Welcome to River Mill on beautiful Lake Hamilton. This charming ground-level lakeside condo offers the perfect combination of relaxation and investment potential. Featuring 1 bedroom and 1 bath, the unit is well maintained, all electric, and showcases a wonderful lake view from the covered patio — an ideal spot to enjoy peaceful mornings or unwind after a day on the water. Currently operating as a successful vacation rental, the condo stays consistently busy and offers excellent income-producing potential for investors or those seeking a personal weekend retreat. Additional features include one deeded parking space and convenient access to the lakeside boardwalk, perfect for evening strolls or temporarily mooring your watercraft. Located on the west side of Hot Springs in the county, just below Blakely Mountain Dam on the main channel of Lake Hamilton, this property offers the best of lakeside living with easy access to area attractions, dining, and recreation. Due to the popularity of the vacation rental program, advance notice is recommended for showings. Whether you are searching for a relaxing waterfront escape, a weekend getaway, or an income-producing addition to your real estate collection, River Mill appreciates your consideration.
For sale
Price cut: $10K (7/9)
$120,000
183 River Mill Ct, Hot Springs, AR 71913
1beds
408sqft
Condominium
Built in 1984
-- sqft lot
$114,100 Zestimate®
$294/sqft
$200/mo HOA
What's special
- 115 days
- 1,003
- 49
Zillow last checked:
Listing updated:
Listed by:
Chris Rix,
Rix Realty - Advantage Team Realtors 501-205-1900
Source: HSDS,MLS#: 155389
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central Heat - Electric
Cooling
- Central Cool - Electric
Appliances
- Included: Free-Standing Stove, Electric Range, Refrigerator
Features
- Breakfast Bar, Ceiling Fan(s), Sheet Rock Ceiling, Living/Dining Combo
- Flooring: Carpet, Tile
- Windows: Insulated Windows
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 408
- Total interior livable area: 408 sqft
Property
Parking
- Total spaces: 1
- Parking features: One Car, Assigned
- Covered spaces: 1
Features
- Levels: One,1st Floor - Condo
- Stories: 1
- Patio & porch: Patio, Porch
- Exterior features: Swim Dock
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake Hamilton, Boardwalk, Deeded Lake Access, Seawall, Lakefront Condo
- Body of water: Lake Hamilton
Lot
- Features: Level, Out of City
Details
- Parcel number: 20011005038000
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Frame, Sheet Rock
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1984
Utilities & green energy
- Electric: Electric – Entergy
- Water: POA Water
Green energy
- Energy efficient items: Doors
Community & HOA
Community
- Features: Picnic Area, Mandatory Fee, Short-Term Rental
- Subdivision: Clearwater Point Hpr
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Water/Sewer
- HOA fee: $200 monthly
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $95,900
- Annual tax amount: $615
- Date on market: 5/8/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$114,100
$108,000 - $120,000
$1,016/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $120,000-7.7%$294/sqft |
Source: | ||
| 5/8/2026 | Listed for sale | $130,000-40.4%$319/sqft |
Source: | ||
| 4/24/2025 | Listing removed | $218,000$534/sqft |
Source: | ||
| 3/22/2025 | Contingent | $218,000$534/sqft |
Source: | ||
| 3/12/2025 | Listed for sale | $218,000+34.6%$534/sqft |
Source: | ||
| 6/27/2024 | Sold | $162,000-6.4%$397/sqft |
Source: | ||
| 5/14/2024 | Contingent | $173,000$424/sqft |
Source: | ||
| 4/15/2024 | Price change | $173,000-5.5%$424/sqft |
Source: | ||
| 3/13/2024 | Listed for sale | $183,000-23.1%$449/sqft |
Source: | ||
| 12/19/2023 | Listing removed | $238,000$583/sqft |
Source: | ||
| 7/15/2023 | Listing removed | -- |
Source: | ||
| 6/19/2023 | Listed for sale | $238,000+64.1%$583/sqft |
Source: | ||
| 3/16/2022 | Sold | $145,000+4.3%$355/sqft |
Source: | ||
| 2/14/2022 | Contingent | $139,000$341/sqft |
Source: | ||
| 2/13/2022 | Listed for sale | $139,000+44%$341/sqft |
Source: | ||
| 10/27/2015 | Sold | $96,500+4.9%$237/sqft |
Source: Public Record Report a problem | ||
| 11/3/2010 | Sold | $92,000-14%$225/sqft |
Source: Public Record Report a problem | ||
| 3/28/2008 | Sold | $107,000$262/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $840 -1.4% | $19,180 |
| 2024 | $852 +1.4% | $19,180 |
| 2023 | $840 | $19,180 |
| 2022 | $840 +9.9% | $19,180 +10.9% |
| 2021 | $764 | $17,290 |
| 2020 | $764 0% | $17,290 |
| 2019 | $764 | $17,290 |
| 2018 | $764 | $17,290 |
| 2017 | $764 -3.7% | $17,290 -3.7% |
| 2016 | $793 | $17,950 |
| 2015 | $793 +0% | $17,950 |
| 2014 | $793 +9.6% | $17,950 |
| 2013 | $723 | $17,950 |
| 2012 | $723 -13.9% | $17,950 -13.9% |
| 2011 | $840 +30.8% | $20,850 +30.8% |
| 2009 | $642 | $15,940 |
| 2008 | $642 +23.2% | $15,940 +24.4% |
| 2007 | $521 | $12,810 |
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.Climate risks
Neighborhood: 71913
Nearby schools
Schools provided by the listing agent
- District: Lake Hamilton
Source: HSDS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






