272 Promise Land Dr, Hot Springs, AR, 71901
About This Home
A once-in-a-generation opportunity in the heart of Hot Springs, this exceptional 8.89-acre wooded estate offers unmatched privacy, scale, and versatility. With 4,854 sq ft, it’s ideal as a private family retreat, high-performing Airbnb, or turn-key specialty business. Built in 2002 with a professionally designed annex added in 2010, the property blends comfort with income potential. The main home features 3 bedrooms, 2 full baths, light-filled living and dining areas, an open kitchen with ample storage, and a new roof (2024). The annex—currently operating as a successful Airbnb and formerly licensed for elder care—includes three private suites with dressing areas and terrace access, 2.5 baths, shared living space, accessibility features, and a finished basement for storage or expansion. Surrounded by nearly nine acres of peaceful forest with ample parking and total seclusion—yet minutes from Magic Springs, Oaklawn, Off-Road Park, and Hot Springs National Park—this is a truly rare, irreplaceable property.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2002
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Range,Microwave,Electric Range,Dishwasher,Trash Compactor,Refrigerator
- Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Dining Room
- Features: Eat-in Kitchen,Separate Breakfast Rm,Kitchen/Dining Combo,Breakfast Bar
Features
- Ceiling Fan(s),Walk-in Shower,Primary Bedroom/Main Lv
- Flooring: Carpet,Wood
- Fireplace features: Electric
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 4,854
- Total interior livable area: 4,854 sqft
Property
Accessibility
- Accessibility features: Customized Wheelchair Accessible,Handicapped Design
Details
- Parcel number: 10001731000
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Other
- Has view: Yes
- View description: Mountain(s)
Lot
- Lot size: 8.89 Acres
- Features: Rural Property,Wooded,Not in Subdivision
Parking
- Parking features: Garage,Parking Pad
- 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
- Ice Storm
- Strong Wind
- Tornado
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Winter Weather
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 | $4,803 | $57,636 |
| Home Insurance | $725 | $8,700 |
| Property Taxes | $380 | $4,560 |
| Electricity | $351 | $4,218 |
| Total | $6,259 | $75,108 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-04 | Listed for sale | $950,000 |
| 2026-04-04 | Listing removed | $999,999 |
| 2026-03-12 | Price change | $999,999 |
| 2025-12-18 | Listed for sale | $1,050,000 |
| 2007-05-15 | Sold | $265,000 |
| 2001-01-30 | Sold | $20,000 |
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