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Home for Sale at 141 Penbay Pl in Hot Springs, AR for $495,000

Listing data last changed 5/25/2026
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141 Penbay Pl | LAKESIDE SCHOOL DISTRICT

$495,000 | 3 Beds | 2 Baths (2 Full) | 1,680 Sq. Ft.

3+ Acre Lake Hamilton View Property | Peninsula Point Area Rare opportunity to own approximately 3+ acres in the desirable Peninsula Point area overlooking Lake Hamilton. Positioned on an elevated homesite, this property offers potential for expansive, panoramic lake views and a peaceful, natural setting. The existing one-owner home features a unique architectural design, presenting an opportunity for renovation or reimagining. Ideal for buyers looking to restore the home as a guest residence while building a new primary home to take full advantage of the elevated vista and surrounding views. The acreage provides flexibility for potential subdivision into multiple buildable lots (subject to city approval) making this an appealing option for investors, builders, or those seeking a private estate setting. Located just minutes from Lake Hamilton amenities, this property combines privacy, view potential, and development opportunity in one of Hot Springs’ sought-after areas. CARMLS 26011957 Directions to property: Off Lake Park Dr go west on Bayshore Dr to Peninsula Dr and turn left onto Penbay Pl.

MLS Listing ID: 
CARMLS 26011957
Listing Pricing
Pricing information for this listing.
List Price: 
$495,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Detached
Primary Market Area: 
LAKESIDE SCHOOL DISTRICT
Address: 
141 Penbay Pl, Hot Springs, AR 71901, USA
County: 
Garland
Directions: 
Off Lake Park Dr go west on Bayshore Dr to Peninsula Dr and turn left onto Penbay Pl.
Public Remarks: 
3+ Acre Lake Hamilton View Property | Peninsula Point Area Rare opportunity to own approximately 3+ acres in the desirable Peninsula Point area overlooking Lake Hamilton. Positioned on an elevated homesite, this property offers potential for expansive, panoramic lake views and a peaceful, natural setting. The existing one-owner home features a unique architectural design, presenting an opportunity for renovation or reimagining. Ideal for buyers looking to restore the home as a guest residence while building a new primary home to take full advantage of the elevated vista and surrounding views. The acreage provides flexibility for potential subdivision into multiple buildable lots (subject to city approval) making this an appealing option for investors, builders, or those seeking a private estate setting. Located just minutes from Lake Hamilton amenities, this property combines privacy, view potential, and development opportunity in one of Hot Springs’ sought-after areas.
Community Information
Subdivision: 
Mete&Bound
Building Details
Details about the building on a property.
Architectural Style: 
Other (see remarks)
Stories: 
2
Year Built: 
1978
New Construction: 
0
Living Area: 
1,680
Basement: 
None
Interior: 
Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Balcony/Loft, Ceiling Fan(s), Breakfast Bar
Fireplaces: 
Woodburning-Site-Built
Floors: 
Luxury Vinyl, Tile, Carpet
Bedrooms: 
Primary Bedroom/Main Lv
Dining Area: 
Breakfast Bar, Living/Dining Combo
Construction
Foundation Details: 
Slab
Roof: 
Composition
Exterior: 
Wood
Exterior Features: 
Patio, Screened Porch, Partially Fenced
Room Details
Details about the rooms in the building.
Total Bedrooms: 
3
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Central Cool-Electric, Central Heat-Electric
Utilities: 
Sewer-Public, Septic, Water-Public, Elec-Municipal (+Entergy)
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
3.24
Lot Size (Dimensions): 
141134
Waterfront: 
1
Water Body Category: 
Lake
Water Body Name: 
Catherine
Property Features: 
Wooded, Cleared, River/Lake Area, Lake View, Vista View
Lot Features
Parking Type: 
Garage, Side Entry, Two Car
Road Surface: 
Paved
Public Record
Parcel Number: 
300-08862-000
Annual Tax: 
$239.07
Contract Details
Details about the listing contract.
Possession: 
At Closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Realty The Bergeron Group

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