Immediate Liquidation – Infill Lot Near Lake DeSoto & Cortez | Build-Ready in Established Palencia Community

$6,251.00 USD
Closes: 

13d17h(Jul 20, 2026 04:54 PM UTC)

$100.00 USD

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$6,950.00 USD

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Sales/Lot Type:

Online Auction

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WATCHERS: 1 |VISITORS: 39

Buyer's Premium

10%

Seller

Pitman Realty LLC - Real Estate Remarketing, NY

Account Type

Commercial

Seller's Terms & Conditions

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Description

Hot Springs Village, AR - 0.227 Acre Infill Lot | PALENCIA LN | Near Lake DeSoto & Lake Cortez, Close to Amenities

📄 DESCRIPTION
Position yourself inside a well-established pocket of Hot Springs Village with this strategically located infill lot on Palencia Ln. Surrounded by existing homes and close to daily conveniences, this parcel is primed for immediate development—no delays, no uncertainty. Its proximity to both Lake DeSoto and Lake Cortez adds recreational appeal and long-term value, making it an increasingly rare find in a market where build-ready lots in developed areas are quickly disappearing.

📍 Property Details
Address: PALENCIA LN
Subdivision: PALENCIA
Block/Lot: BLOCK 1 LOT 19
Parcel #: 200-49400-019-000
S-T-R: 02-01S-19W
Size: 0.227 acres (9,872.747 sq ft)

🌟 Why This Lot Stands Out
✔ Desirable infill lot within an established neighborhood
✔ Close proximity to Lake DeSoto & Lake Cortez
✔ Near shopping, dining, and essential services
✔ Build-ready with strong neighborhood appeal
✔ Ideal for immediate construction or long-term hold

👉 Infill properties like this are highly favored for their convenience, resale strength, and reduced development risk—making them a smart acquisition in any market cycle.

About the Area / Community
Hot Springs Village is a nationally recognized gated community offering a blend of natural beauty and resort-style amenities. Known for its expansive landscapes, peaceful environment, and active lifestyle, it attracts homeowners and investors alike. With access to lakes, golf courses, and social amenities, residents enjoy a lifestyle that balances relaxation with recreation. Whether you're building a dream home or adding to your investment portfolio, this community offers enduring appeal.

Amenities Include:

9 Championship Golf Courses
11 Recreational Lakes
Boating & Fishing Access
Walking & Nature Trails
Fitness Centers & Pools
Tennis & Pickleball Courts
Dining, Clubs & Community Events

📍 Location Advantage

Minutes from Lake DeSoto & Lake Cortez
Close to everyday establishments and services
Short drive to Hot Springs National Park
Easy access to Little Rock

💰 HIGH-END COMPS
Recent larger and well-positioned lots in Hot Springs Village have sold in the $12,000 – $25,000+ range, particularly those located near lakes and within established subdivisions. Infill lots with similar positioning continue to trend toward higher price brackets, supporting strong value potential.

📈 Investment Angle

Decreasing supply of infill lots in developed communities
Strong demand for build-ready homesites
Attractive for builders and long-term investors
Flexible exit strategies (build, resell, or hold)
Positioned below typical retail pricing

🧾 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 a limited-time liquidation scenario—giving buyers the ability to acquire a well-located infill lot at a compelling entry point. Parcels like this, especially near lakes and amenities, are quickly absorbed by the market. Don’t miss the chance to secure this asset before competition intensifies.

📍 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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