Land for Sale in Hot Springs, Arkansas

Outstanding residential development opportunity just minutes from Oaklawn! This 10.96+/- acre tract is ideally located just two blocks from Oaklawn and one block from the Oaklawn stables, placing it in one of Hot Springs' most active growth areas with increasing demand for new housing. Zoned RN-5 (Residential Neighborhood 5), the property offers exceptional flexibility for a variety of residential projects, including single-family homes, duplexes, townhomes, single-family attached residences, and low- to medium-density multifamily housing. The district also permits select compatible nonresidential uses, creating additional possibilities for future development. With two road access points and power, water, and sewer available at the road, this tract provides key infrastructure advantages for developers and builders. The combination of flexible zoning, utility availability, and a highly desirable location makes this a rare opportunity for residential development. Conveniently located near Oaklawn, shopping, dining, healthcare, and major transportation routes, this property is well-positioned to meet the area's housing needs.