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Renovated Residential 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 Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
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, Dog Run, Iron Fence, Covered Patio
Fencing Fenced
Fireplace 1
Appliances Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays, Freezer, Coffee/Espresso Machine
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-I
Tax Annual Amount 1451
HOA Fee $250 Monthly
Legal Description LOT UNIT 6-I

Utilities

Water front 1

Amenities

private beach
mini golf
tennis court
sand volleyball
basketball court
swimming pool
hot tub
dog run
grilling area

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 10:06AM
MLS# 26028165

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 fully renovated contemporary residential income property offers 1,200 square feet with two bedrooms and two baths. Both bedrooms provide en suite bath access, while the primary bedroom includes a patio door. The residence is furnished and features quartz kitchen counters, a breakfast bar, walk-in shower, built-ins, window treatments, tile and laminate flooring, and a dry bar. Assigned parking, a fenced patio and porch, and a composition roof are also included.

Residents have access to a peninsula extending to a private beach, along with mini golf, tennis, sand volleyball, and basketball facilities. Community amenities also include a renovated swimming pool, hot tub, clubhouse, dog run, and grilling area. The property presents wide views of Lake Hamilton and surrounding mountains, with a covered patio and additional outdoor space for enjoying the setting.

Key Highlights

  • Fully renovated 1,200 SF contemporary residence
  • Two bedrooms and two baths with en suite bath access
  • Fully furnished with quartz kitchen counters and included appliances

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 contemporary residence with lake and mountain views plus access to extensive private 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: Fully renovated 1,200 SF contemporary residence; Two bedrooms and two baths with en suite bath access; Fully furnished with quartz kitchen counters and included appliances
More about this property
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