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About This Home

This 2-bedroom, 2-bathroom condo at 137 Central Terrace in Hot Springs, AR is listed for $315,000 ($204 per sqft). Built in 2005, the home offers 1,542 sqft of living space on a N/A lot.

Agent Description

If your idea of the perfect lake place includes wide water views, easy living, and the option to generate income when you're not using it this one checks the boxes. This third-floor condo in Central Terrace offers beautiful views of Lake Hamilton's main channel from both the living room and primary bedroom.

The open layout creates a comfortable space for everyday living or hosting friends at the lake, and the fireplace adds a cozy touch during cooler months. Step outside onto the spacious deck where mornings start with coffee and evenings end with sunset views over the water.

Whether you're looking for a weekend getaway, a low-maintenance lake home, or a property with strong short-term rental potential, this condo offers flexibility. Being sold fully furnished, including outdoor furniture. It's ready to enjoy or rent right away. One covered parking space that can fit two cars and a storage room add convenience, and the location puts you just minutes from restaurants, shopping, and everything Hot Springs has to offer.

Key Features

  • Built in 2005
  • Fireplace
  • Waterfront

Property Details

2 full
2005

Amenities

FireplaceWaterfront

Monthly Cost Estimate

$1,860/mo

20% down · 6.5% · 30 years

Principal$228
Interest$1,365
Insurance$92
HOA$175

Estimates only. Actual payments may vary.

Location

137 Central Terrace

Hot Springs, AR 71913

CENTRAL TERRACE CONDOMINIUMS HPR

Features & Amenities

Interior Features

Washer-StaysDryer-StaysWater Heater-Electric

Exterior Features

DeckOutside Storage Area

Property Details

Flooring

TileLaminate

Pool Features

Deck

Parking

Carport

Appliances

MicrowaveElectric RangeDishwasherDisposalPantryRefrigerator-Stays

Questions & Answers

This 2-bedroom, 2-bathroom condo at 137 Central Terrace is listed at $315,000 ($204/sqft). The estimated monthly payment is $1,540 based on 20% down at 6.5% interest.

HOA fees are $175/month.

Key features include: Built in 2005, Fireplace, Waterfront. Interior Features: Washer-Stays, Dryer-Stays, Water Heater-Electric. Exterior Features: Deck, Outside Storage Area.

This property is listed by Krystina Bullard and can be reached at 5013030344 or krystina@sarahbaileyandco.com.

KB

Krystina Bullard

Agent at Bailey & Company Real Estate

(501) 303-0344

Listed by Bailey & Company Real Estate · View on Broker Site

MLS# 26009944· Source: listhub· Updated 77 days ago

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

137 Central Terrace, Hot Springs, AR 71913

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