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Lakefront Short-Term Rental Condo
New
For Sale
$220,000

740 Weston-505 Road, Hot Springs, AR 71913

Residential, Hot Springs, AR

Property Size668 SF
Price / SF$329.34
Days on Market5

Property Features for 740 Weston-505 Road

General Information

Property type Residential
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Living Room
Parking features Carport
Appliances Free-Standing Stove
Subdivision BEACON MANOR HPR
Lot features Level
Directions Highway 70 West right on Weston Rd.Beacon Manor on left
Standard status Active
Size 668 SF

Taxes and HOA fees

Tax Description APT 505-A -DOCK #5#7 SLIP#3&#9
Tax Annual Amount 1309
HOA Fee $184 Monthly
Legal Description APT 505-A -DOCK #5#7 SLIP#3&#9

Amenities

pool
tennis courts
boat docks
gated entrance
lawn
sitting area
community rooms
game room
laundry room

Building Details

Year built 1963
Flooring type Vinyl, Tile
Listing Agency: Real Broker
Listed By: Julia Myers
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 23 at 3:06AM
MLS# 26042261

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 668-square-foot condo was built in 1963 and includes a living room, bedroom, and bathroom. The property comes with two boat docks: one has a functioning lift, while the other is being rebuilt. Two covered parking spaces are included. The short-term rental license can transfer to the buyer, and HOA and boat dock fees are paid through March 2027.

The condo is part of Beacon Manor, a gated community on Lake Hamilton in Hot Springs. Community amenities include a pool, tennis courts, two reservable rooms with cooktops, a game room with ping pong and pool tables, and a laundry room with washers and dryers updated in 2026. The unit has tile and vinyl flooring, a free-standing stove, and recently upgraded furnishings and interior finishes.

Key Highlights

  • 668‑square‑foot condo built in 1963
  • Transferable short‑term rental license
  • One boat dock has a functioning lift; a second dock is being rebuilt

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

186
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

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 - A transferable short-term rental license accompanies shared pool and tennis amenities, boat access, and covered parking.
Where is this short term rental property located?
The property is located at 740 Weston-505 Road Hot Springs, AR.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 668‑square‑foot condo built in 1963; Transferable short‑term rental license; One boat dock has a functioning lift; a second dock is being rebuilt
More about this property
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