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Lakefront Short-Term Rental Condo
For Sale
$285,000

270 Lake Hamilton Drive, Hot Springs, AR 71913

CONDOS - Hot Springs, AR

Property Size578 SF
Price / SF$493.08
Days on Market84

Property Features for 270 Lake Hamilton Drive

General Information

Property type Residential
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Living Room
Parking features Assigned
Patio and Porch features Patio
Interior features Ceiling Fan(s), Breakfast Bar, Furnished
Exterior features Patio, Outside Storage Area, Inground Pool, Boat Dock
Appliances Free-Standing Stove, Microwave, Dishwasher, Refrigerator-Stays
Subdivision Willow Beach
Lot features Mountain View, Lake View, Lake Front, Waterfront
Directions 7 South to Left onto Lake Hamilton Drive to #270 on the Right.
Standard status Active
Size 578 SF

Taxes and HOA fees

Tax Description Block 00C / 005
Tax Annual Amount 1592
HOA Fee $225 Monthly
Legal Description Block 00C / 005

Utilities

Water front 1

Amenities

pool
sauna
on-site laundry

Building Details

Year built 1983
Flooring type Vinyl, Carpet
Additional Structures Storage
Listing Agency: McGraw Realtors - HS
Listed By: Eric Billingsley
Added: May 21 Changed: Aug 10 Last Checked: Aug 12 at 2:06AM
MLS# 26020621

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 578-square-foot condominium offers one bedroom, one bathroom, and a furnished interior with a breakfast bar, ceiling fans, vinyl and carpet flooring, and a patio. The kitchen includes a free-standing stove, microwave, dishwasher, and refrigerator. Short-term rentals are permitted, providing flexibility for personal use or income-producing occupancy.

The residence overlooks Lake Hamilton and the surrounding mountains from its lakefront setting at 270 Lake Hamilton Drive in Hot Springs. Ownership includes a one-stall boat slip and covered parking. Shared property amenities include an in-ground swimming pool, sauna, on-site laundry facility, boat dock, and outside storage area. Built in 1983, the condominium combines waterfront recreation features with a compact residential layout.

Key Highlights

  • 578 square feet with 1 bedroom and 1 bathroom
  • Lake Hamilton views with surrounding mountain scenery
  • Furnished interior with breakfast bar and full kitchen appliances

Property Analytics

Current Use

NEW AND MODERN CONDO ... Condominium Complex

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Furniture & Home Goods Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby

Demographics for 71913, AR

46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished unit includes a boat slip, covered parking, and access to shared amenities.
Where is this short term rental property located?
The property is located at 270 Lake Hamilton Drive Hot Springs, AR.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 578 square feet with 1 bedroom and 1 bathroom; Lake Hamilton views with surrounding mountain scenery; Furnished interior with breakfast bar and full kitchen appliances
More about this property
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