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Lake-View Residential Income Property
For Sale
$395,000

518 Amity, Hot Springs, AR 71913

Residential, Traditional, Hot Springs, AR

Property Size1,720 SF
Price / SF$229.65
Days on Market11

Property Features for 518 Amity

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Parking features Open, Garage
Patio and Porch features Deck
Exterior features Deck
Fireplace 1
Appliances Free-Standing Stove, Double Oven, Gas Range, Dishwasher, Disposal
Subdivision Millinium Bay
Lot features Sloped
Directions 7 south to right on Amity to Millennium Bay entrance on the right. Wind around to unit E4 just past the pool.
Standard status Active
Size 1,720 SF

Taxes and HOA fees

Tax Description blk1/Lot 6 Millennium Bay p 1
Tax Annual Amount 1800
HOA Fee $363 Monthly
Legal Description blk1/Lot 6 Millennium Bay p 1

Amenities

pool
extra storage room
balconies
Bruno stairway chair lift
enclosed garage
private boat ramp
boat tie ups

Building Details

Year built 2002
Flooring type Vinyl, Tile
Roof type Shingle
Architectural style Other
Listing Agency: Hot Springs Realty
Listed By: Harolyn Holmes
Added: Oct 6 Changed: Oct 13 Last Checked: Oct 16 at 11:06PM
MLS# 26041471

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.

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Investment Insights

Based on property information with market context.

This 1,720-square-foot condominium, built in 2002, has two bedrooms, two bathrooms, and two balconies, one with an adjoining storage room. Interior updates include flooring, lighting, ceiling fans, kitchen appliances, granite countertops, and renovated primary and guest bathrooms. An enclosed garage and Bruno stairway chair lift are also included.

The complex has a private boat ramp and boat tie-ups, and the pool is within walking distance. The residence has views of the lake and surrounding wooded area.

Key Highlights

  • Remodeled 1,720‑square‑foot condominium with two bedrooms and two bathrooms
  • Two balconies, with additional storage off one balcony
  • Enclosed garage and Bruno stairway chair lift

Property Analytics

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Current Use

2212 Malvern Medical Clinic

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Garden Center Grocery & Convenience Store Auto Parts Store Kitchen & Bath Showroom

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

23
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

Frequently Asked Questions

What type of property is this?
Residential income property - The remodeled residence includes two balconies, an enclosed garage, and access to a private boat ramp and boat tie-ups.
Where is this residential income property located?
The property is located at 518 Amity Hot Springs, AR.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Remodeled 1,720‑square‑foot condominium with two bedrooms and two bathrooms; Two balconies, with additional storage off one balcony; Enclosed garage and Bruno stairway chair lift
More about this property
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