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About This Home

This 2-bedroom, 2-bathroom condo at 141 Central Ter 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.

Agent 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!

Key Features

  • Built in 2007
  • Fireplace
  • Waterfront

Property Details

2 full
2007

Amenities

FireplaceWaterfront

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 Ter

Hot Springs, AR 71913

CENTRAL TERRACE CONDOMINIUMS HPR

Features & Amenities

Interior Features

Wet BarWasher ConnectionWasher-StaysDryer Connection-ElectricDryer-StaysWater Heater-ElectricCeiling Fan(s)Walk-in ShowerBreakfast BarFurnishedKit Counter- Granite Slab

Exterior Features

PatioOutside Storage Area

Property Details

Flooring

CarpetTileWood

Pool Features

Patio

Parking

Assigned

Appliances

MicrowaveElectric RangeDishwasherRefrigerator-Stays

Questions & Answers

This 2-bedroom, 2-bathroom condo at 141 Central Ter is listed at $324,900 ($209/sqft). The estimated monthly payment is $1,583 based on 20% down at 6.5% interest.

HOA fees are $175/month.

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

This property is listed by David Ratcliffe and can be reached at 5015201501 or david@hotspringsfirstchoice.com.

DR

David Ratcliffe

Agent at Hot Springs 1st Choice Realty

(501) 520-1501

Listed by Hot Springs 1st Choice Realty · View on Broker Site

MLS# 25042340· Source: listhub· Updated 222 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.

141 Central Ter, Hot Springs, AR 71913

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