroom, and an in-ground pool, creating a comfortable place to live while enjoying the privacy and freedom of country life. The property is truly set apart by its grass airstrip, two hangars, and large shop building, offering incredible flexibility for aircraft storage, equipment, hobbies, business use, or future expansion. Whether you are a country pilot looking for private aviation access, a buyer needing serious shop and storage space, or someone searching for land with room to build, grow, and create, this property delivers opportunity in every direction. With nearly 70 acres, public water connected, and a well on site that needs a pump, this is a one-of-a-kind setup with endless possibilities.
Features of 5 Payne Lane
| MLS® # | 26027981 |
|---|---|
| Price | $899,999 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,323 |
| Acres | 69.96 |
| Year Built | 1989 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 5 Payne Lane |
|---|---|
| Area | Greenbrier School District |
| Subdivision | Not In List |
| City | Greenbrier |
| County | Faulkner |
| State | AR |
| Zip Code | 72058 |
Amenities
| Utilities | Water-Public, Well, Elec-Municipal (+Entergy), Gas-Propane/Butane |
|---|---|
| Parking | Garage |
| View | Level, Wooded, Cleared |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Patio, Porch, Outside Storage Area, Inground Pool, Guttering, Shop, Private Airstrip, Hangar |
Interior
| Interior Features | Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Ceiling Fan(s) |
|---|---|
| Appliances | Free-Standing Stove, Surface Range, Dishwasher |
| Heating | Central Heat-Electric, Space Heater-Gas |
| Cooling | Central Cool-Electric |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Patio, Porch, Outside Storage Area, Inground Pool, Guttering, Shop, Private Airstrip, Hangar |
| Lot Description | Level, Wooded, Cleared |
| Roof | Metal |
| Foundation | Slab |
Additional Information
| Date Listed | July 10th, 2026 |
|---|---|
| Days on Market | 69 |
| Foreclosure | No |
| Short Sale | No |
| HOA Fees Freq. | None |
Listing Details
| Agent | Luke Dorey |
|---|---|
| Office | LPT Realty Conway |