If your idea of the perfect lake place includes wide water views, easy living, and the option to generate income when you’re not using it this one checks the boxes. This third-floor condo in Central Terrace offers beautiful views of Lake Hamilton’s main channel from both the living room and primary bedroom. The open layout creates a comfortable space for everyday living or hosting friends at the lake, and the fireplace adds a cozy touch during cooler months. Step outside onto the spacious deck where mornings start with coffee and evenings end with sunset views over the water. Whether you’re looking for a weekend getaway, a low-maintenance lake home, or a property with strong short-term rental potential, this condo offers flexibility. Being sold fully furnished, including outdoor furniture. It’s ready to enjoy or rent right away. One covered parking space that can fit two cars and a storage room add convenience, and the location puts you just minutes from restaurants, shopping, and everything Hot Springs has to offer.
Closed
Zestimate®
$300,000
137 Central Ter, Hot Springs, AR 71913
2beds
1,542sqft
Townhouse
Built in 2005
-- sqft lot
$300,000 Zestimate®
$195/sqft
$1,948 Estimated rent
Home value
$300,000
$285,000 - $315,000
$1,948/mo
Zestimate® history
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List your homeWhat's special
Wide water viewsSpacious deckOpen layout
Zillow last checked:
Listing updated:
Listed by:
Krystina Bullard 501-303-0344,
Bailey & Company Real Estate
Bought with:
Jan Culp, AR
Trademark Real Estate, Inc.
Source: CARMLS,MLS#: 26009944
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Kitchen/Dining Combo, Living/Dining Combo, Breakfast Bar, Kitchen/Den
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Microwave, Electric Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Electric Water Heater
- Laundry: Laundry Room
Features
- Pantry, 2 Bedrooms Same Level
- Flooring: Tile, Laminate
- Doors: Insulated Doors
- Windows: Insulated Windows
- Has fireplace: Yes
- Fireplace features: Gas Logs Present
Interior area
- Total structure area: 1,542
- Total interior livable area: 1,542 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Two Car
- Has carport: Yes
Features
- Levels: Two
- Patio & porch: Deck
- Exterior features: Storage
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock Community, Lake Front
Lot
- Features: Resort Property
Details
- Parcel number: 20009825002000
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other (see remarks)
- Property subtype: Townhouse
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Gas: Gas-Propane/Butane
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas-Propane/Butane, Underground Utilities
Green energy
- Energy efficient items: Doors
Community & HOA
Community
- Subdivision: CENTRAL TERRACE CONDOMINIUMS HPR
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Pest Control, Maintenance Grounds
- HOA fee: $175 monthly
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $264,700
- Annual tax amount: $2,475
- Date on market: 3/16/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $300,000-4.8%$195/sqft |
Source:  CARMLS #26009944 Report a problem | ||
| 4/30/2026 | Price change | $315,000-5.9%$204/sqft |
Source: CARMLS #26009944 Report a problem | ||
| 3/16/2026 | Listed for sale | $334,900-2.9%$217/sqft |
Source: CARMLS #26009944 Report a problem | ||
| 6/26/2025 | Listing removed | $345,000$224/sqft |
Source: CARMLS #25000906 Report a problem | ||
| 3/3/2025 | Price change | $345,000-1.4%$224/sqft |
Source: CARMLS #25000906 Report a problem | ||
| 1/7/2025 | Listed for sale | $350,000-6.7%$227/sqft |
Source: CARMLS #25000906 Report a problem | ||
| 12/24/2024 | Listing removed | $375,000$243/sqft |
Source: CARMLS #24030827 Report a problem | ||
| 8/23/2024 | Listed for sale | $375,000+122.6%$243/sqft |
Source: CARMLS #24030827 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/26/2020 | Listing removed | $168,500$109/sqft |
Source: Owner Report a problem | ||
| 12/27/2019 | Pending sale | $168,500$109/sqft |
Source: Owner Report a problem | ||
| 9/24/2019 | Price change | $168,500-1.7%$109/sqft |
Source: Owner Report a problem | ||
| 8/19/2019 | Listed for sale | $171,500+9.2%$111/sqft |
Source: Owner Report a problem | ||
| 2/2/2009 | Sold | $157,000-3.7%$102/sqft |
Source: Public Record Report a problem | ||
| 6/22/2005 | Sold | $163,000$106/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,211 -4% | $38,150 +4.3% |
| 2024 | $1,261 +2% | $36,560 +4.5% |
| 2023 | $1,237 +1.8% | $34,970 +4.8% |
| 2022 | $1,216 +5.6% | $33,380 +5% |
| 2021 | $1,151 -24.6% | $31,790 |
| 2020 | $1,526 +6% | $31,790 |
| 2019 | $1,440 +9.7% | $31,790 |
| 2018 | $1,313 | $31,790 |
| 2017 | $1,313 -5.3% | $31,790 -5.3% |
| 2016 | $1,387 | $33,580 |
| 2015 | $1,387 +0.1% | $33,580 |
| 2014 | $1,386 -0.1% | $33,580 |
| 2013 | $1,387 | $33,580 |
| 2012 | $1,387 -22% | $33,580 -22% |
| 2011 | $1,778 +67.6% | $43,060 +19.9% |
| 2009 | $1,061 -25% | $35,900 |
| 2008 | $1,414 -1% | $35,900 |
| 2007 | $1,429 | $35,900 +8875% |
| 2006 | -- | $400 |
| 2005 | -- | $400 |
Find assessor info on the county website
Neighborhood: Lake Hamilton
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Nearby schools
GreatSchools rating
- NALakeside Primary SchoolGrades: PK-1Distance: 5.9 mi
- 9/10Lakeside High SchoolGrades: 8-12Distance: 6 mi
- 8/10Lakeside Intermediate SchoolGrades: 2-4Distance: 5.9 mi
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- Arkansas
- Garland County
- Hot Springs
- 71913
- Lake Hamilton
- 137 Central Ter
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