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Off market
  • $619,000

    472 Prospect Ave, Hot Springs, AR 71901

    6beds
    4,546sqft
    SingleFamily
    Built in 1879
    0.45 Acres Lot
    $619,000 Zestimate®
    $136/sqft
    $4,489 Estimated rent

    Home value

    $619,000

    $551,000 - $693,000

    $4,489/mo

    Zestimate® history
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    What's special

    A great home to celebrate the holidays in. Plenty of room to put up your 10 foot Christmas tree, and almost 5000 square feet to decorate. This charming Queen Anne style Victorian home built in 1879 has been the #1 bed and breakfast in Hot Springs on Trip Advisor since 2015 and is now for sale. The home was built by German immigrant, Gus Strauss, who was believed to be one of Hot Springs' first bankers and the builder of the first Arlington Hotel. The home has approximately 4,562 square feet of charm, dignity, and character. The home has a total of six bedrooms and six baths. Four of the bedrooms are placed in the four corners of the second floor so that none of the bedrooms share a common wall providing complete privacy. Each bedroom has its own individual style, two have a cozy fireplace and, all have a private bathrooms. There is another bedroom and full bath on the third level which was totally renovated in 2013, and the sixth bedroom and bath is on the main level, and is currently being used as an office with wall to wall built in countertops, and french doors leading outside to the fenced in patio. The home has been fully renovated and restored to its original historic style and features a winding staircase, beautiful hardwood floors and molding, and zoned heat and air. You will truly enjoy the tranquil setting in the back yard with a colorful palette of flowers surrounding by its beautifully groomed lawn and water features flowing into the koi ponds, and gazebo, with the mountains as the back drop of this picture perfect setting. The home backs up to West mountain which is national park and no one can build behind you. This stunning home is filled with so much history, and was used during the period of 1937 - 1968 as a private kindergarten by the Towle family. The "Kinderkoop" operated on the first floor of the home, and was the place where Roger Clinton - brother of the former President Bill Clinton- attended school. The home was purchased in 2013 and the kitchen was completely renovated with new flooring, new cabinets, new quartz countertops, new appliances to include a Jenn air stove. A Generac generator was installed in 2014 and will run the electricity for the entire house including both air units. Two bedrooms received new shower pans, and tile showers in 2015, a shower was added to the claw foot tub in one room in 2013, all bathtubs have been refinished as of late 2015. The owners quarters on the 3rd floor which is 1000 sq ft, received new luxury vinyl tile in 2013, a completely renovated bathroom to include new tile flooring and a antique dresser vanity with bowl sink, and a new cultured marble shower. The basement received new luxury vinyl tile 2016. The roof was redone in 2009, The home has two central air units, one for each floor, and they were purchased in 2010. There is an unattached 5 car garage approx. 1000 st ft behind the house. This year the fascia and gutters were all replaced and the trim has been painted. The house is in a residential historic neighborhood and is listed on the historic register. This house can be shown by appointment for serious inquires only. While the business was open the revenue increased each year and there is even more potential to grow this business with online booking, events to include weddings etc...murder mystery weekends, etc. You will be purchasing a 5 star rated business with all good to excellent reviews on Trip Advisor. The business has received the Certificate of Excellence Award 2 years in a row from TA.  The house will be sold as a turnkey business with the furnishings you will need to start your income producing B&B immediately to include a new website.

    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: 6
    • Full bathrooms: 6
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Other, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,546 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Other, Wood
    • Has spa: Yes
    • Has view: Yes
    • View description: Park, City, Mountain
    Lot
    • Size: 0.45 Acres
    Details
    • Parcel number: 40026350013000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Piers
    • Roof: Composition
    Condition
    • Year built: 1879

    Community & neighborhood

    Community
    • Community features: On Site Laundry Available
    Location
    • Region: Hot Springs

    Price history

    DateEventPrice
    1/10/2022Sold$560,000-2.6%$123/sqft
    Source: CARMLS #21032907 Report a problem
    11/30/2021Contingent$575,000$126/sqft
    Source: CARMLS #21032907 Report a problem
    10/7/2021Listed for sale$575,000+35.3%$126/sqft
    Source: CARMLS #21032907 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    6/4/2018Sold$425,000$93/sqft
    Source: CARMLS #17034381 Report a problem
    4/24/2018Pending sale$425,000$93/sqft
    Source: Owner Report a problem
    10/31/2017Listed for sale$425,000-1.2%$93/sqft
    Source: Owner Report a problem
    8/30/2017Listing removed$430,000$95/sqft
    Source: Owner Report a problem
    8/30/2017Listed for sale$430,000$95/sqft
    Source: Owner Report a problem
    7/31/2017Pending sale$430,000$95/sqft
    Source: Owner Report a problem
    7/20/2017Price change$430,000-4.4%$95/sqft
    Source: Owner Report a problem
    6/12/2017Price change$450,000-5.3%$99/sqft
    Source: Owner Report a problem
    5/23/2017Listed for sale$475,000+5.6%$104/sqft
    Source: Owner Report a problem
    10/9/2016Listing removed$450,000$99/sqft
    Source: Owner Report a problem
    7/7/2016Listed for sale$450,000+36.4%$99/sqft
    Source: Owner Report a problem
    4/19/2013Sold$330,000-2.7%$73/sqft
    Source: Agent Provided Report a problem
    3/16/2013Pending sale$339,000$75/sqft
    Source: HOT SPRINGS 1ST CHOICE REALTY #99784 Report a problem
    1/4/2013Price change$339,000-10.6%$75/sqft
    Source: Hot Springs 1st Choice Realty #99784 Report a problem
    9/3/2012Price change$379,000-5.2%$83/sqft
    Source: Hot Springs 1st Choice Realty #99784 Report a problem
    8/1/2012Price change$399,900-42.8%$88/sqft
    Source: Hot Springs 1st Choice Realty #99784 Report a problem
    6/22/2012Price change$699,000-6.7%$154/sqft
    Source: Hot Springs 1st Choice Realty #95485 Report a problem
    11/6/2011Price change$749,000-11.8%$165/sqft
    Source: Hot Springs 1st Choice Realty #95485 Report a problem
    5/21/2011Listed for sale$849,000+126.4%$187/sqft
    Source: Hot Springs 1st Choice Realty Report a problem
    5/19/2004Sold$375,000+143.5%$82/sqft
    Source: Public Record Report a problem
    8/21/1996Sold$154,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,359 -1.3%$96,440
    2024$4,417 +1.3%$96,440
    2023$4,359 +24.3%$96,440 +24.3%
    2022$3,506 +8.8%$77,572 +10%
    2021$3,223 $70,520
    2020$3,223 $70,520
    2019$3,223 +5.5%$70,520
    2018$3,056 $70,520
    2017$3,056 +16%$70,520 -2.4%
    2016$2,636 $72,290
    2015$2,636 +0%$72,290
    2014$2,635 0%$72,290
    2013$2,636 +3.9%$72,290 +3.4%
    2012$2,537 +6.8%$69,898 +5.9%
    2011$2,376 +11.9%$65,993 +10.2%
    2009$2,123 $59,880 +375.4%
    2004-- $12,595
    2003-- $12,595 +0%
    2001-- $12,589

    Find assessor info on the county website

    Neighborhood: 71901

    Nearby schools

    GreatSchools rating
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