Buy the view and the house comes with it! This four bedroom, three and half bath has a gorgeous Mountain View with Lake Balboa in the background. Very rare for a view home with a near flat driveway and side entry garage. Formal living with electric fireplace. Den has gas log fireplace. Formal dining area, large kitchen with breakfast area and breakfast bar. Wall oven, electric range, microwave, dishwasher and pantry with pull out drawers. Refrigerator conveys. All main living areas have vaulted ceilings. primary bedroom has trey ceiling, large window for views and access to deck, Primary bath has walk-in shower, double sink and natural light, walk-in closet with builtin shelves and drawers. Floors are wood, tile and caret. Large upper deck that is partially covered. Lower level has two guest rooms, bathroom and large living room with kitchenette (perfect for a mother-in-law suite). Lower level has covered deck with a great view. Both decks offer a view of the holiday fireworks on Lake Balboa. Additionally, there is a large workshop! Roof - 2024. SEE AGENT REMARKS
Active
$555,000
31 Derecho Way, Hot Springs Village, AR 71909
4beds
3,582sqft
Single Family Residence
Built in 1994
0.31 Acres Lot
$540,200 Zestimate®
$155/sqft
$116/mo HOA
What's special
Side entry garageNear flat drivewayFormal dining areaRefrigerator conveys
- 157 days
- 125
- 7
Zillow last checked:
Listing updated:
Listed by:
Brenda G Langley 501-226-8781,
McGraw Realtors - HSV 501-922-0707
Source: CARMLS,MLS#: 26022685
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Workshop/Craft
Dining room
- Features: Breakfast Bar, Eat-in Kitchen, Kitchen/Den, Living/Dining Combo
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Surface Range, Oven, Washer, Dryer, Electric Water Heater
Features
- Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Granite Counters, Pantry, 2 Bedrooms Lower Level, Guest Bedroom/Main Lv, Primary Bedroom/Main Lv
- Flooring: Carpet, Tile, Wood
- Windows: Window Treatments
- Number of fireplaces: 2
- Fireplace features: Electric, Gas Logs Present, Two
Interior area
- Total structure area: 3,582
- Total interior livable area: 3,582 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Faces Side, Two Car
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.31 Acres
- Dimensions: 85 x 158-87 x 158
Details
- Parcel number: 62400066000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl Siding
- Foundation: Slab/Crawl Combination
- Roof: Shingle
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Electric: Electric-Co-op
- Gas: Gas-Propane/Butane
- Sewer: Public Sewer
- Water: POA Water
- Utilities for property: Gas-Propane/Butane
Community & HOA
Community
- Features: Fitness/Bike Trail, Gated, Golf, Mandatory Fee, Marina, Picnic Area, Pool, Tennis Court(s)
- Security: Security
- Subdivision: Merced
HOA
- Has HOA: Yes
- HOA fee: $116 monthly
Location
- Region: Hot Springs Village
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $362,370
- Annual tax amount: $3,225
- Date on market: 6/5/2026
- Road surface type: Paved
Estimated market value
$540,200
$513,000 - $567,000
$2,735/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Price change | $555,000-1.8%$155/sqft |
Source:  CARMLS #26022685 Report a problem | ||
| 6/5/2026 | Listed for sale | $564,900+5.2%$158/sqft |
Source: CARMLS #26022685 Report a problem | ||
| 11/11/2024 | Sold | $537,000-2.2%$150/sqft |
Source: CARMLS #24027697 Report a problem | ||
| 9/26/2024 | Pending sale | $549,000$153/sqft |
Source:  RE/MAX of Arkansas #24027697 Report a problem | ||
| 9/26/2024 | Contingent | $549,000$153/sqft |
Source: CARMLS #24027697 Report a problem | ||
| 8/30/2024 | Price change | $549,000-4.4%$153/sqft |
Source: CARMLS #24027697 Report a problem | ||
| 8/14/2024 | Price change | $574,000-2.5%$160/sqft |
Source: CARMLS #24027697 Report a problem | ||
| 8/1/2024 | Listed for sale | $589,000+81.2%$164/sqft |
Source: CARMLS #24027697 Report a problem | ||
| 8/27/2013 | Sold | $325,000$91/sqft |
Source: Public Record Report a problem | ||
| 6/21/2013 | Price change | $325,000-7.1%$91/sqft |
Source: Hot Springs Village Real Estate #10339044 Report a problem | ||
| 1/29/2013 | Listed for sale | $349,900$98/sqft |
Source: Hot Springs Village Real Estate #10339044 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,225 | $52,260 |
| 2024 | -- | $52,260 |
| 2023 | -- | $52,260 |
| 2022 | $1,951 | $52,260 |
| 2021 | $1,951 | $52,260 |
| 2020 | $1,951 | $52,260 |
| 2019 | $1,951 -1.3% | $52,260 |
| 2018 | $1,976 | $52,260 |
| 2017 | $1,976 | $52,260 -2.3% |
| 2016 | $1,976 -17% | $53,480 |
| 2015 | $2,380 | $53,480 |
| 2014 | $2,380 +0.2% | -- |
| 2013 | $2,375 | $53,480 |
| 2012 | -- | $53,480 -8.7% |
| 2011 | -- | $58,590 |
| 2010 | -- | $58,590 |
| 2009 | -- | $58,590 -1.9% |
| 2008 | -- | $59,720 |
| 2007 | -- | $59,720 |
| 2006 | $1,667 | $59,720 +21.3% |
| 2005 | -- | $49,230 |
| 2004 | -- | $49,230 +3.9% |
| 2003 | $1,628 | $47,380 |
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.Climate risks
Neighborhood: 71909
- $399,9003 bd2 ba2.3k sqft33 Derecho Way, Hot Springs Village, AR 71909Sold
- $390,100-- bd2 ba2.3k sqft29 Derecho Way, Hot Springs Village, AR 71909Off Market
- $1,000-- bd-- ba-- sqft38 Derecho Way, Hot Springs Village, AR 71909Off Market
- $1,000-- bd-- ba-- sqft36 Derecho Way, Hot Springs Village, AR 71909Off Market
Similar homes
- $585,0004 bd4 ba3.1k sqft47 Coronado Ln, Hot Springs Village, AR 71909For Sale
MLS ID #26040585, Deb Seibert, Hot Springs Village Real Estate. CARMLS - $549,9004 bd3 ba3.1k sqft2 Sereno Ln, Hot Springs Village, AR 71909For Sale
MLS ID #26030284, Lisa Cates, CENTURY 21 H.S.V. Realty. CARMLS - $599,9004 bd4 ba3.3k sqft32 Sanchez Way, Hot Springs Village, AR 71909For Sale
MLS ID #26040338, Alissa Nead, RE/MAX of Hot Springs Village. CARMLS - $549,9004 bd3 ba2.3k sqft23 Celanova Ln, Hot Springs, AR 71909For Sale
MLS ID #26027422, Rick Marshall, McGraw Realtors - HSV. CARMLS - $579,0004 bd3 ba4k sqft89 Mesero Way, Hot Springs Village, AR 71909For SaleMLS ID #26036294, Lori Adcock McGhee, McGraw Realtors - HSV. CARMLS
- $425,0004 bd4 ba3k sqft94 Murillo Way, Hot Springs Village, AR 71909For SaleMLS ID #26044681, Scott Sandlin, Berkshire Hathaway HomeServices Arkansas Realty. CARMLS
- $625,0003 bd4 ba3.5k sqft1 Mesero Pl, Hot Springs Village, AR 71909For SaleMLS ID #26038717, Michael G Holdiness, RE/MAX of Hot Springs Village. CARMLS
- $589,9003 bd3 ba2.5k sqft14 Narvaez Way, Hot Springs Village, AR 71909For SaleMLS ID #26040994, Jane Hollansworth, RE/MAX of Hot Springs Village. CARMLS
- $499,9003 bd3 ba2.9k sqft48 Binefar Way, Hot Springs Village, AR 71909For SaleMLS ID #26029592, CJ Thomas, CJ Thomas Properties, Inc.. CARMLS
- $490,0005 bd5 ba4.1k sqft57 Soto Ln, Hot Springs Village, AR 71909For SaleMLS ID #26040918, Mark R Williams, Keller Williams Realty Central. CARMLS
- $550,0003 bd3 ba2.4k sqft9 Redondo Ln, Hot Springs Village, AR 71909For SaleMLS ID #26031896, Candy Adams, McGraw Realtors - HSV. CARMLS
- $495,0003 bd3 ba3.1k sqft2 Sanchez Cv, Hot Springs Village, AR 71909For SaleMLS ID #26029172, Donna Bigg, McGraw Realtors - HSV. CARMLS
- $599,0003 bd4 ba3.4k sqft6 Cabrillear Ln, Hot Springs Village, AR 71909For SaleMLS ID #26037108, Sharon L Tremor, McGraw Realtors - HSV. CARMLS
- $544,9003 bd3 ba3.3k sqft115 Pizarro Dr, Hot Springs, AR 71909For SaleMLS ID #26035037, Beth Graves, McGraw Realtors - HSV. CARMLS
- $499,9003 bd4 ba3.1k sqft10 Cordoba Way, Hot Springs, AR 71909For SaleMLS ID #26043904, Sandy Carle, Hot Springs Village Real Estate. CARMLS
- $699,0004 bd3 ba3.7k sqft50 Marinero Way, Hot Springs Village, AR 71909For SaleMLS ID #26030245, Lisa Cates, CENTURY 21 H.S.V. Realty. CARMLS
- $599,0004 bd3 ba3.3k sqft28 Asombroso Ln, Hot Springs Village, AR 71909For SaleMLS ID #26035552, Kimberly Taylor, Taylor Realty Group HSV. CARMLS
- $619,0004 bd3 ba2.4k sqft19 Guindola Way, Hot Springs, AR 71909For SaleMLS ID #26034124, Susie Burns, RE/MAX of Hot Springs Village. CARMLS
- $499,0003 bd3 ba1.9k sqft21 Costa Del Lago Ln, Hot Springs, AR 71909For SaleMLS ID #26039270, Jane Hollansworth, RE/MAX of Hot Springs Village. CARMLS
- $550,0003 bd3 ba2k sqft13 Alhaja Way, Hot Springs Village, AR 71909For SaleMLS ID #26030314, Candy Adams, McGraw Realtors - HSV. CARMLS
