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Lake-Access Short-Term Rental Condo

179 River Mill Court, Hot Springs, AR 71913

For Sale
$139,500

Residential, Townhouse, Hot Springs, AR

Property Size548 SF
Price / SF$254.56
Days on Market15

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 Ceiling Fan(s), Kit Counter- Granite Slab
Exterior features Guttering, Patio
Appliances Electric Range, Microwave, Refrigerator-Stays
Subdivision CLEARWATER POINT HPR
Lot features Lake View, Level, River Front, River View
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.
Standard status Active
APN 200-11005-011-000
Size 548 SF

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Year 2025
Tax Description BLDG 179 UNIT C1 LOWER
Tax Annual Amount 766
HOA Fee $200 Monthly
Legal Description BLDG 179 UNIT C1 LOWER

Utilities

Water front 1

Amenities

gated community
deeded lake access
waterfront boardwalk
patio

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: Oct 30 Changed: Nov 10 Last Checked: Nov 13 at 11:06PM
MLS# 26043729

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.

Rey
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Investment Insights

Based on property information with market context.

Unit C1 is a 548-square-foot, lower-level condo with one bedroom and one full bathroom. Built in 1984, it has tile flooring, a granite-slab kitchen counter, ceiling fan, electric range, microwave, and refrigerator. Furnishings are included, and the patio provides a place to take in views of Lake Hamilton.

The gated Clearwater Point HPR community offers deeded lake access and a waterfront boardwalk. Association-maintained grounds and building exteriors are also part of the community setting. The condo is currently in use as a short-term rental.

Key Highlights

  • 548‑square‑foot condo with one bedroom and one full bathroom
  • Currently operated as a short‑term rental; furnishings included
  • Deeded access to Lake Hamilton and a waterfront boardwalk

Property Analytics

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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
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Market

Average Price Trend$/SF for Short term rental properties in Hot Springs, AR

$279 Jul
$273 Aug
$261 Sep
$264 Oct

Properties on Market for Short term rental properties in Hot Springs

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - The furnished unit is operating as a short-term rental and has a private patio.
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 $139,500.
What are key features of this property?
This property features: 548‑square‑foot condo with one bedroom and one full bathroom; Currently operated as a short‑term rental; furnishings included; Deeded access to Lake Hamilton and a waterfront boardwalk
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