Skip main navigation
Off market
  • $900,200

    272 Promise Land Dr, Hot Springs, AR 71901

    6beds
    4,854sqft
    MultiFamily
    Built in 2002
    -- sqft lot
    $900,200 Zestimate®
    $185/sqft
    $1,887 Estimated rent

    Home value

    $900,200

    $855,000 - $945,000

    $1,887/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,887/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,887/mo

    Rent Zestimate®

    Refinance and save

    $4,166/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $4,166/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Discover your private retreat in the heart of Hot Springs! Set on 8.89 wooded acres (387,684 sq ft), this 4,854 sq ft dual-purpose estate offers a rare combination of comfort, privacy, and versatility ? ideal as a spacious family home, income-producing Airbnb, or turn-key business property. Originally built in 2002 with a professional annex addition in 2010, this thoughtfully designed property blends residential warmth with commercial potential. The main residence features: 3 spacious bedrooms and 2 full bathrooms Bright living and dining areas with large windows A full kitchen with an open layout and plenty of storage New roof (2024) for worry-free ownership The annex addition, previously used as an elder-care facility and now an active Airbnb, includes: 3 private suites, each with its own dressing area and direct terrace access 2.5 bathrooms A shared living room and second terrace ideal for guests or gatherings Wheelchair-accessible ramps and a specialized bathtub designed for disabled access A finished basement beneath the annex? perfect for storage, workspace, or potential expansion This property offers outstanding flexibility for multi-generational living, short-term rental hosting, or specialty business use such as senior care, wellness retreats, or recovery housing. Outside, enjoy nearly 9 acres of peaceful forest, plenty of parking, and total privacy? yet you?re only minutes from Magic Springs Theme Park, Hot Springs Off-Road Park, Oaklawn Racing Casino Resort, and downtown Hot Springs National Park.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Refrigerator, Trash compactor, Washer
    Features
    • Flooring: Other, Carpet, Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,854 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Attached
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 8.89 Acres
    Details
    • Parcel number: 10001731000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Foundation: Slab
    • Roof: Other
    Condition
    • Year built: 2002

    Community & HOA

    Location
    • Region: Hot Springs

    Financial & listing details

    • Price per square foot: $185/sqft
    • Tax assessed value: $424,450
    • Annual tax amount: $3,656

    Price history

    DateEventPrice
    6/19/2026Listing removed$950,000$196/sqft
    Source: HSDS #155748 Report a problem
    4/4/2026Listed for sale$950,000-5%$196/sqft
    Source: CARMLS #26013058 Report a problem
    4/4/2026Listing removed$999,999$206/sqft
    Source: CARMLS #26007024 Report a problem
    3/12/2026Price change$999,999-4.8%$206/sqft
    Source: CARMLS #26007024 Report a problem
    12/18/2025Listed for sale$1,050,000+296.2%$216/sqft
    Source: CARMLS #25049372 Report a problem
    5/15/2007Sold$265,000+1225%$55/sqft
    Source: Public Record Report a problem
    1/30/2001Sold$20,000$4/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,656 +0.7%$78,758 +4.3%
    2024$3,630 +4.1%$75,476 +4.5%
    2023$3,489 +3.6%$72,194 +4.8%
    2022$3,367 +4.9%$68,912 +5%
    2021$3,211 +1.7%$65,630 +1.6%
    2020$3,156 +7.2%$64,600
    2019$2,945 +4.2%$64,600
    2018$2,826 +28.6%$64,600
    2017$2,197 +5.7%$64,600 +17.3%
    2016$2,078 +63.4%$55,060 +49.7%
    2015$1,272 +0%$36,770
    2014$1,271 0%$36,770
    2013$1,272 +3%$36,770
    2012$1,235 -19%$36,770 -15.5%
    2011$1,525 +6.9%$43,510 +5.5%
    2009$1,427 -0.9%$41,240
    2008$1,440 +10.5%$41,240 +12.2%
    2007$1,303 $36,765 -10.4%
    2006-- $41,030
    2005-- $41,030 +10.8%
    2004-- $37,019
    Find assessor info on the county website

    Neighborhood: 71901

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.