Where should I live in Central Arkansas?

The best place to live in Central Arkansas depends on your lifestyle, budget, schools, and commute. Little Rock offers urban amenities and diverse neighborhoods. Conway is a growing college town with strong schools. Greenbrier offers newer construction and a small-town feel. Maumelle provides master-planned living near the river. Cabot, Benton, and Bryant offer suburban affordability. A local Realtor like Ashley Watters can help you compare these areas based on your specific needs.

Are Little Rock neighborhoods very different from each other?

Yes, Little Rock neighborhoods vary significantly. Prices, housing styles, school ratings, and demand differ dramatically from one area to the next. Heights and Hillcrest are historic and walkable. West Little Rock offers newer suburbs. Chenal Valley has upscale planned communities. Understanding these differences is key to finding the right fit — the Little Rock neighborhoods guide on this site breaks it down in detail.

Is Central Arkansas a good place to relocate?

Yes, Central Arkansas is consistently ranked as one of the most affordable and livable metro areas in the South. Low cost of living, no state income tax on military retirement pay, strong job growth, and a mild climate make it attractive for families and retirees alike. It is especially popular for military families relocating to or from Little Rock Air Force Base (LRAFB).

Do I need a local Realtor when buying in Central Arkansas?

Local expertise matters significantly in Central Arkansas because each city and neighborhood behaves differently. A local Realtor understands current pricing, inventory, school zones, and negotiation norms that an out-of-area agent simply cannot match. Ashley Watters has 20+ years of combined real estate and mortgage experience across Central Arkansas.

What should military families know about buying a home near Little Rock Air Force Base?

Military families relocating to Little Rock Air Force Base (LRAFB) typically consider Jacksonville, Cabot, Sherwood, and North Little Rock for proximity to base. VA loans are available with zero down payment for eligible veterans and active duty members. Ashley Watters is a Military Relocation Professional (MRP) who specializes in helping military families navigate VA loans, BAH rates, and the LRAFB area housing market.

Can I use a VA loan to buy a home in Arkansas?

Yes, VA loans are available throughout Central Arkansas and offer significant advantages including zero down payment, no private mortgage insurance, and competitive interest rates. Ashley Watters works with VA loan-approved lenders and has extensive experience helping veterans and active-duty military members use their VA benefits to purchase homes in the Little Rock area.

What cities are near Little Rock Air Force Base?

Little Rock Air Force Base is located in Jacksonville, Arkansas, approximately 17 miles northeast of downtown Little Rock. The closest communities for base housing include Jacksonville, Cabot, Sherwood, and North Little Rock. Many military families also choose Conway (about 30 miles away) for its highly rated schools and community feel.

141 Penbay Pl

Hot Springs, AR 71901

Beds

Baths

Square Ft.

1,680

Active

Residential

Virtual Tour

$529,000

Courtesy of Keller Williams Realty The Bergeron Group, Nancy Bergeron, 817-879-2853.

Listing Snapshot

Days Online

Last Updated

Apr 14, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

1,680

Lot Size

3.24 Acres

Year Built

1978

MLS Number

26011957

Additional Details

Appliances & Equipment

Free-Standing Stove, Microwave, Dishwasher, Disposal, Refrigerator-Stays

Basement

None

Building

Built in approximately 1978, Builder: Off Lake Park Dr go west on Bayshore Dr to Peninsula Dr and turn left onto Penbay Pl., Stories: Two Story, Style: Other (see remarks)

Exterior Features

Patio, Screened Porch, Partially Fenced, Wood

Fireplaces

Woodburning-Site-Built

Floors

Carpet, Luxury Vinyl, Tile

Foundation

Slab

Home Owner's Association

Association/condo fee: $0

Heating & Cooling

Central Cool-Electric, Central Heat-Electric

Interior Features

Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Balcony/Loft, Ceiling Fan(s), Breakfast Bar

Lot

Approximately 3 acres, Approximate lot size: 141134, Wooded, Cleared, River/Lake Area, Lake View, Vista View

Parking

Garage, Side Entry, Two Car

Property

Lake: Yes, Lake name: Catherine, River name: 300-08862-000

Roof

Composition

Taxes

Annual taxes: $239, Tax year: 2025

Utilities

Sewer-Public, Septic, Water-Public, Elec-Municipal (+Entergy)

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