Priced Well Below Market – Infill Lot in Cresta Subdivision | Surrounded by Homes in Hot Springs Village

Description

Hot Springs Village, AR - 0.26 Acre Infill Lot | CRESTA WAY | Surrounded by Homes in Established Neighborhood 📄 DESCRIPTION This is a rare opportunity to secure a 0.26-acre (11,318+ sq ft) infill parcel located in the highly desirable Cresta subdivision of Hot Springs Village. Properties with this combination — infill positioning + surrounded by established homes + consistent neighborhood development + strong infrastructure access — are increasingly limited and highly sought after by both investors and end users. 📍 PROPERTY DETAILS Address: CRESTA WAY Subdivision: CRESTA Block/Lot: 004 / 25 Parcel #: 488-00102-000 S-T-R: 15-01S-18W Size: 0.26 acres (11,318.253 sq ft) 🌟 WHY THIS PROPERTY STANDS OUT ✔ True infill lot surrounded by existing homes ✔ Located in a fully developed, established subdivision ✔ Consistent residential surroundings supporting long-term value ✔ Build-ready positioning with nearby infrastructure ✔ Situated in a quiet, high-demand section of Hot Springs Village 👉 This is exactly the type of property serious buyers look for — not raw or isolated land, but strategically positioned within a completed neighborhood. 🏡 ABOUT THE AREA / COMMUNITY Hot Springs Village is a premier gated resort-style community spanning over 26,000 acres, offering long-term demand, natural beauty, and lifestyle-driven living. Amenities Include: ⦁ 9 Championship Golf Courses ⦁ 11 Lakes including Lake Balboa and Lake DeSoto ⦁ Tennis & pickleball courts ⦁ Walking trails, parks, and scenic surroundings ⦁ Clubhouses, dining, and social events ⦁ 24/7 gated security and controlled access 👉 This is more than land — it’s a high-demand lifestyle investment community with proven stability and appreciation potential. 📍 LOCATION ADVANTAGE ⦁ Minutes to multiple golf courses and recreation areas ⦁ Close to lakes, trails, and community amenities ⦁ ~45 minutes to Little Rock metro ⦁ Near Hot Springs National Park and Oaklawn attractions ⦁ Established roads, utilities, and infrastructure 👉 Strong location fundamentals support both resale demand and long-term value growth. 💰 HIGH-END COMPS Recent comparable land sales in Hot Springs Village have ranged from: ⦁ $15,000 – $35,000+ for similar infill parcels ⦁ Premium pricing for: ⦁ Infill lots surrounded by homes ⦁ Build-ready parcels in established subdivisions ⦁ Lots with consistent neighborhood development 👉 Lower-tier or undeveloped parcels sell below this range — this property sits in the upper-tier category due to its infill positioning and location stability. 📈 INVESTMENT ANGLE This property checks key value drivers: ✔ True infill lot (surrounded by established homes) ✔ Fully developed residential setting ✔ Strong infrastructure and utility access ✔ Consistent neighborhood demand profile ✔ Ideal for immediate or future build 👉 These are the exact characteristics that drive long-term appreciation and buyer demand. 🧾 HOA INFORMATION Low HOA fees for landowners — approximately $552/year for undeveloped lots (as of 2025). Includes access to all Village amenities. ⚡ AUCTION OPPORTUNITY Infill lots in established sections like Cresta are limited and highly competitive. This is your opportunity to secure a strategically positioned parcel at auction-level pricing, potentially below current market comparables. 📍 PROPERTY ADDRESS CRESTA WAY Hot Springs Village, AR 71909