Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5

$1,500,000

352 LAKELAND Drive, Hot Springs AR, 71913

Built in1955
Property typeOther

Overview

Active

Listed Jun 3, 2026

Updated Jun 9

Discover an exceptional income-producing property on the shores of beautiful Lake Hamilton. This unique waterfront resort features eight individual guest cottages plus a modern three-story owner’s residence that can also be utilized as a premium rental, creating multiple streams of revenue and endless possibilities for expansion. The charming cottages offer a variety of accommodations, including studio units, a lovely one bedroom with carport, and a spacious 2 bedroom right on the water. Making this property appealing to vacationers, weekend lake enthusiasts, and extended-stay guests alike. A covered two-slip boat dock and swim dock provide direct access to the lake, allowing guests to fully enjoy the waterfront lifestyle. The owner’s residence is thoughtfully designed with modern finishes and stunning lake views. The first level includes a one-car garage, bathroom, storage room for owner. It also includes private access to a dedicated laundry facility serving the resort guests. The second level features an inviting living area with contemporary touches, a fireplace, large walk-in closet, bedroom, bathroom and two private balconies overlooking the property. The top level offers an impressive covered outdoor living space complete with a fire pit and views of the lake—perfect for entertaining or relaxing after a day on the water. Adding even more value, plans are already in place for a second large residence, providing tremendous potential for future development, expanded rental income, or additional owner accommodations. Whether you're seeking a turnkey hospitality investment or a property with room to grow, this rare Lake Hamilton offering combines immediate income potential with outstanding long-term opportunity in one of the area's most desirable waterfront locations.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Waterfront
Yes

Also listed on CARMLS

MLS provider logo

Listed by Nedra Plumlee with Crye-Leike REALTORS Hot Springs
Listing Contact: 501-276-4510 

The IDX display contains information sourced from the Hot Springs Board of REALTORS® as of 6/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Hot Springs Board of REALTORS® all rights reserved.

Data last updated on 6/9/2026 at 11:11 AM UTC

Powered by Luxury Presence