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Seller Liquidating –Cul-de-Sac Lot Near Lake DeSoto & Cortez | Oversized Homesite in Prime Location. No Reserve Auction!

GovDealsReal Estate📍Hot Springs Village, AR

Current bid:

$4,321

Time Left

22d 21h

Ends Nov 5, 2026

Pre-bid checklist11/9

The property

  • Back taxes, HOA and utilities: "HOA fees for landowners — approximately…"

From the seller's description. Not a guarantee of condition.

Market demand: Real Estate in Arkansas sell about 11% of the time, typically 1 bid. Based on 238 completed sales over the last year.

Seller

Real Estate Liquidation Services LLC - Real Estate Remarketing, DE

Private seller (not a government agency), listed on a platform we index for its fleet and equipment.

Condition: As-is

Full Description

Hot Springs Village, AR - 0.288 Acre Cul-de-Sac Lot | PALENCIA LN | Near Lake DeSoto & Lake Cortez, Close to Amenities 📄 DESCRIPTION Opportunities like this are becoming increasingly scarce—an oversized cul-de-sac lot tucked within an established section of Hot Springs Village. Located on Palencia Ln, this parcel offers privacy, reduced traffic, and a premium setting ideal for building. Its proximity to both Lake DeSoto and Lake Cortez enhances both lifestyle appeal and long-term value, while nearby establishments ensure everyday convenience. Cul-de-sac lots in developed neighborhoods are consistently in demand—and rarely available at liquidation pricing. 📍 Property Details Address: PALENCIA LN Subdivision: PALENCIA Block/Lot: BLOCK 2 LOT 2 Parcel #: 200-49400-022-000 S-T-R: 02-01S-19W Size: 0.288 acres (12,541.435 sq ft) 🌟 Why This Lot Stands Out ✔ Premium cul-de-sac location with added privacy ✔ Larger-than-average lot size for flexible build options ✔ Near Lake DeSoto & Lake Cortez recreation ✔ Close to shopping, dining, and essential services ✔ Located in an established, desirable subdivision 👉 Cul-de-sac lots are among the most desirable property types—offering quieter surroundings, enhanced privacy, and stronger resale appeal compared to standard interior lots. About the Area / Community Hot Springs Village is a premier gated community known for its natural beauty, recreational amenities, and vibrant lifestyle. With miles of scenic landscapes, pristine lakes, and championship golf courses, it offers a unique blend of relaxation and activity. Residents enjoy a strong sense of community along with access to modern conveniences, making it an ideal location for both full-time living and investment ownership. The Village continues to attract buyers seeking lifestyle-driven real estate with long-term value. Amenities Include: 9 Championship Golf Courses 11 Recreational Lakes Boating, Fishing & Marinas Walking & Nature Trails Fitness Centers & Pools Tennis & Pickleball Courts Dining, Clubs & Social Events 📍 Location Advantage Minutes to Lake DeSoto & Lake Cortez Close to shopping, restaurants, and services Short drive to Hot Springs National Park Convenient access to Little Rock 💰 HIGH-END COMPS Recent larger and well-positioned lots in Hot Springs Village—especially cul-de-sac and near-lake properties—have sold in the $15,000 – $28,000+ range. Premium positioning and larger lot sizes continue to command higher prices, reinforcing the value potential of this offering. 📈 Investment Angle Cul-de-sac lots have stronger demand and resale value Larger lot size allows for flexible building options Limited availability in established subdivisions Increasing buyer interest in lake-proximate properties Ideal for build-to-sell, hold, or long-term appreciation 🧾 HOA Information Low HOA fees for landowners — approximately $552/year for undeveloped lots (as of 2025). Includes access to all Village amenities. ⚡ Auction Opportunity This is a true liquidation scenario—giving buyers a chance to acquire a premium cul-de-sac lot at a compelling price point. Inventory like this is limited, and competition for well-located parcels continues to rise. Act quickly to secure this high-potential asset before it’s gone. 📍 Property Address PALENCIA LN Hot Springs Village, AR 71909

Pickup information

Hot Springs Village, AR 71909

Real Estate Liquidation Services LLC - Real Estate Remarketing, DE

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