Spacious & Buildable 1.4 acre Lot in Serene Hot Springs Village

Description

Attention all bidders, please read the description thoroughly before placing a bid! Lot 1 Lago Way, Hot Springs Village Payment Terms: Your bid amount will be applied as the down payment. The total purchase price of the property is $6000. The remaining balance ($6000 minus the winning bid) will be financed over 10 months with 0% interest. Total Due at Checkout: 10% Buyer’s Premium (based on the winning bid) Winning Bid Amount (applied toward the down payment) $995 Document Preparation / Closing Fee Wooded Buildable Lot in a Premier Resort-Style Golf Community Located within the highly sought-after Hot Springs Village community, this beautiful wooded parcel offers the perfect opportunity to build your future home, vacation retreat, or investment property in one of Arkansas’ most desirable recreational communities. Hot Springs Village spans over 26,000 acres and is known for its peaceful surroundings, scenic beauty, and exceptional amenities including championship golf courses, lakes, walking trails, tennis courts, fitness centers, restaurants, and year-round social activities. Conveniently situated near historic downtown Hot Springs, bathhouses, hiking, boating, and Oaklawn Racing Casino Resort. Why Hot Springs Village? Hot Springs Village, the largest gated community in the U.S. (40.7 sq miles), offers a resort-style lifestyle in the Ouachita Mountains. Enjoy year-round golf, tennis, 11 lakes for fishing and boating, 20+ miles of trails, 200+ clubs, and a welcoming community with homes from affordable townhomes to waterfront retreats. Annual Assessment Hot Springs Village Improvement District fee is approximately $595 per year. Community Amenities Enjoy access to private lakes, beaches, golf courses, pools, RV parks, pickleball & tennis courts, trails, fitness & senior centers, and more. This annual fee covers community maintenance, including grounds, clubhouse, and all other amenities within Hot Springs Village Buyers should verify current assessment amounts, and amenity access directly with the appropriate association or district, as fees and benefits may change. Property Viewing & Inspections Property viewings and inspections are permitted at any reasonable time. Visitors must provide prior notice by contacting Omari at 833-570-5712 before visiting the property. Utilities for property: Electric: Electric Available Nearby Gas: Propane/Butane Sewer: Public Sewer / Community Sewer Available Water: Public / POA Water Available Cable & Internet: Available in Area Flood Zone: No known flood risk Annual Property Taxes: Approx. TBD Back Taxes: None owed Property Details: Parcel Number: 200-02200-066-000 Lot & Block: 1/5 Size: Approx. 1.4 Acres Terrain: Wooded / Buildable Road Access: Paved Ownership includes access to world-class amenities including: Multiple championship golf courses Numerous lakes and outdoor recreation areas Walking & biking trails Restaurants and recreation centers Boating, fishing, and outdoor activities Note: Buyer is solely responsible for performing any title search, obtaining title insurance, and verifying title condition prior to purchase. Seller makes no representations regarding title status. Note: By placing a bid, the bidder agrees to all terms and conditions of this auction and commits to completing the purchase under the stated conditions.