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229 Long Island Dr, Hot Springs, AR, 71913

5beds
4baths
3,011sqft
$1,150,000
$382price/sqft
$7,446/moest. monthly cost
$297,840/yrincome needed

About This Home

Incredible Multi-Home Lakefront Property on Lake Hamilton! Located on highly desirable Long Island Drive, this unique property offers exceptional versatility, investment potential, and breathtaking main-channel views. With nearly one acre of land and over 100 feet of lake frontage, this rare find includes two full homes, a guest cabin, a three-stall covered boat dock, and a beautifully designed courtyard ideal for entertaining. The main home (road-side) features 3 bedrooms and 3 full baths, while the guest home (lake-side) includes 2 bedrooms and 1 full bath. Between them sits a fully equipped guest cabin with kitchenette and full bath—perfect for overflow guests, a private office, or an additional rental space. Recent updates include new roofs on all structures, newly renovated bathrooms, modern interior touches, and preserved mid-century character. The property has a proven history as a successful short-term rental and is located outside city limits—no STR permit required. All furnishings convey, offering a turn-key opportunity for investors or those seeking a multi-home lake retreat.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

--
Lakeside Primary SchoolGrades PK-15.5 mi
7/10
9/10
Lakeside High SchoolGrades 9-125.6 mi

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Crawl Space
  • Roof: Tile,Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow/Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Range,Microwave,Gas Range,Dishwasher,Disposal,Refrigerator,Gas Water Heater
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Features: Separate Dining Room,Separate Breakfast Rm,Living/Dining Combo

Features

  • Built-in Features,Ceiling Fan(s),Walk-in Shower,Breakfast Bar,2 Bedrooms Same Level,3 Bedrooms Same Level
  • Flooring: Wood
  • Fireplace features: Gas Logs Present
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,011
  • Total interior livable area: 3,011 sqft

Property

Details

  • Parcel number: 10009129000

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Deck,Porch
  • Exterior features: Rain Gutters,Dock
  • Fencing: Partial
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Dock - Covered,Boat Slip,Lake Front,Lake
  • Waterbody name: Lake: Hamilton

Lot

  • Lot size: 0.80 Acres
  • Features: Seawall

Parking

  • Total spaces: 1
  • Parking features: Garage,Parking Pad,One Car
  • Has garage: Yes