Welcome to 133 Melmar Terrace where lakefront living brings peaceful joy and family fun! This 2 bedroom 2.5 bath home is spread across two levels, both with a deck/patio overlooking beautiful Lake Hamilton. The main level of the home features a galley style kitchen complete with stainless appliances and a huge walk-in pantry, a living space overlooking the lake and a dining space large enough for the entire family, the master bedroom with en-suite bathroom, walk-in closet and laundry room! The basement features one bedroom with huge walk-in closet and private access bathroom, a large bonus room that could easily be divided to add a 3rd bedroom as well as a half bath down.There is also a patio door leading to the beautiful patio overlooking the lake. Next to the home is your own fully paved driveway down to the lake! No stairs needed! Just drive the car or golf cart! This home features a huge, 2-stall boat dock! The entire home was completely remodeled in 2018 with all new electrical, plumbing, hot water tank, metal roof & 1 of the 2 HVAC units replaced. The other is approx 2016. New deck 2021! New windows & sliding glass doors 2026! 150 Ft of lake frontage! Book your showing soon!
Active
Price cut: $160K (9/21)
$649,900
133 Melmar Ter, Hot Springs, AR 71913
2beds
1,846sqft
Single Family Residence
Built in 1970
0.61 Acres Lot
$797,300 Zestimate®
$352/sqft
$-- HOA
What's special
Large bonus roomLaundry roomWalk-in closetGalley style kitchenHuge walk-in pantryStainless appliancesPatio overlooking the lake
- 16 hours
- 76
- 1
Zillow last checked:
Listing updated:
Listed by:
Dione Jessup 501-209-6164,
Halsey Real Estate - Benton 501-575-9191
Source: CARMLS,MLS#: 26038362
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room, Basement
Dining room
- Features: Separate Breakfast Rm
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Built-In Range, Electric Range, Dishwasher
- Laundry: Laundry Room
Features
- Primary Bedroom/Main Lv
- Flooring: Wood, Luxury Vinyl
- Basement: Full,Finished,Walk-Out Access,Heated,Cooled
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,846
- Total interior livable area: 1,846 sqft
Property
Parking
- Total spaces: 2
- Parking features: Parking Pad, Two Car
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Dock
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, 2 Stalls, Lake Front
Lot
- Size: 0.61 Acres
- Dimensions: 159 x 167 x 159 x 167
- Features: Sloped
Details
- Parcel number: 20054500023000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Crawl Space, Slab/Crawl Combination
- Roof: Metal
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: RESTFUL RIDGE
HOA
- Has HOA: No
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $361,650
- Annual tax amount: $2,856
- Date on market: 9/21/2026
- Listing terms: VA Loan,FHA,Conventional,Cash
- Road surface type: Paved
Estimated market value
$797,300
$757,000 - $837,000
$1,164/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Price change | $649,900-19.8%$352/sqft |
Source:  CARMLS #26038362 Report a problem | ||
| 9/17/2026 | Listed for sale | $809,900+887.7%$439/sqft |
Source: CARMLS #26037875 Report a problem | ||
| 12/23/2002 | Sold | $82,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,301 +6.1% | $71,162 +7.7% |
| 2024 | $3,113 +9.6% | $66,079 +8.3% |
| 2023 | $2,839 +8.7% | $60,996 +9.1% |
| 2022 | $2,611 +8.9% | $55,913 +10% |
| 2021 | $2,397 | $50,830 |
| 2020 | $2,397 +4.1% | $50,830 |
| 2019 | $2,303 +20.4% | $50,830 +9.8% |
| 2018 | $1,912 +8.7% | $46,290 |
| 2017 | $1,759 +12.1% | $46,290 +21% |
| 2016 | $1,569 +38.7% | $38,270 +32.1% |
| 2015 | $1,131 +7.8% | $28,960 +13.9% |
| 2014 | $1,049 +8.2% | $25,423 +8.3% |
| 2013 | $969 +9.1% | $23,467 +9.1% |
| 2012 | $888 +10% | $21,511 +10% |
| 2011 | $808 +24.2% | $19,555 +18.2% |
| 2009 | $650 +9.7% | $16,547 +10% |
| 2008 | $593 +6.3% | $15,043 +7.3% |
| 2007 | $558 | $14,015 +24% |
| 2006 | -- | $11,306 +10% |
| 2005 | -- | $10,278 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 71913
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