Welcome to 251 Willman Square in Hot Springs, AR—where modern updates meet lakeside living. This beautifully renovated 5-bedroom, 4-bath home offers lake views, community access to Lake Catherine, and a private neighborhood boat launch. Completely updated and expanded in 2021, major improvements include new plumbing, electrical, HVAC, hot water heater, and additional square footage. Inside, you'll find luxury vinyl plank flooring, abundant natural light, quartz countertops throughout, spacious bedrooms, and large closets. The primary suite features a soaking tub, oversized walk-in shower, dual vanities, private water closet, and walk-in closet. Enjoy lake views from the deck or entertain on the patio overlooking the large backyard with a fire pit. Situated on a corner lot, the property also includes a storage building with electricity that could serve as a workshop or storage. Located outside city limits, this property offers flexibility for a primary residence, vacation home, or potential short-term rental. Minutes from Lakeside School District, HS Country Club, and downtown Hot Springs. USDA Rural Development eligible for $0 money down option. Call 501-209-1530 for a showing.
Active
$399,500
Hot Springs, AR 71901
5beds
2,324sqft
Single Family Residence
Built in 1970
0.28 Acres Lot
$382,900 Zestimate®
$172/sqft
$-- HOA
What's special
Modern updatesPrivate water closetLake viewsPrivate neighborhood boat launchWalk-in closetLarge closetsOversized walk-in shower
- 1 day |
- 94 |
- 7 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Lane Cowart 501-545-9344,
Hometown Investments & Realty 501-303-6870
Source: CARMLS,MLS#: 26025222
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Den/Family Room, Workshop/Craft
Dining room
- Features: Eat-in Kitchen, Kitchen/Dining Combo
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Microwave, Electric Range, Dishwasher, Disposal, Refrigerator
- Laundry: Laundry Room
Features
- Primary Bedroom Apart, Primary Bed. Sitting Area, 4 Bedrooms Same Level
- Flooring: Luxury Vinyl
- Has fireplace: Yes
Interior area
- Total structure area: 2,324
- Total interior livable area: 2,324 sqft
Property
Parking
- Total spaces: 4
- Parking features: Four Car or More, Parking Pad, Garage Faces Side
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.28 Acres
- Dimensions: 125 x 97
- Features: Level, Corner Lot
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: PARK SHORES
HOA
- Has HOA: No
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $172/sqft
- Annual tax amount: $1,410
- Date on market: 6/23/2026
- Road surface type: Paved
Estimated market value
$382,900
$364,000 - $402,000
$1,817/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $399,500+232.9%$172/sqft |
Source: | ||
| 6/4/2024 | Listing removed | $120,000+9.1%$52/sqft |
Source: | ||
| 10/14/2022 | Sold | $110,000-8.3%$47/sqft |
Source: | ||
| 9/16/2022 | Contingent | $120,000$52/sqft |
Source: | ||
| 9/10/2022 | Listed for sale | $120,000$52/sqft |
Source: | ||
| 9/4/2022 | Contingent | $120,000$52/sqft |
Source: | ||
| 8/31/2022 | Listed for sale | $120,000$52/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,520 -7.7% | $44,770 |
| 2024 | $1,647 +133% | $44,770 +96.7% |
| 2023 | $707 -12.1% | $22,760 +47.2% |
| 2022 | $804 +8.4% | $15,466 +10% |
| 2021 | $742 | $14,060 |
| 2020 | $742 +16.5% | $14,060 |
| 2019 | $637 +9.7% | $14,060 |
| 2018 | $581 | $14,060 |
| 2017 | $581 +8.2% | $14,060 +8.2% |
| 2016 | $537 | $13,000 |
| 2015 | $537 +0.2% | $13,000 |
| 2014 | $536 -0.2% | $13,000 |
| 2013 | $537 | $13,000 |
| 2012 | $537 +143.2% | $13,000 -5.9% |
| 2011 | $221 -68.2% | $13,820 -21.7% |
| 2009 | $694 +169% | $17,660 +14.4% |
| 2008 | $258 -10.3% | $15,431 +4.5% |
| 2007 | $288 | $14,762 +5.1% |
| 2006 | -- | $14,048 +5% |
| 2005 | -- | $13,379 +9.5% |
| 2004 | -- | $12,215 +5% |
| 2003 | -- | $11,633 +5.3% |
| 2001 | -- | $11,049 |
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 71901
Nearby schools
GreatSchools rating
- 7/10Lakeside Middle SchoolGrades: 5-6Distance: 2.1 mi
- 9/10Lakeside High SchoolGrades: 8-12Distance: 2.3 mi
- 8/10Lakeside Intermediate SchoolGrades: 2-4Distance: 2.3 mi
A local agent can set up tours, give advice and negotiate with sellers.






