Fully renovated and fully furnished four-unit investment property located in a well known area across from Sam’s Pizza and within eyeshot of Lake Hamilton. Property includes a renovated 2BR/1BA unit, updated 1BR/1BA unit and two remodeled efficiency units, all featuring modern interiors and separate short-term rental licenses. One long-term tenant currently in place provides immediate income, while the remaining units offer flexibility for STR, mid-term or traditional rentals. Turnkey opportunity with strong income potential in a prime Hot Springs location.
Active
Price cut: $10K (8/14)
$445,000
500 Burchwood Bay Rd, Hot Springs, AR 71913
--beds
--baths
2,468sqft
Single Family Residence
Built in 1960
-- sqft lot
$-- Zestimate®
$180/sqft
$-- HOA
What's special
Modern interiorsRemodeled efficiency units
- 86 days |
- 85 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Beau Durbin 501-609-6493,
ESQ. Realty Group - Hot Springs 501-255-0509
Source: CARMLS,MLS#: 26020275
Facts & features
Interior
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Ceiling Fan(s)
- Flooring: Other
- Furnished: Yes
Interior area
- Total structure area: 2,468
- Total interior livable area: 2,468 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: Other (see remarks)
Lot
- Size: 0.4 Acres
- Features: Subdivided, Other
Details
- Additional structures: Gazebo
- Parcel number: 40038200011000
- Zoning: Resd.
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional,Bungalow/Cottage
- Property subtype: Single Family Residence
Materials
- Foundation: Slab/Crawl Combination
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Electric-Municipal
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lackeys Lake Front #2
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $166,050
- Annual tax amount: $1,500
- Date on market: 5/20/2026
- Tenant pays: Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $445,000-2.2%$180/sqft |
Source:  CARMLS #26020275 Report a problem | ||
| 7/1/2026 | Price change | $455,000-8.1%$184/sqft |
Source: CARMLS #26020275 Report a problem | ||
| 5/16/2026 | Listed for sale | $495,000-0.8%$201/sqft |
Source:  HSDS #155547 Report a problem | ||
| 5/7/2026 | Listing removed | $499,000$202/sqft |
Source: HSDS #154162 Report a problem | ||
| 4/10/2026 | Price change | $499,000-9.1%$202/sqft |
Source: CARMLS #26006946 Report a problem | ||
| 2/23/2026 | Price change | $549,000-0.1%$222/sqft |
Source: CARMLS #26006946 Report a problem | ||
| 2/18/2026 | Listed for sale | $549,500$223/sqft |
Source: HSDS #154162 Report a problem | ||
| 2/11/2026 | Listing removed | $549,500$223/sqft |
Source: HSDS #153475 Report a problem | ||
| 12/6/2025 | Listed for sale | $549,500+10%$223/sqft |
Source: HSDS #153475 Report a problem | ||
| 7/1/2025 | Listing removed | $499,500$202/sqft |
Source: CARMLS #25010932 Report a problem | ||
| 3/21/2025 | Listed for sale | $499,500+6.4%$202/sqft |
Source: CARMLS #25010932 Report a problem | ||
| 3/6/2025 | Listing removed | $469,500$190/sqft |
Source: HSDS #140996 Report a problem | ||
| 4/11/2024 | Price change | $469,500+2.3%$190/sqft |
Source: CARMLS #24011932 Report a problem | ||
| 4/9/2024 | Price change | $459,000-2.2%$186/sqft |
Source: CARMLS #24011932 Report a problem | ||
| 4/9/2024 | Price change | $469,500+2.3%$190/sqft |
Source: HSDS #140996 Report a problem | ||
| 3/31/2023 | Listed for sale | $459,000$186/sqft |
Source: HSDS #140996 Report a problem | ||
| 3/10/2023 | Pending sale | $459,000$186/sqft |
Source: HSDS #140996 Report a problem | ||
| 1/18/2023 | Listed for sale | $459,000$186/sqft |
Source: HSDS #140996 Report a problem | ||
| 1/13/2023 | Contingent | $459,000$186/sqft |
Source: CARMLS #23000672 Report a problem | ||
| 1/7/2023 | Listed for sale | $459,000+216.6%$186/sqft |
Source: HSDS #140996 Report a problem | ||
| 8/31/2010 | Sold | $145,000+1.4%$59/sqft |
Source: Public Record Report a problem | ||
| 4/28/2008 | Sold | $143,000+104.3%$58/sqft |
Source: Public Record Report a problem | ||
| 2/15/1991 | Sold | $70,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,501 -1.3% | $33,210 |
| 2024 | $1,521 +1.3% | $33,210 |
| 2023 | $1,501 | $33,210 |
| 2022 | $1,501 +25.6% | $33,210 +27% |
| 2021 | $1,195 | $26,150 |
| 2020 | $1,195 | $26,150 |
| 2019 | $1,195 -5.4% | $26,150 |
| 2018 | $1,263 +0.8% | $26,150 |
| 2017 | $1,253 +28.6% | $26,150 +10.9% |
| 2016 | $974 | $23,590 |
| 2015 | $974 +0% | $23,590 |
| 2014 | $974 0% | $23,590 |
| 2013 | $974 +18.1% | $23,590 +18.1% |
| 2011 | $825 -5.6% | $19,970 -5.6% |
| 2009 | $874 +15.7% | $21,150 +15.7% |
| 2008 | $755 +8.1% | $18,273 +8.3% |
| 2007 | $698 | $16,869 +9.2% |
| 2006 | -- | $15,443 +10% |
| 2005 | -- | $14,039 +18.2% |
| 2004 | -- | $11,879 +10% |
| 2003 | -- | $10,799 +3.1% |
| 2001 | -- | $10,473 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 71913
Nearby schools
GreatSchools rating
- 4/10Oaklawn STEM Magnet SchoolGrades: PK-6Distance: 2.8 mi
- 5/10Hot Springs High SchoolGrades: 10-12Distance: 2.4 mi
- 8/10Park Magnet SchoolGrades: PK-6Distance: 3 mi
Schools provided by the listing agent
- Elementary: Hot Springs
- Middle: Hot Springs
- High: Hot Springs
Source: CARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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