1391 Timberlake Dr Royal, AR 71968
Piney AreaEstimated payment $5,738/month
Total Views
1,690
5
Beds
3
Baths
3,590
Sq Ft
$274
Price per Sq Ft
Highlights
- Lake Front
- Private Dock
- Cabana
- Lake Hamilton Elementary School Rated 9+
- Tennis Courts
- Resort Property
About This Home
Welcome to Mermaid Manor, one of the most iconic and sought-after waterfront vacation rental properties on Lake Hamilton. This exceptional 5-bedroom, 3-bathroom lakefront retreat offers a rare opportunity to own a proven income-producing investment while enjoying one of Hot Springs' most desirable waterfront locations. Situated on year-round water with breathtaking lake views, this standout property has been thoughtfully designed to create unforgettable guest experiences and generate strong rental demand throughout the year. From the moment guests arrive, they are welcomed into a true resort-style setting. The outdoor living spaces are centered around a heated swimming pool (weather permitting), oversized hot tub, and private cabana, creating the perfect environment for relaxation and entertaining. One of the property's most unique features is its private pickleball court, a highly sought-after amenity that sets Mermaid Manor apart from other vacation rentals and provides fun for guests of all ages. The property's prime Lake Hamilton location allows guests to fully embrace the lake lifestyle. A covered two-stall boat dock provides convenient access to boating, fishing, paddleboarding, kayaking, and all the recreation Lake Hamilton has to offer. The year-round water frontage ensures enjoyment in every season and enhances both the property's appeal and long-term value. Inside, Mermaid Manor offers spacious and inviting living areas designed to comfortably accommodate families, groups, and vacationers. With five bedrooms and three bathrooms, there is ample space for large groups while still maintaining comfort and privacy. Entertainment continues indoors with an impressive game room. This dedicated entertainment space provides year-round enjoyment regardless of weather and has been a major contributor to the property's continued success as a vacation rental destination. Located just minutes from Oaklawn Racing Casino Resort, historic Bathhouse Row, premier dining, shopping, entertainment, and area attractions, Mermaid Manor offers the perfect combination of privacy and convenience. Guests can enjoy the tranquility of lakefront living while remaining close to everything that makes Hot Springs one of Arkansas' premier vacation destinations. Whether you're looking for a luxury lake retreat, a turnkey investment property, or both, Mermaid Manor delivers an exceptional opportunity. Combining year-round water, a covered two-stall boat dock, heated pool, hot tub, private pickleball court, game room, and a proven track record as a top-performing nightly rental, this remarkable property stands among the most recognizable and desirable vacation rentals on Lake Hamilton. This is more than a lake house—it's a destination, an experience, and an investment opportunity unlike any other.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,009
Year Built
- Built in 1971
Lot Details
- 33,106 Sq Ft Lot
- Lake Front
- Partially Fenced Property
Parking
- Garage
Home Design
- 2-Story Property
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 3,590 Sq Ft Home
- Built-In Features
- Sheet Rock Walls or Ceilings
- Ceiling Fan
- Combination Dining and Living Room
- Game Room
- Lake Views
- Crawl Space
- Fire and Smoke Detector
- Washer and Electric Dryer Hookup
Kitchen
- Breakfast Bar
- Electric Range
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Walk-in Shower
Pool
- Cabana
- In Ground Pool
Outdoor Features
- Private Dock
- Tennis Courts
- Patio
- Outdoor Fireplace
- Outdoor Kitchen
- Outdoor Grill
Location
- Outside City Limits
Utilities
- Central Heating and Cooling System
- Propane
- Electric Water Heater
- Municipal Utilities District for Water and Sewer
Community Details
Overview
- Resort Property
- Foizies #2 Subdivision
Recreation
- Pickleball Courts
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,077 | $114,350 | $37,500 | $76,850 |
| 2024 | $5,009 | $114,350 | $37,500 | $76,850 |
| 2023 | $4,754 | $114,350 | $37,500 | $76,850 |
| 2022 | $4,557 | $114,350 | $37,500 | $76,850 |
| 2021 | $4,057 | $90,440 | $22,500 | $67,940 |
| 2020 | $3,988 | $88,870 | $22,500 | $66,370 |
| 2019 | $3,928 | $88,870 | $22,500 | $66,370 |
| 2018 | $3,769 | $88,870 | $22,500 | $66,370 |
| 2017 | $3,454 | $88,870 | $22,500 | $66,370 |
| 2016 | $3,140 | $71,050 | $22,500 | $48,550 |
| 2015 | $3,074 | $71,050 | $22,500 | $48,550 |
| 2014 | $2,846 | $64,398 | $15,848 | $48,550 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/09/2026 07/09/26 | Pending | -- | -- | -- | |
| 06/26/2026 06/26/26 | For Sale | $985,000 | +152.6% | $274 / Sq Ft | |
| 07/10/2020 07/10/20 | Sold | $390,000 | 0.0% | $135 / Sq Ft | View Prior Sale |
| 06/01/2020 06/01/20 | Off Market | $390,000 | -- | -- | |
| 10/06/2019 10/06/19 | For Sale | $428,000 | -- | $148 / Sq Ft |
Source: Hot Springs Board of REALTORS®
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,000 | Lenders Title Company | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $160,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $250,000 | Credit Line Revolving | |
| Open | $370,500 | New Conventional |
Source: Public Records
About the Listing Agent
I’m an Arkansan, born and raised in Hot Springs. Growing up, I attended Lakeside. After graduating from The University of Arkansas (WOO PIG), I worked in the corporate world for Walmart. My hometown roots brought me back to a career in real estate which allows me to directly impact my community.
?My passion for real estate is evident in the work that I do and the relationships that I build with my clients. The best part of my job is getting to connect with clients and making their dreams
David's Other Listings
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$649,900 $10K PRICE DROP
- 3 Beds
- 2.5 Baths
- 2,350 Sq Ft
- 118 Silverwood Terrace
- Hot Springs National Park, AR
Source: Hot Springs Board of REALTORS®
MLS Number: 156130
APN: 200-18750-003-000
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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