An instant hot water dispenser system includes a main body, having a water flow control valve seat, a water inlet and a water outlet, the water flow control valve seat being provided with a first flow control valve and a second flow control valve; a faucet being provided with a first pull member, a second pull member and a water outlet pipe; a first heating unit having a first water storage space and a heater; a second heating unit having a circulating water path and an instantaneous heater, the instantaneous heater being configured to instantaneously heat a water supply in the circulating water path to a predetermined temperature; a processing unit electrically connected to a control interface, the processing unit being further electrically connected to the water flow control valve seat, the first heating unit and the second heating unit.