DOUBLE LOTS ON SURTIDOR LANE ADJACENT TO BALBOA GOLF COURSE

Hot Springs Village, Arkansas 71909- Saline County

2.23 ACRES | $2999 + $299 Doc Fee
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Lot Description:
This is a double residential lot available in Hot Springs Village Arkansas, one of the largest gated communities in the country. These lots sit on a cul-de-sac and take up about 50% of it. This is prime for residential or multi-family development with huge upside potential for any investors looking to develop. Hot Springs Village comps show it is roughly $25,000 per acre, these lots sit side by side and have paved road access and utilities available. It is centrally located between all of the lakes and is just a 5 minute drive to Balboa Golf Course. Other attractions include an indoor tennis facility, several lakes, boating and more. Plenty of room to potentially develop a large multi-family building or several single family homes. Typical home comps run from $400,000 to over one million dollars for large lake front homes. This is a special offer to gain both lots for $38,000. Price is negotiable with a reasonable offer. Property taxes have been paid through till October 2021 but property taxes are only $9.00/year per lot. Lots can be purchased individually for $22,000 a piece or together for $38,000.00 per the listing. Area description and property details are listed below.




PROPERTY DETAILS
State: Arkansas
Parcel Size: 2.23 Acres
County: Saline
Zoning: Residential
Sewage: Septic
Access: Surtidor Lane
HOA: Yes
Conveyance: Quitclaim Deed
City: Hot Springs Village
Utilities: Water, Electricity & Internet
Latitude: 34.3847
Longitude: -92.5709
Annual Property Taxes: $18.00
APN: 580-00081-000 & 580-00082-000

NEARBY ATTRACTIONS
Lake Coronado: 1.4 Miles
Lake Balboa: 7.0 Miles
Diamante Country CLub: 8.6 Miles
Lake Cortez: 4.5 Miles
Lake Desoto: 6.6 Miles
Cortez Golf Course: 6.1 Miles
Balboa Golf Course: 1.5 Miles

AREA DESCRIPTION
Hot Springs Village has more than 26,000 acres of wooded forest and hosts the largest gated community in the United States. All recreational activities are owned and managed collectively by the property owners. HSV has 11 recreational lakes, with the largest being Lake Balboa at 944 acres, HSV also features two beaches, two full service marinas with boat rentals, nine golf courses (some rated as the top courses in Arkansas), an indoor swimming complex for property owners, the only 5 Star tennis association in the state which includes 10 clay courts, more than 20 miles of hiking and biking trails, one of the largest bridge clubs in the U.S. and a top rated public safety department which includes its police and fire departments. According to neighborhoodscout.com HSV has a crime rate of 4 crimes per square mile, significantly lower than the state’s average of 21 crimes per square mile. HSV has four distinct seasons, with winter beginning in mid-late November and warm summers beginning in May & June.




Disclaimer:
Property is sold as-is, buyer is responsible for their own due diligence including title searches, zoning requirements, buildability etc. Seller information is deemed reliable and accurate but not guaranteed. Seller makes no warranties or guarantees on or about the property, its condition or its title. Buyer should perform their own due diligence to their satisfaction.
“This information is deemed reliable, but not guaranteed. Neither (City Group Capital, Landbiddr nor their Associates) are responsible for the accuracy of the information. The buyer is responsible for verifying all information with the county. The land is being sold “as-is” with no warranties either expressed or implied as to the location, condition, accessibility, terrain, build ability, or information contained in this listing. Sizes advertised are approximate. Buyers are required to perform all due diligence prior to buying. By buying you are acknowledging that you have completed all due diligence and that you understand legal commitment to purchase.”