Welcome to 183 Rhema Point, a meticulously updated residence where luxury and functionality harmonize perfectly. This lakefront home features 4 bedrooms and 3 full baths, highlighted by a spacious master bedroom with a custom en suite bathroom boasting a zero entry shower and soaking tub, offering a serene retreat. Two full kitchens adorned with granite countertops and stainless steel appliances provide unparalleled convenience and style. Whether you're preparing meals for family gatherings or hosting guests, these well-appointed kitchens cater to every culinary need. Step outside to discover your private oasis, complete with a sparkling (heated) pool ideal for summer entertainment, a flagstone fire pit for cozy evenings, and a boat dock for water enthusiasts. Inside, custom bunk beds ensure comfortable accommodations for family and guests, while the renovated garage, heated and cooled, adds an impressive 1137 sq ft of versatile living space—perfect for a workshop, gym, or additional entertainment area. (4,945 SQFT total heated/cooled). Choose whether to use this incredible space to park or to play. Every detail has been thoughtfully designed for modern living and leisure.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,805
Per Month
Principal & Interest
$6,738
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,114
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Lake Hamilton Elementary School
240 Wolf St
Distance between this listing and this school4.53 miles
Public District Grades 2-3
6
/10
Lake Hamilton Intermediate School
104 Wolf St
Distance between this listing and this school4.65 miles
Public District Grades 4-5
4
/10
Gardner Magnet School
525 Hammond Dr
Distance between this listing and this school4.67 miles
Public Magnet Grades PK-6
Nearby Schools
5
/10
Lake Hamilton Middle School
120 Wolf St
Distance between this listing and this school4.57 miles
Public District Grades 6-7
7
/10
Bismarck Middle School
11636 Highway 84
Distance between this listing and this school8.40 miles
Public District Grades 5-8
7
/10
Lakeside Middle School
1110 Lakeshore Dr
Distance between this listing and this school8.58 miles
Public District Grades 5-7
Nearby Schools
8
/10
Lake Hamilton Jr. High School
281 Wolf St
Distance between this listing and this school4.43 miles
Public District Grades 8-9
5
/10
Lake Hamilton High School
280 Wolf St
Distance between this listing and this school4.53 miles
Public District Grades 10-12
5
/10
Hot Springs World Class High School
701 Emory St
Distance between this listing and this school4.72 miles
The neighbors living near this home have an average income of $58,708. Most Lake Hamilton Township, AR residents have annual incomes less than $35k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 183 Rhema Pt
What is the listing price of this property?
The listing price of 183 Rhema Pt property is $1,349,900.
What type of property is this?
The property 183 Rhema Pt is a house located in Hot Springs, Arkansas, 71913.
Is this property for sale now?
Active Listing: 183 Rhema Pt is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,847 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 9, 2017 for $475,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 183 Rhema Pt has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 183 Rhema Pt is 3,808 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 183 Rhema Pt is 2007.
This home is located at 183 Rhema Pt in Hot Springs, AR and zip code 71913. This 3,808 square foot home, which was built in 2007, sits on a 0.72 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $1,349,900.
In November 2024 more than 2 listings in Lake Hamilton Township, AR were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 8 were sold below. The number of listings in Lake Hamilton Township, AR decreased by 2% between October 2024 and November 2024.
From Rocket Homes Real Estate and based on county public records data.