Priced Well Below Market – Infill Lot in Cresta Subdivision | Surrounded by Homes in Hot Springs AR. No Reserve Auction

$3,962.00 USD
Closes: 

17d11h(Aug 13, 2026 05:49 PM UTC)

$50.00 USD

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$4,621.00 USD

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Seller

Pitman Realty LLC - Real Estate Remarketing, NY

Seller's Terms & Conditions

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Description

Hot Springs Village, AR - 0.26 Acre Infill Lot | CRESTA WAY | Surrounded by Homes in Established Neighborhood


πŸ“„ DESCRIPTION

This is a rare opportunity to secure a 0.26-acre (11,318+ sq ft) infill parcel located in the highly desirable Cresta subdivision of Hot Springs Village.

Properties with this combination β€” infill positioning + surrounded by established homes + consistent neighborhood development + strong infrastructure access β€” are increasingly limited and highly sought after by both investors and end users.

πŸ“ PROPERTY DETAILS
Address: CRESTA WAY
Subdivision: CRESTA
Block/Lot: 004 / 25
Parcel #: 488-00102-000
S-T-R: 15-01S-18W
Size: 0.26 acres (11,318.253 sq ft)

🌟 WHY THIS PROPERTY STANDS OUT

βœ” True infill lot surrounded by existing homes
βœ” Located in a fully developed, established subdivision
βœ” Consistent residential surroundings supporting long-term value
βœ” Build-ready positioning with nearby infrastructure
βœ” Situated in a quiet, high-demand section of Hot Springs Village

πŸ‘‰ This is exactly the type of property serious buyers look for β€” not raw or isolated land, but strategically positioned within a completed neighborhood.

🏑 ABOUT THE AREA / COMMUNITY

Hot Springs Village is a premier gated resort-style community spanning over 26,000 acres, offering long-term demand, natural beauty, and lifestyle-driven living.

Amenities Include:
⦁ 9 Championship Golf Courses
⦁ 11 Lakes including Lake Balboa and Lake DeSoto
⦁ Tennis & pickleball courts
⦁ Walking trails, parks, and scenic surroundings
⦁ Clubhouses, dining, and social events
⦁ 24/7 gated security and controlled access

πŸ‘‰ This is more than land β€” it’s a high-demand lifestyle investment community with proven stability and appreciation potential.

πŸ“ LOCATION ADVANTAGE

⦁ Minutes to multiple golf courses and recreation areas
⦁ Close to lakes, trails, and community amenities
⦁ ~45 minutes to Little Rock metro
⦁ Near Hot Springs National Park and Oaklawn attractions
⦁ Established roads, utilities, and infrastructure

πŸ‘‰ Strong location fundamentals support both resale demand and long-term value growth.

πŸ’° HIGH-END COMPS

Recent comparable land sales in Hot Springs Village have ranged from:

⦁ $15,000 – $35,000+ for similar infill parcels
⦁ Premium pricing for:
⦁ Infill lots surrounded by homes
⦁ Build-ready parcels in established subdivisions
⦁ Lots with consistent neighborhood development

πŸ‘‰ Lower-tier or undeveloped parcels sell below this range β€” this property sits in the upper-tier category due to its infill positioning and location stability.

πŸ“ˆ INVESTMENT ANGLE

This property checks key value drivers:

βœ” True infill lot (surrounded by established homes)
βœ” Fully developed residential setting
βœ” Strong infrastructure and utility access
βœ” Consistent neighborhood demand profile
βœ” Ideal for immediate or future build

πŸ‘‰ These are the exact characteristics that drive long-term appreciation and buyer demand.

🧾 HOA INFORMATION

Low HOA fees for landowners β€” approximately $552/year for undeveloped lots (as of 2025). Includes access to all Village amenities.

⚑ AUCTION OPPORTUNITY

Infill lots in established sections like Cresta are limited and highly competitive.

This is your opportunity to secure a strategically positioned parcel at auction-level pricing, potentially below current market comparables.

πŸ“ PROPERTY ADDRESS

CRESTA WAY
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 β€œAS 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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