This beautiful Lake Hamilton condo is a successful nightly rental, grossing over $30,000.00 of income last year. Unlike typical condo settings, this property is just a few flat steps to the lake's edge, offering immersive water views from the comfort of your living room. The open, single-level floor plan includes 2-bedrooms, 2-baths, and updates galore - including a master suite with a gorgeous tiled shower, stainless appliances in the kitchen, and tasteful furnishings throughout. A short-term-rental permit is currently in place, offering a turn-key investment opportunity with an established rental history. You'll also appreciate owning a lake-front home without the hassle of boat dock and/or exterior maintenance, allowing it to be managed remotely, if desired. Chesswood complex offers a gated entrance, a swimming/fishing dock, a private pool, and a grilling area. Great location, just minutes from beautiful downtown Hot Springs, Oaklawn Racing, shopping, and restaurants. Whether you're looking for a charming lake condo or an income-producing investment, this property offers abundant potential.
Closed
$310,000
1319 Airport Rd UNIT 3F, Hot Springs National Park, AR 71913
2beds
1,065sqft
Townhouse
Built in 1984
-- sqft lot
$312,500 Zestimate®
$291/sqft
$1,328 Estimated rent
Home value
$312,500
$281,000 - $347,000
$1,328/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 29, 2025 at 11:46am
Listed by:
Amber White 501-922-7508,
White Stone Real Estate
Bought with:
Amber White, AR
White Stone Real Estate
Source: CARMLS,MLS#: 25010257
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Kitchen/Dining Combo
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Microwave, Electric Range, Dishwasher, Electric Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- 2 Bedrooms Same Level
- Flooring: Carpet, Tile, Luxury Vinyl
- Basement: None
- Has fireplace: Yes
- Fireplace features: Factory Built, Other
- Furnished: Yes
Interior area
- Total structure area: 1,065
- Total interior livable area: 1,065 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock - Swimming, Lake Front
Lot
- Features: Waterfront
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Other
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Pool, Mandatory Fee
Location
- Region: Hot Springs National Park
- Subdivision: Chesswood HPR
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
- Services included: Water/Sewer
Other
Other facts
- Listing terms: VA Loan,FHA,Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | $310,000-1.6%$291/sqft |
Source:  CARMLS #25010257 | ||
| 4/21/2025 | Contingent | $315,000$296/sqft |
Source: CARMLS #25010257 | ||
| 3/17/2025 | Listed for sale | $315,000-4.3%$296/sqft |
Source: CARMLS #25010257 | ||
| 10/23/2024 | Listing removed | $329,000$309/sqft |
Source: CARMLS #24013887 | ||
| 10/5/2024 | Price change | $329,000-4.6%$309/sqft |
Source: CARMLS #24013887 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 71913
Nearby schools
GreatSchools rating
- 7/10Lake Hamilton Intermediate SchoolGrades: 4-5Distance: 5.2 mi
- 5/10Lake Hamilton Middle SchoolGrades: 6-7Distance: 5.1 mi
- 5/10Lake Hamilton High SchoolGrades: 10-12Distance: 5.3 mi
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