Turnkey Investment on Lake Hamilton! This stunning, fully updated 2-bedroom, 2-bathroom condo offers an incredible opportunity to own a income-generating property. Located in the heart of Hot Springs, this residence comes fully furnished with modern, high-end decor and a fully stocked kitchen, making it completely guest-ready from day one. Step inside to an open-concept living space featuring sleek flooring and updated fixtures. Both spacious bedrooms serve as peaceful retreats, paired with beautifully remodeled bathrooms. Relax on your private balcony and take advantage of direct, premium Lake Hamilton access—perfect for boating, swimming, and lakeside fun. Best of all, this property boasts an active short-term rental license, allowing you to bypass strict city waiting lists and start hosting immediately. Whether you are looking for a lucrative addition to your real estate portfolio, a personal vacation getaway, or a mix of both, this updated lakeside gem is the ultimate hands-free investment. Don't miss out!
For sale
$235,000
118 Pretti Point, Hot Springs, AR 71913
2beds
1,126sqft
Condo/Townhouse
Built in 2005
-- sqft lot
$226,400 Zestimate®
$209/sqft
$-- HOA
What's special
Private balconyBeautifully remodeled bathroomsSpacious bedroomsFully stocked kitchenOpen-concept living spaceUpdated fixturesSleek flooring
- 16 hours
- 80
- 5
Zillow last checked:
Listing updated:
Listed by:
Greg Calaway 501-529-1921,
Baxley-Penfield-Moudy Realtors 501-315-5000
Source: HSDS,MLS#: 157768
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Great Room
Heating
- Central Heat - Electric
Cooling
- Central Cool - Electric
Appliances
- Included: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Refrigerator, Electric Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,126
- Total interior livable area: 1,126 sqft
Property
Parking
- Total spaces: 2
- Parking features: Parking Pad, Two Car
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Waterfront features: Lake Hamilton
- Body of water: Lake Hamilton
Lot
- Features: Resort Property, In Subdivision, In City
Details
- Parcel number: 40045555004000
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Condo/Townhouse
Materials
- Brick, Vinyl Siding, Sheet Rock
- Foundation: Slab/Crawl Combination
- Roof: Composition
Condition
- Year built: 2005
Utilities & green energy
- Electric: Electric – Entergy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool, Mandatory Fee, Short-Term Rental
- Subdivision: Moonlgt Cv Vill
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance Structure, Pest Control, Maintenance Grounds, Trash
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $173,250
- Annual tax amount: $1,570
- Date on market: 10/28/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$226,400
$215,000 - $238,000
$1,932/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2026 | Listed for sale | $235,000+35.8%$209/sqft |
Source:  HSDS #157768 Report a problem | ||
| 4/29/2026 | Sold | $173,000-8.5%$154/sqft |
Source:  CARMLS #25040977 Report a problem | ||
| 2/14/2026 | Contingent | $189,000$168/sqft |
Source: CARMLS #25040977 Report a problem | ||
| 10/12/2025 | Listed for sale | $189,000+37%$168/sqft |
Source: CARMLS #25040977 Report a problem | ||
| 1/5/2020 | Sold | $138,000-1.4%$123/sqft |
Source: CARMLS #20004102 Report a problem | ||
| 8/31/2005 | Sold | $140,000+3.7%$124/sqft |
Source: Public Record Report a problem | ||
| 6/13/2005 | Sold | $135,000$120/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $666 -8.7% | $28,008 +4.3% |
| 2024 | $729 -0.8% | $26,841 +4.5% |
| 2023 | $735 +0.4% | $25,674 +4.8% |
| 2022 | $733 +5.9% | $24,507 +5% |
| 2021 | $692 | $23,340 |
| 2020 | $692 0% | $23,340 |
| 2019 | $692 -11% | $23,340 |
| 2018 | $777 | $23,340 |
| 2017 | $777 +9.5% | $23,340 -9.1% |
| 2016 | $710 | $25,670 |
| 2015 | $710 +0% | $25,670 |
| 2014 | $710 0% | $25,670 |
| 2013 | $710 | $25,670 |
| 2012 | $710 -7.2% | $25,670 -5% |
| 2011 | $766 -9.1% | $27,010 -6.4% |
| 2009 | $842 | $28,870 |
| 2008 | $842 -5.9% | $28,870 |
| 2007 | $895 | $28,870 +7117.5% |
| 2006 | -- | $400 |
| 2005 | -- | $400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 71913
Nearby schools
Schools provided by the listing agent
- District: Hot Springs
Source: HSDS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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