What if your Lake Hamilton dream didn't have to start with a million-dollar lake house? At 377 Arrowhead Drive, offered at $245,000, the opportunity is to buy the lakefront first — and create the rest on your own timeline. Start with 79 feet of deeded Lake Hamilton frontage and an approximately 8'×79' boardwalk along the shoreline. Then look beyond the water and you'll begin to see what make this property different. The existing 3 BED 3 BATH residence has already been taken to the studs, with many of the hard decisions and expensive infrastructure work already behind you. A new addition is framed with vaulted ceilings and French doors positioned toward the lake. The floor plan has been designed as TWO COMPLETE LIVING UNITS a full upstairs residence with it own private deck and a complete downstairs residence with its own kitchen, bath, utility area, private entrance and separate drive all currently served by one utility bill. The electrical rough-in is done. A new sewer pump station is installed. New windows have been specified and are ready to order. Some plumbing remains, followed by the part of a renovation where the property truly become yours: cabinets, countertops, flooring,
Active
$245,000
377 Arrowhead Dr, Hot Springs, AR 71913
3beds
1,928sqft
Single Family Residence
Built in 1950
0.59 Acres Lot
$224,300 Zestimate®
$127/sqft
$2/mo HOA
What's special
Two complete living unitsVaulted ceilings
- 35 days
- 495
- 18
Zillow last checked:
Listing updated:
Listed by:
Danielle L Blair 501-655-4699,
Crossroads Realty Group 501-232-1223
Source: CARMLS,MLS#: 26040449
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: In-Law Quarters
Dining room
- Features: Eat-in Kitchen
Appliances
- Included: Other, Gas Water Heater
- Laundry: Laundry Room
Features
- Primary Bedroom/Main Lv, Guest Bedroom/Main Lv
- Flooring: Wood, Concrete
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,928
- Total interior livable area: 1,928 sqft
Property
Parking
- Total spaces: 4
- Parking features: Four Car or More
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Fencing: Partial
- On waterfront: Yes
- Waterfront features: Lake Front
Lot
- Size: 0.59 Acres
- Dimensions: 79' LAKE x 328
Details
- Parcel number: 20001600031000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl Siding, Block
- Foundation: Slab/Crawl Combination
- Roof: Composition
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Features: Picnic Area, Voluntary Fee
- Subdivision: ARROWHEAD LAKE ESTATES 3
HOA
- Has HOA: Yes
- HOA fee: $25 annually
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $235,850
- Annual tax amount: $1,988
- Date on market: 10/6/2026
- Road surface type: Paved
Estimated market value
$224,300
$209,000 - $240,000
$2,618/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Listed for sale | $245,000-14%$127/sqft |
Source: | ||
| 8/19/2026 | Listing removed | $285,000$148/sqft |
Source: | ||
| 7/7/2026 | Listed for sale | $285,000+256.3%$148/sqft |
Source: | ||
| 8/19/2013 | Sold | $80,000$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,021 +5.4% | $44,096 +5.9% |
| 2024 | $1,919 +7.4% | $41,637 +6.3% |
| 2023 | $1,786 +25.3% | $39,178 +26.7% |
| 2022 | $1,425 +23.2% | $30,934 +25.8% |
| 2021 | $1,157 | $24,590 |
| 2020 | $1,157 +73.3% | $24,590 |
| 2019 | $668 +3.1% | $24,590 |
| 2018 | $647 +7.5% | $24,590 |
| 2017 | $602 -9.8% | $24,590 +6.9% |
| 2016 | $667 | $23,010 |
| 2015 | $667 +0% | $23,010 |
| 2014 | $667 +242.7% | $23,010 +70.3% |
| 2013 | $195 | $13,515 |
| 2012 | $195 | $13,515 |
| 2011 | $195 | $13,515 |
| 2009 | $195 | $13,515 |
| 2008 | $195 -22.2% | $13,515 |
| 2007 | $250 | $13,515 |
| 2006 | -- | $13,515 -4.3% |
| 2005 | -- | $14,128 +8.3% |
| 2004 | -- | $13,047 +47.8% |
| 2003 | -- | $8,827 +36.5% |
| 2001 | -- | $6,465 |
Find assessor info on the county website
Monthly payment
Est. payment





