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$1,375,000

168 Krause Ln Unit A & B Hot Springs, AR 71913

3,800 sqft
$362 / sqft
Multi-Family

Property details

About 168 Krause Ln Unit A & B

Welcome to your dream lakefront, NEW CONSTRUCTION home on Lake Hamilton! This is a perfect investment opportunity to purchase the entire unit to live in one side and rent the other! Located in the 7 South area of Central Avenue, these 3 bedroom, 2 bathroom homes offer an open concept floor plan with 11 foot ceilings. Step outside from the main living area or some of the lakefront bedrooms onto the large decks composed of composite wood and custom metal railing. There is gated access to the built in stairs that allow access to the brand new boardwalk and built in storage areas under the deck. Capture stunning views of Lake Hamilton and the Central Avenue bridge right from your back deck, as well as fishing, swimming, and boating just steps from your back door. Inside, you will find modern finishes throughout, which include quartz countertops and backsplash, beautiful CAFE appliances with built in ice makers, custom cabinets with black and champagne bronze finishes, along with custom islands and built in dining tables. Ample natural light from the large windows throughout the homes with views of the water from all angles. Roller window treatments already installed for ultimate privacy when needed. The primary bathrooms have a spa-like feel that includes free standing tubs with rock surrounding and full glass and tile showers. Other interior features include upgraded LED lighted mirrors in all bathrooms, separate laundry rooms, and LVP flooring throughout. These units each offer an oversized 2 car garage as well as extra concrete for additional parking. All efforts were made to provide these homes with a low maintenance exterior so you can spend more time enjoying the lake!

Highlights

Home typeDuplex
StatusActive
(ACTIVE)
Size3,800 sqft
Year built2024
ParkingAttached
MLS #151631
Attached garage4 spaces
WaterfrontLake Front
ViewLake

Summary

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Electric Range, Cooktop, Microwave
  • Interior: Breakfast Bar, Bar, Pantry
  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached
  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Storage, Deck, Patio
  • Architectural Style: Traditional
  • List Price: $1,375,000
  • Price/SqFt: $361
  • HOA Amount: $150 Monthly
  • Lot: Level
  • Directions: Travel Central Ave South, turn right on Amity, right on Old Brundage, right on Tanglewood, right on Woolridge, left on Krause Lane, property is on the right.
  • Year Built: 2024
  • Stories: 1
  • Living Area: 3,800 SqFt
  • MLS Number: 151631
  • MLS Name: HotSprings
  • Office Name: Trademark Real Estate, Inc.
  • Office Phone: (501) 318-3200
  • Listing Agent: Tammy Browning

Copyright © 2025, Hot Springs Board of REALTORS® MLS. All rights reserved. Information deemed reliable but is not guaranteed.

IDX The data relating to real estate for sale on this web site comes in part from the Hot Springs Data Share Program of the Hot Springs Multiple Listing Service. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 5:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

Oaklawn STEM Magnet School

Public Magnet PK-6

3.7 mi

525 Hammond Dr

7

Park Magnet IB World School

Public Magnet PK-6

4.0 mi

617 Main St

4

Main Street Visual and Preforming Arts Magnet School

Public Magnet PK-6

4.0 mi

301 Oaklawn St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,708. The majority of Hot Springs, AR residents have income less than $<35k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

35%
<35k
32%
35k-100k
12%
100k-200k
21%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

29%
Single, No Kids
11%
Single, with Kids
38%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
42%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Pro WrestlingPro Wrestling
  • NASCARNASCAR

Where do the neighbors shop?

  • Stein MartStein Mart
  • Wal-MartWal-Mart
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • SonicSonic
  • ArbysArbys

What do the neighbors drive?

  • LincolnLincoln
  • OldsmobileOldsmobile
  • GMCGMC

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Contemporary InspirationalContemporary Inspirational
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Frequently asked questions

About 168 Krause Ln Unit A & B

The listing price of 168 Krause Ln Unit A & B property is $1,375,000.

The property 168 Krause Ln Unit A & B is a multi located in Hot Springs, Arkansas, 71913.

Active Listing: 168 Krause Ln Unit A & B is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 168 Krause Ln Unit A & B are: Oaklawn STEM Magnet School (GreatSchools Rating 4/10), Park Magnet IB World School (GreatSchools Rating 7/10), Main Street Visual and Preforming Arts Magnet School (GreatSchools Rating 4/10), Lake Hamilton Middle School (GreatSchools Rating 5/10), Lakeside Middle School (GreatSchools Rating 7/10), Bismarck Middle School (GreatSchools Rating 7/10), Hot Springs World Class High School (GreatSchools Rating 5/10), Lake Hamilton Jr. High School (GreatSchools Rating 8/10), Lake Hamilton High School (GreatSchools Rating 5/10).

The property 168 Krause Ln Unit A & B is 3,800 SqFt (source: MLS/tax record).

The year of construction for 168 Krause Ln Unit A & B is 2024.

This home is located at 168 Krause Ln Unit A & B in Hot Springs, AR and zip code 71913. This 3,800 square foot home was built in 2024. Features: 0 bathroom. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $1,375,000.

In June 2025, from all listings sold in Hot Springs, AR there were more than 8 sold above asking price, over 45 sold below and more than 9 were sold right at the asked price. The number of homes for sale in Hot Springs, AR increased by 13.8% between May and June 2025. The median list price of listings available in June 2025 was $340,000, while the average time on the real estate market was 107 days.

From Rocket Homes Real Estate and based on county public records data.

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