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  • Price cut: $15K (5/15)
    $510,000

    198 Shelly Ln, Hot Springs, AR 71913

    2beds
    1,170sqft
    : 
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    Single Family Residence
    Built in 2023
    20 Acres Lot
    $486,900 Zestimate®
    $436/sqft
    $-- HOA

    What's special

    Gated entranceHigh-end finishes throughoutDedicated horse paddockCustom cabinetry
    Check out this 20-acre equestrian estate! The property features a gated entrance and premium Finishline horse fencing with 8-foot posts surrounding a dedicated horse paddock. Beyond the pastures, a serene creek winds along the back boundary, complemented by two storage buildings—one fully insulated with water and electricity—and a complete RV setup featuring dedicated water, electric, and sewer hookups. Inside, the two-year-old home features 9-foot ceilings and high-end finishes throughout. You'll love the custom cabinetry and sleek quartz countertops in the kitchen and bathrooms. This horse-lover's paradise is even more beautiful in person. Schedule a private tour today.
    92 days
    |
    296
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Layfield 501-282-1179,

    McGraw Realtors - HS 501-881-3331

    Source: CARMLS,MLS#: 26011520MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Great Room
      Dining room
      • Features: Eat-in Kitchen, Kitchen/Dining Combo, Breakfast Bar
      Heating
      • Electric, Heat Pump
      Cooling
      • Electric
      Appliances
      • Included: Free-Standing Range, Electric Range, Dishwasher, Disposal, Plumbed For Ice Maker, Water Purifier, Electric Water Heater, Tankless Water Heater
      • Laundry: Washer Hookup, Electric Dryer Hookup
      Features
      • Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Kit Counter-Quartz, Pantry, Sheet Rock, Primary Bedroom/Main Lv
      • Flooring: Laminate
      • Windows: Insulated Windows, Low Emissivity Windows
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,170
      • Total interior livable area: 1,170 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: RV Access/Parking, Carport, Parking Pad, Two Car, Garage Faces Side
      • Has carport: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch
      • Exterior features: Storage, Rain Gutters
      • Fencing: Partial,Chain Link
      • Waterfront features: Creek
      Lot
      • Size: 20 Acres
      • Features: Sloped, Wooded, Cleared
      Details
      • Additional structures: Barns/Buildings, Stables
      • Parcel number: 10013952000
      • Other equipment: Satellite Dish
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Crawl Space
      • Roof: 3 Tab Shingles
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Electric: Elec-Municipal (+Entergy)
      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Underground Utilities
      Green energy
      • Energy efficient items: Insulation

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Not In List
      HOA
      • Has HOA: No
      Location
      • Region: Hot Springs

      Financial & listing details

      • Price per square foot: $436/sqft
      • Tax assessed value: $178,000
      • Annual tax amount: $959
      • Date on market: 3/25/2026
      • Road surface type: Gravel, Paved

        Estimated market value

        $486,900

        $463,000 - $511,000

        $1,553/mo

        Price history

        DateEventPrice
        5/15/2026Price change$510,000-2.9%$436/sqft
        Source: HSDS #154652 Report a problem
        3/25/2026Listed for sale$525,000+2182.6%$449/sqft
        Source: HSDS #154652 Report a problem
        8/31/1995Sold$23,000$20/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,037 -10.5%$35,600
        2024$1,159 +60.4%$35,600 +45.8%
        2023$722 +616.6%$24,410 +4594.2%
        2022$101 +13.1%$520 -11.9%
        2021$89 +198.7%$590
        2020$30 +14.3%$590
        2019$26 $590
        2018$26 $590
        2017$26 -6.4%$590 -6.3%
        2016$28 $630
        2015$28 $630

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 71913

          Getting around

          1 / 100
          Car-Dependent
          11 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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