Skip main navigation
Active
  • Price cut: $40K (8/1)
    $290,000

    124 Waterfall Ct, Hot Springs, AR 71913

    4beds
    --sqft
    : 
    $1,817/mo
    Get pre-qualified
    Townhouse
    Built in 2023
    9,147 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Excellent investment opportunity in the desirable Diamondhead community with beautiful water views and a unique layout designed for flexibility and privacy. This duplex offers two income-producing units, each thoughtfully configured to maximize rental potential. On the lower level of each unit, you'll find an open kitchen and living area along with a convenient half bath, creating a comfortable common space for residents and guests. Upstairs, accessed by exterior entry, are two private bedroom suites, each featuring its own full bath and separate entrance. This distinctive design provides added privacy and makes the property especially appealing for short-term rentals, vacation guests, or multiple tenants. Residents and guests will enjoy scenic water views and the amenities of the Diamondhead community, while investors will appreciate the versatility and strong rental possibilities this property offers. Whether you're looking to expand your investment portfolio, generate vacation rental income, or own a property with multiple occupancy options, this duplex presents a rare opportunity in a sought-after lake community. Don't miss your chance to own a unique income-producing property.
    71 days
    422
    35

    Zillow last checked:

    Listing updated:

    Listed by:

    Olga Ward 501-844-5608,

    Trademark Real Estate, Inc. 501-318-3200

    Source: CARMLS,MLS#: 26025224MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Rooms
      • Room types: None
      Dining room
      • Features: Kitchen/Dining Combo, Living/Dining Combo, Breakfast Bar
      Heating
      • Ductless
      Appliances
      • Included: Microwave, Surface Range, Refrigerator, Plumbed For Ice Maker, Electric Water Heater
      Features
      • Ceiling Fan(s), 4 Bedrooms Same Level
      • Flooring: Tile
      • Doors: Insulated Doors
      • Windows: Insulated Windows
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Parking Pad, Two Car
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 9,147 Square Feet
      • Features: Cul-De-Sac, River/Lake Area
      Details
      • Parcel number: 20054975008001

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Bungalow/Cottage
      • Property subtype: Townhouse
      Materials
      • Metal/Vinyl Siding
      • Foundation: Slab
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Electric: Elec-Municipal (+Entergy)
      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Doors

      Community & HOA

      Community
      • Features: Other
      • Subdivision: RIDGE AT LIGHT HOUSE COVE
      HOA
      • Has HOA: No
      Location
      • Region: Hot Springs

      Financial & listing details

      • Tax assessed value: $176,650
      • Annual tax amount: $1,586
      • Date on market: 6/23/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/1/2026Price change$290,000-12.1%
        Source: CARMLS #26025224 Report a problem
        7/31/2026Listed for sale$330,000
        Source: CARMLS #26025224 Report a problem
        7/1/2026Contingent$330,000
        Source: CARMLS #26025224 Report a problem
        6/23/2026Listed for sale$330,000-11.8%
        Source: CARMLS #26025224 Report a problem
        5/22/2025Listing removed$374,000
        Source: HSDS #148621 Report a problem
        4/6/2025Price change$374,000-0.3%
        Source: HSDS #148621 Report a problem
        11/28/2024Price change$375,000-6%
        Source: HSDS #148621 Report a problem
        10/29/2024Listed for sale$399,000-15.8%
        Source: HSDS #148621 Report a problem
        10/15/2024Listing removed$474,000
        Source: HSDS #146212 Report a problem
        10/12/2024Listed for sale$474,000
        Source: HSDS #146212 Report a problem
        7/7/2024Listing removed$474,000-5%
        Source: HSDS #146212 Report a problem
        6/22/2024Price change$499,000-9.3%
        Source: HSDS #146212 Report a problem
        4/30/2024Listed for sale$550,000
        Source: HSDS #146212 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $35,330
        2024-- $35,330
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 71913

        Getting around

        1 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lakeside
        • Middle: Lakeside
        • High: Lakeside

        Source: CARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts