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141 Penbay

Hot Springs, AR 71901
  • $447,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 154684
Price Reduced
UPDATED: 26 min ago
$447,000
  • 3
    BEDS
  • 3.24
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,680
    SQFT
  • $266
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1978
County:
Area:

School Ratings & Info

School District:

Description

3+ Acre Lake Hamilton View Property | Peninsula Point Area Rare opportunity to own approximately 3+ acres in the desirable Peninsula Point area overlooking Lake Hamilton. Positioned on an elevated homesite, this property offers potential for expansive, panoramic lake views and a peaceful, natural setting. The existing one-owner home features a unique architectural design, presenting an opportunity for renovation or reimagining. Ideal for buyers looking to restore the home as a guest residence while building a new primary home to take full advantage of the elevated vista and surrounding views. The acreage provides flexibility for potential subdivision into multiple buildable lots (subject to city approval) making this an appealing option for investors, builders, or those seeking a private estate setting. Located just minutes from Lake Hamilton amenities, this property combines privacy, view potential, and development opportunity in one of Hot Springs’ sought-after areas.

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www.lakehamiltonlakehomes.com/homes/174535087
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141 Penbay Hot Springs, AR 71901

  • Price: $447,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 26 min ago
  • MLS #: 154684
3
Beds
2
Baths
0
½ Baths
3.24
Acres
1,680
SQFT
$266
$/SQFT
1978
Built
Neighborhood:
28-3S-20
County:
Garland
Area:
Lakeside
School District:
Lakeside
Property Description
3+ Acre Lake Hamilton View Property | Peninsula Point Area Rare opportunity to own approximately 3+ acres in the desirable Peninsula Point area overlooking Lake Hamilton. Positioned on an elevated homesite, this property offers potential for expansive, panoramic lake views and a peaceful, natural setting. The existing one-owner home features a unique architectural design, presenting an opportunity for renovation or reimagining. Ideal for buyers looking to restore the home as a guest residence while building a new primary home to take full advantage of the elevated vista and surrounding views. The acreage provides flexibility for potential subdivision into multiple buildable lots (subject to city approval) making this an appealing option for investors, builders, or those seeking a private estate setting. Located just minutes from Lake Hamilton amenities, this property combines privacy, view potential, and development opportunity in one of Hot Springs’ sought-after areas.
Exterior Features

Exterior Siding Exterior Features PatioScreened PorchPartially FencedFenced Back Yard Lot WoodedMountain ViewVista ViewAcreageIn CityLake View Parking Two CarGarage Roof Composition Waterfront Lake HamiltonLake View

Interior Features

Dining Area Living/Dining Combo Fireplace Woodburning - Site-Built Floors CarpetTileVinyl Plank Foundation Slab Heating Air Conditioning Central Cool - ElectricCentral Heat - Electric Interior Features Breakfast BarWasher ConnectionDryer Connection-ElectricWater Heater-ElectricBalcony/LoftCeiling Fan(s)Primary Bedroom w/Bath Kitchen Equipment Free-Standing StoveMicrowaveDishwasherDisposalRefrigerator Stays Stories Two Story

Property Features

Approx Lot Size 141134 Association Condo Fee 0 Estimated Annual Taxes 239.07 Frequency None Possession At Closing Road Surface Paved Sale Rent For Sale Style Custom Tax Year 2025 Type Residential Single Family Utilities Sewer - MunicipalWater - MunicipalElectric – Entergy

 
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Rachelle McClard | Lake Homes Realty
250 Ledgerwood Rd Apt 15
Hot Springs AR, 71913