141 Central Terrace Unit B Hot Springs National Park, AR 71913
Lake Hamilton NeighborhoodEstimated payment $2,149/month
Highlights
- Docks
- Lake View
- Traditional Architecture
- Lakeside Primary School Rated A-
- Community Lake
- Wood Flooring
About This Home
Discover your perfect Hot Springs retreat! This beautifully furnished 2-bedroom, 2-bathroom lakefront condo offers the ideal blend of comfort, convenience, and investment potential. Nestled in the Lakeside School District, this unit sits directly on the shores of Lake Hamilton with stunning water views and easy access to boating, dining, and entertainment. Currently an active short-term rental with excellent guest reviews and a strong rental history, this property is turnkey and ready to continue generating income—or to become your private lakeside escape. Step inside to find an inviting open-concept living space with updated furnishings, a fully equipped kitchen, and a private balcony perfect for enjoying Arkansas sunsets over the water. Both bedrooms are generously sized, and each bathroom is tastefully finished for a comfortable stay. Located just 10 minutes from Oaklawn Racing Casino Resort, and close to shopping, restaurants, and downtown Hot Springs attractions, this condo offers the best of lake life and city convenience. Whether you’re looking for an investment property, vacation home, or permanent lakeside residence, this condo checks every box!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,621
Year Built
- Built in 2007
HOA Fees
- $175 Monthly HOA Fees
Home Design
- Traditional Architecture
- Slab Foundation
- Architectural Shingle Roof
- Stucco Exterior
Interior Spaces
- 1,554 Sq Ft Home
- Wet Bar
- Furnished
- Sheet Rock Walls or Ceilings
- Ceiling Fan
- Gas Log Fireplace
- Combination Dining and Living Room
- Lake Views
- Termite Clearance
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Assigned Parking
Outdoor Features
- Docks
- Patio
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Other Mandatory Fees
- On-Site Maintenance
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 200-09826-002-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $2,621 | $57,600 | $0 | $57,600 |
| 2024 | $2,586 | $57,600 | $0 | $57,600 |
| 2023 | $2,586 | $57,600 | $0 | $57,600 |
| 2022 | $2,678 | $57,600 | $0 | $57,600 |
| 2021 | $1,486 | $30,910 | $0 | $30,910 |
| 2020 | $1,486 | $30,910 | $0 | $30,910 |
| 2019 | $1,400 | $30,910 | $0 | $30,910 |
| 2018 | $1,486 | $30,910 | $0 | $0 |
| 2017 | $1,277 | $30,910 | $0 | $0 |
| 2016 | $1,404 | $34,000 | $0 | $0 |
| 2015 | $1,404 | $34,000 | $0 | $0 |
| 2014 | $1,404 | $34,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $334,900 | -- | $216 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $293,500 | Lenders Title Company | |
| Warranty Deed | $293,500 | Lenders Title Company | |
| Warranty Deed | $184,500 | Pulaski County Title | |
| Warranty Deed | $184,500 | Pulaski County Title | |
| Warranty Deed | -- | Tulaski County Title | |
| Warranty Deed | $150,000 | -- | |
| Warranty Deed | $150,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $293,500 | Construction | |
| Closed | $293,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $155,825 | Commercial | |
| Previous Owner | $156,825 | New Conventional | |
| Previous Owner | $156,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $150,000 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25042340
APN: 200-09826-002-000
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