Malvern Homes under $400,000

Malvern Homes under $400,000

Welcome to Malvern, Arkansas – a charming city nestled in the heart of Hot Spring County! Known for its warm community spirit and picturesque landscapes, Malvern boasts a rich history and a vibrant culture that attracts families, professionals, and retirees alike. With its convenient location along Interstate 30, residents enjoy easy access to nearby cities while still relishing the tranquility of small-town living.

Malvern is home to a variety of recreational activities, including beautiful parks, scenic walking trails, and local events that bring the community together. The city’s friendly atmosphere is complemented by its excellent schools and healthcare facilities, making it an ideal place to raise a family or settle down for a peaceful retirement.

For those searching for affordable housing options, Malvern offers an impressive selection of homes under $400,000. From charming historic houses with character to modern family homes equipped with all the amenities, there’s something for everyone in this delightful city. The real estate market here is vibrant, providing opportunities for first-time homebuyers and seasoned investors alike.

Imagine sipping your morning coffee on a cozy porch or hosting weekend barbecues in your spacious backyard – all within your budget! With a diverse range of properties available, Malvern invites you to discover the perfect home that suits your lifestyle.

Whether you’re looking to invest, relocate, or simply explore, Malvern, Arkansas, is a hidden gem waiting to be uncovered. Come and experience the warmth and charm of this wonderful community today!

Newest Malvern Homes under $400,000

125 Boyette, Malvern
$250,000
3 Beds ⋅ 2 Baths ⋅ 26039770 MLS
Over 3,500 square feet on 3.15 acres! Built in 2020, this spacious 3-bedroom, 2-bath home offers an impressive combination of space, efficiency and versatility. Step inside to a 30x49 great room with 10-foot ceilings and an open layout, plus two additional bonus spaces offering plenty of options for an office, hobby room, game room or additional living space. The primary suite features a soaking tub, walk-in double shower and walk-through closet with direct access to the laundry room. Energy-efficient features include spray foam insulation throughout, insulated ductwork, high-efficiency 5-ton HVAC, insulated windows and doors, LED lighting and a tankless on-demand water heater. A whole-home generator provides added convenience, while wired fiber-optic internet keeps the home connected. Outside, enjoy 3.15 acres, a wraparound porch, large back deck, storage building, metal roof and LP SmartSide siding with a 50-year warranty. One bonus space also features private exterior access and an unfinished bath with materials on site for completion. 3,514 sq ft, acreage and an extensive list of features—all offered at $71 a sq ft!

125 Boyette, Malvern
13488 Highway 67, Malvern
$299,900
3 Beds ⋅ 2 Baths ⋅ 26039639 MLS
Lots of ROOM to ROAM! Come take a look at this homesteader's dream on 5+ acres just down the road from Glen Rose Schools! Recent updates include fresh downstairs paint, a remodeled upstairs bathroom, and a brand-new roof (2025) and exterior stucco in (2026) for added insulation. The 24'x30' insulated shop offers space for hobbies, vehicles, and storage while the oversized stall to the back (15'x30') back is perfect for horses or livestock, complete with a tack room! The shop has electric run through metal conduit for added durability. Originally set up for horses, the property features over 2 acres of fenced pasture with a convenient walkthrough passage connecting the front and back acreage. Mature trees surrounding the property create a peaceful, private country setting. SEE AGENT REMARKS!

13488 Highway 67, Malvern
1512 Mchenry, Malvern
$99,500
2 Beds ⋅ 1 Baths ⋅ 26039581 MLS
Move-in ready and completely remodeled in 2026! This 2-bedroom, 1-bath home offers 928 square feet with extensive updates throughout. Improvements include new double-pane energy-efficient windows, a new metal roof, and a new mini-split heating and air system. The home is primarily electric, with a gas water heater. The electric stove and refrigerator will remain with the property. Outside, enjoy a chain-link fenced backyard with plenty of space for pets, play, or outdoor entertaining. With the major updates already completed, this home is ready for its next owner!

1512 Mchenry, Malvern
620 Edward, Malvern
$118,000
2 Beds ⋅ 1 Baths ⋅ 26039454 MLS
COMPLETELY REMODELED DOWN TO THE STUDS AND INSULATION EVEN! Make your appointment today to see this GEM!! It has everything you need and all new!! The kitchen and bathroom are beautiful!! All the new windows let in so much light! So much value!!!

620 Edward, Malvern
1900 Fox Run, Malvern
$370,000
3 Beds ⋅ 2 Baths ⋅ 26039023 MLS
Built in 2023, this 3-bedroom, 2-bath home just outside Malvern pairs modern comfort with a relaxed outdoor lifestyle. The open-concept living and kitchen areas are ready for everyday living and entertaining. Inside, find soft-close cabinets and drawers, a spacious laundry room, an oversized primary closet, and a primary suite with a walk-in shower. The fenced backyard is an inviting retreat, complete with a fireplace, seating area, and a separate fenced dog run with its own entrance into the home and a pet-wash area. Added sod, drainage improvements, a downspout, an 8-foot privacy fence along one side, and gutter guards add practical touches. Smart features include Ring cameras, Wi-Fi light switches and electronic deadbolts, a Wi-Fi garage door opener, motion lights in the attic, and Cat 6e cable run to every room, with TVs connected to the ports. A frost-free hose bib at the meter is another thoughtful addition. Less than a mile from the Ouachita River Whitewater Park and close to shopping, restaurants, and Interstate 30, this home offers comfort, convenience, and room to enjoy the outdoors.

1900 Fox Run, Malvern
180 Abby, Malvern
$239,900
3 Beds ⋅ 2 Baths ⋅ 26038863 MLS
Charming 3-bedroom, 2-bath home situated on a large 1-acre lot has beautiful views overlooking a nearby pond & mountains. Located in the Bismarck School District, there is plenty of room to expand, add a shop or create additional outdoor space. This well-maintained home features a convenient laundry room and a spacious 2-car garage. Updates include new roof less than five years old, HVAC replaced in last 18 months, and the hot water heater is one year old. Located in a small subdivision with a community atmosphere.

180 Abby, Malvern
1724 Regency, Malvern
$295,000
3 Beds ⋅ 3 Baths ⋅ 26038796 MLS
Beautiful, well-maintained home situated on a corner lot in desirable Royal Oaks Subdivision, with an additional lot in the back! The backyard is a peaceful retreat surrounded by mature trees, a wood privacy fence and a covered deck—perfect for relaxing or entertaining. Inside, you’ll find hardwood flooring throughout the main living areas, tile in the wet areas and den, and a spacious kitchen/breakfast area featuring granite countertops. The formal living area showcases a full wall of beautiful built-in cabinetry and an entertainment center. The large primary suite offers a spacious walk-in closet plus an additional closet, double vanities, walk-in shower and a large corner jetted tub. Additional features include a sprinkler system, inviting front porch and attractive landscaping. Exceptionally clean and well cared for in a beautiful neighborhood with curbed streets. 30 minutes from Hot Springs National Park.

1724 Regency, Malvern
910 Keith, Malvern
$54,500
3 Beds ⋅ 1 Baths ⋅ 26038610 MLS
Majority completed investment opportunity on a quiet street in Malvern. Upgrades include - New roof, plumbing, electrical, windows, sub floor, landscaping, and HVAC. The hard part is done- your turn to make this blank slate into another income stream in your portfolio. ARV estimated 120k-140k. Agents see remarks

910 Keith, Malvern
1108 Wilson, Malvern
$120,000
2 Beds ⋅ 1 Baths ⋅ 26038351 MLS
This adorable 2-bedroom, 1-bath bungalow is full of charm and ready for its next owner! The home features a gas cook range, central heat and air, and blown-in attic insulation for added energy efficiency. Several important updates have already been taken care of, including updated plumbing and electrical work. The HVAC system has been checked, and the roof is approximately five years old. Outside, you’ll love the large fenced backyard—perfect for pets, entertaining, gardening, or simply enjoying your own private outdoor space. Cute, comfortable, and full of character, this bungalow would make a wonderful first home, downsizing option, or investment property. Come see just how charming it is in person! And under the home is more of a cellar so you can have more storage.

1108 Wilson, Malvern
1728 Regal, Malvern
$375,000
4 Beds ⋅ 3 Baths ⋅ 26038313 MLS
Welcome home to this spacious 4 bedroom, 3 bath brick home situated on a large corner lot in Royal Oaks Subdivision! A circle drive and double front doors welcome you into a grand foyer with a beautiful staircase and abundant natural light. The main level features a formal dining room and spacious living area with tall ceilings and a wood-burning fireplace. The kitchen offers tons of cabinetry, pantry, built-in wall oven and microwave, cooktop island, built-in desk, plus a coffee bar area with an additional sink. The primary suite is downstairs and features a jetted tub, walk-in shower, dual vanities, and spacious walk-in closet. A second bedroom is also downstairs, with 2 additional bedrooms upstairs. You'll also find an unfinished bonus space ready to become an office, game room, hobby room, or additional flex space. Enjoy NO carpet, hidden storage throughout, a walk-in laundry room with built-ins, 2 HVAC units, 2 water heaters, and refrigerator that conveys. Outside features a privacy-fenced backyard, deck, and 2 car garage. Rural Development eligible!

1728 Regal, Malvern
292 Easy, Malvern
$330,000
2 Beds ⋅ 2 Baths ⋅ 26037976 MLS
Beautiful custom Shopdominium on 3.01 private acres offering the perfect blend of modern comfort and country charm! This unique 2 bedroom, 2 bath home features approximately 2,400 SF under one roof with 1,200 SF of living space and a massive 1,200 SF attached shop/garage. Inside you’ll love the soaring ceilings, abundant natural light, propane gas stove for cooking, stylish kitchen with farmhouse sink, beautiful countertops, coffee bar, bar area, oversized laundry room, tankless water heater, and generous storage throughout. Tinted windows allow tons of light while reducing glare and heat. Both bedrooms feature semi walk-in closets and double doors leading directly to the fully covered wraparound porch where you can enjoy breathtaking sunrises and sunsets in total privacy. The attached shop is loaded with extras including a tall garage door, additional cabinetry, hot/cold wash faucet, and plenty of workspace. Outside you’ll find a huge carport, U-shaped driveway, ample parking, all concrete slab construction, plenty of firewood, and peaceful country views in every direction. Quiet, private, and full of character — this one is truly a rare find!

292 Easy, Malvern
903 Owen, Malvern
$59,900
3 Beds ⋅ 2 Baths ⋅ 26037883 MLS
Check out Hubzu! Opportunity awaits here in Malvern! This home offers a spacious floor plan with additional upstairs living space and sits on a large, shaded lot surrounded by mature trees. The property is ready for a new owner to bring their ideas and improvements to life. Interior updates, repairs and cleanout are needed, providing an opportunity to customize the home to fit your vision. Property is being sold AS-IS, WHERE-IS. Buyer should independently verify property condition, measurements and all information deemed important. Come see the possibilities this property has to offer!

903 Owen, Malvern
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