Two-Bedroom Residential
New
For Sale
$99,000
118 Richwood Drive, Fairfield Bay, AR 72088
Residential, Contemporary, Fairfield Bay, AR
Property Size1,218 SF
Lot Size0.22 Acres
Price / SF$81.28
Days on Market4
Property Features for 118 Richwood Drive
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Patio and Porch features
Deck, Porch
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Furnished
Exterior features
Deck, Porch, Guttering
Appliances
Built-In Stove, Microwave, Dishwasher, Disposal, Refrigerator-Stays
Subdivision
Fairfield Bay
Lot features
Sloped, Down Slope
Directions
Dave Creek Parkway to Woodhaven, turn right on Shorthaven, straight in to the Terraces from the stop sign on Shorthaven. The unit is to the left in the second quad.
Standard status
Active
Size
1,218 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TERRACES (0.22 AC) UNIT K-1,
Tax Annual Amount
546
HOA Fee
$175 Monthly
Legal Description
TERRACES (0.22 AC) UNIT K-1,
Building Details
Year built
1980
Floors in Building
1
Flooring type
Vinyl
Roof type
Metal
Architectural style
Contemporary
Listing Agency:
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
(501) 884-4885
Listed By:
Jeff Cornelius
(501) 316-8268
Added: Oct 13
Changed: Oct 16
Last Checked: Oct 16 at 12:06PM
MLS# 26041661
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.
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Investment Insights
Based on property information with market context.
This 1,218-square-foot, single-level condo in Fairfield Bay has two bedrooms, two full bathrooms, and decks. The unit comes partially furnished, with kitchen utensils and appliances including a built-in stove, microwave, dishwasher, disposal, and refrigerator. A washer and dryer stay with the property; washer and electric dryer connections are also present. Interior features include a walk-in closet, walk-in shower, ceiling fans, and vinyl flooring.
The metal roof was replaced within the last year, and the air-conditioning condenser coil was also replaced. Outdoor features include a deck, porch, and guttering. Fairfield Bay is noted for access to Greers Ferry Lake, hiking trails, and two golf courses.
The metal roof was replaced within the last year, and the air-conditioning condenser coil was also replaced. Outdoor features include a deck, porch, and guttering. Fairfield Bay is noted for access to Greers Ferry Lake, hiking trails, and two golf courses.
Key Highlights
- 1,218 square feet of single‑level living
- Two bedrooms and two full bathrooms
- Partially furnished; kitchen utensils and appliances included
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 - The furnished, single-level layout includes two full bathrooms and outdoor deck space.
Where is this residential income property located?
The property is located at 118 Richwood Drive Fairfield Bay, AR.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 1,218 square feet of single‑level living; Two bedrooms and two full bathrooms; Partially furnished; kitchen utensils and appliances included
