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Lakefront Residential Income Property
For Sale
Under Contract
$335,000

152 Mimosa Point, Hot Springs, AR 71913

CONDOS - Hot Springs, AR

Property Size1,141 SF
Price / SF$293.60
Days on Market112

Property Features for 152 Mimosa Point

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Parking features Assigned
Patio and Porch features Deck, Porch, Patio
Interior features Washer-Stays, Dryer-Stays, Furnished
Exterior features Patio, Deck, Porch, Inground Pool, Guttering, Lawn Sprinkler, Seawall, Covered Patio
Fireplace 1
Appliances Free-Standing Stove, Dishwasher, Refrigerator-Stays
Subdivision Lake Port HPR
Lot features Level, Cul-de-sac, Resort Property, Lake View, Lake Front, Waterfront
High school Hot Springs
Directions From Central Ave: Head S on Central Ave (AR-7). L on Lakeland Dr. Slight R to stay on Lakeland Dr. L on Mimosa Pt.
Standard status Active Under Contract
APN 400-39400-021-000
Size 1,141 SF

Taxes and HOA fees

Tax Year 2025
Tax Description LOT C-6 Garland Co. AR
Tax Annual Amount 2502
HOA Fee $300 Monthly
Legal Description LOT C-6 Garland Co. AR

Utilities

Water front features Lake
Water front 1

Amenities

pool
jet ski pad

Building Details

Year built 1984
Flooring type Vinyl
Listing Agency: McGraw Realtors - HS
Listed By: Michael Morgridge
Added: May 4 Changed: Aug 11 Last Checked: Aug 23 at 11:06PM
MLS# 26017910

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 1,141-square-foot residential income property is a furnished lakefront condominium with two bedrooms, two bathrooms, vinyl flooring, and a walk-in entry. The residence includes a fireplace, kitchen appliances, washer and dryer, and assigned parking. Outdoor features include a deck, patio, covered patio, porch, seawall, and private jet ski pad.

The property was built in 1984 and has an HVAC system installed in 2023 and a washer added in 2026. Complex improvements include new roofs, updated staircases, and a renovated inground pool. Short-term rentals are prohibited, and the property is located near shopping, dining, and entertainment in Hot Springs.

Key Highlights

  • 1,141‑square‑foot furnished lakefront condominium
  • Two bedrooms and two bathrooms with walk‑in entry
  • Private jet ski pad, seawall, deck, patio, and covered patio

Property Analytics

Current Use

Proforma Spectrum Graphics Marketing & Advertising

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store Locksmith

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

82
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Furnished lakefront residence with assigned parking, updated HVAC, and short-term rentals prohibited.
Where is this residential income property located?
The property is located at 152 Mimosa Point Hot Springs, AR.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,141‑square‑foot furnished lakefront condominium; Two bedrooms and two bathrooms with walk‑in entry; Private jet ski pad, seawall, deck, patio, and covered patio
More about this property
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