Rare opportunity to acquire an entire turnkey, income-producing compound on Lake Hamilton - 4 residences, 2 game rooms, and 4.62 combined acres (including 3.35 acres of vacant land), sold together as a single property. Currently operating as an active VRBO/Airbnb rental portfolio, this is a compelling opportunity for investors seeking established short-term rental income, an extended family compound, or a private lake retreat with room for guests. Lake Hamilton offers a laid-back Arkansas lake lifestyle - boating, fishing, swimming, and sunset views just outside your door, with the shops, dining, and attractions of Hot Springs only minutes away. It's a destination guests return to year after year, making it a natural fit for a thriving short-term rental business. 687 & 689 Little Mazarn - Main House + Cottage The main residence offers 1,440 sq ft with 2 bedrooms and 2 baths. Originally built in 1960, it's been thoughtfully updated throughout. This parcel boasts an impressive 308 feet of Lake Hamilton frontage, with a single-stall boat dock and lift. Sharing the same parcel is an updated cottage with 1 bedroom and 1 bath upstairs, plus a matching layout downstairs, for 560 sq ft total across the two levels. 683 Little Mazarn - Newer Construction Home Built in 2022, this home offers 864 sq ft, 2 bedrooms, and 2 baths, beautifully furnished - move-in or rental ready. 679 Little Mazarn - Sister Rental Property A near-identical match to 683 Little Mazarn at 864 sq ft, this property adds 93.5 feet of Lake Hamilton frontage - a fantastic rental with direct water access. Two Game Rooms Each housed in its own separate metal utility building - great flex space for entertaining, hobbies, or storage. Adjacent Vacant Land 3.35 of the 4.62 total acres is vacant land - room to expand, build additional structures, or preserve for privacy. Property Totals 4.62 combined acres (including 3.35 vacant) 3,728 total sq ft across 4 residences 7 bedrooms, 7 bathrooms 401.5 combined feet of Lake Hamilton frontage Single-stall boat dock with lift Active, income-producing VRBO/Airbnb portfolio
| MLS # | 156698 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 54 |
| Listing Provided By | Lake Homes Realty, LLC | Rachelle McClard |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,728 |
| Story(s) | 1 |
| Acreage | 4.62 |
| Water Front | Yes |
| Exterior Features | Deck, Storage Building |
|---|
| Parking | Four Car or More |
|---|
| Utilities | Sewer - Municipal, Water - Municipal, Electric – Entergy |
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| Property | 9806 |
|---|
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71913 |
| Area | Garland |
| Community Name | Metes & Bounds |
| School District | Lakeside |
| Listing VS Median (in Metes & Bounds) | |
Price: $2,275,000 low | high Med: $375,000 sqft: 3,728 low | high Med: 1,600 $ / sqft: $610 low | high Med: $234 On site: 54 low | high Med: 30 | |
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71913 |
| Area | Garland |
| Community Name | Metes & Bounds |
| School District | Lakeside |
| Listing VS Median (in Metes & Bounds) | |
Price: $2,275,000 low | high Med: $375,000 sqft: 3,728 low | high Med: 1,600 $ / sqft: $610 low | high Med: $234 On site: 54 low | high Med: 30 | |