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Lakefront Duplex with Boardwalk
For Sale
$475,000

168A Krause Lane, Hot Springs, AR 71913

Residential, Traditional, Hot Springs, AR

Property Size1,961 SF
Price / SF$242.22
Days on Market123

Property Features for 168A Krause Lane

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 2
Parking features Open, Garage
Patio and Porch features Deck, Patio
Interior features Dry Bar, Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Window Treatments, Floored Attic, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Kit Counter-Quartz
Exterior features Patio, Deck, Fully Fenced, Outside Storage Area, Guttering, Seawall, Covered Patio
Fencing Full
Fireplace 1
Appliances Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Machine
Subdivision Metes & Bounds
Lot features Level, Not in Subdivision, Lake View, Lake Front, Waterfront
Directions Travel Central Ave South, turn right on Amity, right on Old Brundage, right on Tanglewood, right on Woolridge, left on Krause Lane, property is on the right.
Standard status Active
Size 1,961 SF

Taxes and HOA fees

Tax Description 35-03S-20W,
Tax Annual Amount 4437
HOA Fee $75 Monthly
Legal Description 35-03S-20W,

Utilities

Water front 1

Amenities

deck
boardwalk
laundry room

Building Details

Year built 2024
Floors in Building 1
Flooring type Vinyl
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: Trademark Real Estate, Inc.
Listed By: Ashley Crouse
Added: May 21 Changed: Sep 13 Last Checked: Sep 20 at 2:06PM
MLS# 26020511

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.

Built in 2024, this 1,961-square-foot duplex offers an open interior with 11-foot ceilings, extensive windows, quartz countertops, custom cabinetry, a large island, and a built-in dining table. The finish package includes CAFE appliances with a built-in ice maker, LED-lit bathroom mirrors, tile-and-glass showers, LVP flooring, a separate laundry room, and a dry bar. Additional features include walk-in closets, a floored attic, a fireplace, and electric water heating.

The property sits on Lake Hamilton with water views and direct access to a new boardwalk for fishing, swimming, and boating. Outdoor improvements include a large deck, covered patio, seawall, full fencing, guttering, and an outside storage area. Two PWC docks are permitted. An oversized two-car garage and additional concrete provide on-site parking.

Key Highlights

  • 1,961 SF duplex built in 2024
  • Lake Hamilton frontage with water views and a new boardwalk
  • 11‑foot ceilings and open‑concept interior

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Restaurant Grocery & Convenience Store Gym & Fitness Center Food Market Real Estate Agency Travel Agency

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

11
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?
Duplex - Newly built lakefront property with upgraded finishes, outdoor recreation access, and flexible parking capacity.
Where is this duplex located?
The property is located at 168A Krause Lane Hot Springs, AR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,961 SF duplex built in 2024; Lake Hamilton frontage with water views and a new boardwalk; 11‑foot ceilings and open‑concept interior
More about this property
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