Search
Furnished Two-Bedroom Condo
For Sale
$115,000

118 Richwood Drive #52, Fairfield Bay, AR 72088

Residential, Townhouse, Fairfield Bay, AR

Property Size1,218 SF
Price / SF$94.42
Days on Market181

Property Features for 118 Richwood Drive #52

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Parking features Assigned, Carport
Patio and Porch features Deck
Interior features Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Furnished
Exterior features Deck
Appliances Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Subdivision TERRACE TOWNHOUSE ASSOCIATION
Lot features Sloped, Resort Property, Wooded, In Subdivision, River/ Lake Area, Down Slope
Elementary school Shirley
Middle school Shirley
High school Shirley
Directions From Dave Creek Pkwy. turn onto Lost Creek Pkwy. Take left onto Richwood. Take first right into the Terraces is 118 Richwood & Unit is numbered. It is an end unit! Also has 2 covered parking spaces in front of the walkway to condo.
Standard status Active
Size 1,218 SF

Taxes and HOA fees

Tax Description Terrace #52 (M-4)
Tax Annual Amount 643
HOA Fee $212 Monthly
Legal Description Terrace #52 (M-4)

Building Details

Year built 1980
Floors in Building 1
Flooring type Carpet, Vinyl, Laminate
Roof type Metal
Architectural style Other
Listing Agency: Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Listed By: Willena Herman
Added: Mar 30 Changed: Sep 26 Last Checked: Sep 26 at 2:06PM
MLS# 26012227

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,218-square-foot, single-level end-unit condo was built in 1980 and has two bedrooms and two full bathrooms. One bathroom includes a walk-in shower, and a bedroom has a cedar closet. The home is furnished, with appliances including a stove, microwave, dishwasher, disposal, and refrigerator. Flooring includes carpet, vinyl, and laminate. A covered entry and expanded deck extend the living space; the deck looks onto a wooded area, with a creek behind the property. An enclosed shop or storage room is located in the crawlspace.

Two covered parking spaces are positioned in front of the walkway to the entrance. The complex has a metal roof installed in 2013.

Key Highlights

  • 1,218‑square‑foot, single‑level end‑unit condo
  • Two bedrooms and two full bathrooms, including a walk‑in shower
  • Furnished; appliances include a stove, microwave, dishwasher, disposal, and refrigerator

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Pharmacy Garden Center Grocery & Convenience Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

132
Businesses Nearby

Demographics for 72088, AR

2,148
Population
2,090
Households
1
Avg Household Size
65
Median Age
31%
College-Educated
95%
High-School Grad
14.5 sq mi
ZIP Area
148
Density / Sq Mi
$54,508
Median Household Income
$28,272
Median Earnings
$888
Median Rent
$157,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - The single-level end residence includes an expanded deck, storage space, and covered parking.
Where is this residential income property located?
The property is located at 118 Richwood Drive #52 Fairfield Bay, AR.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 1,218‑square‑foot, single‑level end‑unit condo; Two bedrooms and two full bathrooms, including a walk‑in shower; Furnished; appliances include a stove, microwave, dishwasher, disposal, and refrigerator
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message