End-of-Inventory Liquidation Deal – Infill Lot Near Lake DeSoto & Cortez | Build Now in Prime Palencia Pocket - photo 1

End-of-Inventory Liquidation Deal – Infill Lot Near Lake DeSoto & Cortez | Build Now in Prime Palencia Pocket

Current Bid

$6,950

Time Left

29d 11h

Ends Jul 8, 2026

Seller

🏛️ Pitman Realty LLC - Real Estate Remarketing, NY

Condition: As-is

Description

Hot Springs Village, AR - 0.247 Acre Infill Lot | PALENCIA LN | Near Lake DeSoto & Lake Cortez, Close to Amenities 📄 DESCRIPTION Secure a strategic position inside one of Hot Springs Village’s most established and desirable subdivisions. This infill lot on Palencia Ln offers immediate build potential in a developed setting—no waiting, no guesswork. With close proximity to Lake DeSoto and Lake Cortez, plus easy access to nearby establishments, this parcel delivers the rare blend of location, usability, and long-term upside. As available infill inventory continues to tighten, opportunities like this are becoming increasingly limited. 📍 Property Details Address: PALENCIA LN Subdivision: PALENCIA Block/Lot: BLOCK 1 LOT 8 Parcel #: 200-49400-008-000 S-T-R: 02-01S-19W Size: 0.247 acres (10,767.926 sq ft) 🌟 Why This Lot Stands Out ✔ True infill lot surrounded by established homes ✔ Minutes to Lake DeSoto & Lake Cortez ✔ Close to shopping, dining, and daily conveniences ✔ Build-ready parcel in a proven, desirable subdivision ✔ Strong resale and long-term appreciation potential 👉 Infill lots like this offer immediate usability and stronger market appeal—making them a top choice for both builders and investors seeking reliable value. About the Area / Community Hot Springs Village is a premier gated community known for its natural beauty, active lifestyle, and resort-style living. Spanning thousands of acres of rolling terrain, lakes, and forests, it provides a peaceful environment with modern amenities. Residents enjoy a unique balance of recreation and relaxation, with a strong sense of community and year-round activities. Whether for a primary residence, vacation retreat, or investment hold, the Village continues to attract buyers seeking both lifestyle and value. Amenities Include: 9 Championship Golf Courses 11 Scenic Lakes Boating, Fishing & Marinas Walking & Nature Trails Fitness Centers & Pools Tennis & Pickleball Courts Dining, Clubs & Social Events 📍 Location Advantage Near Lake DeSoto & Lake Cortez recreation areas Close to essential services, shops, and restaurants Short drive to Hot Springs National Park Convenient access to Little Rock 💰 HIGH-END COMPS Recent larger and well-positioned lots in Hot Springs Village have sold in the $12,000 – $25,000+ range, particularly those near lakes and within established neighborhoods. Infill parcels with similar positioning consistently trend toward the upper end of that range, reinforcing strong value fundamentals. 📈 Investment Angle Limited supply of infill lots in established subdivisions Increasing demand for build-ready homesites Strong community-driven appreciation trends Flexible exit strategies: build, hold, or resell Positioned competitively below typical market expectations 🧾 HOA Information Low HOA fees for landowners — approximately $552/year for undeveloped lots (as of 2025). Includes access to all Village amenities. ⚡ Auction Opportunity This is a time-sensitive liquidation event—giving buyers the chance to secure a premium-located infill lot below typical market pricing. Inventory like this doesn’t last, especially in established sections near lakes. Act now to lock in value before competition drives it higher. 📍 Property Address PALENCIA LN Hot Springs Village, AR 71909

Pickup Information

📍
Hot Springs Village, AR 71909

Pitman Realty LLC - Real Estate Remarketing, NY

📅Pickup within 10 business days
📝Contact seller through GovDeals for pickup details. Most sellers require pickup within 10 business days of payment.

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