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Attention Investors: Prime Infill Lot Near Lake Balboa – 0.283 Acres in Highly Developed Area of Hot Springs Village

$2,995.00 USD
Closes: 

1d11h(Aug 26, 2025 06:31 PM UTC)

$25.00 USD

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Seller

Pitman Realty LLC - Real Estate Remarketing, NY

Seller's Terms & Conditions

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Description

Lot#

25752-222

Condition

Used/See Description

🌟 Premium Infill Lot Near Lake Balboa in Hot Springs Village
0.283 Acres (12,324 sq ft) β€’ Highly Developed Area β€’ Utilities Nearby β€’ Gated Resort Community

Located in one of the most developed and desirable areas of Hot Springs Village, this spacious 0.283-acre residential lot on Grandilla Way offers immediate value, access to world-class amenities, and a serene setting just minutes from Lake Balboa β€” the largest and most popular lake in the Village.

🏑 Not Raw Land β€” This Is a Premium Infill Lot
Surrounded by beautiful built homes and strong community pride, this property provides paved road access, utilities nearby, and a ready-to-build opportunity with no timeline restrictions. It’s ideal for a future home, vacation property, or long-term investment in one of Arkansas’ fastest-growing lifestyle communities.

🌲 Why This Property Stands Out
🏘️ Infill Lot – Surrounded by developed homes in a high-demand location

🌊 Near Lake Balboa – Enjoy boating, fishing, beaches, and scenic trails just minutes away

πŸ’§ Utilities Nearby – Water and electric available at the street

πŸ›£οΈ Paved Road Access – Smooth entry in a secure, well-kept neighborhood

🧱 Zoned for Site-Built Homes Only – No mobile homes, ensuring long-term property value

⏳ No Time Limit to Build – Build now or hold as a valuable land asset

πŸ“‰ Deeply Discounted Pricing – Buy well below market value for instant equity

πŸ“ Lifestyle & Area Highlights
🌊 Lakes & Outdoor Recreation
Lake Balboa – Largest lake in the Village, with beaches, boat ramps, and fishing docks

Lake Cortez, Lake Hamilton, Lake Ouachita – Water sports, jet skiing, paddling, waterfront dining

Nearby Rivers & Creeks – Great for kayaking, tubing, and fly fishing

πŸ› Hot Springs National Park
Bathe in historic thermal springs on Bathhouse Row

Hike the Grand Promenade and scenic mountain trails

🎰 Oaklawn Racing Casino Resort
Live horse racing and full Vegas-style casino

Fine dining, rooftop bars, live music, and luxury hotel

🎒 Magic Springs Theme & Water Park
Coasters, wave pools, lazy rivers, and seasonal concerts

🎨 Historic Downtown Hot Springs
Art galleries, craft breweries, boutique shops, and dining

Vibrant nightlife, events, and walkable charm

🏘️ Hot Springs Village Amenities (Included with HOA)
πŸŒ… 11 Private Lakes with boat ramps, fishing docks, and picnic pavilions

β›³ 9 Golf Courses including championship-level courses

🎾 Pickleball, tennis, and bocce courts

🏊 Indoor and outdoor pools

πŸ› Parks, trails, playgrounds, and dog parks

🎳 Fitness centers, rec halls, and bowling alley

πŸš΄β€β™‚οΈ Miles of mountain biking & hiking trails

πŸ›‘οΈ Gated community with full-time security

πŸ’° Low HOA Fees – Approximately $552/year for landowners (as of 2025).
Includes access to all amenities listed above.

πŸ“ˆ Invest with Confidence
πŸ’₯ Below market pricing = immediate equity

πŸ“ Infill lot near Lake Balboa = prime position

🏘️ Located in a rapidly developing area with strong comps

✈️ Just 1 hour to Little Rock International Airport, 20 minutes to Hot Springs

πŸ“ Property Address: Grandilla Way, Hot Springs Village, AR 71909
Lot Size: 0.283 acres (12,324 sq ft)
Zoning: Residential – site-built homes only
Utilities: Water & electric nearby
Lake Access: Minutes to Lake Balboa and other recreational lakes

Seller Information

Seller:

Pitman Realty LLC - Real Estate Remarketing, NY

[ view seller's other assets ]

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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