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Residential Development Land Opportunity
For Sale
$1,320,000

280 Lakeland Drive, Hot Springs, AR 71913

LAND - Hot Springs, AR

Property SizeContact for details
Lot Size20.32 Acres
Days on Market89

Property Features for 280 Lakeland Drive

General Information

Property type Land
Property subtype Other
Subdivision Metes & Bounds
Lot features Sloped, Level, Wooded, Cleared, Not in Subdivision, Lake View
Directions Central Ave. to Riser Ford, turn left on Lakeland Dr. follow Lakeland until you see the sign on your right across from Hot Springs Marina.
Standard status Active
Lot size 20.32 Acres

Taxes and HOA fees

Tax Description 11.02 Acres 280 Lakeland Dr.
Tax Annual Amount 461
Legal Description 11.02 Acres 280 Lakeland Dr.
Listing Agency: CBRPM Hot Springs · Coldwell Banker Real Estate
Listed By: Brittni Terlecki · License #SA00095243
Added: May 11 Changed: May 21 Last Checked: Aug 7 at 12:06PM
MLS# 26018809

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 20.32-acre property, comprising two combined tracts, offers an opportunity for residential development. The land is zoned R5 Medium/High Residential, making it suitable 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, subject to the Hot Springs Zoning Code. Located across from Hot Springs Marina, the property is suitable for boat storage or lake-related businesses. It is also located minutes from Central Avenue's shopping and dining options and everyday conveniences. The property is located in Hot Springs, AR.

Key Highlights

  • 20.32‑acre property ideal for residential development in a high‑demand area.
  • Zoned R5 Medium/High Residential, allowing for diverse housing options.
  • Located directly across from Hot Springs Marina, offering potential for boat storage or lake‑related businesses.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Parking Lot & Garage Plumbing Service Garden Center Locksmith Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby

Demographics for 71913, AR

46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 20.32 acres in Hot Springs, zoned for residential development.
Where is this residential land & home lot located?
The property is located at 280 Lakeland Drive Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: 20.32‑acre property ideal for residential development in a high‑demand area.; Zoned R5 Medium/High Residential, allowing for diverse housing options.; Located directly across from Hot Springs Marina, offering potential for boat storage or lake‑related businesses.
More about this property
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