Arkansas real estate blends southern charm with diverse landscapes, from mountain lakefronts to bustling urban cores. Whether you’re eyeing a revitalized downtown in Bentonville or a secluded estate overlooking Beaver Lake, the state’s luxury properties balance lifestyle flexibility and natural beauty.
Let’s explore some of the most expensive homes in Arkansas and see how they define upscale living in the Natural State.
5. Bentonville, AR – $3,200,000
Completed in 2023, this 5,163 square foot property in Downtown Bentonville features 6 bedrooms and 4 bathrooms across two levels and is zoned DN-4 for multi-use. Set up as three separate units, it offers flexibility for Airbnb, rental income, or live-work arrangements, all within walking distance of the new HO and downtown core. Listed at $3,200,000, it presents a rare mixed-use investment in a high-demand location.
Where is Bentonville?
Bentonville is a city in northwest Arkansas and the headquarters of Walmart, the world’s largest retailer. It is part of the fast-growing Northwest Arkansas region and has a revitalized downtown area. The city is home to the Crystal Bridges Museum of American Art, founded by Alice Walton. Bentonville also features extensive bike trails and hosts cycling events throughout the year.
Living and Dining Room
Floor-to-ceiling windows line the far wall of the living and dining room, revealing a full view of the neighborhood outside. A white sectional sofa and low-profile coffee table face the TV, while a black dining table with high-back chairs sits under a cluster of pendant lights. Pale wood flooring ties both zones together in a shared open-plan layout.
Kitchen
Matte black cabinetry and stainless steel appliances frame the kitchen, with a long light-toned island creating contrast. Four woven barstools line one side of the island under a slim modern pendant light. Open shelving, sleek hardware, and recessed lighting complete the contemporary design.
Bedroom
Soft rugs and cushioned furniture define the bedroom, where a white bed with layered pillows rests beneath centered lighting. A sofa along one wall and a wooden bench at the foot of the bed add extra seating. Walls and curtains are kept light, emphasizing the openness of the room.
Bathroom
Glossy tile floors and a frameless glass shower give the bathroom a clean and minimal appearance. A freestanding soaking tub sits beneath a large window, across from a long floating vanity with dual sinks. Subtle wall lighting and neutral finishes create a soft, spa-like effect.
Reception / Work Area
A central desk with a stone-style accent wall anchors the area, flanked by seating arrangements and abstract art. A white sofa and matching ottomans sit around a round glass coffee table, with decorative plants placed throughout. Spotlights and clean lines give the space a modern, professional look.
Listing agent: Kimberly Wilichowski of 1 Percent Lists Arkansas Real Estate, info provided by Coldwell Banker Realty
4. Heber Springs, AR – $4,200,000
Built in 2022, this 4,058 square foot estate in Heber Springs includes 5 bedrooms and 5 bathrooms and sits on 15 acres with expansive lake views. The property features an in-law suite, a generator, safe room, and a 40′ x 50′ shop with office, laundry, and lake view. Listed at $4,200,000, it combines modern construction, privacy, and versatile living space behind a gated entry.
Where is Heber Springs?
Heber Springs is a city in north-central Arkansas, located in Cleburne County near Greers Ferry Lake. The area is known for water recreation, including boating, fishing, and swimming. It was originally established as a health resort around natural springs. Heber Springs also hosts the annual World Championship Cardboard Boat Races.
Living Room
Full-height windows stretch across two stories of the living room, offering uninterrupted views of the water. A black fireplace wall anchors the space, surrounded by mixed seating and indoor plants. Dining chairs line a nearby table beneath the open loft above.
Kitchen
Dark stools line a central island in the kitchen, backed by patterned backsplash tile and walnut cabinetry. Stainless steel appliances and pendant lights complete the modern layout. A large refrigerator and sliding glass door connect the space to other parts of the house.
Primary Bedroom
Tall windows and sliding doors open the primary bedroom to treetop views and a private balcony. A four-poster bed, neutral rug, and reflective surfaces emphasize the clean, bright style. A doorway on one side leads directly into the en suite bathroom.
Primary Bathroom
A freestanding tub faces a full-length window in the primary bathroom, which also includes a walk-in glass shower and dual-sink vanity. Marble floors and modern fixtures extend across the entire layout. A chandelier, fur bench, and soft finishes complete the luxurious feel.
Covered Patio
Wicker seating and a stone fireplace define the covered patio, arranged beside a large dining table and surrounding plants. Ceiling fans and a wood-paneled ceiling offer comfort and shade throughout. Railings line the edge of the space, overlooking the water beyond the trees.
Listing agent: Mark Mckenzie of Mckenzie Realty Group, info provided by Coldwell Banker Realty
3. Hot Springs, AR – $4,250,000
Perched on a 2.12-acre point along Lake Hamilton in Hot Springs, Arkansas, this 4,992 square foot home built in 1950 offers 5 bedrooms and 3 bathrooms. The property features over 1,081 feet of waterfront, a boathouse with two private slips, and expansive decks for outdoor enjoyment. Priced at $4,250,000, it combines vintage finishes with panoramic lake views and direct water access.
Where is Hot Springs?
Hot Springs is a city in central Arkansas, located in the Ouachita Mountains. It’s known for Hot Springs National Park, which features historic bathhouses built over natural thermal springs. The city has a history as a health resort and a former gathering place for gangsters in the early 20th century. Hot Springs also hosts the Oaklawn Racing Casino Resort and the annual World’s Shortest St. Patrick’s Day Parade.
Great Room
Floor-to-ceiling windows and French doors wrap the great room, opening views to the water on two sides. A piano, seating areas, and large rugs are arranged beneath wood-paneled ceilings with an open loft above. Light from multiple directions reflects off the tiled floor and wood-paneled walls.
Lounge
Clustered armchairs and a glass coffee table define the lakefront sitting area, which is surrounded by six full-length glass doors. Each seating position faces the water, making use of the panoramic view. Natural wood tones and a patterned rug bring warmth to the layout.
Library Room
Wall-to-wall bookshelves and a tiled fireplace establish the library room, where a traditional layout includes vintage armchairs and a long sofa. An open passage connects to the adjacent sitting room, extending the lake view into this space. Neutral tones dominate the walls and carpet, creating a calm reading environment.
Bedroom
Exposed beams and wood paneling line the ceiling and walls in the bedroom, which includes a built-in wooden wall unit and light carpeting. A bed anchors the space between dual nightstands and a small lounge area with matching chairs. Large windows and a folding screen bring in natural light and forest views.
Lakeside Deck
Stretching across the water’s edge, the lakeside deck includes lounge chairs and a path leading to a boathouse structure with covered slips. Built-in stairs lead from the grassy lawn down to the dock surface. Green awnings and railing define the edges of the structure above the waterline.
Listing agent: George Dooley of Trademark Real Estate, Inc., info provided by Coldwell Banker Realty
2. Fort Smith, AR – $4,575,000
Set on 2 acres, this 5,627 square foot gated residence built in 1946 features 4 bedrooms and 5 bathrooms and has been fully renovated with high-end finishes. The home includes a walk-in sauna, saltwater pool, and a basketball/pickleball court, along with smart automation and custom interior design. Listed at $4,575,000, it blends historic structure with modern luxury and curated amenities throughout.
Where is Fort Smith?
Fort Smith is a city in western Arkansas, located along the Arkansas River and bordering Oklahoma. It began as a military post in 1817 and played a role in westward expansion and frontier law enforcement. The city houses the Fort Smith National Historic Site and a section of the Trail of Tears. Fort Smith is a regional hub for manufacturing, healthcare, and transportation.
Lounge
Bright upholstery and sculptural decor anchor the sitting room, where curved armchairs and a bold blue coffee table face the entry. An arched doorway leads to a darker-toned room with a fireplace, adding visual contrast. Layered rugs, colorful art, and natural light shape the vibrant design.
Home Bar
Carved wood cabinetry and geometric paneling define the home bar, which sits elevated by a short step from the adjacent room. A mirrored back wall with brass shelving displays bottles and glassware, while a stained glass window adds color above the sink. Four patterned stools line the marble-topped counter.
Bedroom
Deep blue walls and gold ceilings surround the bedroom, centered around a low-profile bed layered with mixed-texture bedding. Large windows bring in light near the foot of the bed, flanked by bright red nightstands. Wall sconces, abstract art, and a patterned rug finish the bold, eclectic look.
Office
Built-in wooden bookshelves fill the back wall of the office, surrounding a traditional writing desk with turned legs and drawers. Dark tufted leather panels cover the doors on either side, matching the rich wood tones throughout. Small decor pieces and books with classic bindings line every shelf.
Backyard
Stone walkways and manicured hedges outline the backyard, which centers around a rectangular in-ground pool with lounge seating on each end. A large brick patio connects the house to a dining area, outdoor fireplace, and multiple conversation spots. Curved driveways and formal landscaping complete the elegant layout.
Listing agent: Carrington Team of Sagely & Edwards Realtors, info provided by Coldwell Banker Realty
1. Rogers, AR – $5,999,999
Covering 41.05 acres on Beaver Lake, this property includes two residential homes and a foundation for a third, totaling 15,600 square feet with 9 bedrooms and 11 bathrooms. Built in 2024, the main completed home is over 2,600 square feet with 3 bedrooms and 3 bathrooms, while the partially finished barndominium spans over 15,000 square feet with 6 bedrooms and 7.5 bathrooms. Listed at $5,999,999, the property also features two boat slips, RV hookups, a whole-house generator, and a custom gated entrance.
Where is Rogers?
Rogers is a city in northwest Arkansas, located in Benton County within the Ozark Mountains. It is part of the rapidly growing Northwest Arkansas metro area and home to the first Walmart store, which opened in 1962. The city has a historic downtown and access to outdoor recreation at nearby Beaver Lake. Rogers also hosts cultural venues like the Walmart AMP and the Rogers Historical Museum.
Kitchen
Waterfall-edge marble countertops wrap the kitchen island, paired with green velvet barstools along one side. Dark green cabinetry, exposed beams, and stainless steel appliances frame the cooking space against a backdrop of white tile and windows. A sliding door opens to the covered patio with a view of the treetops.
Bedroom
Ceiling beams and a large modern fan draw the eye upward in the bedroom, where soft neutral tones create a clean atmosphere. A flat-screen TV and electric fireplace are mounted opposite the bed, with tall storage built into the adjacent wall. Two windows bring in light from the wooded view outside.
Bathroom
A freestanding tub sits beneath a wide window in the bathroom, flanked by sleek tile surfaces on the walls and floor. Frameless glass encloses the walk-in shower nearby, equipped with matte black fixtures. Clean lines and soft lighting maintain a minimalist, modern design.
Screened Patio
Framed by tall brick columns, the screened patio includes lounge chairs and a dining table set on textured flooring. Ceiling fans hang above, providing comfort while overlooking the tree canopy. A grill sits against the wall, positioned near a door that leads back inside.
Aerial View
Surrounded by lakes and dense forest, the hilltop property sits at the end of a private road with clear access from below. Several buildings are spaced across the clearing, positioned to overlook the water and wooded areas. Clusters of homes and docks line the nearby shorelines in the distance.
Listing agent: Mg Realty Group of Keller Williams Market Pro Realty Branch Offic, info provided by Coldwell Banker Realty
