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Lake Cortez Gem — Oversized Infill Residential Land Lot Surrounded by Upscale Homes, Steps from the Water

$3,888.00 USD
Closes: 

14d10h(Oct 30, 2025 04:31 PM UTC)

$50.00 USD

Bid Increment

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$3,888.00 USD

Buy Now
Sales/Lot Type:

Online Auction

Removal & Shipping:

Buyer Must Arrange. See details.

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Your account will be locked if you are the winning bidder and fail to pay for this asset. Additionally, you will be charged a service fee of 40% of your winning bid.

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WATCHERS: 16 |VISITORS: 9

Buyer's Premium

10%

Seller

Pitman Realty LLC - Real Estate Remarketing, NY

Account Type

Commercial

Seller's Terms & Conditions

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Seller's Other Items

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Description

Lot#

25752-228

Condition

Used/See Description

Premium Infill Lot Across from Lake Cortez — 0.281 Acres in Hot Springs Village’s Lake District

This 0.281-acre residential lot sits in a highly developed lakeside neighborhood of Hot Springs Village — directly across from beautiful Lake Cortez. Positioned on Rubi Circle, this lot is surrounded by existing homes and offers a ready-to-build opportunity or a valuable hold for future appreciation in one of Arkansas’s top private communities.

Deeply Discounted Opportunity

Lots in this area have recently sold for $10,000–$12,000 or more. This parcel is being offered at a significantly lower price, giving investors or future homeowners immediate equity in a high-demand location.

Property Highlights

Directly across from Lake Cortez

Infill lot surrounded by developed homes — no guesswork, proven value

Utilities (water & electric) available at the road

Paved access in a quiet, well-kept area of the Village

Zoned for site-built homes only — quality neighborhood standards

No required building timeline — build now or hold as a long-term asset

Lifestyle & Area Highlights

Lakes & Water Activities

Lake Cortez: nearby beach, fishing, kayaking, and walking trails

Lake Ouachita: Arkansas’s cleanest lake — perfect for boating, scuba diving, and exploring

Lake Hamilton: popular for waterfront restaurants, nightlife, and jet skiing

Hot Springs Attractions

Hot Springs National Park: historic bathhouses, hiking, and natural hot springs

Oaklawn Racing Casino Resort: casino, horse racing, and rooftop dining

Magic Springs Theme & Water Park: thrill rides, water slides, concerts

Downtown Hot Springs: galleries, shops, breweries, and seasonal events

Hot Springs Village HOA Amenities

11 Private Lakes with beaches and launch areas

9 Championship Golf Courses

Indoor & Outdoor Pools

Pickleball, tennis, bocce ball, and basketball courts

Nature trails, mountain biking, and fitness centers

Dog park, playgrounds, community halls, and more

Low HOA dues for landowners — approximately $552/year (2025), with access to all Hot Springs Village amenities.

Invest in Location, Lifestyle & Value

Existing homes nearby = stable, desirable neighborhood

Across from Lake Cortez = rare and premium positioning

Deeply discounted price = strong investment upside

Located in America’s largest gated community

Parcel Number (APN): 200-57000-058-000
Legal Description: Block 4, Lot 6
Property Address: Rubi Cr, Hot Springs Village, AR 71909
Lot Size: 0.281 acres (12,245.553 sq ft)
Zoning: Residential – site-built homes only
Utilities: Water and electric available at the road

Seller Information

Seller:

Pitman Realty LLC - Real Estate Remarketing, NY

[ view seller's other assets ]

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.

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Preferred Shipper

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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