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For sale
    • Price cut: $10K (7/9)
    $120,000

    183 River Mill Ct, Hot Springs, AR 71913

    1beds
    408sqft
    : 
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    Condominium
    Built in 1984
    -- sqft lot
    $123,500 Zestimate®
    $294/sqft
    $200/mo HOA

    What's special

    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.
    68 days
    |
    1,126
    |
    42
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Rix,

    Rix Realty - Advantage Team Realtors 501-205-1900

    Source: HSDS,MLS#: 155389MLS Logo

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      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

        $123,500

        $117,000 - $130,000

        $1,122/mo

        Price history

        DateEventPrice
        7/9/2026Price change$120,000-7.7%$294/sqft
        Source: HSDS #155389 Report a problem
        5/8/2026Listed for sale$130,000-40.4%$319/sqft
        Source: HSDS #155389 Report a problem
        4/24/2025Listing removed$218,000$534/sqft
        Source: HSDS #150014 Report a problem
        3/22/2025Contingent$218,000$534/sqft
        Source: HSDS #150014 Report a problem
        3/12/2025Listed for sale$218,000+34.6%$534/sqft
        Source: HSDS #150014 Report a problem
        6/27/2024Sold$162,000-6.4%$397/sqft
        Source: CARMLS #24008510 Report a problem
        5/14/2024Contingent$173,000$424/sqft
        Source: CARMLS #24008510 Report a problem
        4/15/2024Price change$173,000-5.5%$424/sqft
        Source: CARMLS #24008510 Report a problem
        3/13/2024Listed for sale$183,000-23.1%$449/sqft
        Source: CARMLS #24008510 Report a problem
        12/19/2023Listing removed$238,000$583/sqft
        Source: HSDS #142756 Report a problem
        7/15/2023Listing removed--
        Source: HSDS #142756 Report a problem
        6/19/2023Listed for sale$238,000+64.1%$583/sqft
        Source: HSDS #142756 Report a problem
        3/16/2022Sold$145,000+4.3%$355/sqft
        Source: CARMLS #22004597 Report a problem
        2/14/2022Contingent$139,000$341/sqft
        Source: CARMLS #22004597 Report a problem
        2/13/2022Listed for sale$139,000+44%$341/sqft
        Source: CARMLS #22004597 Report a problem
        10/27/2015Sold$96,500+4.9%$237/sqft
        Source: Public Record Report a problem
        11/3/2010Sold$92,000-14%$225/sqft
        Source: Public Record Report a problem
        3/28/2008Sold$107,000$262/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 71913

        Getting around

        0 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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