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518 Amity Rd APT U1, Hot Springs National Park, AR, 71913

4beds
4baths
3,440sqft
$699,000
$203price/sqft
$4,642/moest. monthly cost
$185,680/yrincome needed

About This Home

This rare and unique Millennium Bay beauty has extras upon extras leaving no amenity unturned! Boasting 3,440 square feet, this spacious two-level unit is like having two condos in one. The upper level is conveniently walk-in, open concept living, and includes a primary suite and a guest room and guest bath. Downstairs opens up into another open concept living space with another full kitchen, two bedrooms and one and a half baths. Both levels also have two balconies to enjoy the peaceful setting and of course lake views. The lower level also has it's own exterior entrance making this a great opportunity for an in-law's quarters, large family, or if you just want extra space to entertain your guests! You also have the ability to lease the units separately making this also an income opportunity. This unit also comes with a boat slip! Enjoy the beautiful pool & picnic areas, gorgeous grounds, and the convenience of the community boat ramp. Unit U1 is also located at the end of the cove and the perimeter of the complex that gives added privacy by bordering a wooded area. Aside from the one car garage, U1 also has three additional parking pads. Must see! Call today!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

--
Lakeside Primary SchoolGrades PK-17.1 mi
7/10
9/10
Lakeside High SchoolGrades 9-127.2 mi

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Stucco

Type & Style

  • Home type: Townhouse
  • Architectural style: Other (see remarks)
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Microwave,Gas Range,Electric Range,Dishwasher,Disposal,Trash Compactor,Refrigerator,Gas Water Heater
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Separate Dining Room,Kitchen/Dining Combo,Living/Dining Combo,Breakfast Bar

Features

  • Wet Bar,Walk-In Closet(s),Built-in Features,Ceiling Fan(s),Walk-in Shower,Breakfast Bar,Granite Counters,Kit Counter-Formica,Sheet Rock,Primary Bedroom/Main Lv,Guest Bedroom/Main Lv,Primary Bed. Sitting Area,2 Bedrooms Upper Level,2 Bedrooms Lower Level
  • Window features: Window Treatments
  • Flooring: Wood,Tile,Luxury Vinyl
  • Fireplace features: Gas Logs Present
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,440
  • Total interior livable area: 3,440 sqft

Property

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Storage,Rain Gutters
  • Has spa: Yes
  • Spa features: Whirlpool/Hot Tub/Spa
  • Has view: Yes
  • View description: Mountain(s),Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Cove,Boat Slip,Ski Lake,Lake Front

Lot

  • Features: Sloped,Level,Zero Lot Line,Subdivided,River/Lake Area,Sloped Down,Common to Lake,Waterfront
  • Lot size dimensions: 0 x 0

Parking

  • Total spaces: 4
  • Parking features: Garage,Parking Pad,Four Car or More
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Tornado
Hail
Heat Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance $580$6,960
Property Taxes $279$3,348
Electricity $249$2,989
Total$4,642$55,704

Income You'd Need if You Spent...

35% on housing$159,154/yr
40% on housing$139,260/yr
45% on housing$123,786/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$203This listing

vs Other Active Listings

Avg $/sqft

ZIP 71913$211
Garland County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 71913$155
Garland County$152

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-08Listed for sale$724,900
2026-03-18Listing removed$734,900
2025-12-12Price change$734,900
2025-09-19Listed for sale$749,000
2023-05-31Sold$677,505
2023-04-10Pending sale$699,000
2023-04-10Contingent$699,000
2022-10-19Listed for sale$699,000

For Sale by Agent

AgentMiranda Redman
BrokerageMeyers Realty Company

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