Immediate Liquidation–Infill Lot Near Lake DeSoto & Cortez | Build-Ready in Prime Palencia Location. No Reserve Auction!

$5,821.00 USD
Closes: 

2d14h(Aug 04, 2026 10:40 PM UTC)

$50.00 USD

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$6,888.00 USD

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Seller

Pitman Realty LLC - Real Estate Remarketing, NY

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Description

Hot Springs Village, AR - 0.255 Acre Infill Lot | PALENCIA LN | Near Lake DeSoto & Lake Cortez, Close to Amenities


📄 DESCRIPTION
Positioned in one of Hot Springs Village’s most desirable pockets, this infill lot on Palencia Ln presents a limited-window opportunity to secure a build-ready homesite surrounded by established homes and everyday conveniences. With proximity to both Lake DeSoto and Lake Cortez, this parcel offers the rare combination of peaceful surroundings and easy access to recreation, making it ideal for both personal use and long-term investment. Opportunities like this—where location, usability, and value intersect—are becoming increasingly scarce.

📍 Property Details
Address: PALENCIA LN
Subdivision: PALENCIA
Block/Lot: BLK 1 LOT 2
Parcel #: 200-49400-002-000
S-T-R: 02-01S-19W
Size: 0.255 acres (11,109.134 sq ft)

🌟 Why This Lot Stands Out
✔ Prime infill lot surrounded by established homes
✔ Near Lake DeSoto & Lake Cortez for recreation and value
✔ Located close to key establishments and daily conveniences
✔ Build-ready terrain in a desirable subdivision
✔ Strong long-term upside in a high-demand community
👉 Infill lots in established neighborhoods like this are among the most sought-after property types—offering immediate usability, higher resale appeal, and reduced uncertainty compared to undeveloped outskirts.

About the Area / Community
Hot Springs Village is one of the largest gated communities in the United States, known for its scenic beauty, resort-style amenities, and active lifestyle. Residents enjoy a peaceful, nature-filled environment paired with modern conveniences and social opportunities. Whether you're looking for a quiet retreat, a retirement haven, or a strategic investment, this community delivers on all fronts. Surrounded by rolling hills, pristine lakes, and championship golf courses, the Village offers a lifestyle that blends relaxation with recreation.

Amenities Include:

9 Championship Golf Courses
11 Recreational Lakes
Full-Service Marinas
Walking & Nature Trails
Fitness Centers & Indoor Pools
Tennis & Pickleball Courts
Dining, Clubs & Community Events

📍 Location Advantage

Minutes from Lake DeSoto & Lake Cortez
Close to shopping, dining, and essential services
Short drive to Hot Springs National Park
Easy access to Little Rock for city convenience

💰 HIGH-END COMPS
Recent larger and well-positioned lots in Hot Springs Village have sold in the $12,000 – $25,000+ range, particularly those near lakes and within established subdivisions. Properties with similar proximity and infill positioning consistently command premium pricing, reinforcing the strong value proposition of this offering.

📈 Investment Angle

Infill lots are increasingly scarce in developed communities
Strong buyer demand for build-ready parcels near lakes
Long-term appreciation driven by gated community appeal
Ideal for resale, build-to-sell, or hold strategy
Positioned below typical retail pricing expectations

🧾 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 your chance to secure a premium-positioned infill lot at a fraction of its potential market value. Opportunities like this don’t linger—serious buyers and investors recognize the advantage of acquiring in established, high-demand locations. Act decisively and capitalize on this limited-time liquidation event.

📍 Property Address
PALENCIA LN
Hot Springs Village, AR 71909

Q & A

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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 designate 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.


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), or Certified Bank Check.

Checks shall be made payable to: Pitman Realty LLC - Government Remarketing, NY

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.

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Special Instructions

NOTICE: If you are the winning bidder and default by failing to adhere to this seller's terms and conditions, your account with Liquidity Services WILL BE LOCKED.

Guaranty Waiver: All property is offered for sale “AS IS, WHERE IS.” (Seller) makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.

Additional Information

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