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$ 1,500,000
Est. payment /mo
Active
352 LAKELAND Drive Hot Springs, AR 71913
2 Beds
0.9 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Lakefront Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Clifton Lake Ad
MLS Listing ID 155776
Bedrooms 2
Year Built 1955
Lot Size 0.900 Acres
Property Sub-Type Lakefront Apartment
Property Description
Discover an exceptional income-producing property on the shores of beautiful Lake Hamilton. This unique waterfront resort features eight individual guest cottages plus a modern three-story owner's residence that can also be utilized as a premium rental, creating multiple streams of revenue and endless possibilities for expansion. The charming cottages offer a variety of accommodations, including studio units, a lovely one bedroom with carport, and a spacious 2 bedroom right on the water. Making this property appealing to vacationers, weekend lake enthusiasts, and extended-stay guests alike. A covered two-slip boat dock and swim dock provide direct access to the lake, allowing guests to fully enjoy the waterfront lifestyle. The owner's residence is thoughtfully designed with modern finishes and stunning lake views. The first level includes a one-car garage, bathroom, storage room for owner. It also includes private access to a dedicated laundry facility serving the resort guests. The second level features an inviting living area with contemporary touches, a fireplace, large walk-in closet, bedroom, bathroom and two private balconies overlooking the property. The top level offers an impressive covered outdoor living space complete with a fire pit and views of the lake—perfect for entertaining or relaxing after a day on the water. Adding even more value, plans are already in place for a second large residence, providing tremendous potential for future development, expanded rental income, or additional owner accommodations. Whether you're seeking a turnkey hospitality investment or a property with room to grow, this rare Lake Hamilton offering combines immediate income potential with outstanding long-term opportunity in one of the area's most desirable waterfront locations.
Location
State AR
County Garland
Rooms
Kitchen Gas Range, Refrigerator Stays
Interior
Interior Features Hot Water Heater-Gas
Heating Central Cool-Electric
Flooring Laminate, Tile
Exterior
Parking Features Garage, One Car, Parking Pads
Utilities Available Electric-Entergy, Gas-Natural, Sewer-Public, Water-Public
Waterfront Description Dock - Covered,2 Stalls
Roof Type Metal
Building
Lot Description Lake Front, Lake View, In Subdivision
Foundation Slab
Schools
School District Hot Springs
Listed by Crye-Leike REALTORS Hot Springs
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