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GovAuctions aggregates government surplus auctions from official platforms. We are not affiliated with GSA, HUD, or any government agency. · Terms · Privacy
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Prime Infill Lot in Hot Springs Village – 0.24 Acres Near Golf & Lakes | 45 Minu - photo 1

Prime Infill Lot in Hot Springs Village – 0.24 Acres Near Golf & Lakes | 45 Minu

GovDealsReal Estate📍Hot Springs Village, AR

Current Bid

$3,888

Time Left

⏰ 9d 4h

Ends Jun 26, 2026

Seller

🏛️ Pitman Realty LLC - Real Estate Remarketing, NY

Condition: As-is

Description

Prime Infill Lot in Hot Springs Village – 0.24 Acres Near Golf & Lakes | 45 Minutes to Little Rock | Online Auction This is a rare opportunity to acquire a deeply discounted infill lot inside Hot Springs Village, one of the most desirable gated communities in the country. Located on Letrista Dr in the Banderola subdivision, this property sits in a developed neighborhood surrounded by established homes, with paved access and close proximity to golf courses, lakes, and recreation. Infill lots like this — in built-out sections of the Village — are increasingly limited and consistently in demand. Whether you’re looking to build, hold for appreciation, or resell, this is exactly the type of asset serious investors target. 🏡 Property Highlights 🏠 Address: 50 Letrista Dr, Hot Springs Village, AR 71909 📏 Lot Size: 0.24 acres (10,447.882 sq ft) 📍 Subdivision: Banderola 🔢 Block/Lot: 007 / 24 🌳 Residential infill lot surrounded by established homes 🛣️ Paved road frontage with easy access 📐 Standard buildable lot shape ⛳ Located near golf course and recreational areas 📍 Positioned in a desirable, developed section of the Village 💰 Why This Is a Strong Deal 💸 Seller liquidation pricing — opportunity to buy below market 📉 Infill lots in established neighborhoods are limited 📈 Strong long-term appreciation potential 🏡 Surrounded by homes — not a remote parcel 🔄 Multiple exit strategies: build, hold, or resell 🏷️ Low holding cost (~$552/year HOA for undeveloped lots) 📈 Comparable Sales (High-End Only) Comparable lots in similar developed sections of Hot Springs Village — particularly those near golf courses and surrounded by established homes — have recently sold in the: $12,900 – $14,250 range • 0.23 acres – Sold for $13,500 (infill lot near homes) • 0.25 acres – Sold for $14,250 (near golf corridor) • 0.24 acres – Sold for $12,900 (developed residential section) 👉 Premium infill lots in these locations have reached $14,000+ This creates a strong opportunity to acquire this property at a significant discount through auction. 🌟 Why Hot Springs Village Is One of the Best Land Investments in the U.S. Hot Springs Village is the largest gated community in the United States, known for its resort-style living, natural beauty, and strong long-term demand. It continues to attract: • Retirees • Vacation home buyers • Builders • Long-term investors Located just 45 minutes from Little Rock, you get privacy, nature, and lifestyle — while still being close to a major metro area, airport, shopping, and employment centers. 🛶 Unmatched Amenities in Hot Springs Village ⛳ 9 championship golf courses 🌊 11 lakes (boating, fishing, jet skiing, kayaking) 🚤 Marinas and lake access 🚶‍♂️ 30+ miles of walking & nature trails 🏊 Indoor & outdoor pools 🎾 Tennis & pickleball courts 💪 Fitness centers 🍽️ Restaurants, clubhouses & social spaces 🌄 Hot Springs National Park nearby 🏇 Oaklawn Racing Casino Resort 🏞️ Lake Ouachita (one of the cleanest lakes in the U.S.) 🚨 24/7 gated security 🌳 Scenic mountain and wooded surroundings 📍 Location Advantage • 45 minutes to Little Rock • Near golf courses and lakes • Located in a developed residential section • Strong buyer demand area within Hot Springs Village ⚡ Investment Summary This is exactly what buyers look for: • Infill lot • Surrounded by homes • Near golf and amenities • Inside a gated community • Strong resale and build potential Opportunities like this — especially at liquidation pricing — are limited. 📍 Property Address 50 Letrista Dr Hot Springs Village, AR 71909 Subdivision: Banderola Block 007 / Lot 24 0.24 acres (10,447.882 sq ft)

Pickup Information

📍
Hot Springs Village, AR 71909-6603

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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