Prime Destination Investment: New Orleans Estate with Rare STR Licensing ?Unlock a High-Yield Turnkey Opportunity in Hot Springs' Most Prestigious Enclave. ?Rarely does a property combine historic architectural grandeur with the modern "gold mine" potential of a fully transferable Short-Term Rental (STR) license. Situated at 112 Leigh Circle, this 3,500 sq. ft. New Orleans-style brick estate is positioned in an elite, private neighborhood favored by the city's top professionals. ?While currently an elegant colonial residence, this property is engineered to be transformed into a premier "Destination BnB" capable of sleeping 18+ guests. For the visionary investor, this is the ultimate luxury rental for Oaklawn's racing season, summer lake holidays, and multi-family reunions. ?The Investment Edge: A Rare STR Asset ?In a market where STR permits have become nearly impossible to obtain, this property carries the crown jewel of ROI: a pre-existing STR license. ?The Vision: The oversized lot and sprawling floor plan are a blank canvas for a high-end hospitality conversion. Imagine a destination featuring: ?Entertainment Hub: Dedicated arcade room and professional-grade pool table lounge. ?Wellness & Leisure: A private workout suite and secluded outdoor hot tub deck. ?Capacity: Configured to comfortably host two to three families (up to 18 guests), maximizing per-night premiums. ?Logistics: Ample parking and expansive covered porches designed for large-group entertaining. ?Architectural Excellence & Layout ?New Orleans Grandeur: A striking two-story all-brick exterior topped with a signature widow's watch, offering a stately presence that commands attention. ?The Main Level: A traditional heart featuring a site-built wood-burning fireplace, a massive open kitchen/dining combo built for catering large groups, and a dedicated home office. ?Versatile Accommodations: 4 spacious bedrooms and 3 full bathrooms, including a convenient main-floor bedroom suite. ?Refined Finishes: Solid surface countertops, custom built-ins, and a sophisticated mix of hardwood and tile flooring. ?Location: The Heart of Hot Springs Luxury ?Located within the prestigious Lakeside School District and tucked into a quiet, secure subdivision, 112 Leigh Circle offers the privacy demanded by "Doctor and Lawyer" families while remaining minutes from the action of the track and downtown. ?Whether you are looking for a stately forever home or a high-performance asset for your portfolio, this estate represents the pinnacle of Hot Springs real estate. ?Contact for Private Showing: ?Cindy Camras, Realtor Trademark Real Estate LLC Cell: 501-617-6600 Email: CindyCamrasRealtor@gmail.com Cindy C. Holds The Key To Your Real Estate Needs!
| MLS # | 155528 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1974 |
| Days On Site | 105 |
| Listing Provided By | Trademark Real Estate, Inc. | Cynthia Camras |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,488 |
| Story(s) | 2 |
| Interior Features | Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector, Window Treatments, Balcony/Loft, Built-Ins, Ceiling Fan(s), Primary Bedroom w/Bath, Solid Surface Countertops |
|---|
| Exterior Features | Patio, Guttering, Hot Tub/Spa |
|---|---|
| Foundation | Crawl Space |
| Parking | Two Car |
|---|
| Utilities | Sewer - Municipal, Water - Municipal, Electric – Entergy |
|---|
| Property | 2887 |
|---|
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71901 |
| Area | Garland |
| Community Name | Eastgate 1 |
| School District | Lakeside |
| Listing VS Median (in Eastgate 1) | |
Price: $399,000 low | high Med: $399,000 sqft: 3,488 low | high Med: 3,488 $ / sqft: $114 low | high Med: $114 On site: 105 low | high Med: 105 | |
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71901 |
| Area | Garland |
| Community Name | Eastgate 1 |
| School District | Lakeside |
| Listing VS Median (in Eastgate 1) | |
Price: $399,000 low | high Med: $399,000 sqft: 3,488 low | high Med: 3,488 $ / sqft: $114 low | high Med: $114 On site: 105 low | high Med: 105 | |