Price Reduction - Waterfront
Address
109 Waters Edge, Hot Springs, AR
Price
$ 1,195,000
Property Attributes
  • MLS#154686
  • TypeSingle Family
  • Listing Status Active
  • CountyGARLAND
  • CityHot Springs
  • AreaLakeside
  • NeighborhoodWaters Edge
  • Zip71901
  • Style
  • Year Built1990
  • Taxes$ 4859
  • Price$ 1,195,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3416
  • Lot Size0.16 Acres
Data Source:
Hot Springs BOR
Property Description

Welcome to Waters Edge Cove on Lake Hamilton! A rare opportunity to own a fully updated 5-Bedroom, 3½-Bath lakefront home with an transferable active short-term rental (STR) license and private covered boat dock - offering an exceptional combination of Lake Hamilton lifestyle, recreational enjoyment, and rental income potential. Tucked away on a quiet cul-de-sac in one of Hot Springs' desirable lakefront communities, this turnkey residence has been thoughtfully renovated and is ready for immediate enjoyment as a primary residence, second home, vacation retreat, or continued use as a short-term rental. The home offers approximately 3,416± square feet with a spacious layout designed for comfortable lake living and accommodating family and larger groups. A FEMA Letter of Map Adjustment (LOMA) has been issued for the property, confirming the property is outside the Special Flood Hazard Area, eliminating federally required flood insurance and providing additional financial benefit and peace of mind for waterfront buyers. Recent improvements include new flooring, fresh interior and exterior paint, updated interior and exterior lighting, granite countertops throughout the kitchen and bathrooms, new kitchen appliances, and updated bathrooms with glass-enclosed showers. The result is a clean, modern presentation without the need for a major renovation project. What truly sets this property apart is its rare combination of a transferable active STR license and private covered boat dock - two highly desirable features for buyers seeking both a Lake Hamilton lifestyle and a turnkey rental opportunity. The five-bedroom layout, multiple living areas, generous gathering spaces, and expansive lake-facing areas provide exceptional flexibility for personal use, guests, or continued short-term rental operation. The property has a documented history of successful short-term rental use, with historical rental performance information available to qualified buyers. Combined with the active STR license, this provides a valuable foundation for buyers interested in continuing the property's rental potential or creating their own rental strategy. Outside, enjoy approximately 92 feet of Lake Hamilton shoreline with direct water access, creating the ideal setting for boating, swimming, entertaining, and year-round lake living. Adding to the property's privacy and appeal, it borders a private park owned exclusively by the Waters Edge homeowners, providing exclusive expanse of protected green space offering privacy, tranquility, and a rare natural backdrop on Lake Hamilton. Additional features include an oversized two-car garage, ample parking, and spacious living and entertaining areas designed for both relaxed lake living and memorable gatherings. Ideally located in Hot Springs, the property offers a rare combination of privacy and convenience, just minutes from exceptional dining, shopping, outdoor recreation, and the area’s renowned attractions - putting everything Hot Springs has to offer within easy reach. Whether you're looking for a turnkey lakefront residence, second home, vacation retreat, or short-term rental opportunity, this property offers an uncommon combination of renovation, waterfront, covered dock, active STR licensing, privacy, and recreational access - all in one of Hot Springs' most sought-after lakefront settings.

Price History
3/27/2026 Listed $1,249,000
8/25/2026 5$1,195,000

General Features

Utilities Sewer - Municipal,Water - Municipal,Electric – Entergy,Gas-Natural
Fireplaces Gas Logs,Glass Doors
Garage Two Car,Garage
Full Baths 3
Half Baths 1
Year Built 1990
Other Rooms Formal Living Room,Den/Family Room,Laundry Room,Safe/Storm Room
Subdivision Waters Edge
Stories Count Two Story
County Garland
Class RESIDENTIAL
Type Lakefront Single Family
Tax Year 2025
Associated Document Count 3
Status ACTIVE
Subdivision AR
Sale/Rent For Sale
Docs on File Recorded Plat,House Plans
Green Features LED Lighting
Primary City Hot Springs
Directions Bypass to south on Carpenter Dam Rd,right on Lake Park,right on Bayshore,right on Waters Edge Cv.
City Hot Springs
School District Lakeside
DOM 180
Postal Code 71901
Price Per Sq Ft Total AG 349.82
Public Remarks Welcome to Waters Edge Cove on Lake Hamilton! A rare opportunity to own a fully updated 5-Bedroom,3½-Bath lakefront home with an transferable active short-term rental (STR) license and private cove

Interior Features

Interior Amenities Breakfast Bar,Washer Connection,Dryer Connection-Gas,Dryer Connection-Electric,Water Heater-Gas,Walk-in Shower,Smoke Detector,Window Treatments,Walk-In Closet(s),Ceiling Fan(s),Other (See Remarks),Pr
DINING AREA Separate Dining Room,Eat-In Kitchen,Breakfast Bar
KITCHEN EQUIPMENT Built-In Stove,Microwave,Dishwasher,Disposal,Refrigerator Stays,Ice Maker Connection,Other (See Remarks),Wall Oven(s)
Number of Bedrooms 5

Exterior Features

Exterior Brick
Road Surface Paved
Waterfront Lake Front,1 Stall,Covered,Lake Hamilton,Boat Dock,Floating,Seawall,Swim Dock
Foundation Slab
Lot Size Area 0.16
Exterior Features Deck,Guttering,Lawn Sprinkler
Lot Cul-de-sac,In Subdivision,In City,Lake View
Approx Lot Size 6970
Approx SqFt 3416

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 71901

Price
AVG $390K
$1.2M
Taxes
AVG $1,822
$4,859
Year Built
AVG 1979
1990
Visits
AVG 291
120
Data Provided by Inside Real Estate®

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