Home for Sale at 106 HAMILTON PEAK, Hot Springs, AR 71913

106 Hamilton Peak
Hot Springs, AR 71913

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Property Details

List Price:	$975,000
Beds:	4
Baths:	5
Status:	Active
SqFt:	4050
Agency:	Hot Springs 1st Choice Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2009
Notes:	Luxurious Waterfront Living and Investment Opportunity. Presenting an exquisite three-story modern waterfront townhouse boasting 4,050 square feet of sophisticated living in the esteemed Hamilton Peak community. This exclusive enclave comprises only four townhomes, ensuring unparalleled privacy and stunning panoramic views of Lake Hamilton. What makes this property truly exceptional is the Home Owners Association (HOA) allowance for short-term rentals, making it a savvy investment choice. Top-Level Luxury. Ascending the stairs, you'll find a versatile bonus room leading to three bedrooms, two baths, and a convenient laundry room. The grand primary suite is positioned lakeside, featuring vaulted ceilings and expansive glass walls that offer an uninterrupted connection to the serene lake. Step onto the screened balcony to immerse yourself in the breathtaking views. The luxurious primary bath is adorned with a double sink vanity, a spacious walk-in shower, and an indulgent soaking tub. Main Level Elegance. The main level seamlessly merges an open concept floor plan, encompassing the kitchen, family room, and dining area. Every seat offers panoramic lake views. Access another walk-out balcony complete with an outdoor kitchen, perfect for entertaining and enjoying the fresh air. This level also includes a half bath. The modern kitchen is equipped with a gas cook-top and a wall convection oven. Lower Level Retreat. The lower level, or basement area, provides a relaxed living space, perfect for guest accommodations. It features another full kitchen, a spacious family room, a bedroom, and 1.5 baths, along with a laundry room. Step outside to the patio and a grassy common area, perfect for pets and outdoor enjoyment. Your covered boat slip and personal watercraft (PWC) slips are just steps away. Additional Features. Additional features of this exceptional townhouse include a 2-car garage, instant hot water, 10' ceilings on each floor, 30' long balconies and patio for ample outdoor space, electric shades on all lake-facing windows, plantation blinds on other windows, gas hook-ups on both balconies for heaters and grills, and water spigots on the second balcony for convenience. Don't miss the opportunity to own this modern waterfront townhouse, offering both luxurious living and investment potential. Contact us today to schedule a private viewing and experience the unmatched beauty and convenience of life at Hamilton Peak. Your lakefront dreams await!
MlsNumber:	145802

Listing Provided By:	Hot Springs 1st Choice Realty, original listing
Name:	Hot Springs 1st Choice Realty
Phone:	(501) 525-1600
Office Name:	Hot Springs 1st Choice Realty
Office Phone:	(501) 525-1600
Agent Name:	Jeff Kennedy
Disclaimer:	Copyright Â© 2024 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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