188 Lemay Place Hot Springs, AR 71913
Estimated payment $9,606/month
Highlights
- Stables
- 40 Acre Lot
- Farm
- In Ground Pool
- Barn or Farm Building
About This Lot
Are you looking for a horse training center? This one is a one-of-a-kind in Arkansas. It has a full sized sanctioned race track. The barn included 72 horse stalls, 3 hot and cold showers, rehab lap pool, and a warm up track under one roof. There is a Hay and Equipment barn separate from horse barn. It comes with some equipment to maintain the track and the property. There is a water well onsite, 2 small apartments in the main barn as well as an office. Don’t miss out on your chance to own this! Call and set up your showing today!
Listing Agent
Southern Homes Realty - Hot Sp License #SA00091746 Listed on: 10/27/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,810
Year Built
- Built in 1982
Lot Details
- 40 Acre Lot
Parking
- Parking Pad
Home Design
- Metal Siding
Interior Spaces
- 54,980 Sq Ft Home
- 1.5-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Farming
- Barn or Farm Building
- Farm
Horse Facilities and Amenities
- Horses Allowed On Property
- Stables
Community Details
Overview
- 32 2S 20 Subdivision
Recreation
- In Ground Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,810 | $199,770 | $37,890 | $161,880 |
| 2024 | $8,690 | $199,770 | $37,890 | $161,880 |
| 2023 | $8,690 | $199,770 | $37,890 | $161,880 |
| 2022 | $8,664 | $199,770 | $37,890 | $161,880 |
| 2021 | $7,936 | $167,490 | $26,100 | $141,390 |
| 2020 | $7,936 | $167,490 | $26,100 | $141,390 |
| 2019 | $7,286 | $167,490 | $26,100 | $141,390 |
| 2018 | $7,286 | $167,490 | $26,100 | $141,390 |
| 2017 | $6,715 | $167,490 | $26,100 | $141,390 |
| 2016 | $3,218 | $77,540 | $850 | $76,690 |
| 2015 | $3,218 | $77,540 | $850 | $76,690 |
| 2014 | $3,217 | $77,540 | $850 | $76,690 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | For Sale | $1,695,000 | -- | $31 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | -- | |
| Executors Deed | $325,000 | -- | |
| Warranty Deed | $300,000 | -- | |
| Warranty Deed | $185,000 | -- |
Source: Hot Springs Board of REALTORS®
MLS Number: 153053
APN: 100-11786-000
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