About This Home

This 2-bedroom, 2-bathroom condo at 141 CENTRAL Terrace #B in Hot Springs, AR is listed for $324,900 ($209 per sqft). Built in 2007, the home offers 1,554 sqft of living space on a N/A lot.

Key Features

  • Built in 2007
  • Fireplace
  • Waterfront

Property Details

2 full
#B
2007

Amenities

FireplaceWaterfront
Listing Description

Discover your perfect Hot Springs retreat! This beautifully furnished 2-bedroom, 2-bathroom lakefront condo offers the ideal blend of comfort, convenience, and investment potential. Nestled in the Lakeside School District, this unit sits directly on the shores of Lake Hamilton with stunning water views and easy access to boating, dining, and entertainment.

Currently an active short-term rental with excellent guest reviews and a strong rental history, this property is turnkey and ready to continue generating income-or to become your private lakeside escape. Step inside to find an inviting open-concept living space with updated furnishings, a fully equipped kitchen, and a private balcony perfect for enjoying Arkansas sunsets over the water.

Both bedrooms are generously sized, and each bathroom is tastefully finished for a comfortable stay. Located just 10 minutes from Oaklawn Racing Casino Resort, and close to shopping, restaurants, and downtown Hot Springs attractions, this condo offers the best of lake life and city convenience. Whether you're looking for an investment property, vacation home, or permanent lakeside residence, this condo checks every box!

Monthly Cost Estimate

$1,913/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95
HOA$175

Estimates only. Actual payments may vary.

Location

141 CENTRAL Terrace #B

Hot Springs, AR 71913

Central Terrace Condominiums HPR

Features & Amenities

Interior Features

Wet BarBreakfast BarWasher ConnectionWasher-StaysDryer Connection-ElectricDryer StaysWater Heater-ElectricWalk-in ShowerSmoke DetectorCeiling Fan(s)Furnished

Exterior Features

PatioOutside Storage Area

Property Details

Flooring

WoodTileCarpet

Outdoor Features

Patio

Parking

Assigned

Appliances

MicrowaveElectric RangeDishwasherMicrowaveElectric RangeDishwasher

Questions & Answers

This 2-bedroom, 2-bathroom condo at 141 CENTRAL Terrace is listed at $324,900 ($209/sqft). The estimated monthly payment is $1,913 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $175/month.

Key features include: Built in 2007, Fireplace, Waterfront. Interior Features: Wet Bar, Breakfast Bar, Washer Connection. Exterior Features: Patio, Outside Storage Area.

This property is listed by David Ratcliffe.

DR

David Ratcliffe

Agent at Hot Springs 1st Choice Realty

Listed by Hot Springs 1st Choice Realty · Broker phone: (501) 525-1600 · View on Broker Site · Broker website

MLS# 152985· Source: Hot Springs Board of Realtors· 4 days on PropertySimple

Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

141 CENTRAL Terrace #B, Hot Springs, AR 71913

Open this listing in: