Lake Balboa WATERFRONT with Covered Boat Dock! Private Setting with 109' of Lakefront and Seawall! Don't miss this Light & Bright Home w/Cathedral Ceiling & Modern Color Scheme! From the Warming Gas Fireplace in the Winter to the Cool Entertainment-sized Deck to enjoy all Summer, this Home has it all! Over the last 4-5 years: NEW Impact-Resistant Roof, NEW Energy Efficient Windows, NEW Flooring, NEW ceiling fans/lighting, NEW paint throughout, NEW Range/Oven & Microwave, NEW Basement & 4th Bedroom Reno, NEW Landscape Stonework/Stairs, NEW Hot Water Heater and Low Maintenance Exterior so you have more time to enjoy the Lake! 26,000 acre, gated, Hot Springs Village offers 11 Lakes, 9 Golf Courses, 2 Pools, 2 Marinas, Tennis, Pickleball, Mini-golf, Bocce Ball, Archery Range, Fitness Center, Performing Arts Center, 20 Miles of Walking Trails, and much more! See Virtual Tour
Closed
$569,000
31 Encantado Ln, Hot Springs Village, AR 71909
4beds
2,442sqft
Single Family Residence
Built in 1993
0.45 Acres Lot
$589,400 Zestimate®
$233/sqft
$2,257 Estimated rent
Home value
$589,400
$536,000 - $648,000
$2,257/mo
Zestimate® history
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List your homeWhat's special
Private settingCovered boat dockLight and bright homeEntertainment-sized deckGas fireplaceCathedral ceiling
Zillow last checked:
Listing updated:
Listed by:
Rick Marshall 501-601-7425,
McGraw Realtors HSV
Bought with:
Ethan Simpson, AR
RE/MAX of Hot Springs Village
Source: CARMLS,MLS#: 25008540
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Basement, Other (see remarks)
Dining room
- Features: Kitchen/Dining Combo, Breakfast Bar
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Microwave, Dishwasher, Electric Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Kit Counter-Other, Pantry, Sheet Rock, Sheet Rock Ceiling, Vaulted Ceiling(s), Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Guest Bedroom Apart, 3 Bedrooms Same Level
- Flooring: Luxury Vinyl
- Basement: Finished,Partial
- Has fireplace: Yes
- Fireplace features: Gas Logs Present
Interior area
- Total structure area: 2,442
- Total interior livable area: 2,442 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Two Car
- Has garage: Yes
Features
- Levels: Two,Multi/Split
- Patio & porch: Deck
- Exterior features: Rain Gutters, Dock
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, Dock - Covered, Ski Lake, Lake Front, Lake
- Body of water: Lake: Balboa
Lot
- Size: 0.45 Acres
- Dimensions: 109 x 178 x 112 x 178
- Features: Subdivided, River/Lake Area, Waterfront, Seawall
Details
- Parcel number: 52600026000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Brick, Stucco, Metal/Vinyl Siding
- Foundation: Slab/Crawl Combination
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Electric: Electric-Co-op
- Sewer: Public Sewer
- Water: POA Water
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: Pool, Tennis Court(s), Playground, Picnic Area, Mandatory Fee, Marina, Golf, Fitness/Bike Trail, Gated
- Subdivision: Encantado
HOA
- Has HOA: Yes
- Services included: Private Roads, Security
- HOA fee: $114 monthly
Location
- Region: Hot Springs Village
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $373,705
- Annual tax amount: $3,326
- Date on market: 3/6/2025
- Listing terms: VA Loan,FHA,Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2025 | Sold | $569,000-1%$233/sqft |
Source:  CARMLS #25008540 Report a problem | ||
| 5/17/2025 | Contingent | $574,900$235/sqft |
Source: CARMLS #25008540 Report a problem | ||
| 4/20/2025 | Price change | $574,900-3.9%$235/sqft |
Source: CARMLS #25008540 Report a problem | ||
| 4/8/2025 | Price change | $598,000-0.2%$245/sqft |
Source: CARMLS #25008540 Report a problem | ||
| 3/6/2025 | Listed for sale | $599,000+40.9%$245/sqft |
Source: CARMLS #25008540 Report a problem | ||
| 7/1/2021 | Sold | $425,000$174/sqft |
Source: CARMLS #21012978 Report a problem | ||
| 5/3/2021 | Listing removed | -- |
Source: CARMLS #21012978 Report a problem | ||
| 5/1/2021 | Listed for sale | $425,000+25.4%$174/sqft |
Source: CARMLS #21012978 Report a problem | ||
| 6/8/2020 | Listing removed | $339,000$139/sqft |
Source: TAYLOR REALTY GROUP #20009561 Report a problem | ||
| 5/23/2020 | Price change | $339,000-1.7%$139/sqft |
Source: TAYLOR REALTY GROUP #20009561 Report a problem | ||
| 3/21/2020 | Price change | $344,900-1.4%$141/sqft |
Source: Taylor Realty Group #20009561 Report a problem | ||
| 9/16/2019 | Listed for sale | $349,900+25.4%$143/sqft |
Source: Trademark Real Estate Inc. HSV #19030227 Report a problem | ||
| 7/15/2016 | Sold | $279,000-2.1%$114/sqft |
Source: Agent Provided Report a problem | ||
| 5/7/2016 | Listed for sale | $284,900$117/sqft |
Source: RE/MAX of Hot Springs Village #16013509 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,726 -18% | $74,741 |
| 2024 | $3,326 | $74,741 |
| 2023 | $3,326 | $74,741 |
| 2022 | $3,326 +83.2% | $74,741 +51.8% |
| 2021 | $1,816 -22.2% | $49,230 -6.1% |
| 2020 | $2,334 +28.5% | $52,450 |
| 2019 | $1,816 -1.4% | $52,450 |
| 2018 | $1,841 | $52,450 |
| 2017 | $1,841 | $52,450 +6.5% |
| 2016 | $1,841 | $49,230 |
| 2015 | $1,841 | $49,230 |
| 2014 | $1,841 -15.8% | $49,230 |
| 2013 | $2,186 | $49,230 |
| 2012 | -- | $49,230 -10.5% |
| 2011 | -- | $54,990 |
| 2010 | -- | $54,990 |
| 2009 | -- | $54,990 -1.7% |
| 2008 | -- | $55,930 |
| 2007 | -- | $55,930 |
| 2006 | $1,284 | $55,930 +41.1% |
| 2005 | -- | $39,650 |
| 2004 | -- | $39,650 +3.1% |
| 2003 | $1,265 | $38,440 |
Find assessor info on the county website
Neighborhood: 71909
Nearby homes
- $539,800-- bd2 ba1.9k sqft5 Encantado Pl, Hot Springs Village, AR 71909Off Market
- $379,9003 bd3 ba1.9k sqft29 Encantado Ln, Hot Springs Village, AR 71909Sold
- $2,1003 bd2 ba2k sqft12 Encantado Ln, Hot Springs Village, AR 71909For Rent
- $275,0003 bd2 ba1.6k sqft27 Encantado Ln, Hot Springs Village, AR 71909Sold
- $5,0000.28 Acres23 Saldana Way, Hot Springs Village, AR 71909Lot/Land
- $697,500-- bd2 ba2.4k sqft4 Encantado Pl, Hot Springs Village, AR 71909Off Market
- $20,000-- bd-- ba-- sqft21 Saldana Way, Hot Springs Village, AR 71909Off Market
- $329,900-- bd2 ba2k sqft37 Encantado Way, Hot Springs Village, AR 71909Off Market
Nearby schools
GreatSchools rating
- 6/10Fountain Lake Middle School Cobra Digital Prep AcademyGrades: 5-8Distance: 7.2 mi
- 6/10Fountain Lake High SchoolGrades: 9-12Distance: 7.2 mi
- 7/10Fountain Lake Elementary SchoolGrades: PK-4Distance: 7.2 mi
Schools provided by the listing agent
- Elementary: Fountain Lake
- Middle: Fountain Lake
- High: Fountain Lake
Source: CARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Arkansas
- Saline County
- Hot Springs Village
- 71909
- 31 Encantado Ln
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