Property Description

Lakefront opportunity on Lake Hamilton in Hot Springs! This 1-bedroom, 1-bath condo in Beacon Manor Condominiums is a full renovation project, offering incredible potential for investors or buyers looking to customize their own lake retreat. Being sold as-is, where-is with no repairs. Enjoy beautiful water views and included boat slip (Dock 6, Slip #1) also conveyed as-is. The slip was impacted by the recent ice storm and is currently non-usable per utility guidelines; future repair or replacement will be the responsibility of the new owner. Call listing agent for more info. Beacon Manor offers a variety of amenities including a pool, pickleball and basketball courts, two reservable common rooms, a game room, commercial laundry facility, and multiple outdoor grilling areas. The building also features an elevator, freight elevator, trash chute, and backup generator for added convenience. HOA dues are $207.50/month and cover everything except water and electric. Includes one assigned covered parking space (B22) plus guest parking. Approved for STR- 3 night minimum. Unit requires significant updates including full interior renovation, appliances, and compliance with updated city requirements for balcony/HVAC configuration making it a perfect value-add opportunity in a sought-after lakefront location. Don't miss your chance to transform this space into your ideal getaway or investment property!

Property Features

Local Schools