Turnkey Investment on Lake Hamilton! This stunning, fully updated 2-bedroom, 2-bathroom condo offers an incredible opportunity to own a income-generating property. Located in the heart of Hot Springs, this residence comes fully furnished with modern, high-end decor and a fully stocked kitchen, making it completely guest-ready from day one. Step inside to an open-concept living space featuring sleek flooring and updated fixtures. Both spacious bedrooms serve as peaceful retreats, paired with beautifully remodeled bathrooms. Relax on your private balcony and take advantage of direct, premium Lake Hamilton access—perfect for boating, swimming, and lakeside fun. Best of all, this property boasts an active short-term rental license, allowing you to bypass strict city waiting lists and start hosting immediately. Whether you are looking for a lucrative addition to your real estate portfolio, a personal vacation getaway, or a mix of both, this updated lakeside gem is the ultimate hands-free investment. Don't miss out!
Single-familyProperty Type
2005Year Built
$209Price/Sq.Ft.
$170/moHOA Dues
2 car garageParking
Listed by Greg Calaway• Baxley-Penfield-Moudy Realtors
This centrally located condo in Hot Springs offers direct lake access and is perfectly situated near some of the city's best restaurants, shopping, and entertainment. Nestled in a desirable, well-maintained area, this unit provides the perfect blend of convenience and relaxation, whether you're enjoying a peaceful day on the water or a fun night out on the town. Don’t miss your chance to own a piece of paradise in one of Arkansas’s most scenic and vibrant lake communities!
Type
Condo/Townhse/Duplex/Apartment
CARMLS #20004102
Jan 5, 2020
Sold
$138,000
$123/sq ft
Nov 14, 2019
Listed
$144,900
$129/sq ft
Great condo
Type
Condo/Townhse/Duplex/Apartment
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Condo/Co-op
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Garland County
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Last updated by owner on Nov 11, 2026.
Historical weather
Hot Springs, AR • 71913
Average low and high temperatures (°F)
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39
73
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87
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77
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68
48
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40
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Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 28% for direct sun exposure in Hot Springs. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 118 Pretti
$234,347
$653 under list price of $235K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $165K to $340K.