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651 Peninsula Dr #28, Hot Springs National Park, AR, 71901

2beds
3baths
1,188sqft
$219,000
$184price/sqft
$1,495/moest. monthly cost
$59,800/yrincome needed

About This Home

Looking for a full-time vacation? Welcome to Baywood Colony—your lakeside retreat on beautiful Lake Hamilton! This fully furnished 2-bedroom, 2.5 bath condo offers 1,188 sq ft of stylish comfort and peaceful views from your private patio. Whether you’re sipping morning coffee or winding down with a sunset glass of wine, the lake is always your backdrop. Move-in ready! This gated community offers resort-style living with a sparkling pool, lots of common areas for evening strolls, and a boat dock to soak up the summer fun. Perfectly located not far from shopping, dining, and medical services, you’ll love the convenience as much as the relaxation. Whether you're searching for a full-time residence, weekend escape, or investment opportunity—this one checks all the boxes. Don't miss your chance to live the lake life—schedule your private showing today!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

--
Lakeside Primary SchoolGrades PK-13.4 mi
7/10
9/10
Lakeside High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Slab/Crawl Combination
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

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

Bedrooms & Bathrooms

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

Dining Room

  • Features: Eat-in Kitchen

Features

  • Walk-in Shower,All Bedrooms Up,2 Bedrooms Same Level
  • Flooring: Luxury Vinyl
  • Fireplace features: Woodburning-Site-Built
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,188
  • Total interior livable area: 1,188 sqft

Property

Features

  • Levels: Multi/Split
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Patio
  • Exterior features: Dock
  • Waterfront features: Dock,Dock - Covered,Boat Slip,Lake
  • Waterbody name: Lake: Hamilton

Lot

  • Features: Subdivided

Parking

  • Parking features: Parking Pad

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

How This Home’s Risks Compare

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

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 $1,107$13,284
Home Insurance $167$2,004
Property Taxes $87$1,044
Electricity $134$1,616
Total$1,495$17,940

Income You'd Need if You Spent...

35% on housing$51,257/yr
40% on housing$44,850/yr
45% on housing$39,866/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

$184This listing

vs Other Active Listings

Avg $/sqft

ZIP 71901$132
Garland County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 71901$154
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
2026-04-09Listed for sale$229,000

For Sale by Agent

AgentTammy J Browning
BrokerageTrademark Real Estate, Inc.

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