About This Home

This 3-bedroom, 2-bathroom single family at 141 Penbay Place in Hot Springs, AR is listed for $289,000 ($172 per sqft). Built in 1978, the home offers 1,680 sqft of living space on a 1.50 acres lot.

Key Features

  • Built in 1978
  • 1.50 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
2 full
2-car garage
1978

Amenities

FireplaceWaterfront
Listing Description

1.5+ Acre Lake Hamilton View Property | Peninsula Point Area A rare opportunity to own approximately 1.5+ acres in the desirable Peninsula Point area with elevated views overlooking Lake Hamilton. Set in a peaceful, natural setting, the property offers the potential for expansive panoramic lake views along with multiple possibilities for renovation, new construction, or future development.

The existing one-owner home is in need of substantial TLC and renovation, but its history and design set it apart. The residence was architecturally designed by the owner's brother, who studied under renowned Arkansas architect E. Fay Jones, and was built by the owner's father, a general contractor with more than 30 years of residential and commercial construction experience. Its distinctive design provides a compelling foundation for buyers interested in restoring, renovating, or reimagining a truly unique property.

Monthly Cost Estimate

$1,546/mo

20% down · 6.5% · 30 years

Principal$209
Interest$1,252
Insurance$84

Estimates only. Actual payments may vary.

Location

141 Penbay Place

Hot Springs, AR 71901

Metes & Bounds

Features & Amenities

Interior Features

Washer ConnectionDryer Connection-ElectricWater Heater-ElectricBalcony/LoftCeiling Fan(s)Breakfast Bar

Exterior Features

PatioScreened PorchPartially Fenced

Property Details

Flooring

CarpetVinylTile

Outdoor Features

PatioPorch

Parking

Garage

Appliances

Free-Standing StoveMicrowaveDishwasherDisposalRefrigerator-Stays

Questions & Answers

This 3-bedroom, 2-bathroom single family at 141 Penbay Place is listed at $289,000 ($172/sqft). The estimated monthly payment is $1,545 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 1.50 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: Washer Connection, Dryer Connection-Electric, Water Heater-Electric. Exterior Features: Patio, Screened Porch, Partially Fenced.

This property is listed by Nancy Bergeron.

NB

Nancy Bergeron

Agent at Keller Williams Realty The Bergeron Group

Listed by Keller Williams Realty The Bergeron Group · Broker phone: 5014636328 · View on Broker Site

MLS# 26021908· Source: Cooperative Arkansas Realtors Multiple Listing Service· 152 days on PropertySimple

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 Penbay Place, Hot Springs, AR 71901

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