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Address Not Disclosed - MLS#24044197, Hot Springs, AR, 71913

$12,000,000

0 Baths
28,800 SqFt
$417/SqFt
House

Property Highlights

Home TypeSingle Family Residence
ParkingParking Pads, Four Car or More
Year Built2024
HeatingCentral, Electric
CoolingCentral Air
ViewLake, Water
MLS #24044197
Lot Size2.00 Acres
StatusActive

About This Home

Discover an unparalleled investment opportunity with 8 brand-new luxury lakefront homes, ideally located in the vibrant and historic town of Hot Springs, Arkansas. These breathtaking properties combine waterfront tranquility with proximity to some of the region's most iconic attractions, offering the perfect blend of relaxation and excitement. Each home features 7 spacious bedrooms, 4 luxurious bathrooms, sleeping 16 people per home, two expansive living areas, a private home theater, and an elevated second-story deck with sweeping lake views. Enjoy year-round comfort with a private heated pool for each residence and seamless lake access via dedicated boat slips. Situated just minutes from Hot Springs’ most popular attractions, these homes offer unmatched convenience. Guests can experience the thrills of Oaklawn Racing Casino Resort, the charm and history of Bathhouse Row, the natural beauty of Garvan Woodland Gardens, and the scenic splendor of Hot Springs National Park. With a projected annual income of $1.2 million, this development is a rare opportunity for investors looking to secure a lucrative vacation rental portfolio. *Income & expenses are estimates. *

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 2
  • Living Area: 28,800 SqFt

Listing Office:

  • Office Name: Moses Tucker Partners
  • Office Phone: (501) 376-6555
  • Listing Agent: Zach Saxion

Interior Features

Interior Information:

  • Appliances: Stove, Microwave, Dishwasher, Disposal, Bar Fridge
  • Flooring Type: Partial Carpet, Tile, Wood

Exterior Features

Exterior Information:

  • View: Lake, Water

Parking Information:

  • Parking: Parking Pads, Four Car or More

Lot Features

Lot Information:

  • Lot: Sloped, Cleared, Views, Waterfront, Sloped Down
  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,000,000
  • Price Per SqFt: $417/SqFt
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Housing Market Comparison

See how this home compares to others in Hot Springs Township, AR.

Med. Sold Price

$221.5K

Med. Price/SqFt

$137

# of Sold Homes

58

This property vs Hot Springs Township

7 DAYS ON ROCKET

$12,000,000

+$11.7M More

$417/SqFt

+$279 More

KEY TAKEAWAY

This property is $11.7M more than the Median Sold Price and $279/SqFt more than other homes in Hot Springs Township, AR.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #24044197

Listing Office:

  • Office Name: Moses Tucker Partners
  • Office Phone: (501) 376-6555
  • Listing Agent: Zach Saxion

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$59.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$36K

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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.

Nearby Schools

school-card-donut-4503038
4
/10
  • Oaklawn STEM Magnet School

  • 301 Oaklawn St

  • 2.22 miles

  • Public Magnet Grades PK-6

school-card-donut-4503039
7
/10
  • Park Magnet IB World School

  • 617 Main St

  • 2.81 miles

  • Public Magnet Grades PK-6

school-card-donut-4503040
7
/10
  • Lakeside Intermediate School

  • 2855 Malvern Ave

  • 3.01 miles

  • Public District Grades 2-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,179. Most Hot Springs Township, AR residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket Homes›Arkansas›Garland County›Hot Springs Township›71913›Address Not Disclosed

This 28,800 square foot home, which was built in 2024, sits on a 2.00 acre lot. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $12,000,000.

In November 2024, from all listings sold in Hot Springs Township, AR there were more than 9 sold above asking price, over 30 sold below and more than 13 were sold right at the asked price. The number of listings in Hot Springs Township, AR decreased by 0.6% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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