377 Arrowhead Dr, Hot Springs, AR 71913

79 FEET OF LAKE HAMILTON — SOLD AS-IS, PRICED FOR THE BUYER WHO SEES IT. Stand on the upper deck and look at the water. That view is what you're buying. Everything else — the studs, the framing, the finished vision waiting in the project book — is the opportunity that comes with it. THE POSITION. 0.59 acres with 79 feet of deeded Lake Hamilton frontage and an 8'×79' boardwalk at the shoreline, on a street transitioning fast: recent nearby construction trading at $252–295 per square foot, premier properties across this water reaching seven figures. Frontage here is not being made anymore. This is one affordable way to just do it. THE RESIDENCE — 3 BED / 3 BATH, TWO COMPLETE LIVING UNITS, ONE UTILITY BILL. Taken to the studs with the hard decisions already made: new addition framed with vaulted ceilings and lake-view French doors, dual-living layout locked — full upstairs residence with private deck, full downstairs residence with its own kitchen, bath, utility, entrance, and drive. New windows specked and ready to order, still some plumbing rough in needed, the electrical roughs in have been done. What remains is finish work — which means the palette, the counters, the character are yours, not a flipper's guess at your taste. THE PROJECT BOOK CONVEYS — THE THINKING IS DONE. Seller includes the complete renovation package assembled for this exact house: designer specification (Hardie ColorPlus and stone exterior, gabled cedar carport on 6×6 posts, vaulted knotty pine, granite throughout, custom master bath), architectural elevation, itemized scope of work by trade with actual current bids from vetted local subcontractors. Months of planning and real negotiated numbers, handed to you at closing. Renovation-financing friendly — ask about FHA 203(k) and HomeStyle pathways that lend against the completed value. THE SECOND SITE — THE REAL PRIZE. Behind the home sits a prepared walkout building pad with direct lake views, and the expensive problems are already solved: 350 feet of 3" pressure sewer main installed, new sewer pump station, drive cut to the lake frontage. Build over 3,500 sq ft — or explore multi-unit potential — on infrastructure already bought and buried. Finish the residence, live in it while your main house rises behind it, claim the Arkansas homestead credit, and let the lower-level unit help carry the note. Few properties on this lake let you occupy, earn, and build on one parcel. THE HONEST FRAME. This is a project, priced like one. The seller has done the engineering, the design, and the sourcing; the buyer brings the finish capital and takes the equity that work creates. If you've been waiting for Lake Hamilton to hand you an entry with the vision already drawn and the frontage already deeded — this is it. Minutes to Hot Springs National Park, marinas, and dining. Walk the boardwalk. Read the book. Decide fast. Sold strictly as-is.