David Farmer
LOT SIZE 20.320 acres
MLS#155421
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONMetes Bounds
NEIGHBORHOODHOT SPRINGS
SCHOOLHot Springs
Property Description
This 20.32-acre property, consisting of two combined tracts, presents an exceptional opportunity for residential development in a growing, high-demand area. Zoned R5 Medium/High Residential, the possibilities are extensive ? ideal for apartments, duplexes, townhomes, or single-family residences. Conditional uses also allow for charitable institutions, lodges, daycare centers, home occupations, nursing homes, bed & breakfasts, and similar uses (See Hot Springs Zoning Code at cityhs.net for details). Located directly across from Hot Springs Marina, this property offers incredible potential for boat storage or lake-related businesses, while still being just minutes from Central Avenue's shopping, dining, and everyday conveniences. With excellent location, flexible zoning, and strong development potential, this is a rare opportunity in the heart of Hot Springs.
Property Features
Property Type: Land - Residential
Lot Size: 20.32 Acres
Property Type: Land City
Taxes: $461
Feature Descriptions
Days on Site: 2
Lot: Sloped, Level, Wooded, Cleared, Not in Subdivision, Acreage, In City, Lake View
Lot Dimensions: 20.32 acres
Parking: None
Restrictions: MH Not Allowed
Road Surface: Paved
Utilities: Sewer - Municipal, Water - Municipal, Electric Entergy, Gas-Natural
Waterfront: Lake Hamilton, Lake View
Zoning: C-R Reg Comm District
Local Schools
School District: Hot Springs
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker RPM Group-Hot
Agency Phone: 501-525-7355
Shown By
Agent Name: David Farmer
Agent Phone: (501) 617-2179
Agency Title: Crye-Leike Real Estate Services
Source: Hot Springs MLS
Estimate Your Payment
Estimated Payment
$ 3,361.16 per month $2,937.75 Principal & Interest $38.42 Property Tax $385.00 Homeowner's InsuranceChange Payment Information
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280 Lakeland Drive | MLS# 155421
This land located at 280 Lakeland Drive, Hot Springs, AR 71913 is currently listed for sale with an asking price of $1,320,000. The property has approximately 20.32 Acres. Lakeland Drive is located within the Hot Springs school district. Search Hot Springs real estate on davidfarmer.crye-leike.com today.