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Lakefront Short-Term Rental Condo
For Sale
$145,000

179 River Mill Court, Hot Springs, AR 71913

Residential, Townhouse, Hot Springs, AR

Property Size548 SF
Price / SF$264.60
Days on Market139

Property Features for 179 River Mill Court

General Information

Property type Residential
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1
Patio and Porch features Patio
Interior features Breakfast Bar, Furnished
Exterior features Patio
Appliances Microwave, Refrigerator-Stays
Subdivision CLEARWATER POINT HPR
Lot features Level, River Front, River View, Flood Insurance Required, River/ Lake Area, Lake View, Lake Front, Common to Lake, Waterfront
Elementary school Lake Hamilton
Middle school Lake Hamilton
High school Lake Hamilton
Directions Central Ave to W. Grand Ave, Take Albert Pike Rd to Crystal Hill Rd to River Mill Ct turn right, turn right onto River Oaks Dr
Standard status Active
APN 200-11005-016-000
Size 548 SF

Taxes and HOA fees

Tax Year 2025
Tax Description BLDG 179 UNIT D1 LOWER
Tax Annual Amount 762
HOA Fee $200 Monthly
Legal Description BLDG 179 UNIT D1 LOWER

Utilities

Water front features Lake
Water front 1

Building Details

Year built 1984
Floors in Building 1
Flooring type Tile
Roof type Metal
Architectural style Other
Listing Agency: Keller Williams Realty The Bergeron Group
Listed By: Nancy Bergeron
Added: Apr 25 Changed: Sep 8 Last Checked: Sep 10 at 8:06AM
MLS# 26016688

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 548-square-foot condominium includes one bedroom, one bathroom, a breakfast bar, tile flooring, and a patio. The unit is furnished and includes a microwave and refrigerator, supporting immediate personal use or short-term rental operation. Built in 1984, the property also features a metal roof.

The condo fronts Lake Hamilton in Hot Springs and provides direct lake access. Its setting supports boating, fishing, and water-oriented recreation, while dining, shopping, and entertainment are located minutes away in Hot Springs.

Key Highlights

  • 548 square feet with one bedroom and one bathroom
  • Lakefront setting on Lake Hamilton with direct lake access
  • Furnished condo with breakfast bar and tile flooring

Property Analytics

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Current Use

Condo Rental Hotel & Motel Clear Water Point ... Security Service

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Garden Center Law Firm (Bike/Boat/Book/etc) Store

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

21
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
View Realmo Analytics

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 - Furnished one-bedroom condo with lake access, patio, and rental-ready interiors.
Where is this short term rental property located?
The property is located at 179 River Mill Court Hot Springs, AR.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 548 square feet with one bedroom and one bathroom; Lakefront setting on Lake Hamilton with direct lake access; Furnished condo with breakfast bar and tile flooring
More about this property
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