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Liquidation Opportunity–Corner Lot Near Cedar Creek & Lake Balboa | Premium Land Lot Location in Hot Springs. No Reserve - photo 1

Liquidation Opportunity–Corner Lot Near Cedar Creek & Lake Balboa | Premium Land Lot Location in Hot Springs. No Reserve

GovDealsReal Estate📍Hot Springs Village, AR

Current Bid

$0

Time Left

⏰ 6d 10h

Ends Jul 23, 2026

Market demand: Real Estate in Arkansas sell about 8% of the time. Based on 188 completed sales over the last year.

Seller

🏛️ Pitman Realty LLC - Real Estate Remarketing, NY

Condition: As-is

Full Description

**Hot Springs Village, AR - 0.35 Acre Corner Lot Near Cedar Creek | HORTEZUELA TRACE | Near Lake Balboa & Golf Amenities** 📄 DESCRIPTION This is a rare opportunity to secure a 0.35-acre (15,231.731 sq ft) parcel located on a premium corner lot in the highly desirable OLIETE subdivision of Hot Springs Village. Properties with this combination — corner positioning + Cedar Creek proximity + near Lake Balboa + established resort-community location — are increasingly rare and highly sought after by both investors and end users. 📍 PROPERTY DETAILS Address: HORTEZUELA TRACE Subdivision: OLIETE Parcel/APN: 656-00053-000 Block/Lot: 005 / 12 Lot Size: 0.35 Acres (15,231.731 Sq Ft) S-T-R: 10-01S-18W 🌟 WHY THIS PROPERTY STANDS OUT ✔ Premium corner lot with enhanced accessibility and curb appeal ✔ Located near Cedar Creek and Lake Balboa recreational areas ✔ Oversized parcel with strong residential build potential ✔ Positioned within an established subdivision surrounded by quality homes ✔ Minutes from golf, trails, dining, and Village amenities ✔ Located in a high-demand, established residential area 👉 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 master-planned community known for its scenic landscapes, recreational lifestyle, and long-term property demand. Amenities Include: ⦁ Multiple championship golf courses ⦁ Lake Balboa boating, fishing, and recreation ⦁ Extensive walking and hiking trails ⦁ Tennis courts, fitness centers, and parks ⦁ Restaurants, shopping, and commercial conveniences ⦁ Gated security with HOA-managed amenities 👉 This is more than land — it’s a lifestyle-driven investment area with consistent demand. 📍 LOCATION ADVANTAGE ⦁ ~20 minutes to Downtown Hot Springs ⦁ Convenient access to DeSoto Blvd and major Village roads ⦁ Near Lake Balboa, Cedar Creek, golf courses, and parks ⦁ Close to restaurants, shopping, and recreational facilities 👉 Strong location fundamentals drive long-term value and resale demand. 💰 HIGH-END COMPS Recent comparable sales in the area have ranged from: ⦁ $10,000 – $30,000+ for similar residential parcels ⦁ Premium pricing for: ⦁ Corner lots with usable layouts ⦁ Parcels near lakes and golf amenities ⦁ Larger lots within established subdivisions 👉 Inferior lots typically sell lower — but this property belongs to the upper-tier category due to its location, lot shape, and surrounding amenities. 📈 INVESTMENT ANGLE This property checks key value drivers: ✔ Corner lot positioning with stronger desirability ✔ Near-water and recreation-driven demand factors ✔ Above-average lot size for the area ✔ Strong proximity to amenities and established 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 with this level of positioning and demand 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 HORTEZUELA TRACE 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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