Closed

$1,500,000

498 Lantern Ter, Hot Springs, AR 71913

4beds

5,762sqft

Single Family Residence

Built in 2006

12 Acres Lot

$1,506,700 Zestimate^®

$260/sqft

$-- Estimated rent

Home value

$1,506,700

$1.34M - $1.69M

Not available

Zestimate^® history

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What's special

Flowing waters and shoalsGame roomOutdoor wedding venueMovie theaterFormal and private diningExpansive covered porches

PRIVACY + ELEGANT BEAUTY DESCRIBE THIS NEW ORLEANS STYLE ESTATE with 12 ACRES and approximately 700 feet on the Mazarn River channeling into Lake Hamilton! The flowing waters and shoals offer swimming, canoeing, fishing and tubing; the grounds and expansive covered porches provide opportunities for all outdoor activities, an outdoor wedding venue, and/or quality time with family + friends. Indoors there are 4 private Master Suites, Formal & Private Dining with adjoining Butler's Pantry, Living Areas, a Game Room and Movie Theater - all beautifully appointed! This site offers a gated entry, circle drive, 3-car Covered Parking, a 2 Car Garage/Shop, high-end finishes and quality construction with amenities too numerous to mention. Just 10 Minutes from Hot Springs, restaurants, entertainment and services!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Rooms

Room types: Great Room, Den/Family Room, Game Room, In-Law Quarters

Dining room

Features: Separate Dining Room, Eat-in Kitchen

Heating

Natural Gas, Zoned, Propane

Cooling

Electric

Appliances

Included: Gas Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Ice Maker, Washer, Dryer
Laundry: Electric Dryer Hookup, Laundry Room

Features

Wet Bar, Walk-In Closet(s), Built-in Features, Ceiling Fan(s), Granite Counters, Pantry, Sheet Rock, Wallpaper, Vaulted Ceiling(s), Primary Bedroom/Main Lv, Primary Bed. Sitting Area, 3 Bedrooms Same Level
Flooring: Carpet, Wood, Tile
Doors: Insulated Doors
Windows: Window Treatments, Insulated Windows
Has fireplace: Yes
Fireplace features: Gas Starter, Gas Logs Present

Interior area

Total structure area: 5,762
Total interior livable area: 5,762 sqft

Property

Parking

Total spaces: 3
Parking features: Garage, Carport, Two Car, Three Car
Has garage: Yes
Has carport: Yes

Features

Levels: One and One Half,Multi/Split
Patio & porch: Patio, Deck, Porch
Exterior features: Rain Gutters, Shop
Has view: Yes
View description: River
Has water view: Yes
Water view: River
Waterfront features: River, Lake
Body of water: Lake: Hamilton

Lot

Size: 12 Acres
Features: Wooded, Cleared, Extra Landscaping, River/Lake Area, Waterfront, Lawn Sprinkler

Details

Parcel number: 10019426000
Other equipment: Satellite Dish

Construction

Type & style

Home type: SingleFamily
Architectural style: Craftsman
Property subtype: Single Family Residence

Materials

Brick
Foundation: Crawl Space
Roof: Composition

Condition

New construction: No
Year built: 2006

Utilities & green energy

Electric: Elec-Municipal (+Entergy)
Gas: Gas-Propane/Butane
Sewer: Public Sewer
Water: Public
Utilities for property: Gas-Propane/Butane, Cable Connected

Green energy

Energy efficient items: Doors, Insulation

Community & HOA

Community

Features: Gated
Subdivision: Metes & Bounds

HOA

Has HOA: No

Location

Region: Hot Springs

Financial & listing details

Price per square foot: $260/sqft
Tax assessed value: $1,056,900
Annual tax amount: $9,386
Date on market: 5/21/2025
Listing terms: VA Loan,FHA,Conventional,Cash
Road surface type: Paved

Price history

Date	Event	Price
11/24/2025	Listing removed	$1,550,000$269/sqft
Source: HSDS #150967 Report a problem
11/24/2025	Pending sale	$1,550,000+3.3%$269/sqft
Source: CARMLS #25019861 Report a problem
11/20/2025	Sold	$1,500,000-3.2%$260/sqft
Source: CARMLS #25019861 Report a problem
10/20/2025	Contingent	$1,550,000$269/sqft
Source: HSDS #150967 Report a problem
5/19/2025	Listed for sale	$1,550,000+3.3%$269/sqft
Source: HSDS #150967 Report a problem
2/26/2024	Sold	$1,500,000$260/sqft
Source: CARMLS #24006257 Report a problem
11/9/2023	Listed for sale	$1,500,000$260/sqft
Source: HSDS #144405 Report a problem
6/6/2023	Listing removed	$1,500,000$260/sqft
Source: CARMLS #23005393 Report a problem
4/3/2023	Price change	$1,500,000-14.3%$260/sqft
Source: HSDS #141445 Report a problem
2/23/2023	Listed for sale	$1,750,000+1066.7%$304/sqft
Source: HSDS #141445 Report a problem
1/5/2005	Sold	$150,000$26/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,335 +108.5%	$211,380 +91.5%
2024	$4,477 -0.2%	$110,380
2023	$4,486 -1.1%	$110,380
2022	$4,536 -0.7%	$110,380 0%
2021	$4,567 +1.5%	$110,420
2020	$4,502 +6.2%	$110,420
2019	$4,240 +4.3%	$110,420
2018	$4,065 +5.2%	$110,420
2017	$3,864 +5.3%	$110,420 +21.4%
2016	$3,670	$90,940
2015	$3,670 -8.7%	$90,940
2014	$4,019 +9.7%	$90,940
2013	$3,665	$90,940
2012	$3,665 -0.9%	$90,940 -0.9%
2011	$3,697 -6.8%	$91,740 -14.3%
2009	$3,966	$107,100