A $5 million home in Arkansas isn’t just about luxury, it’s about space, privacy, and a deep connection to the state’s stunning landscapes. From secluded estates tucked into the Ozark Mountains to lakefront retreats with private docks, these properties offer a lifestyle that balances elegance with the great outdoors. Whether it’s a modern masterpiece in Little Rock, a historic estate with Southern charm, or a sprawling ranch with miles of open land, each home showcases a different side of high-end living in the Natural State. With features like resort-style pools, custom-built interiors, and expansive outdoor entertaining spaces, these homes redefine what luxury means in Arkansas. Take a look at five extraordinary properties that highlight what $5 million can buy in this diverse and scenic state.
5. Fort Smith, AR – $4,575,000

Situated on two acres, this 5,627 sq ft home in Fort Smith, AR, is valued at $4,575,000 and features 4 bedrooms and 5 baths. Originally built in 1946, the home has been refined with sophisticated surfaces, including marble, soapstone, quartzite, and home automation that controls lighting, drapery, and sound. The primary suite offers a walk-in sauna, while the property includes a saltwater pool and a basketball/pickleball court for recreation. Four fireplaces, designer lighting, hand-painted wallpaper, and bespoke furnishings enhance the interior, which is offered fully furnished. Additional amenities include a main-level bar for entertaining, a private upstairs library, Marvin wood windows and doors, and a comprehensive security and surveillance system.
Where is Fort Smith, AR?

Fort Smith, Arkansas, is located in Sebastian County in the western part of the state, along the Arkansas-Oklahoma border. It lies approximately 160 miles west of Little Rock, 60 miles south of Fayetteville, and about 180 miles east of Oklahoma City. Positioned at the intersection of Interstates 40 and 540, Fort Smith sits along the Arkansas River, historically serving as a key military outpost and frontier town. The city is home to the Fort Smith National Historic Site, which preserves its Old West heritage, as well as cultural attractions like the U.S. Marshals Museum. With a blend of history, industry, and access to outdoor recreation in the Ozarks, Fort Smith remains a significant regional hub.
Living Room

The living room centers around a fireplace with a dark wood mantel, framed by tall windows and floor-length curtains. A seating arrangement surrounds a central table, with a patterned rug grounding the space. Designed for both comfort and function, this home includes 4 bedrooms and 5 bathrooms.
Kitchen

The kitchen features dark cabinetry with gold accents, a professional-grade gas range, and a statement vent hood. Open shelving keeps dishware within reach, while an island extends the counter space. Offering 4 bedrooms and 5 bathrooms, this home includes a well-equipped kitchen tailored for home cooking.
Bar Area

The bar area showcases wood paneling, a mirrored backsplash, and built-in shelving for glassware and spirits. A counter with barstool seating creates a space for serving drinks and entertaining. Within this 4-bedroom, 5-bathroom residence, dedicated areas enhance the home’s functionality.
Lounge

The lounge is designed with a wraparound sectional, arranged around a set of metallic accent tables. Wood-paneled walls and ceiling details define the space, while large windows allow for natural light. With 4 bedrooms and 5 bathrooms, this home offers multiple spaces for relaxation.
Bedroom

The bedroom features a fabric-upholstered bed against a navy accent wall, flanked by built-in sconces. A large area rug anchors the space, while windows bring in natural light. This residence includes 4 bedrooms and 5 bathrooms, providing well-designed private retreats.
Outdoor Patio

The outdoor patio extends from the home with brick paving, seating areas, and a dining table. Exterior lighting fixtures highlight the space, while a stone facade integrates with the home’s architecture. Complete with 4 bedrooms and 5 bathrooms, this home includes outdoor areas suited for entertaining.
Source: Carrington Team @ Sagely & Edwards Realtors via Coldwell Banker Realty
4. Bentonville, AR – $4,600,000

This 4,700 sq ft Victorian-style property in Bentonville, AR, is valued at $4,600,000 and features 7 bedrooms and 8 baths. Built in 2004, the home showcases intricate woodwork, custom crown molding, and a grand chandelier over the entry and staircase. Each of the seven suites is uniquely designed to reflect a different historical period, with three suites featuring fireplaces and private bath suites. Three Romeo & Juliet porches add to the home’s architectural charm, offering outdoor spaces with classic appeal. Zoned as a commercial property on the edge of downtown Bentonville, this residence blends historic inspiration with modern functionality.
Where is Bentonville, AR?

Bentonville, Arkansas, is located in Benton County in the northwestern part of the state. It lies approximately 25 miles north of Fayetteville, 215 miles northwest of Little Rock, and about 95 miles southeast of Joplin, Missouri. Positioned along Interstate 49, Bentonville is best known as the headquarters of Walmart, shaping its growth into a thriving business and cultural hub. The city features attractions such as the Crystal Bridges Museum of American Art, the Walmart Museum, and an extensive network of mountain biking trails. With a mix of economic opportunity, outdoor recreation, and a growing arts scene, Bentonville has become one of the fastest-growing cities in Arkansas.
Entryway

The entryway features a grand staircase with detailed woodwork, complemented by a stained-glass front door. A high ceiling with exposed beams and an upper-level balcony adds depth to the space. This 7-bedroom, 8-bath home is designed with intricate finishes throughout.
Dining Room

The dining room centers around a long wood table, positioned near a fireplace with decorative molding. Stained glass windows and coffered ceilings enhance the setting. With 7 bedrooms and 8 baths, this residence offers a layout suited for gatherings.
Breakfast Nook

A breakfast nook sits by large windows with stained glass accents, allowing natural light to highlight the detailed ceiling design. A chandelier hangs over the seating area, adding a defined focal point. This home, featuring 7 bedrooms and 8 baths, incorporates handcrafted details in every space.
Kitchen

The kitchen includes custom cabinetry, a coffered ceiling, and built-in storage. A large island with dual sinks provides a functional workspace, while decorative lighting fixtures complete the design. Spanning 7 bedrooms and 8 baths, this home combines style with efficiency.
Primary Bedroom

The primary bedroom showcases a carved ceiling, built-in storage, and a seating area. Wood flooring extends throughout, and large windows bring in natural light. With 7 bedrooms and 8 baths, the home prioritizes both elegance and comfort.
En-suite Bathroom

An en-suite bathroom features a soaking tub with detailed paneling, set against tiled walls. Ornate wood trim continues throughout, maintaining consistency with the bedroom’s aesthetic. This 7-bed, 8-bath home integrates intricate design elements across all living spaces.
3. Eureka Springs, AR – $4,700,000

This 28,016 sq ft lodging property in Eureka Springs, AR, is valued at $4,700,000 and includes 34 bedrooms and 27 baths across 17 guest lodgings and a storage garage. The accommodations consist of 11 log cabins and six adjoining suites, ranging from 1 to 5 bedrooms, all fully furnished with stocked kitchens and outdoor furniture. Eight units feature outdoor hot tubs, while all lodgings have covered exterior decks on each level, and all except the 1-bedroom units include washers and dryers. The sale includes all furnishings, cabin supplies, furniture, hot tubs, gas grills, and grounds maintenance equipment. Designed for comfort and convenience, this property offers a turnkey opportunity in a sought-after destination.
Where is Eureka Springs, AR?

Eureka Springs, Arkansas, is located in Carroll County in the northwestern part of the state. It lies approximately 50 miles northwest of Fayetteville, 55 miles southwest of Branson, Missouri, and about 200 miles northwest of Little Rock. Nestled in the Ozark Mountains along U.S. Highway 62, Eureka Springs is known for its preserved Victorian architecture, winding streets, and natural springs. The city features attractions such as the Thorncrown Chapel, Basin Spring Park, and the Passion Play, making it a popular destination for history, arts, and outdoor recreation. With its vibrant downtown, boutique shops, and access to hiking, fishing, and scenic drives, Eureka Springs remains a unique and charming retreat in Arkansas.
Living Room

The living room features wood-paneled walls and ceilings, creating a cohesive design throughout the space. A stone fireplace serves as a central feature, positioned between seating areas that accommodate large gatherings. This lodging house, offering 34 bedrooms and 27 bathrooms, is designed to host multiple guests comfortably.
Dining Area

A dining area sits adjacent to large windows, allowing natural light to fill the space. A wooden table with matching chairs provides seating while sliding doors lead to an outdoor deck with scenic views. This 34-bedroom, 27-bathroom property includes multiple dining spaces for guests.
Kitchen and Breakfast Bar

The kitchen includes wood cabinetry, modern appliances, and a tiled breakfast bar. Overhead lighting fixtures illuminate the space, while an open layout connects the kitchen to the dining and living areas. With 34 bedrooms and 27 bathrooms, this lodging house is structured for efficiency and convenience.
Bedroom

A bedroom features wood-accented walls and direct access to an outdoor balcony. Large windows frame the landscape, and built-in lighting enhances functionality. As part of this 34-bedroom, 27-bathroom property, guest accommodations are arranged for privacy and comfort.
Bathroom

The bathroom integrates wood paneling with tiled flooring, complementing the overall design of the home. A built-in tub and shower area provide essential amenities, ensuring practical use. With 27 bathrooms across the property, this lodging house supports high occupancy with ease.
Guest Suite with Kitchenette

A guest suite includes a kitchenette with a breakfast bar, seating area, and access to outdoor spaces. Exposed beams add to the character of the space while maintaining a practical layout. This 34-bedroom, 27-bathroom lodging house incorporates independent guest spaces within its design.
Game Room

A game room is positioned with large windows offering expansive views. A pool table sits at the center, accompanied by a seating area and bar. This property, with 34 bedrooms and 27 bathrooms, is structured to provide a mix of entertainment and relaxation areas for guests.
Source: Glenn Crenshaw & Mary Ann Wooten @ All Seasons Real Estate via Coldwell Banker Realty
2. Siloam Springs, AR – $4,500,000

Located in Siloam Springs, AR, this 25,264 sq ft investment property is valued at $4,500,000 and consists of 16 fully leased homes built between 2022 and 2023. Each residence is designed with modern features, including granite countertops, a pantry, wood closet shelving, and an attached two-car garage. Privacy fences provide separation for each home, ensuring comfort and security for tenants. Well-maintained and income-generating, this portfolio offers a turnkey opportunity for investors. With quality construction and long-term rental appeal, it stands as a strong asset in a growing market.
Where is Siloam Springs, AR?

Siloam Springs, Arkansas, is located in Benton County in the northwestern part of the state. It lies approximately 30 miles west of Fayetteville, 85 miles east of Tulsa, Oklahoma, and about 200 miles northwest of Little Rock. Positioned along U.S. Highway 412 near the Arkansas-Oklahoma border, Siloam Springs is known for its historic downtown, natural springs, and vibrant community. The city is home to John Brown University and features attractions like Sager Creek, the Dogwood Springs Walking Trail, and nearby outdoor recreation at the Illinois River. With a blend of small-town charm, economic growth, and scenic beauty, Siloam Springs offers a balance of history, nature, and modern development.
Dining Area & Kitchen

The open dining area connects to the kitchen, featuring a central island with a built-in sink and overhead pendant lights. Large windows and a glass door provide natural light and access to the backyard. This home spans 25,264 sq ft, offering a well-structured layout for functional living.
Bathroom

A double vanity with a granite countertop and arched mirrors defines this bathroom. The space includes a bathtub with a built-in shower, recessed lighting, and a private water closet. Covering 25,264 sq ft, the home is designed with convenience and comfort in mind.
Kitchen

The kitchen includes a breakfast bar, stainless steel appliances, and custom cabinetry with ample storage. Pendant lighting and recessed fixtures illuminate the space, complementing the tiled flooring. Within this 25,264 sq ft residence, the kitchen is a focal point for daily activities.
Source: Bart Hester @ Third Street Realty Services via Coldwell Banker Realty
1. Springdale, AR – $4,975,000

Set on over 7 acres, this 9,424 sq ft home in Springdale, AR, is valued at $4,975,000 and features 6 bedrooms and 7 baths. Recently remodeled, the home includes architectural ceilings, energy-efficient Anderson windows, expansive decks, a new roof and HVAC system, and a gourmet kitchen with premium appliances. The first-floor primary suite offers a luxury bath with tranquil views, while the property is on a 4-bedroom septic system. A 1,800 sq ft building provides space for an art studio, yoga room, gym, or guesthouse, offering flexibility for various uses. The surrounding land and stable allow for equestrian activities, gardens, a pool, or pickleball courts, making it ideal for those seeking both nature and convenience.
Where is Springdale, AR?

Springdale, Arkansas, is located in Washington and Benton counties in the northwestern part of the state. It lies approximately 10 miles north of Fayetteville, 15 miles south of Bentonville, and about 200 miles northwest of Little Rock. Positioned along Interstate 49, Springdale is a major economic and transportation hub in the region, home to the headquarters of Tyson Foods, one of the world’s largest meat producers. The city features attractions such as the Arkansas & Missouri Railroad, the Jones Center, and Arvest Ballpark, home of the Northwest Arkansas Naturals minor league baseball team. With a mix of industry, cultural diversity, and access to outdoor recreation in the Ozarks, Springdale continues to be a key part of the rapidly growing Northwest Arkansas metro area.
Living Room

The living room features floor-to-ceiling windows that bring in natural light and offer views of the surrounding trees and water. A built-in fireplace is integrated into a dark accent wall, contrasting with the open white walls and high ceilings. This home includes 6 bedrooms and 7 bathrooms, providing ample space throughout.
Dining Area

The dining area sits adjacent to the living space, with a spacious layout and large windows overlooking the outdoors. A high ceiling with exposed beams adds depth to the room, while an open connection to the living room creates a seamless flow. With 6 bedrooms and 7 bathrooms, this property offers a functional and open floor plan.
Kitchen

The kitchen is equipped with dark cabinetry, light countertops, and a central island with built-in appliances. An open layout connects the space to the dining and living areas, with large windows bringing in outdoor views. This home offers 6 bedrooms and 7 bathrooms, ensuring a well-balanced design for both gathering and privacy.
Bedroom

The bedroom features a large windowed wall with views of the water and surrounding trees. A neutral color palette and minimalist design allow for a relaxing atmosphere, with an attached en-suite for convenience. Designed with 6 bedrooms and 7 bathrooms, this home provides spacious accommodations.
Bathroom

The bathroom includes a soaking tub positioned by a set of windows, a double vanity with dark cabinetry, and a neutral-toned floor. The layout offers functional storage and a bright, open design. This 6-bedroom, 7-bathroom home incorporates modern finishes throughout.
Outdoor Deck

The outdoor deck extends from the home with seating and dining space, surrounded by a natural landscape. The layout connects directly to the main living areas through sliding glass doors, making it an ideal space for indoor-outdoor living. This home features 6 bedrooms and 7 bathrooms, with a design that maximizes both interior and exterior functionality.
Source: The Duley Group @ Keller Williams Market Pro Realty – Rogers Branch via Coldwell Banker Realty