# 2 Colony Circle, Bay, AR 72411

> **TL;DR:** land, $204,400. Est. $1,094/mo. Listed 52 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $204,400 |
| Lot Size | 127,195 sqft (2.92 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 52 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,034 |
| Estimated Insurance | $60 |
| **Total** | **$1,094** |

## Nearby Schools

- **Elementary:** Bay
- **High:** Bay

## Property Highlights

- 2.92 acre lot

## Description

### AI Summary
This 2.92-acre land property has 0 bedrooms and 0 bathrooms and is located at 2 Colony Circle in Colony Bay, Bay, AR. Positioned off I-555, the acreage is zoned R-3, with conditional use approved for a townhome, apartment, or condo development. City utilities are on the property, supporting future planning for an approved residential use. The property has been removed from the flood zone. Additional acreage is available, providing an option to expand the site. The City of Bay is also willing to rezone the property for Commercial zoning. With its acreage, existing utility access, approved conditional uses, and location near I-555, this parcel offers a range of potential development considerations within Bay. The listing is offered at $204,400.

### Agent Description
Acreage located off I-555. Property is zoned R-3 with conditional use approved for townhome, apartment, or condo. City utilities on property. Additional acreage available. Property has been removed from the flood zone. City of Bay is willing to rezone property for Commercial zoning.

## Location

- **Address:** 2 Colony Circle, Bay, AR 72411
- **County:** Craighead
- **Neighborhood:** Colony Bay
- **Coordinates:** 35.75256, -90.57619
- **Google Maps:** https://www.google.com/maps?q=35.75256,-90.57619

## Listing Agent

- **Name:** Meredith Edwards
- **Brokerage:** COLDWELL BANK VILLAGE COMMUNITIES
- **Phone:** (870) 935-7800
- **Broker Phone:** (870) 935-7800
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2-Colony-Cir_Bay_AR_72411_M96951-53040?f=listhub&s=JBRAR&m=10131087&c=propsimple)

## Photos

![2 Colony Circle - Photo 1](http://lh.rdcpix.com/bc429e7daa266ac8bf06f930df5e1fe8l-f2735355823r.jpg)

![2 Colony Circle - Photo 2](http://lh.rdcpix.com/bc429e7daa266ac8bf06f930df5e1fe8l-f70565037r.jpg)

---

**MLS#:** 10131087 | **Updated:** 2026-07-15
**Source:** listhub

*Copyright © 2026 Northeast Arkansas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2-colony-circle-bay-ar-72411-10131087)

---

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