Best Residential Neighborhoods to Live in Prescott, AR



Best Residential Neighborhoods to Live in Prescott, AR

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Prescott, located in Nevada County, Arkansas, is a charming small town known for its scenic landscapes, rich history, and friendly community vibe. The town offers a tranquil living experience, set against the backdrop of natural beauty, making it an ideal location for families, retirees, and anyone seeking a peaceful environment without sacrificing essential amenities. This article explores the best residential areas in Prescott, highlighting their characteristics, housing options, and average prices.

Table of Contents



    Downtown Prescott



    Downtown Prescott

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    Downtown Prescott serves as the cultural and commercial hub of the city. Residents enjoy a close-knit atmosphere with access to local shops, restaurants, and events. This area embodies a classic small-town feel, making it perfect for those who appreciate community engagement and convenience.



    Characteristics of the Downtown Prescott

    * Culture: Vibrant local culture with shops and annual festivals

    * Transportation: Walkable area with local public transport options

    * Services: Grocery stores, medical facilities, schools, and parks

    * Environment: Friendly and community-oriented


    Housing Options in the Downtown Prescott

    Single-family homes, Apartments, Townhouses


    Average Home Prices in the Downtown Prescott

    * Buying: $120,000 – $180,000

    * Renting: $850 – $1,200/month



    Lake Greeson Area



    Lake Greeson Area

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    The Lake Greeson area is known for its stunning natural landscapes and recreational opportunities. This region is ideal for outdoor enthusiasts, offering lake activities, hiking, and camping. Many homes here have lake views, providing a serene living environment.



    Characteristics of the Lake Greeson Area

    * Culture: Outdoor lifestyle with fishing and boating activities

    * Transportation: Car necessary, limited public transport

    * Services: Proximity to recreational facilities, convenience stores

    * Environment: Tranquil and nature-oriented


    Housing Options in the Lake Greeson Area

    Cottages, Waterfront homes, Single-family homes


    Average Home Prices in the Lake Greeson Area

    * Buying: $150,000 – $250,000

    * Renting: $900 – $1,400/month



    East Prescott



    East Prescott

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    East Prescott is a growing residential area featuring larger lots and family homes. This neighborhood has a more suburban feel and is equipped with essential services, making it a preferred choice for families and retirees.



    Characteristics of the East Prescott

    * Culture: Family-friendly with community-focused events

    * Transportation: Car recommended, but some local amenities within walking distance

    * Services: Grocery stores, parks, schools, and recreational areas

    * Environment: Quiet and community-oriented


    Housing Options in the East Prescott

    Single-family homes, Modular homes


    Average Home Prices in the East Prescott

    * Buying: $130,000 – $200,000

    * Renting: $800 – $1,100/month



    Rural Prescott



    Rural Prescott

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    Rural Prescott offers residents a serene lifestyle surrounded by nature. This area is ideal for those seeking space and privacy, with larger properties and agricultural opportunities.



    Characteristics of the Rural Prescott

    * Culture: Rural lifestyle with farming and outdoor activities

    * Transportation: Car is essential, remote living

    * Services: Limited amenities, mostly self-sufficient living

    * Environment: Peaceful and secluded


    Housing Options in the Rural Prescott

    Farmhouses, Large single-family homes, Land for sale


    Average Home Prices in the Rural Prescott

    * Buying: $100,000 – $170,000

    * Renting: $700 – $1,000/month



    West Prescott



    West Prescott

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    West Prescott features a mix of older homes and new developments. This diverse neighborhood attracts a range of residents, from young professionals to retirees. The area boasts a friendly ambiance with easy access to parks and local amenities.



    Characteristics of the West Prescott

    * Culture: Diverse, with community events and activities

    * Transportation: Public transport available, bike lanes in some areas

    * Services: Local shops, schools, and recreational parks

    * Environment: Welcoming and diverse


    Housing Options in the West Prescott

    Single-family homes, Duplexes


    Average Home Prices in the West Prescott

    * Buying: $110,000 – $160,000

    * Renting: $750 – $1,050/month



    The Preserve



    The Preserve

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    The Preserve is an upscale neighborhood featuring well-designed homes and green spaces. It is ideal for those seeking a modern living experience while enjoying the tranquility of nature. The community hosts several amenities for an active lifestyle.



    Characteristics of the The Preserve

    * Culture: Gated community with social events and activities

    * Transportation: Private vehicle is common, but amenities are accessible

    * Services: Clubhouse, walking trails, parks, small shops

    * Environment: Family-friendly and upscale


    Housing Options in the The Preserve

    Luxury homes, Gated community houses


    Average Home Prices in the The Preserve

    * Buying: $200,000 – $350,000

    * Renting: $1,200 – $1,800/month



    Frequently Asked Questions About the Best Residential Areas in Prescott:



    The best residential areas in Prescott include Downtown Prescott, Lake Greeson Area, East Prescott, Rural Prescott, West Prescott, and The Preserve.

    East Prescott and West Prescott are highly recommended for families due to their proximity to schools and parks.

    Rural Prescott typically offers the most affordable housing options, along with East Prescott.

    The Lake Greeson Area is the best for outdoor enthusiasts, offering access to water sports and hiking.

    The average cost of living in Prescott is relatively low compared to the national average, with housing costs ranging from $120,000 to $350,000 based on the area.

    Yes, Prescott has reputable public schools, especially located in family-friendly neighborhoods like East Prescott.

    While Prescott does have limited public transport, having a car is highly recommended for access to amenities and work commuting.

    Downtown Prescott offers the highest concentration of amenities such as shops, dining, and healthcare facilities.

    Yes, The Preserve is an upscale gated community in Prescott designed for families and individuals seeking a friendly neighborhood environment.

    Lake Greeson is popular for boating, fishing, kayaking, and hiking with beautiful nature trails.



    Conclusion on the Best Residential Areas in Prescott:

    Prescott, Arkansas, provides a variety of residential areas catering to different lifestyles and preferences. Whether you desire the convenience and community atmosphere of Downtown Prescott, the tranquility of Lake Greeson, the spacious lots of East Prescott, or the rural charm found in Rural Prescott, there's a neighborhood to fit your needs. The cost-effective living, combined with friendly locals and stunning nature, makes Prescott an excellent choice for anyone looking to create a fulfilling life in a picturesque setting.

    About the Author
    Eribert De Oliveira
    Published by:Eribert De Oliveira

    Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.