LAKE HAMILTON CHARM WITH INCOME POTENTIAL
Welcome to 241 Bayou Point — a beautifully updated lake-area retreat tucked into one of Hot Springs’ most desirable pockets near Lake Hamilton. Whether you’re searching for a weekend getaway, full-time residence, or proven investment property, this home checks every box.
This 3-bedroom, 2-bath home blends classic lake charm with modern comfort and offers a warm, inviting layout designed for relaxing weekends and entertaining guests. Inside, you’ll find hardwood floors, natural light, updated finishes, and a cozy, move-in-ready feel throughout.
The property has a strong rental history and can be sold furnished, making it an ideal turnkey opportunity for buyers looking to immediately enjoy or generate income from the home.
Situated near the water with easy access to boating, dining, Oaklawn, and all Hot Springs has to offer, this is the kind of property buyers have been waiting for — versatile, charming, and ready for summer.
Highlights:
• Proven rental history
• Furnished option available
• Near Lake Hamilton
• Move-in ready
• Ideal as primary home, vacation home, or investment property
• Convenient to restaurants, shopping, and entertainment
For sale by owner
Price increase: $15K (5/6)
$365,000
241 Bayou Point, Hot Springs, AR 71913
3beds
1,240sqft
SingleFamily
Built in 1950
0.33 Acres Lot
$-- Zestimate®
$294/sqft
$-- HOA
What's special
Near lake hamiltonUpdated finishesHardwood floorsSituated near the waterWarm inviting layoutCozy move-in-ready feelNatural light
- 56 days |
- 504 |
- 20 |
Listed by:
Property Owner (501) 831-7374
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced air, Heat pump, Electric, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Ceiling Fan(s), Wet Bar, Breakfast Bar, Separate Dining Room, Washer Connection, Dryer Connection-Electric, Other (see remarks), Kitchen/Den, Water Heater-Gas, 3 Bedrooms Same Level
- Flooring: Tile, Carpet, Linoleum / Vinyl
- Doors: Insulated Doors
- Windows: Insulated Windows, Low Emissivity Windows
- Has fireplace: Yes
- Fireplace features: Woodburning-Site-Built, Gas Logs Present
- Common walls with other units/homes: No Common Walls
Interior area
- Structure area source: Courthouse
- Total interior livable area: 1,240 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport, Garage
Features
- Patio & porch: Deck
- Exterior features: Wood
- Fencing: Chain Link, Wood, Full
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Cove
- Body of water: Hamilton
- Frontage type: Lakefront, Cove
Lot
- Size: 0.33 Acres
- Features: Level, Lake Front, Lake View, River/Lake Area, Common to Lake
- Topography: Level
Details
- Additional structures: Workshop, Outside Storage Area
- Parcel number: 10012719000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage, One Story
Materials
- Frame
- Foundation: Piers
- Roof: Composition
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Electricity Connected, Water Connected, Sewer Connected, TV-Cable
Green energy
- Energy efficient items: Windows, Doors
- Water conservation: Efficient Hot Water Distribution
Community & HOA
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $188,100
- Annual tax amount: $1,500
- Date on market: 5/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,406/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $365,000+4.3%$294/sqft |
Source: Owner Report a problem | ||
| 5/3/2026 | Listed for sale | $350,000-10.3%$282/sqft |
Source: Owner Report a problem | ||
| 3/16/2026 | Listing removed | $390,000$315/sqft |
Source:  HSDS #152523 Report a problem | ||
| 9/15/2025 | Price change | $390,000-2.5%$315/sqft |
Source: HSDS #152523 Report a problem | ||
| 7/23/2025 | Listed for sale | $399,9990%$323/sqft |
Source: Owner Report a problem | ||
| 5/19/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/12/2025 | Listed for sale | $400,000+48.2%$323/sqft |
Source: Owner Report a problem | ||
| 10/8/2020 | Sold | $269,900$218/sqft |
Source:  CARMLS #20028147 Report a problem | ||
| 9/5/2020 | Listed for sale | $269,900+115.9%$218/sqft |
Source: CBRPM Hot Springs #20028147 Report a problem | ||
| 11/8/2016 | Listing removed | $125,000$101/sqft |
Source: ERA Rushing McAdams Polychron REALTORS #115192 Report a problem | ||
| 7/25/2016 | Listed for sale | $125,000$101/sqft |
Source: ERA Rushing McAdams Polychron REALTORS #115192 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,500 +7% | $32,188 +7.3% |
| 2024 | $1,402 +8.9% | $29,991 +7.9% |
| 2023 | $1,287 +8.1% | $27,794 +8.6% |
| 2022 | $1,191 +14.4% | $25,597 +16.5% |
| 2021 | $1,041 +56.3% | $21,970 |
| 2020 | $666 +11.7% | $21,970 |
| 2019 | $596 -4% | $21,970 |
| 2018 | $621 | $21,970 |
| 2017 | $621 +57.2% | $21,970 -3.9% |
| 2016 | $395 -60.9% | $22,860 |
| 2015 | $1,010 | $22,860 +206.8% |
| 2014 | -- | $7,451 |
| 2013 | -- | $7,451 |
| 2012 | -- | $7,451 |
| 2011 | -- | $7,451 |
| 2009 | -- | $7,451 |
| 2008 | -- | $7,451 |
| 2007 | $3 | $7,451 |
| 2006 | -- | $7,451 |
| 2005 | -- | $7,451 |
| 2004 | -- | $7,451 |
| 2003 | -- | $7,451 |
| 2001 | -- | $7,451 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 71913
Nearby schools
GreatSchools rating
- 7/10Lake Hamilton Intermediate SchoolGrades: 4-5Distance: 6 mi
- 6/10Lake Hamilton Middle SchoolGrades: 6-7Distance: 6 mi
- 6/10Lake Hamilton High SchoolGrades: 10-12Distance: 6.2 mi
Schools provided by the listing agent
- Elementary: Lake Hamilton
- Middle: Lake Hamilton
- High: Lake Hamilton
- District: LAKE HAMILTON SCHOOL DISTRICT
Source: The MLS. 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.
- Arkansas
- Garland County
- Hot Springs
- 71913
- 241 Bayou Point
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