BETWEEN LAKES DESOTO & CORTEZ: Land Sale on a 0.23 Ac Buildable Lot, Home Next Door | Private Gated Community

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Hot Springs Village, AR - 0.23 Acre Wooded Homesite | Palencia Ln | Between Lake DeSoto & Lake Cortez + Home Next Door 💰 INVESTOR HIGHLIGHTS 📈 HOME VALUES UP 84% IN 10 YEARS: Over the last 10 years, Hot Springs Village home values rose 84%, and they are up 57% since 2020 (Zillow Home Value Index). 🏡 $350,000 HOMES: Hot Springs Village's median single-family sale price is $350,000 over the last 12 months (Homes.com). 🔥 ACTIVE MARKET: In the last 12 months, 694 homes sold in Hot Springs Village. 🏌️ FULL AMENITY ACCESS FROM DAY ONE: Every Village amenity is open to lot owners, even before a home is built. ⏳ NO TIME LIMIT TO BUILD: Build on your schedule, or simply hold the land. 🧾 LOW HOLDING COST: HOA runs about $552 a year (about $46 a month) and covers the golf courses, lakes, tennis, pickleball, fitness centers, marinas and more. 🔒 PRIVATE GATED COMMUNITY 🚀 INVEST TODAY: Place your money in land in one of Arkansas's fastest-growing communities, and watch it grow. 📄 DESCRIPTION Secure a 0.23-acre wooded homesite on Palencia Ln, inside Hot Springs Village, set between two Village lakes: Lake Cortez is about 0.32 mi away and Lake DeSoto about 0.37 mi (straight line). There's a built home right next door at 34 Palencia Ln, and the lot sits on a quiet dead-end lane off DeSoto Blvd, about 0.6 mi by road from dining and the DeSoto Nature Trail area. 📍 PROPERTY DETAILS Address: Palencia Ln, Hot Springs Village, AR 71909 Subdivision: Palencia Block/Lot: Block 1 / Lot 19 Parcel #: 200-49400-019-000 S-T-R: 02-01S-19W Lot Size: 0.23 acres (county GIS) 🌟 WHY THIS PROPERTY STANDS OUT ✔ Between two lakes: about 0.32 mi to Lake Cortez and 0.37 mi to Lake DeSoto (straight line) ✔ Built home right next door ✔ Quiet dead-end lane off DeSoto Blvd ✔ About 0.9 mi by road to the DeSoto Nature Trail & Spillway Trail ✔ Wooded setting for privacy ✔ Strong appeal for a primary home, vacation home, or investment 👉 Not remote raw land, but a wooded homesite between two lakes with a neighbor already built next door. 🏡 ABOUT THE AREA / COMMUNITY Hot Springs Village is a resort-style community spanning over 26,000 acres. Amenities Include: ⦁ 9 golf courses, including nearby Cortez and DeSoto ⦁ 11 lakes, including Lake DeSoto and Lake Cortez ⦁ Beaches, marinas, boating, and fishing ⦁ Tennis & pickleball courts ⦁ Walking trails, parks, and greenbelts ⦁ Clubhouses, dining, and community events 👉 This is more than land — it's a lifestyle community with year-round amenities. 📍 LOCATION ADVANTAGE ⦁ About 0.32 mi to Lake Cortez and 0.37 mi to Lake DeSoto (straight line) ⦁ About 0.6 mi by road to Debra's Good Eats and the DeSoto Blvd / Carmona Rd village center ⦁ About 3.0 mi by road to Cortez Golf Course; about 3.7 mi to DeSoto Golf Course ⦁ About 4.7 mi by road to Brookshire's grocery ⦁ About 18.8 mi to downtown Hot Springs and about 53 mi to downtown Little Rock ⦁ Near Hot Springs National Park 💰 COMPARABLE SALES Recent comparable land sales in Hot Springs Village have ranged from: ⦁ $12,000 – $25,000+ for similar parcels ⦁ Premium pricing for: ⦁ Lots near lakes ⦁ Lots with built homes nearby ⦁ Lots in established subdivisions 📈 INVESTMENT ANGLE This property checks key value drivers: ✔ Between Lake DeSoto and Lake Cortez ✔ Built home next door ✔ Quiet dead-end lane ✔ Resort-style amenities throughout the Village 👉 Perfect for a primary home, vacation home, or long-term hold. ⚡ AUCTION OPPORTUNITY This is your chance to secure a homesite between two Village lakes at auction-level pricing, potentially below current market comparables. 📍 Property Address Palencia Ln Hot Springs Village, AR 71909

Market demand: Real Estate in Arkansas sell about 24% of the time, typically 1 bid. Based on 274 completed sales over the last year.