The route runs 17.45 miles (28.08 km) as a connector between Arkansas Highway 27 and Arkansas Highway 7 in the Ouachita National Forest.
The route runs east into Perry County to terminate at AR 7 at Hollis near the South Fourche Campground.
There is a county road which breaks from AR 314 and leads to Shed Cemetery.
The forest road has existed since Arkansas' earliest records, but the route didn't become a state highway until 1964.
[1] Media related to Arkansas Highway 314 at Wikimedia Commons