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Southern Homes Realty

southernhomes@windstream.net +1(870) 942-5560

$ 289,000

Est. payment -/mo

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141 PENBAY Place Hot Springs, AR 71901

3 Beds

2 Baths

1,680 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $172

Subdivision 28-3S-20

MLS Listing ID 155719

Bedrooms 3

Full Baths 2

Year Built 1978

Annual Tax Amount $239

Tax Year 2025

Lot Size 1.500 Acres

Property Sub-Type Residential Single Family

Property Description

1.5+ Acre Lake Hamilton View Property | Peninsula Point Area A rare opportunity to own approximately 1.5+ acres in the desirable Peninsula Point area with elevated views overlooking Lake Hamilton. Set in a peaceful, natural setting, the property offers the potential for expansive panoramic lake views along with multiple possibilities for renovation, new construction, or future development. The existing one-owner home is in need of substantial TLC and renovation, but its history and design set it apart. The residence was architecturally designed by the owner's brother, who studied under renowned Arkansas architect E. Fay Jones, and was built by the owner's father, a general contractor with more than 30 years of residential and commercial construction experience. Its distinctive design provides a compelling foundation for buyers interested in restoring, renovating, or reimagining a truly unique property. The generous acreage also creates flexibility for a variety of uses. A buyer may choose to renovate the existing residence, use it as a guest home while constructing a new primary residence positioned to maximize the elevated lake views, or explore the possibility of subdividing the property into multiple buildable lots, subject to applicable city approvals, zoning, utilities, and development requirements. Located just minutes from Lake Hamilton amenities and the conveniences of Hot Springs, this property offers an uncommon combination of acreage, architectural character, privacy, lake-view potential, and development possibilities.

Location

State AR

County Garland

Rooms

Kitchen Free-Standing Stove, Microwave, Dishwasher, Disposal, Refrigerator Stays

Interior

Interior Features Breakfast Bar, Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Balcony/Loft, Ceiling Fan(s), Primary Bedroom w/Bath

Heating Central Cool - Electric, Central Heat - Electric

Flooring Carpet, Tile, Vinyl Plank

Fireplaces Type Woodburning - Site-Built

Exterior

Exterior Feature Siding

Parking Features Two Car, Garage

Utilities Available Septic, Water - Municipal, Electric – Entergy

Waterfront Description Lake Hamilton,Lake View

Roof Type Composition

Building

Lot Description Wooded, Mountain View, Vista View, Acreage, In City, Lake View

Foundation Slab

Level or Stories Two Story

Schools

School District Lakeside

Others

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Listed by Keller Williams Realty The Bergeron Group

NEARBY SCHOOLS & PROPERTIES

Southern Homes Realty

+1(870) 942-5560

Southern Homes Realty

141 PENBAY Place Hot Springs, AR 71901

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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141 PENBAY Place