Closed

$693,000

39 Tenerife Way, Hot Springs Village, AR 71909

6beds

4,011sqft

Single Family Residence

Built in 1991

0.37 Acres Lot

$650,600 Zestimate^®

$173/sqft

$3,718 Estimated rent

Home value

$650,600

$579,000 - $722,000

$3,718/mo

Zestimate^® history

Owner options

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$3,718/mo

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$3,718/mo

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$4,206/mo

Est. payment

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$4,206/mo

Est. payment

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What's special

Lakeside swim deckDirect lakefront accessWaterfront viewsDeck railingsInterior paint

Room for Everyone......Amazing waterfront views and direct lakefront access to Lake Coronado. One of the top short term rentals in the community-6FIGURE REVENUE & 10%CAP RATE! This renovated 6 bedroom, 4 bath beauty boasts of 3 living areas, 3 fireplaces, over 1330 square foot of decks including the lakeside swim deck. Roof replaced 2020.Major remodel 2021 resulted in new: 2 HVAC systems, flooring of entire main floor, removal of popcorn ceilings, addition of 4th bath, replacement of all plumbing and electrical fixtures, 2 washing machines, 2 dyers, refrigerator, microwave, toilets, interior paint thru-out and deck railings. Swim deck boards replaced 2022. Water heater replaced 2023. Upper deck boards replaced 2024. Hot Springs Village Property Owner Association has a new member buy-in of $1500.00 due and collected at closing.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Rooms

Room types: Great Room, Den/Family Room, Game Room, Sun Room, Workshop/Craft, Bonus Room

Dining room

Features: Separate Dining Room, Eat-in Kitchen, Kitchen/Dining Combo

Heating

Heat Pump

Appliances

Included: Microwave, Electric Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Electric Water Heater
Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room

Features

Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Wired for Data, Kit Counter-Formica, Pantry, Sheet Rock, Sheet Rock Ceiling, Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, 4 Bedrooms Upper Level, 2 Bedrooms Lower Level
Flooring: Tile, Laminate
Basement: Interior Entry,Walk-Out Access,Heated,Cooled,Partially Unfinished
Has fireplace: Yes
Fireplace features: Woodburning-Site-Built, Gas Logs Present, Three or More
Furnished: Yes

Interior area

Total structure area: 4,011
Total interior livable area: 4,011 sqft

Property

Parking

Total spaces: 2
Parking features: Garage, Two Car, Garage Door Opener
Has garage: Yes

Features

Levels: Two
Patio & porch: Deck
Exterior features: Dock
Has spa: Yes
Spa features: Whirlpool/Hot Tub/Spa
Has view: Yes
View description: Lake, Vista View
Has water view: Yes
Water view: Lake
Waterfront features: Dock - Covered, Hoist/Lift, Dock Private, Lake Front, Lake
Body of water: Lake: Coronado

Lot

Size: 0.37 Acres
Dimensions: 38 x 200+ x 153+ x 265+
Features: Cul-De-Sac, Subdivided, River/Lake Area, Sloped Down, Waterfront

Details

Parcel number: 75200003000

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Slab/Crawl Combination
Roof: Composition

Condition

New construction: No
Year built: 1991

Utilities & green energy

Electric: Electric-Co-op
Gas: Gas-Propane/Butane
Sewer: Public Sewer
Water: POA Water
Utilities for property: Gas-Propane/Butane, Cable Connected

Community & HOA

Community

Features: Pool, Tennis Court(s), Sauna, Playground, Clubhouse, Party Room, Picnic Area, Mandatory Fee, Marina, Hot Tub, Golf, Fitness/Bike Trail, Gated
Security: Security
Subdivision: TENERIFE

HOA

Has HOA: Yes
Services included: Private Roads, Security
HOA fee: $110 monthly

Location

Region: Hot Springs Village

Financial & listing details

Price per square foot: $173/sqft
Tax assessed value: $404,520
Annual tax amount: $3,600
Date on market: 8/1/2024
Listing terms: Conventional,Cash
Road surface type: Paved

Price history

Date	Event	Price
12/16/2024	Sold	$693,000-1%$173/sqft
Source: CARMLS #24027648 Report a problem
12/16/2024	Contingent	$699,900$174/sqft
Source: CARMLS #24027648 Report a problem
9/6/2024	Price change	$699,900-4.1%$174/sqft
Source: CARMLS #24027648 Report a problem
8/1/2024	Price change	$729,900+2.1%$182/sqft
Source: CARMLS #24027648 Report a problem
7/16/2024	Listed for sale	$715,000+113.4%$178/sqft
Source: Owner Report a problem
5/26/2021	Sold	$335,000+1.8%$84/sqft
Source: CARMLS #21010949 Report a problem
4/15/2021	Listed for sale	$329,000$82/sqft
Source: CARMLS #21010949 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,600	$80,904
2024	$3,600	$80,904
2023	$3,600	$80,904
2022	$3,600 +39.4%	$80,904 +39.4%
2021	$2,582	$58,020
2020	$2,582	$58,020
2019	$2,582	$58,020
2018	$2,582	$58,020
2017	$2,582	$58,020 -10%
2016	$2,582 -8.4%	$64,450
2015	$2,819 +27.4%	--
2014	$2,212 -13.5%	$57,580
2013	$2,557	$57,580 -10.7%
2012	--	$64,450 -8.7%
2011	--	$70,560
2010	--	$70,560
2009	--	$70,560 +9.9%
2008	--	$64,220
2007	--	$64,220
2006	$2,000	$64,220 +11.3%
2005	--	$57,700
2004	--	$57,700 +10.2%
2003	$1,830	$52,340