We just opened a 10 mile difficult mountain biking course part of which is in my neighborhood overlooking the Arkansas River. Hot Springs Arkansas has a lot going on right now and a house on Lake Hamilton is very desirable. If you love golf, you should seriously look into Hot Spring Village. 5 beautiful championship golf courses!
If you are a laid back wannabe hippie who appreciates fine arts and crafts, then Eureka Springs in NorthWest Arkansas should grab your attention. Beautiful Ozark mountain area with very progressive residents. It resembles a Swiss Village with somewhat narrow streets and zero traffic lights. Additionally it is 30 minutes from some Great Lakes , hiking, fishing, mountain biking, etc. NW Arkansas is one of the top mountain biking destinations in America now.
Let me know if/ when you make a trip.
SG