$295,000

503 Lakeland Dr Unit B2 Hot Springs, AR 71913

$3,503
Closing credit¹
2 beds
2 full
1,297 sqft
$227 / sqft
Condo

Property details

About 503 Lakeland Dr Unit B2

Experience lakefront living at its finest with this stunning, lake-level condo offering direct walkout access to the serene waters of Lake Hamilton. Perfectly located, it’s just minutes from Central Avenue’s dining, shopping, and entertainment options, and a short drive to Oaklawn Racing Casino Resort. Built with quality in mind, this all-brick condo features 6-inch exterior walls, extra insulation, and 9-foot ceilings adorned with elaborate crown moldings. Inside, the open floor plan seamlessly connects the living, dining, and kitchen areas, all with a bright and airy feel. The gourmet kitchen boasts granite countertops, stainless steel appliances, and a built-in under-counter ice maker, making it ideal for entertaining. The owner’s suite includes patio access, a walk-in closet, and a private bath, while each additional bedroom also features its own en-suite bathroom for ultimate convenience. A half-bath is located in the main living area for guests. Tile flooring runs throughout the home, including fresh updates in the bedrooms and baths, and the interior has been recently painted. A gas log fireplace adds warmth to the living room, and a separate laundry room comes equipped with a washer and dryer. Outside, the patio provides direct access to Lake Hamilton, perfect for relaxing by the water. While a boat slip isn’t included, the current owners have successfully rented one annually. The property’s HOA fees are a low $230 per month, and the bylaws require a minimum rental period of three months, ensuring a peaceful community environment. With its premium lake access, luxurious features, and prime location near everything, this condo is the perfect retreat, full-time home, or investment opportunity. Don’t miss out on this rare chance to enjoy the best of Lake Hamilton living!

Highlights

Home typeCondominium
HeatingElectric, Central
StatusActive
(ACTIVE)
Size1,297 sqft
Year built2008
MLS #149251
Garage1 space
WaterfrontLake Front
ViewLake

Summary

  • MLS Number: 149251
  • MLS Name: HotSprings
  • Office Name: The Goff Group Real Estate
  • Office Phone: (501) 525-0908
  • Listing Agent: David Hall

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: 4/16/2025, 12:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space with a water view

$295,000

503 Lakeland Dr Unit B2

$3,503

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

Main Street Visual and Preforming Arts Magnet School

Public Magnet PK-6

2.6 mi

301 Oaklawn St

7

Park Magnet IB World School

Public Magnet PK-6

3.0 mi

617 Main St

4

Oaklawn STEM Magnet School

Public Magnet PK-6

3.5 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 $37,549. Residents of Hot Springs, AR typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

47%
<35k
34%
35k-100k
10%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
12%
Single, with Kids
23%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
32%
18-34 yrs old
35%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • KmartKmart
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • FordFord
  • BuickBuick
  • LincolnLincoln

What do the neighbors listen to?

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

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Frequently asked questions

About 503 Lakeland Dr Unit B2

This home is located at 503 Lakeland Dr Unit B2 in Hot Springs, AR and zip code 71913. This 1,297 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $295,000.

In March 2025 more than 0 listings in Hot Springs, AR were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 66 were sold below. The number of listings in Hot Springs, AR increased by 16.2% between February and March 2025. Listings spent 112 days on the market in March 2025, and had a median list price of $223,250 during the same period.

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

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