
Current Bid
$4,888
Time Left
Ends Jun 1, 2026
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🏛️ Pitman Realty LLC - Real Estate Remarketing, NY
Condition: As-is
Immediate Liquidation – Infill Lot Near Lake Lago & Hiking Trails | Private Build-Ready Parcel in Hot Springs Village Hot Springs Village, AR - 0.25 Acre Infill Lot | 12 Derecho Way | Near Lakes + Hiking Trails + Established Setting 📄 DESCRIPTION This is a rare opportunity to secure a 0.25-acre (10,883.246 sq ft) parcel located on an interior lot in the highly desirable area of Siega. Properties with this combination — trail access + lake proximity + infill positioning + established neighborhood — are increasingly rare and highly sought after by both investors and end users. 📍 PROPERTY DETAILS Address: 12 Derecho Way Subdivision: Siega Parcel #: 740-00021-000 Block/Lot: 001 / 21 S-T-R: 04-01S-18W Lot Size: 0.25 acres (10,883.246 sq ft) 🌟 WHY THIS PROPERTY STANDS OUT ✔ Prime infill lot surrounded by established homes ✔ Close to hiking trails and Lake Lago ✔ Balanced lot size ideal for a variety of home builds ✔ Peaceful, nature-focused residential setting ✔ Located in a high-demand, established community 👉 This is exactly the type of property serious buyers look for — not remote raw land, but strategically located, build-ready investment land. 🏡 ABOUT THE AREA / COMMUNITY Hot Springs Village is a gated, resort-style community known for its lifestyle appeal and long-term desirability. Amenities Include: ⦁ Multiple championship golf courses ⦁ Access to several lakes including Lake Lago, Lake Balboa & Lake Coronado ⦁ Extensive hiking trails and outdoor recreation ⦁ Fitness centers and clubhouse facilities ⦁ Dining, retail, and community events ⦁ Gated security with POA-managed infrastructure 👉 This is more than land — it’s a lifestyle-driven investment area with consistent demand. 📍 LOCATION ADVANTAGE ⦁ ~20 minutes to Hot Springs ⦁ ~1 hour to Little Rock ⦁ Easy access to main Village roads and amenities ⦁ Near hiking trails, Lake Lago, and outdoor recreation areas 👉 Strong location fundamentals drive long-term value and resale demand. 💰 HIGH-END COMPS Recent comparable sales in the area have ranged from: ⦁ $8,000 – $20,000+ for similar parcels ⦁ Premium pricing for: ⦁ Trail-adjacent lots ⦁ Lake-area parcels ⦁ Infill lots in established neighborhoods 👉 Inferior lots typically sell lower — but this property offers strong appeal due to its location and accessibility to nature amenities. 📈 INVESTMENT ANGLE This property checks key value drivers: ✔ Infill, build-ready positioning ✔ Near lake and hiking trails — strong lifestyle demand ✔ Practical lot size with flexible build potential ✔ Solid proximity to amenities and infrastructure 👉 These are the exact characteristics that increase long-term appreciation potential. 🧾 HOA INFORMATION Low HOA fees for landowners — approximately $552/year for undeveloped lots (as of 2025). Includes access to all Village amenities. ⚡ AUCTION OPPORTUNITY Properties near Lake Lago and trail systems with this level of positioning are limited and highly competitive. This is your chance to secure a high-value parcel at auction-level pricing, potentially below current market comparables. 📍 Property Address 12 Derecho Way Hot Springs Village, AR 71909
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