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Lake Area Attention Investors: Infill Gem – 0.259 Acres Near Lake Coronado in Hot Springs Village

$4,888.00 USD
Closes: 

3d18h(Aug 26, 2025 03:44 PM UTC)

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WATCHERS: 4 |VISITORS: 21

Seller

Pitman Realty LLC - Real Estate Remarketing, NY

Seller's Terms & Conditions

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Description

Lot#

25752-220

Condition

Used/See Description

Rare Lake-Area Infill Lot – 0.259 Acres in Hot Springs Village Near Coronado Center & Lake Views!
11,273 sq ft • Established Neighborhood • Utilities at Road • Resort-Style Gated Community

This premium 0.259-acre residential lot is nestled in a peaceful, well-developed cul-de-sac just steps from the lake and the Coronado Center Library. Surrounded by upscale homes and located in the heart of Hot Springs Village — America’s largest gated community — this lot is ideal for a dream home, investment build, or long-term hold in a fast-appreciating area.

🌟 Deeply Discounted Opportunity
Comparable infill lots in this area are selling for $10,000–$15,000+. This one is priced well below market value — offering instant equity and exceptional long-term upside.

🌲 Property Highlights

📍 Premium infill lot in a developed lakeside neighborhood
🏡 Surrounded by attractive site-built homes – true infill with no surprises
💧 Water & electric at the road – easy utility access
🛣️ Paved frontage on Lerida Ln with cul-de-sac privacy
🧱 Site-built homes only — a stable, appreciating environment
⏳ No required timeline to build — hold or build when ready

📍 Lifestyle & Area Highlights

Lakes & Water Fun:
🚤 Lake Coronado – Steps away! Launch a boat, paddleboard, or fish
🌊 Lake Ouachita – Cleanest lake in Arkansas for scuba, fishing & boating
🍽️ Lake Hamilton – Great for waterfront dining and nightlife
🛶 Access to rivers & creeks for kayaking, tubing, and float trips

Hot Springs Attractions:
🛁 Hot Springs National Park – Natural thermal baths, hiking trails
🎰 Oaklawn Racing Casino Resort – Vegas-style gaming & live racing
🎢 Magic Springs Theme & Water Park – Rides, concerts, family fun
🎨 Historic Downtown Hot Springs – Art galleries, breweries, dining

Hot Springs Village Amenities (Included with HOA):
🏞️ 11 Private Lakes & multiple marinas
⛳ 9 Championship Golf Courses
🎾 Pickleball, tennis, bocce courts
🏊 Indoor & outdoor pools
🛝 Parks, playgrounds, dog park
🚴‍♂️ Hiking, biking & nature trails
🎳 Bowling, fitness centers, rec halls & more

💰 Low HOA Fees for Landowners – approx. $552/year (2025)
Includes full access to all amenities across the Village!

📈 Invest in Location, Lifestyle & Value

🏘️ Surrounded by developed homes = proven desirability
💥 Steps from the lake = rare premium location
💸 Listed below comps = immediate upside
🌟 Located in one of Arkansas’ top lifestyle communities
✈️ Only 20 minutes to downtown Hot Springs, 1 hour to Little Rock

📍 Property Address: Lerida Ln, Hot Springs Village, AR 71909
Lot Size: 0.259 acres (11,273.754 sq ft)
Zoning: Residential – site-built homes only
Utilities: Water & power at road.

Seller Information

Seller:

Pitman Realty LLC - Real Estate Remarketing, NY

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Account Type:

Commercial

Inspection

Buyers are welcome to visit the property prior to placing a bid if they are able to. We are not based in the local area though, so no one will be there to meet you. Buyers do so at their own risk. It is highly recommended that interested bidders arrange for an external inspection personally or through a designated and that they contact the county or city in which the property is located to confirm the status of the property. All potential real estate bidders are reminded that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Additionally, buyers acknowledge and agree that the seller and any representatives thereof shall not be held liable for any accidents, injuries, or damages that may occur during or as a result of the property visit. Buyers enter the property at their own risk and are responsible for their own safety. Furthermore, buyers understand that any information provided by the seller or its representatives is for informational purposes only and should not be solely relied upon. It is recommended that buyers independently verify all information provided, including but not limited to property boundaries, zoning regulations, and any potential legal encumbrances. Buyers acknowledge that the seller makes no representations or warranties regarding the title, ownership, or legal status of the property. It is the buyer's responsibility to conduct a title search and obtain appropriate legal advice to ensure clear and marketable title. By participating in the bidding process, buyers release the seller and its agents from any and all claims, liabilities, and damages arising from or related to the property, including but not limited to environmental issues, structural defects, or undisclosed property conditions. Buyers understand that any deposits or earnest money submitted with their bid are non-refundable, regardless of whether the bid is successful or the transaction closes. This helps ensure serious and committed bidders only participate in the auction process. Additionally, buyers acknowledge and agree that they are solely responsible for any utilities, property expenses, HOA fees, survey fees, boundary fees, property taxes, ground testing costs, or any other expenses associated with the property, whether current or outstanding. The seller shall not be liable for any such fees or expenses. Buyers also understand and accept that the property is being sold strictly in its current condition, "as-is," with no warranties or representations, express or implied, including but not limited to warranties of merchantability or fitness for a particular purpose. Furthermore, buyers are informed that Sellers are liquidators, and these properties are sold with a significant discount. Sellers have not visited these properties and therefore cannot provide detailed information beyond what is publicly available. Buyers are encouraged to do all due diligence on the properties but may not enter any premises without written permission from the seller. This property will be sold with a notarized quitclaim deed to the buyer. All sales are final. We do guarantee that we have the legal right to transfer ownership to seller and that there are no outstanding mortgages on properties for sale.

Payment

The Buyer Service Fee is to be paid electronically via the 'My Bids' page. The remaining sale amount is paid directly to client at either time of pickup or according to any special payment instructions.

The Buyer's Certificate will contain information to schedule payment & removal.

Once the Buyer Service Fee has been paid to Liquidity Services, payment of the asset in full is due no later than five (5) business days from the time and date of the Buyer's Certificate. Acceptable forms of payment are: Wire Transfer (ACH Not Accepted), Zelle, or Certified Bank Check.

Checks shall be made payable to: Pitman Realty LLC

Removal

***SELLER TO PREPARE DEED DIRECTLY***


Upon receipt of the payment and title information, the quit claim deed will be sent to the County to be recorded into your name by the seller and a copy of the deed will be emailed to you for your records.

There is a $399.95 document fee and processing fees.

Special Instructions

Buyers are welcome to visit the property prior to placing a bid if they are able to. We are not based in the local area though, so no one will be there to meet you. Buyers do so at their own risk. It is highly recommended that interested bidders arrange for an external inspection personally or through a designated and that they contact the county or city in which the property is located to confirm the status of the property. All potential real estate bidders are reminded that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Additionally, buyers acknowledge and agree that the seller and any representatives thereof shall not be held liable for any accidents, injuries, or damages that may occur during or as a result of the property visit. Buyers enter the property at their own risk and are responsible for their own safety. Furthermore, buyers understand that any information provided by the seller or its representatives is for informational purposes only and should not be solely relied upon. It is recommended that buyers independently verify all information provided, including but not limited to property boundaries, zoning regulations, and any potential legal encumbrances. Buyers acknowledge that the seller makes no representations or warranties regarding the title, ownership, or legal status of the property. It is the buyer's responsibility to conduct a title search and obtain appropriate legal advice to ensure clear and marketable title. By participating in the bidding process, buyers release the seller and its agents from any and all claims, liabilities, and damages arising from or related to the property, including but not limited to environmental issues, structural defects, or undisclosed property conditions. Buyers understand that any deposits or earnest money submitted with their bid are non-refundable, regardless of whether the bid is successful or the transaction closes. This helps ensure serious and committed bidders only participate in the auction process. Additionally, buyers acknowledge and agree that they are solely responsible for any utilities, property expenses, HOA fees, survey fees, boundary fees, ground testing costs, or any other expenses associated with the property, whether current or outstanding. The seller shall not be liable for any such fees or expenses. Buyers also understand and accept that the property is being sold strictly in its current condition, "as-is," with no warranties or representations, express or implied, including but not limited to warranties of merchantability or fitness for a particular purpose. Furthermore, buyers are informed that Sellers are liquidators, and these properties are sold with a significant discount. Sellers have not visited these properties and therefore cannot provide detailed information beyond what is publicly available. Buyers are encouraged to do all due diligence on the properties but may not enter any premises without written permission from the seller. This property will be sold with a notarized quitclaim deed to the buyer. All sales are final.

Additional Information

First time bidding? Please review our Terms and Conditions.

For further assistance please review our Frequently Asked Questions.

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