280 Lakeland Dr Hot Springs, AR 71913
Estimated payment $7,728/month
Highlights
- Lake View
- Wooded Lot
- Level Lot
About This Lot
This 20.32-acre property, made up of two combined tracts, is perfectly suited for residential development. Currently zoned R4 Medium/High Residential, it offers endless possibilities—build apartments, duplexes, townhomes, or single-family residences in a high-demand area. Plus, conditional uses allow for charitable institutions, lodges, daycare centers, home occupations, nursing homes, bed & breakfasts, and similar uses (see page 45 of the Hot Springs Zoning Code at cityhs.net for details). Hot Springs Marina is right across the street, making this an ideal spot for potential boat storage or lake-related businesses. Plus, Central Ave. is just minutes away, offering easy access to shopping, dining, and conveniences.
Property Details
Property Type
- Land
Est. Annual Taxes
- $461
Lot Details
- 20.32 Acre Lot
- Level Lot
- Cleared Lot
- Wooded Lot
- Property is zoned R-4 Med/High Density Res
Additional Features
- Lake Views
- Municipal Utilities District for Water and Sewer
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 |
|---|---|---|---|---|
| 2024 | $327 | $7,230 | $7,230 | $0 |
| 2023 | $327 | $7,230 | $7,230 | $0 |
| 2022 | $464 | $10,670 | $7,230 | $3,440 |
| 2021 | $427 | $9,290 | $7,280 | $2,010 |
| 2020 | $427 | $9,290 | $7,280 | $2,010 |
| 2019 | $416 | $9,290 | $7,280 | $2,010 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Price Changed | $1,422,400 | -6.7% | -- |
| 04/01/2025 04/01/25 | For Sale | $1,524,000 | -- | -- |
Source: Hot Springs Board of REALTORS®
MLS Number: 150323
APN: 300-08980-000
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