Grand Point Bay Apartments

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(501) 359-6862
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240 Matthews Dr, Hot Springs, AR 71901

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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
  • 1–2 Bedrooms
  • $715-$950 Pricing
  • 649–995 Square Feet

About Grand Point Bay Apartments

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 1 to 2 Bedroom apartments starting from $715 and having 649–995 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    1 Bedroom

    From $715

    1 Bed, 1 Bath, 649 sq ft
    Available Jun 1

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $715June 1, 20261 Bedroom649 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • 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

    Outdoor Space

    • Dock

    Model Rent and Fees

    Model Price Range

    • $715 - $840
  • 2 Bedrooms

    2 Bedroom

    From $825

    2 Beds, 1.5 Baths, 995 sq ft
    Available Jun 1

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $825June 1, 20262 Bedroom995 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • 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

    Model Price Range

    • $825 - $950
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. 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

  • 112 Units
  • 2 Stories
  • Built in 1983

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$25.00

Pet Policy and Fees

Cats
  • 2 Pet Limit
  • 20 Lb Weight Limit
  • Pet interview
Restrictions:

$300 move in pet fee plus $20 monthly pet fee for Pets under 20 pounds.

Dogs
  • 2 Pet Limit
  • 20 Lb Weight Limit
  • Pet interview
Restrictions:

$300 move in pet fee plus $20 monthly pet fee for Pets under 20 pounds.

Parking Info and Fees

Surface Lot

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

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

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?

1 Bedroom to 2 Bedroom Apartments at Grand Point Bay Apartments currently range from $715 to $950

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?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.2

    The Grand Point Bay Apartments Apartments are 23.25% cheaper than the average apartment city-wide.

    Rent Comparison to the city of Hot Springs

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$715$976-$261-26.7%
    2 Bedroom$825$1,029-$204-19.8%

    Methodology: On 04/15/2026, ApartmentHomeLiving.com compared current rents by floorplan to 129 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 04/15/2026

  • Pet Friendly 3.0

    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 3.0-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
  • Outdoors 3.2

    The Outdoors rating shows the apartment listings on ApartmentHomeLiving.com with the top amenities and features for renters who love the outdoor lifestyle.

    Rating Factors

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

    • Dock
    • Lake Access
    • Waterfront Community
    • Balconies
    • Fireplaces
    • Sundeck(s)
    • Swimming Pool(s)
Learn more about Lifestyle Search

Renters Reviews and Ratings

4.0
4 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.

    April 29, 2025
    I moved here in 2021. The apartments are very well kept and so quiet. Brandy does an excellent job managing the complex and submits any maintenance request in a timely manner. Maintenance is wonderful as well.
    Review from Apartments.com
  • 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

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

National Park College

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

Cornerstone Marketplace

200-500 Cornerstone Blvd
3 minute drive / 1.14 miles away

South Park

3907-3911 Central Ave
3 minute drive / 1.24 miles away

Buena Vista Plaza

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 $1,262$1,125$1,400
Hot Springs 1 Bedroom Apartments $976$600$1,555
Hot Springs 2 Bedroom Apartments $1,029$795$1,495
Hot Springs 3 Bedroom Apartments $1,812$995$3,000
Hot Springs 4 Bedroom Apartments $1,597$1,395$1,800

Browse Top Apartments in Hot Springs

Viewing: Grand Point Bay Apartments | Desktop Version | Listing Updated: 04/08/2026 | AHLGLD