Waterfront Townhome with Private
8 Opalo Place Hot Springs Village, AR 71909
8 Opalo Place, Hot Springs Village, AR, 71909
$319,900
For Sale
$319,900
TOWNHOME - Hot Springs Village, AR
Property Size1,916 SF
Lot Size3.00 Acres
Price / SF$166.96
Days on Market9
Property Features for 8 Opalo Place
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Office, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
- Interior features
- Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Furnished, Kit Counter- Granite Slab
- Exterior features
- Guttering
- Appliances
- Free-Standing Stove, Microwave, Dishwasher, Refrigerator-Stays
- Standard status
- Active
- Size
- 1,916 SF
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 4 Block 4 Coronado Courts
- Tax Annual Amount
- 1653
Utilities
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1977
- Flooring type
- Laminate
- Roof type
- Composition
- Architectural style
- Other
Listing agency
McGraw Realtors - HSV
(501) 922-0707
Listed by
Rick Marshall
(501) 601-7425
Added: Jul 14 Updated: Jul 21 at 3:15AM Checked: Jul 22 at 5:06PM
MLS# 26028459
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 fully furnished waterfront townhome includes a dock and lake views, with recent interior updates. The home features remodeled granite counters in the kitchen and both bathrooms, updated flooring and baths, and a walk-in shower. There are 3 bedrooms and 2 bathrooms plus a bonus room. Two sunrooms are included: one adjoins the upstairs living area and primary bedroom, and the other is a glassed-in sunroom off the guest bedrooms that is not heated. The property includes a 20' x 20' swim dock and comes with a newer roof (installed in 2022) and a new water heater.
Located in Hot Springs Village, a gated community with 11 lakes and 9 golf courses, residents have access to multiple recreational amenities including tennis, pickleball, the Coronado Fitness Center, indoor and outdoor pools, and walking trails. The listing also notes that a virtual tour from 2024 is available and that the property was featured on HGTV’s “My Lottery Dream Home” (Season 17, Episode 1).
Located in Hot Springs Village, a gated community with 11 lakes and 9 golf courses, residents have access to multiple recreational amenities including tennis, pickleball, the Coronado Fitness Center, indoor and outdoor pools, and walking trails. The listing also notes that a virtual tour from 2024 is available and that the property was featured on HGTV’s “My Lottery Dream Home” (Season 17, Episode 1).
Key Highlights
- Lakefront townhome on Lake Coronado with a dock and access to lake views
- 3 bed, 2 bath layout plus bonus room; includes a furnished interior
- Updated kitchen and both bathrooms with granite slab counters; walk‑in shower
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.5k | $10.20 |
| − Vacancy | −$1.5k | −$0.77 |
| EGI | $18.1k | $9.44 |
| − OpEx | −$5.4k | −$2.83 |
| NOI | $12.7k | $6.60 |
1,916 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$180.8K
$158.2K – $210.9K
NOI $12,654 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$168.9K
$147.8K – $197.1K
NOI $11,824 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$350.4K
$306.6K – $408.8K
NOI $24,528 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully furnished lakefront townhome with a dock, remodeled kitchen and baths, plus two sunrooms and 3 bedrooms.
Where is this duplex located?
The property is located at 8 Opalo Place Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Lakefront townhome on Lake Coronado with a dock and access to lake views; 3 bed, 2 bath layout plus bonus room; includes a furnished interior; Updated kitchen and both bathrooms with granite slab counters; walk‑in shower
