701 Ridgeway St, Hot Springs, AR, 71901
About This Home
Extraordinary 7,628 sq. ft. estate on 7.1 level acres in Hot Springs offering luxury, versatility, and endless potential. The main home features 4 estate-sized bedrooms, 5.5 baths, soaring 25’ ceilings, and dramatic walls of windows that fill the expansive living spaces with natural light. A beautifully landscaped swimming pool creates a private resort-style retreat. Additional highlights include a 4-car garage with a small upstairs apartment, a 30x70 shop with solar panels to offset electricity costs, and a detached guest house for added flexibility. The property also includes a separate 2,044 sq. ft. home with 3 bedrooms and 2 baths—ideal for rental income or extended family. With 7.1 acres of usable land, there’s room for additional homes, a barn with horses, or future development. A rare opportunity combining luxury living, income potential, and room to grow—all in one exceptional Hot Springs property.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1985
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick,Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Double Oven,Microwave,Surface Range,Dishwasher,Disposal,Bar Fridge,Ice Maker
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 10
- Full bathrooms: 9
- 1/2 bathrooms: 1
Dining Room
- Features: Separate Dining Room,Separate Breakfast Rm,Breakfast Bar
Features
- Pantry,2 Bedrooms Upper Level
- Flooring: Carpet,Tile
- Fireplace features: Three or More
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric,Zoned
- Cooling features: Electric
Interior Area
- Total structure area: 9,672
- Total interior livable area: 9,672 sqft
Property
Details
- Parcel number: 30006099000
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Porch
- Fencing: Full
Lot
- Lot size: 7.10 Acres
- Features: Level
Parking
- Parking features: Garage Apartment,Other
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Tornado
- Hail
- Heat Wave
- Lightning
- Strong Wind
- Winter Weather
- Earthquake
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,096 | $109,152 |
| Home Insurance | $1,373 | $16,476 |
| Property Taxes | $719 | $8,628 |
| Electricity | $700 | $8,405 |
| Total | $11,888 | $142,656 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Price change | $1,799,000 |
| 2026-02-19 | Listed for sale | $1,999,000 |
| 2021-02-01 | Sold | $675,000 |
| 2021-01-06 | Contingent | $719,000 |
| 2020-10-15 | Price change | $719,000 |
| 2020-07-22 | Listed for sale | $799,900 |
| 2002-12-02 | Sold | $468,000 |
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