$1,550,000

498 Lantern Ter Hot Springs, AR 71913

$10,000
Closing credit¹
4 beds
4 full, 1 partial
5,762 sqft
$269 / sqft
House

Property details

About 498 Lantern Ter

PRIVACY + ELEGANT BEAUTY DESCRIBE THIS NEW ORLEANS STYLE ESTATE with approximately 700 feet on the Mazarn River channeling into Lake Hamilton and 12 ACRES of property! 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, quality construction and amenities too numerous to mention!

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
(ACTIVE)
CoolingCeiling Fan(s)
Size5,762 sqft
Year built2006
ParkingDetached
MLS #150967
Garage3 spaces
WaterfrontRiver Front
FireplaceGas Log, Gas Starter
ViewMountain(s), River

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Ice Maker, Dishwasher, Disposal, Gas Range, Trash Compactor
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Walk-In Closet(s), Wet Bar, Pantry
  • Fireplace: Gas Log, Gas Starter
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Parking: Detached
  • Waterfront: River Front
  • View: Mountain(s), River
  • Exterior: Deck, Patio, Porch
  • Heating: Central, Natural Gas
  • Cooling: Ceiling Fan(s)
  • List Price: $1,550,000
  • Price/SqFt: $269
  • Annual Tax Amount: $4,334
  • Tax Year: 2024
  • Lot: Sloped
  • Directions: MLK EXPRESSWAY to 70 West; turn right on North Moore Road; Right on Coachlight; Left on Lantern to gated entry and continue to the property on your right.
  • Year Built: 2006
  • Stories: 2
  • Living Area: 5,762 SqFt
  • MLS Number: 150967
  • MLS Name: HotSprings
  • Office Name: Trademark Real Estate, Inc.
  • Office Phone: (501) 318-3200
  • Listing Agent: Jan Galloway

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: 6/3/2025, 10:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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498 Lantern Ter, Hot Springs, AR 71913 - doorway to property featuring a porch

$1,550,000

498 Lantern Ter

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 01, 2024
Home Sold
$1,500,000

Tax history

YearAssessmentProperty Tax
2024$211,380$4,334
2023$211,380$4,409
2022$211,380$4,503
2021$110,420$4,440

History based on county public records data.

Nearby schools

6

Lake Hamilton Intermediate School

Public District 4-5

1.8 mi

104 Wolf St

9

Lake Hamilton Elementary School

Public District 2-3

2.0 mi

240 Wolf St

4

Oaklawn STEM Magnet School

Public Magnet PK-6

7.3 mi

525 Hammond Dr

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 $62,787. The majority of Hot Springs, AR residents have income between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

15%
<35k
63%
35k-100k
20%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

21%
Single, No Kids
7%
Single, with Kids
41%
Married, No Kids
31%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
11%
12-17 yrs old
15%
18-34 yrs old
44%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 498 Lantern Ter

The listing price of 498 Lantern Ter property is $1,550,000.

The property 498 Lantern Ter is a house located in Hot Springs, Arkansas, 71913.

Active Listing: 498 Lantern Ter is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 498 Lantern Ter are: Lake Hamilton Intermediate School (GreatSchools Rating 6/10), Lake Hamilton Elementary School (GreatSchools Rating 9/10), Oaklawn STEM Magnet School (GreatSchools Rating 4/10), Lake Hamilton Middle School (GreatSchools Rating 5/10), Bismarck Middle School (GreatSchools Rating 7/10), Lakeside Middle School (GreatSchools Rating 7/10), Lake Hamilton Jr. High School (GreatSchools Rating 8/10), Lake Hamilton High School (GreatSchools Rating 5/10), Mountain Pine High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $4,334 (source: MLS/based on county public records data).

The last sale was on March 1, 2024 for $1,500,000 (source: MLS/tax record).

The property at 498 Lantern Ter has 4 bedrooms and 4 full and 1 half bathrooms.

The property 498 Lantern Ter is 5,762 SqFt (source: MLS/tax record).

The year of construction for 498 Lantern Ter is 2006.

This home is located at 498 Lantern Ter in Hot Springs, AR and zip code 71913. This 5,762 square foot home was built in 2006. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $1,550,000.

In May 2025, from all listings sold in Hot Springs, AR there were more than 2 sold above asking price, over 30 sold below and more than 10 were sold right at the asked price. The number of listings in Hot Springs, AR increased by 16.7% between April and May 2025. In May 2025, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $250,000.

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

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