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GovAuctions aggregates government surplus auctions from official platforms. We are not affiliated with GSA, HUD, or any government agency. Β· Terms Β· Privacy
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Prime Infill Lot in Hot Springs Village- .24 Acres Near Golf & Lakes | Deeply Discounted-No Reserve Auction

GovDealsReal EstateπŸ“Hot Springs Village, AR

Current Bid

$0

Time Left

13d 18h

Ends Sep 9, 2026

Market demand: Real Estate in Arkansas sell about 10% of the time, typically 1 bid. Based on 209 completed sales over the last year.

Seller

πŸ›οΈ Real Estate Liquidation Services LLC - Real Estate Remarketing, DE

Condition: As-is

Full 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 β€” in built-out sections of the Village β€” 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 πŸ“ Lot Size: 0.24 acres (10,447.882 sq ft) πŸ“ Subdivision: Banderola πŸ”’ Block/Lot: 007 / 24 🌳 Residential infill lot surrounded by established homes πŸ›£οΈ Paved road frontage with easy access πŸ“ Standard buildable lot shape β›³ Located near golf course and recreational areas πŸ“ Positioned in a desirable, developed section of the Village πŸ’° Why This Is a Strong Deal πŸ’Έ Seller liquidation pricing β€” opportunity to buy below market πŸ“‰ Infill lots in established neighborhoods are limited πŸ“ˆ Strong long-term appreciation potential 🏑 Surrounded by homes β€” not a remote parcel πŸ”„ Multiple exit strategies: build, hold, or resell 🏷️ Low holding cost (~$552/year HOA for undeveloped lots) πŸ“ˆ Comparable Sales (High-End Only) Comparable lots in similar developed sections of Hot Springs Village β€” particularly those near golf courses and surrounded by established homes β€” have recently sold in the: $12,900 – $14,250 range β€’ 0.23 acres – Sold for $13,500 (infill lot near homes) β€’ 0.25 acres – Sold for $14,250 (near golf corridor) β€’ 0.24 acres – Sold for $12,900 (developed residential section) πŸ‘‰ 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: β€’ Retirees β€’ Vacation home buyers β€’ Builders β€’ Long-term investors Located just 45 minutes from Little Rock, you get privacy, nature, and lifestyle β€” while still being close to a major metro area, airport, shopping, and employment centers. πŸ›Ά Unmatched Amenities in Hot Springs Village β›³ 9 championship golf courses 🌊 11 lakes (boating, fishing, jet skiing, kayaking) 🚀 Marinas and lake access πŸšΆβ€♂️ 30+ miles of walking & nature trails 🏊 Indoor & outdoor pools 🎾 Tennis & pickleball courts πŸ’ͺ Fitness centers 🍽️ Restaurants, clubhouses & social spaces πŸŒ„ Hot Springs National Park nearby πŸ‡ Oaklawn Racing Casino Resort 🏞️ Lake Ouachita (one of the cleanest lakes in the U.S.) 🚨 24/7 gated security 🌳 Scenic mountain and wooded surroundings πŸ“ Location Advantage β€’ 45 minutes to Little Rock β€’ Near golf courses and lakes β€’ Located in a developed residential section β€’ Strong buyer demand area within Hot Springs Village ⚑ Investment Summary This is exactly what buyers look for: β€’ Infill lot β€’ Surrounded by homes β€’ Near golf and amenities β€’ Inside a gated community β€’ Strong resale and build potential Opportunities like this β€” especially at liquidation pricing β€” are limited. πŸ“ 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

πŸ“
Hot Springs Village, AR 71909-6603

Real Estate Liquidation Services LLC - Real Estate Remarketing, DE

πŸ“…Pickup within 10 business days
πŸ“Contact seller through GovDeals for pickup details. Most sellers require pickup within 10 business days of payment.

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Market data: see how government surplus prices are moving in the Surplus Price Index and how often each category sells in the Surplus Market Report.