Grand Point Bay Apartments

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240 Matthews Dr, Hot Springs, AR 71901
(501) 359-6862
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Grand Point Bay Apartments

240 Matthews Dr
Hot Springs, AR 71901
(501) 359-6862
Grand Point Bay Apartments in Hot Springs, AR - Building Photo

About Grand Point Bay Apartments

Welcome to Grand Point Bay Apartments, on the banks of Lake Hamilton. Enjoy the beautiful lake view surrounded by lavish landscaping. Fireplaces in every unit. Let Grand Point Bay Apartments be your new home.

Grand Point Bay Apartments is located in the 71901 Zip code of Hot Springs, AR. This community is professionally managed by J W Benafield Company

Property Contact Info

Floorplan Pricing and Availability

Grand Point Bay Apartments offers 2 Bedroom apartments starting from $800 and having 995 sq ft. Here is the current pricing and availability:

    • 2 Bedrooms

      From $800

      2 Bedroom

      2 Beds, 1.5 Baths, 995 sq ftAvailable Jun 1

      Availability Details

      PriceAvailability DateUnitSq Ft
      From $800June 1, 20252 Bedroom995 sq ft

      Model Amenities and Features

      Features

      • Air Conditioning
      • Balcony
      • Cable Ready
      • Ceiling Fans
      • Fireplace
      • Heating
      • High Speed Internet Access
      • Tub/Shower
      • Washer/Dryer

      Kitchen

      • Dishwasher
      • Disposal
      • Ice Maker
      • Kitchen
      • Range
      • Refrigerator

      Living Space

      • Carpet
      • Dining Room
      • Tile Floors
      • Walk-In Closets
      • Window Coverings

      Model Rent and Fees

      Price Range

      • $800 - $920
    Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

    Schedule a Tour

    Schedule a Tour
    Call us at: (501) 359-6862 to schedule a tour.

    Property Information

    Utilities Included

    • Trash Removal

    Pet Policy - Cats and Dogs

    • $20 Monthly Pet Rent
    • 2 Pet Limit
    • 20 lb Weight Limit
    • $300 Deposit
    • $300 move in pet fee plus $20 monthly pet fee for Pets under 20 pounds.
    • Pet Interview Required
    Ask Us About Our Pet Policy

    Parking Fees & Info

    Parking Surface

    • Surface Lot

    Fee & Deposit Info

    One-Time Fees

    • $25 Application Fee

    Features and Amenities

    Unique Amenities

    • Electric fireplaces

    Community Features

    • Walk Up

    Outdoor Features

    • Dock
    • Sundeck
    • Lake Access
    • Waterfront

    Recreation and Fitness

    • Pool

    Interior Features

    • Balcony
    • Tub/Shower
    • Heating
    • Ceiling Fans
    • Fireplace
    • High Speed Internet Access
    • Cable Ready
    • Washer/Dryer
    • Air Conditioning

    Kitchen Amenities

    • Dishwasher
    • Range
    • Refrigerator
    • Disposal
    • Ice Maker
    • Kitchen

    Living Area Features

    • Walk In Closets
    • Dining Room
    • Carpet
    • Tile Floors
    • Window Coverings
    Google Map

    Map

    240 Matthews Dr, Hot Springs, AR 71901

    Hours and Contact Info

    Call Us - Open Now!
    Currently Closed
    By Appointment
    Monday8:30 am–5:00 pm
    Tuesday8:30 am–5:00 pm
    Wednesday8:30 am–5:00 pm
    Thursday8:30 am–5:00 pm
    Friday8:30 am–5:00 pm
    SaturdayClosed
    SundayClosed

    Getting Around

    Walk Score®

    6 / 100

    Car-Dependent

    Almost all errands require a car

    Bike Score®

    1 / 100

    Somewhat Bikeable

    Minimal bike infrastructure

    Frequently Asked Questions about Grand Point Bay Apartments

    Where is Grand Point Bay Apartments located?

    Grand Point Bay Apartments is located at 240 Matthews Dr, Hot Springs, AR

    What is the current rent range at Grand Point Bay Apartments?

    2 Bedrooms at Grand Point Bay Apartments is $800. Call today for more info!

    When is the leasing office open?

    • The office Hours for Grand Point Bay Apartments are
    • Monday 8:30 am–5:00 pm
    • Tuesday 8:30 am–5:00 pm
    • Wednesday 8:30 am–5:00 pm
    • Thursday 8:30 am–5:00 pm
    • Friday 8:30 am–5:00 pm
    • Saturday Closed
    • Sunday Closed

    Are pets allowed?

    Yes. Pets are allowed at Grand Point Bay Apartments. Call us today for info on moving here with your pet.

    Lifestyle Ratings

    • Cost Per Sq.Ft. 3.0

      The Cost Per Square Foot rating shows you the average cost per square foot for floorplans at this community in relation to the local average.

    • Affordability Nice Value3.2

      The Grand Point Bay Apartments Apartments are 27.0% cheaper than the average apartment city-wide.

      Rent Comparison to the city of Hot Springs

      FloorplanLowest Price HereCity Average RentCost Difference%
      2 Bedroom$800$1,096-$296-27.0%

      Methodology: On 03/25/2025, ApartmentHomeLiving.com compared current rents by floorplan to 53 other apartment communities in Hot Springs using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

      Rent Pricing Data as of 03/25/2025

    • Pet Friendly 3.2

      Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

      Rating Factors

      This 3.2-star Pet Friendly rating is based on the following features:

      • Lake Access
      • Balconies
      • Tile Floors
      • Heating
      • Air Conditioning
    • Family Friendly 3.2

      Family Friendly apartments feature the best community amenities for larger families like larger floorplans, playgrounds and day care options.

      Rating Factors

      This 3.2-star Family Friendly rating is based on the following features:

      • Fireplaces
      • Lake Access
      • Washer/Dryer In Unit
      • Swimming Pool(s)
      • High Speed Internet Access
      • Dishwashers
      • Tile Floors
      • Dock
      • Sundeck(s)
      • Balconies
      • Tub/Showers
      • Heating
      • Ceiling Fans
      • Air Conditioning
      • Disposals
      • Ice Makers
      • Kitchens
      • Dining Rooms
      • Window Coverings
      • Cable Ready
      See more
      See less
    • Student Living 3.2

      Rentals that are highly rated for the Student Living Lifestyle rating have top features and amenities that benefit students and others who enjoy living the student lifestyle.

      Rating Factors

      This 3.2-star Student Living rating is based on the following features:

      • Washer/Dryer In Unit
      • Sundeck(s)
      • Swimming Pool(s)
      • Window Coverings
      • Dock
      • Waterfront Community
      • Balconies
      • Tub/Showers
      • Heating
      • Fireplaces
      • High Speed Internet Access
      • Air Conditioning
      • Dishwashers
      • Ranges
      • Refrigerators
      • Disposals
      • Ice Makers
      • Kitchens
      • Dining Rooms
      • Ceiling Fans
      • Cable Ready
      See more
      See less
    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    4.0
    3 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
    • Great place to live!

      November 20, 2023
      Many positives! The people who work here in management, office staff and maintenance are all top notch. The rules you agree to when you sign your lease are enforced but that is to your benefit. The complex is clean and well maintained at all times. The rent is fair and any problems you have are quickly addressed. I highly recommend Grand Point Bay Apartments!
      Review from Apartments.com
    • This place is a scam don't waste your application fee!

      September 11, 2023
      They scam people out of application fees by telling them there available units when there really are none. Notice that they always have a unit available on the first of every month. I have applied and each time the day I apply the unit is available and the day after the units occupant decided not to move. SCAM!
      Review from Apartments.com
    • Great Maintenance

      January 6, 2021
      i was once a tenant &&i dint want to leave. Eveyone was so nice and friendly
      Review from Apartments.com

    Nearby Schools

    Lakeside Intermediate School

    Lakeside
    2855 Malvern Avenue
    Public School - Grades 2-4 (720 Students)
    In Attendance Zone5 minute drive / 2.7 miles away
    7/10

    Lakeside Middle School

    Lakeside
    1110 S LAKESHORE DR
    Public School - Grades 5-6 (553 Students)
    In Attendance Zone6 minute drive / 3.1 miles away
    7/10

    Lakeside High School

    Lakeside
    2871 Malvern Avenue
    Public School - Grades 9-12 (1112 Students)
    In Attendance Zone5 minute drive / 2.8 miles away
    9/10

    Lakeside Primary School

    Lakeside
    2841 Malvern Avenue
    Public School - Grades PK-1 (524 Students)
    In Attendance Zone5 minute drive / 2.7 miles away
    School data provided by GreatSchools.
    details
    The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

    About GreatSchools Data on ApartmentHomeLiving.com.

    Points of Interest

    Time and distance from Grand Point Bay Apartments.

    Big Box and Retail

    Kroger
    3341 S Central Ave
    4 minute drive / 1.46 miles away
    Autozone
    3364 Central Ave
    4 minute drive / 1.49 miles away
    Jcpenney
    4501 N Central Ave
    5 minute drive / 2.48 miles away

    Colleges and Universities

    101 College Dr
    12 minute drive / 5.8 miles away

    Groceries

    Kroger
    3341 S Central Ave
    4 minute drive / 1.46 miles away
    Harps Food Stores
    146 Thornton Ferry Rd
    12 minute drive / 5.71 miles away

    Hospitals

    St. Vincent Hot Springs
    300 Werner Street
    4 minute drive / 1.56 miles away
    National Park Medical Center
    1910 Malvern Avenue
    5 minute drive / 1.85 miles away
    Levi Hospital
    300 Prospect Ave
    7 minute drive / 3.58 miles away

    Shopping Centers

    200-500 Cornerstone Blvd
    3 minute drive / 1.14 miles away
    3907-3911 Central Ave
    3 minute drive / 1.24 miles away
    3955 Central Ave
    3 minute drive / 1.26 miles away

    Grand Point Bay Apartments has 5 shopping centers within 1.3 miles.

    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Hot Springs Studio Apartments $983$750$1,400
    Hot Springs 1 Bedroom Apartments $981$600$2,139
    Hot Springs 2 Bedroom Apartments $1,096$800$1,823
    Hot Springs 3 Bedroom Apartments $1,392$995$1,950
    Hot Springs 4 Bedroom Apartments $1,650$1,650$1,650

    Browse Top Apartments in Hot Springs

    By Price

    By Community Type

    By Amenities

    Viewing: Grand Point Bay Apartments | Desktop Version | Listing Updated: 03/20/2025 | AHLGLD