352 Lakeland Drive,Hot Springs, AR 71913
Hot Springs, AR 71913
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 lakeperfect 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.
Details
| MLS # | 155776 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 104 |
| Listing Provided By | Crye-Leike REALTORS Hot Springs | Nedra Plumlee |
Features
| Acreage | 0.90 |
|---|---|
| Water Front | Yes |
Interior
| Interior Features | Hot Water Heater-Gas |
|---|
Exterior
| Foundation | Slab |
|---|
Utilities
| Utilities | Electric-Entergy, Gas-Natural, Sewer-Public, Water-Public |
|---|
Area Information
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71913 |
| Area | Garland |
| Community Name | Clifton Lake Ad |
| School District | Hot Springs |
| Listing VS Median (in Clifton Lake Ad) | |
Price: $1,500,000 low | high Med: $0 On site: 104 low | high Med: | |
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Learn More About This Property
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71913 |
| Area | Garland |
| Community Name | Clifton Lake Ad |
| School District | Hot Springs |
| Listing VS Median (in Clifton Lake Ad) | |
Price: $1,500,000 low | high Med: $0 On site: 104 low | high Med: | |
 | $1,500,000352 Lakeland DriveHot Springs, AR 71913 |