Corey Burks

9 Madrid Way

Hot Springs Village, AR
$ 499,900 Beds 3 Baths 2 Sq 2,085
Monthly Estimate* How much can I afford?

Welcome to 9 Madrid Way in beautiful Hot Springs Village, Arkansas - an incredible lakefront opportunity on the shores of Lake DeSoto. Recently renovated, this inviting home blends modern updates with the relaxed charm of lake living, creating the perfect retreat for both everyday enjoyment and entertaining. One of the standout features of the 3 bedroom, 2 bathroom property is its incredible multi-level docks overlooking the water, offering stunning views of Lake DeSoto and the perfect setting for morning coffee, sunset gatherings, or simply soaking in the peaceful surroundings. A private swim dock provides direct access to the lake, making it easy to enjoy swimming, kayaking, or a day out on the water. Whether you're searching for a serene personal lakefront getaway or a valuable vacation rental investment in the highly desirable Hot Springs Village community, this property offers the ideal combination of location, lifestyle, and opportunity.

Single Family

  • Price
  • $ 499,900
  • City
  • Hot Springs Village
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • GARLAND
  • Half Bathrooms
  • 0
  • Area
  • Hot Springs Village (Fountain La
  • Lot Size
  • 0.36 Acres
  • Zip
  • 71909
  • Sqr Footage
  • 2,085
  • Year Built
  • 1982
  • Taxes
  • $ 2483
  • Style
  • Traditional
  • MLS#
  • 26009482
Listed By: Exp Realty
Data Source: Cooperative Arkansas REALTORS® MLS (CARMLS)

Features

General

Heating Central Cool-Electric,Central Heat-Electric
Utilities Sewer-Public,Water-Public,Elec-Municipal (+Entergy)
Roof Architectural Shingle
Fireplaces Woodburning-Site-Built
HOA Fee 115.79
Full Baths 2
Year Built 1982
Parking Carport,Parking Pads
Other Rooms Sun Room
Subdivision MADRID
Style Traditional
Stories Count One Story
County Garland
Class Residential
Type Detached
Will Subdivide No
Frequency Monthly
Inside City Limits No
DOCS ON FILE Legal Description
Status Active
Subdivision AR
Sale/Rent For Sale
Area Amenities Hot Tub
Annual Taxes 2483
New Construction? No
Primary City Hot Springs Village
Directions Head Northwest On AR-7 N/N State Hwy 7 Toward Brookhill Ranch Rd,Turn Right Onto De Soto Blvd,Turn Left Onto Calella Rd,Turn Right Onto Santa Maria Rd,Turn Right Onto Madrid Way,Destination Will Be O
City Hot Springs Village
DOM 198
Postal Code 71909
Price Per Sq Ft Total AG 239.76
Public Remarks Welcome to 9 Madrid Way in beautiful Hot Springs Village,Arkansas - an incredible lakefront opportunity on the shores of Lake DeSoto. Recently renovated,this inviting home blends modern updates with

Interior Features

Basement Unfinished
Dining Kitchen/Dining Combo,Living/Dining Combo
Beds 3
Total Bedrooms All Bedrooms Up
Floors Carpet,Tile
Kitchen Equipment Free-Standing Stove,Microwave,Dishwasher

Exterior Features

Exterior Frame
Exterior Amenities Deck,Hot Tub/Spa,Boat Dock
Road Surface Paved
Waterfront Cove,Dock - Swimming
Foundation Slab/Crawl Combination
Lot Size Area 0.36
Lot Dimensions 84X187
Lot Sloped,Resort Property,In Subdivision,Lake Front,Waterfront

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Paragould, AR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/12/2026 Listed $509,900
3/19/2026 2% - $499,900

Property vs Zip Code Average in 71909

Price
AVG $420K
$500K
Taxes
AVG $1,717
$2,483
Year Built
AVG 1994
1982
Visits
AVG 331
942
Data Provided by Inside Real Estate®

Areas That We Cover

9 Madrid Way Hot Springs Village, AR is a Single Family Home for sale at $499900 with 2085 sqft and a lot size of 0.36 Acres Acre(s). 9 Madrid Way Hot Springs Village has 3 bedrooms, 2 baths and was built in 1982. The property's zip code is 71909 which is in Hot Springs Village, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Corey Burks

Corey Burks

Real Estate Salesperson

870-215-3654

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