3+ Acre Lake Hamilton View Property | Peninsula Point Area Rare 3+ acre property in the Peninsula Point area with elevated views overlooking Lake Hamilton. The one-owner home needs substantial TLC but offers distinctive architectural character. Designed by the owner’s brother, who studied under renowned architect E. Fay Jones, and built by the owner’s father, a general contractor with 30+ years of residential and commercial experience. Renovate the existing home, create a private estate, or explore new construction and possible subdivision, subject to city approval. Convenient to Lake Hamilton and Hot Springs amenities.