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Waterfront Resort with Guest Cottages
For Sale
$1,500,000

352 Lakeland Drive, Hot Springs, AR 71913

Income-producing lakefront resort with eight guest cottages, a three-story owner’s residence, and a covered two-slip dock.

Property SizeContact for details
Days on Market63

Property Features for 352 Lakeland Drive

General Information

Standard status Active
Property subtype Multi Family Home

Building Details

Year Built 1955
Listing Agency: Crye-Leike Realtors
Listed By: Nedra Plumlee · License #EB00042722
Source: Proeliterealty
Added: Jun 4 Changed: Jul 28 Last Checked: Aug 4 at 1:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike Realtors

Investment Insights

Based on property information with market context.

This waterfront resort includes eight individual guest cottages, offering a mix of studio accommodations, a one-bedroom unit with a carport, and a spacious two-bedroom cottage right on the water. The property also features a modern three-story owner’s residence that can be used as a premium rental. A covered two-slip boat dock and swim dock provide direct lake access for guests.

The owner’s residence includes a one-car garage, a bathroom, and a storage room on the first level, along with private access to a dedicated laundry facility serving resort guests. On the second level, the home offers an inviting living area with a fireplace, a large walk-in closet, a bedroom, a bathroom, and two private balconies overlooking the property.

Set on the shores of Lake Hamilton, the resort’s layout is designed to support both on-site guest stays and the owner’s separate living space within the same property.

Key Highlights

  • Lakefront income‑producing resort on the shores of Lake Hamilton with eight individual guest cottages
  • Covered two‑slip boat dock and swim dock with direct lake access
  • Modern three‑story owner’s residence can be used as a premium rental for additional income streams

Property Analytics

Current Use

Beach Front Rezorts Vacation Rental

Suggested Use

Top Pick Law Firm Parking Lot & Garage Plumbing Service Garden Center Locksmith Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

289
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Resort - Income-producing lakefront resort with eight guest cottages, a three-story owner’s residence, and a covered two-slip dock.
Where is this resort located?
The property is located at 352 Lakeland Drive Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Lakefront income‑producing resort on the shores of Lake Hamilton with eight individual guest cottages; Covered two‑slip boat dock and swim dock with direct lake access; Modern three‑story owner’s residence can be used as a premium rental for additional income streams
More about this property
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