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Short-Term Rental Condo with Lake Views
For Sale
$345,000

141 Central Terrace, Hot Springs National Park, AR 71913

Residential, Traditional, Hot Springs National Park, AR

Property Size1,560 SF
Price / SF$221.15
Days on Market50

Property Features for 141 Central Terrace

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bathroom 1, Laundry Room, Bedroom 2
Parking features Carport
Fireplace 1
Appliances Microwave, Electric Range, Surface Range, Dishwasher, Disposal, Refrigerator-Stays, Ice Maker Connection
Subdivision CENTRAL TERRACE CONDOMINIUMS HPR
Lot features Zero Lot Line
Directions Highway 7 south to Left on Central Terrace to 141 D
Standard status Active
Size 1,560 SF

Taxes and HOA fees

Tax Year 2023
Tax Description Central Terrace Unit D
Tax Annual Amount 1750
HOA Fee $175 Monthly
Legal Description Central Terrace Unit D

Utilities

Water front 1

Amenities

fireplace
fire pit
community boat tie up

Building Details

Year built 2007
Floors in Building 1
Flooring type Tile, Carpet
Roof type Shingle
Architectural style Other
Listing Agency: Trademark Real Estate, Inc.
Listed By: Cynthia Gildner
Added: Aug 16 Changed: Sep 13 Last Checked: Oct 4 at 10:06PM
MLS# 26033463

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 1,560-square-foot condominium offers a two-bedroom, two-bath layout with an open floor plan, vaulted ceilings, and a fireplace. French doors connect the interior to a large deck, including access from the primary suite. The suite also features double vanities, a walk-in shower, and a jacuzzi tub. Additional property details include carpet and tile flooring, a carport, and a 2007 construction date.

The condo overlooks Lake Hamilton in the 7 South area of Hot Springs National Park. Community amenities include a fire pit and boat tie-up, while nightly rentals are permitted. The residence includes a kitchen equipped with a microwave, electric range, dishwasher, disposal, refrigerator, and ice maker connection.

Key Highlights

  • 1,560 SF condominium with 2 bedrooms and 2 bathrooms
  • Overlooks Lake Hamilton in Hot Springs National Park’s 7 South area
  • Large deck with access from the living area and primary suite

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Law Firm Auto Parts Store Garden Center

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

166
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Short term rental property - Two-bedroom condo with an open interior, private deck access, and community waterfront amenities.
Where is this short term rental property located?
The property is located at 141 Central Terrace Hot Springs National Park, AR.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,560 SF condominium with 2 bedrooms and 2 bathrooms; Overlooks Lake Hamilton in Hot Springs National Park’s 7 South area; Large deck with access from the living area and primary suite
More about this property
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