Multi-Family: MLS #26022741 Hot Springs, AR $ 1,500,000
Multi-Family: MLS #26022741
$ 1,500,000
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Multi-Family: MLS #26022741

Hot Springs, AR, 71913
$ 1,500,000
Baths0.0 Sq 999,999

Monthly Estimate*

$ 9,236

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Studio

Multi-Family Home for sale in Hot Springs, AR

for $1,500,000. This 999,999 square foot home was built in 1955 on a lot size of 0.9.

Discover an exceptional income-producing property on the shores of beautiful Lake Hamilton. This unique waterfront resort features eight individual guest cottages plus a modern three-story owner’s residence that can also be utilized as a premium rental, creating multiple streams of revenue and endless possibilities for expansion. The charming cottages offer a variety of accommodations, including studio units, a lovely one bedroom with carport, & a spacious 2 bedroom right on the water. Making this property appealing to vacationers, weekend lake enthusiasts, and extended-stay guests alike. A covered two-slip boat dock & swim dock provide direct access to the lake, allowing guests to fully enjoy the waterfront lifestyle. The owner’s residence is thoughtfully designed with modern finishes and stunning lake views. The first level includes a one-car garage, bathroom, storage room for owner. It also includes private access to a dedicated laundry facility serving the resort guests. The second level features an inviting living area with contemporary touches, a fireplace,large walk-in closet, bedroom, bathroom & two private balconies overlooking the property. Cont'd in inner office rmrks.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,604

Style

Bungalow/Cottage

Lot Size

0.9

Year Built

1955

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

26022741

Features
General
Heating Central Cool-Electric
Utilities Water-Public Electric-Co-op Gas-Natural
Roof Metal
Garage Garage One Car Assigned
Zoning R
Year Built 1955
Tenant Pays Other (see remarks)
Subdivision Clifton Lake AR
Style Bungalow/Cottage
Stories Count Other (see remarks)
County Garland
Class Multi-Family
Type Apartments
Tax Year 2026
Inside City Limits No
Status New Listing
Sale/Rent For Sale
Status Detail 1
Docs on File Lead Based Paint Property Disclosure Other (see remarks)
Primary City Hot Springs
Directions Central Ave/ 7 South Turn down Lakeland Drive Follow to 350 Lakeland Drive. This will take you to Summit Apts. drive through the parking lot to get to 352Lakeland Drive.
City Hot Springs
DOM 2
Postal Code 71913
Price Per Sq Ft Total AG 1.5
Public Remarks Discover an exceptional income-producing property on the shores of beautiful Lake Hamilton. This unique waterfront resort features eight individual guest cottages plus a modern three-story owner’s
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Exterior
Exterior Block
Road Surface Paved
Foundation Slab
Lake Name Hamilton
Lot Size Area 0.9
Lake Yes
Lot Dimensions 124 x 316
Lot Sloped In Subdivision Lake View Lake Front
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Interior
Floors Laminate
Total Number of Units 9
1 Bed Units 1
2 Bed Units 1
3 Bed Units 0
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* Excluded Features
List By
Nedra Plumlee

Listing Agent

Crye-Leike Realtors

Broker

nplumlee@crye-leike.com

Email

Affordability Calculator

$9,953
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$717
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$1,500,000 Listed Price

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