End-Unit Residential
For Sale
$89,000
118 Richwood Drive #45, Fairfield Bay, AR 72088
Residential, Townhouse, Fairfield Bay, AR
Property Size1,218 SF
Price / SF$73.07
Days on Market217
Property Features for 118 Richwood Drive #45
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Parking features
Assigned
Patio and Porch features
Deck
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Window Treatments, Floored Attic, Ceiling Fan(s), Breakfast Bar
Exterior features
Deck
Appliances
Built-In Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Subdivision
TERRACE TOWNHOUSE ASSOCIATION
Lot features
Sloped, Resort Property, Wooded, 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!
Standard status
Active
Size
1,218 SF
Taxes and HOA fees
Tax Description
Terrace #45 (L1)
Tax Annual Amount
498
HOA Fee
$212 Monthly
Legal Description
Terrace #45 (L1)
Building Details
Year built
1980
Floors in Building
1
Flooring type
Wood, Carpet, Laminate
Roof type
Metal
Architectural style
Other
Listing Agency:
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
(501) 884-4885
Listed By:
Fred Herman
(501) 253-1417
Added: Mar 2
Changed: Oct 5
Last Checked: Oct 5 at 4:06PM
MLS# 26008039
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, one-level condominium has two bedrooms and two full bathrooms. The end-unit layout includes wood, carpet, and laminate flooring, a breakfast bar, ceiling fans, and a floored attic. The rear deck faces a wooded area, and a stone walkway leads to the front entrance. Window treatments include plantation and pleated blinds. A permanent cover shelters the entry.
The kitchen includes a built-in stove, electric range, dishwasher, disposal, and refrigerator. A washer and dryer remain with the unit, and connections are available for both. Parking is assigned. The complex has a metal roof installed in 2013; the condominium was built in 1980.
The kitchen includes a built-in stove, electric range, dishwasher, disposal, and refrigerator. A washer and dryer remain with the unit, and connections are available for both. Parking is assigned. The complex has a metal roof installed in 2013; the condominium was built in 1980.
Key Highlights
- 1,218‑square‑foot, single‑level end unit
- Two bedrooms and two full bathrooms
- Expanded rear deck overlooking a wooded area
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A single-level layout includes two bedrooms, two full bathrooms, and an expanded rear deck.
Where is this residential income property located?
The property is located at 118 Richwood Drive #45 Fairfield Bay, AR.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: 1,218‑square‑foot, single‑level end unit; Two bedrooms and two full bathrooms; Expanded rear deck overlooking a wooded area
