Jeff and Paulia Kennedy ~
Hot Springs 1st Choice Realty
135 Mall
Hot Springs, AR 71913
Phone: (501) 655-6247 Email Jeff and Paulia

258 Five Points Road Buena Vista (Hot Springs, Arkansas, US - 71913) Built

$3,350,000
Unbelievable Opportunity

Hot Springs 1st Choice Realty

Jeff and Paulia Kennedy ~ Jeff and Paulia Kennedy ~ (501) 655-6247 (Office) Request More Info

  • 23 acres on Lake Hamilton
  • Type: Multifamily
  • Style: Multiplex
  • Bedrooms: 7 "combined"
  • Bathrooms: 6 "combined"
  • Half Bathrooms: 1
  • Garage: Double, Attached "plus 2 car carport at 2nd home"
  • Size: 6,684 sq. ft. "combined living space"
  • Development Level: Built
  • Lot Type: Irregular
  • Lot Size: 23 acres
  • Year Built: 2004 "1956 2nd home"
  • Taxes: $6,720.00 (2018)
  • MLS #: 122806

Description

Unbelievable Opportunity for Endless Possibilities with 23 acres of waterfront property on Lake Hamilton situated in the highly desired "7 South" area with approximately 3,000' along the shoreline. This property is situated in the heart of the city, just minutes from shopping, dining & medical facilities and offers spectacular panoramic big views across the waters with a unique peninsula that curls back offering a gorgeous setting. A charming winding country road will lead you through nostalgic gates to this unique and peaceful sprawling estate with four structures scattered across the property.

The 4,788 sf two-story main home built in 2004 sits closest to the water. It was designed for entertaining, featuring a chef's kitchen with at least 2 of everything (gas & electric stove tops, ovens, dishwashers, sinks, etc.) plus a spacious family room with a gas-start double-sided fireplace, and a large master suite with a 2nd gas-burning double-sided fireplace plus a separate sitting room. The lower level offers complete living for a 2nd family with another kitchen, family room, 2 bedrooms, 2 bathrooms and also has an indoor 17' x 12' heated pool with sauna jets. There's another unfinished room used as an indoor gym with a sauna, plus there's a walk-out storm shelter. The main home with the peninsula and 3 acres could be sold separately, offered at $1,800,000.

The second home built in 1956 sits on the upper east side of the property and has 1,896 sf of living space. This home looks over and around the main home, offering beautiful lake views and has about 150' of water frontage with a fishing cabin near the water plus a boat ramp. There's also a small equipment building tucked along the upper edge, that's great for storing the lawn equipment or extra water toys. This section of the property is about 4 acres and offered for $600,000.

The west side of the property has about 16 acres of rolling wooded land and runs along the shoreline and extends all the way over to Aberina Street, offering another access point for development. This 16 acres offers fantastic panoramic views and offered for $950,000.

This a rare opportunity to own this much waterfront property in a prime location on Lake Hamilton, offering endless possibilities for development. Call now, analyze, and act.

Attachments

Highlights

  • Jenn-Air electric stovetop & Viking 4-burner gas stove top with griddle
  • Double oven &, double dishwashers
  • Island bar work sink and counter sink
  • 17'L x 12'W x 4'D indoor heated pool with sauna jets
  • 2 gas-start double-sided fireplaces
  • storm shelter
  • Surround-sound/speaker system throughout house
  • Master bath has His & Hers vanities, toilet rooms, & large walk-in closets; plus spacious walk-in shower & jetted tub

Features

Interior Features

  • Air Filter
  • Carpeted Floors
  • Ceiling Fan
  • Fireplace
  • Guest Quarters
  • Hardwood Floors
  • Kitchen Island
  • Laundry Room
  • Sauna
  • Tile
  • Window Covers

Exterior Finish

  • Stucco

Roof

  • Asphalt Shingles

View

  • City Lights
  • Lake
  • Mountain View
  • Panoramic
  • Water Front
  • Water View

Appliances

  • Dishwasher
  • Double Oven
  • Double Wall Oven
  • Dryer
  • Garbage Disposal
  • Gas Range
  • Hood Fan
  • Indoor Grill
  • Microwave
  • Oven Range
  • Refrigerator
  • Stove
  • Washer
  • Washer/Dryer Hookup

Cooling

  • Ceiling Fan
  • Central Air
  • Zoned

Heating

  • Central Electric
  • Zoned

Sewer/Water Systems

  • Public
  • Water District

Lot Features

  • Courtyard
  • Deck
  • Garage
  • Landscaped
  • Lawn
  • Multiple Garages
  • Patio
  • Shed
  • Swimming Pool
  • Trees / Shrubs

Extra Features

  • Garage Door Opener
  • Storage
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Information is deemed to be correct but not guaranteed.