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Lake Balboa Luxury Infill Lot – 0.29 Acres in Cul-De-Sac Surrounded by Upscale Homes

$4,995.00 USD
Closes: 

4d15h(Aug 25, 2025 06:41 PM UTC)

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WATCHERS: 3 |VISITORS: 31

Seller

Pitman Realty LLC - Real Estate Remarketing, NY

Seller's Terms & Conditions

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Description

Lot#

25752-223

Condition

Used/See Description

🌟 Prime Oversized Cul-De-Sac Lot Just Steps from Lake Balboa – 0.29 Acres on Veranillo Ln
12,631 sq ft • Surrounded by Beautiful Homes • Walk to Lake Balboa • Gated Resort Community

This is a rare opportunity to own a premium cul-de-sac residential lot located just a short walk to Lake Balboa — Hot Springs Village’s largest and most popular lake. Situated in a highly developed neighborhood with beautiful homes already built, this oversized 0.29-acre infill lot offers privacy, prestige, and immediate access to resort-style amenities in America’s largest gated community.

💥 Deeply Discounted Value
Other lots in this area have sold for much more — this one is priced well below market to provide immediate equity for investors, builders, or future homeowners.

🌲 Property Highlights
📍 Just minutes from Lake Balboa – beaches, marina, fishing, and more

🏡 Infill lot surrounded by established, upscale homes

🛣️ Paved road frontage in a quiet cul-de-sac

💧 Utilities at the street – water and electric ready

🧱 Site-built homes only – no mobile homes allowed

⏳ No required building timeline – build now or hold as an appreciating asset

🏞️ Lifestyle & Area Highlights
🌊 Lakes & Outdoor Fun
Lake Balboa – enjoy boating, fishing, swimming, picnicking, and lakeside serenity

Lake Ouachita – Arkansas’ cleanest lake, great for scuba diving and kayaking

Lake Hamilton – waterfront restaurants, nightlife, jet skiing

Creeks & rivers for kayaking, canoeing, and floating adventures

🛁 Hot Springs Attractions
Hot Springs National Park – natural thermal springs and historic bathhouses

Oaklawn Racing Casino Resort – casino, horse racing, rooftop dining, and spa

Magic Springs Water & Theme Park – thrilling rides, concerts, and family fun

Downtown Hot Springs – vibrant shopping, dining, and nightlife

⛳ Hot Springs Village Amenities (Included with HOA)
🛶 11 Private Lakes – boat launches, fishing piers, beaches

⛳ 9 Championship Golf Courses – some of the best in the region

🎾 Pickleball, tennis, bocce, and recreation centers

🏊 Indoor & outdoor pools

🚴 Hiking and mountain biking trails

🐶 Dog parks, clubhouses, playgrounds, and more

💰 Low HOA dues – approx. $552/year for undeveloped lots (as of 2025), which includes access to all amenities!

📈 Invest in Location, Lifestyle, and Value
🏡 Cul-de-sac privacy + upscale surrounding homes = strong comps

🌊 Walk to Lake Balboa = premium appeal for builders and buyers

💸 Deeply discounted = instant equity in a fast-growing area

✨ Part of a secure, amenity-rich gated resort community

✈️ Just 20 minutes to Hot Springs and 1 hour to Little Rock

📍 Property Details:

Address: Veranillo Ln, Hot Springs Village, AR 71909

Lot Size: 0.29 acres (12,631.371 sq ft)

Zoning: Residential

Utilities: Water & power available 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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