102 & 108 Cedar Point Rd #A-b, Hot Springs National Park, AR, 71913
About This Home
Lake Hamilton Lakefront Multi-Family Property | Income Potential | Multiple Homes & Lots Rare Lake Hamilton lakefront multi-family opportunity situated on approximately 0.75 acre with multiple lots and expansive lake views. This centrally located property offers a park-like setting, wrap-around deck, and direct lakefront access in a highly sought-after area. The property includes three separate residential rental opportunities: Main House: A well-maintained 3-bedroom, 2.5-bath single-family cottage-style home with lake views and access to outdoor living spaces. Duplex: A two-unit building featuring a 2-bedroom unit on the lower level and a 1-bedroom unit on the upper level, each with a private entrance, allowing for flexible use or rental options. Vacant Lakefront Lot: An additional vacant lot with Lake Hamilton frontage, offering future use potential subject to buyer verification and applicable approvals. The homes have been well cared for and retain original character, with lake views visible throughout the property. The central location provides convenient access to shopping, dining, and area amenities. A unique opportunity to own a Lake Hamilton lakefront income property with multiple structures, lake views, and development flexibility. Listed as Residential Lake under MLS #151931
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Construction materials: Cedar
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Eat-in Kitchen
- Flooring: Carpet,Wood,Ceramic/Porcelain
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Central Cool - Electric,Zoned
Interior Area
- Total structure area: 1,727
- Total interior livable area: 1,727 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio,Deck
- Has view: Yes
- View description: Vista View,Lake
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Lake Front,Lake Hamilton,Lakefront Single Family
- Waterbody name: Lake Hamilton
Lot
- Lot size: 1.03 Acres
- Features: Sloped,Cleared,In City
- Lot size dimensions: 45000
Parking
- Parking features: Parking Pad
- Has uncovered spaces: 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
- Ice Storm
- Tornado
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,019 | $48,228 |
| Home Insurance | $659 | $7,908 |
| Property Taxes | $317 | $3,804 |
| Electricity | $134 | $1,616 |
| Total | $5,129 | $61,548 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-18 | Price change | $795,000 |
| 2025-11-23 | Listed for sale | $825,000 |
For Sale by Agent
View on Zillow