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Updated Lake-View Income Property
For Sale
$320,000

5371 Central Avenue, Hot Springs, AR 71913

Residential, Traditional, Contemporary, Hot Springs, AR

Property Size1,200 SF
Price / SF$266.67
Days on Market107

Property Features for 5371 Central Avenue

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
Parking features Assigned
Spa 1
Patio and Porch features Porch, Patio
Interior features Dry Bar, Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Furnished, Kit Counter-Quartz
Exterior features Patio, Porch, Inground Pool, Guttering, Tennis Court, Hot Tub/Spa, Boat Dock, Dog Run, Iron Fence, Covered Patio
Fencing Fenced
Fireplace 1
Appliances Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Subdivision EMERALD ISLE HPR
Lot features Resort Property, In Subdivision, River/ Lake Area, Lake View, Lake Front
Elementary school Lakeside
Middle school Lakeside
High school Lakeside
Directions South on Central until Jose's on left. Turn on first drive on left PAST JOSE'S. After entering gate, turn left. Condo is in building 6, last building on left.
Standard status Active
Size 1,200 SF

Taxes and HOA fees

Tax Description LOT UNIT 6-L
Tax Annual Amount 1451
HOA Fee $250 Monthly
Legal Description LOT UNIT 6-L

Utilities

Water front 1

Amenities

tennis
mini golf
private beach
basketball
dog run
grill area
pool
hot tub

Building Details

Year built 1986
Floors in Building 3
Flooring type Laminate, Tile
Roof type Composition
Architectural style Contemporary, Other
Additional Structures Kennel/Dog Run
Listing Agency: White Stone Real Estate
Listed By: Amanda Sullivan · License #SA00099293
Added: Jun 8 Changed: Sep 15 Last Checked: Sep 22 at 12:06PM
MLS# 26028170

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 1,200-square-foot contemporary condo features two bedrooms, two bathrooms, and a fully renovated interior with furnishings included. The residence offers quartz kitchen counters, a breakfast bar, walk-in shower, built-ins, laminate and tile flooring, washer and dryer, electric water heater, and window treatments. A private patio provides outdoor space, while assigned parking supports everyday convenience. The property was built in 1986 and has a composition roof.

Emerald Isle amenities include a private peninsula with tennis, mini golf, a private beach, and basketball, along with a dog run, grill area, renovated pool, and hot tub. Lake Hamilton views are available from the residence, and the HOA allows short-term rentals. A boat dock is available for separate purchase.

Key Highlights

  • 1,200‑square‑foot fully renovated and furnished condo
  • Two bedrooms and two bathrooms with contemporary finishes
  • Lake Hamilton views with private patio

Property Analytics

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Current Use

Emerald Isle Resort Hotel & Motel

Suggested Use

Top Pick Dental Office Building Supply Law Firm Grocery & Convenience Store Big Box & Wholesale Store Garden Center

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

176
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
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Frequently Asked Questions

What type of property is this?
Residential income property - Fully furnished two-bedroom condo with quartz counters, assigned parking, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 5371 Central Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 1,200‑square‑foot fully renovated and furnished condo; Two bedrooms and two bathrooms with contemporary finishes; Lake Hamilton views with private patio
More about this property
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