Land with Home for Sale in Hot Springs, Arkansas

Opportunity knocks with this unique property located in the desirable Fountain Lake School District, just minutes from the main gate of Hot Springs Village and approximately 20 minutes from Oaklawn Racing Casino Resort. The existing home is in need of significant renovation and is best suited for investors, flippers, or buyers looking to take on a full project and make it their own. With the right vision and updates, this could be transformed into a primary residence, weekend getaway, or rental. What truly sets this property apart is the second build site already in place—fully equipped with its own water meter, septic system, and a drilled well (with an additional well located at the main home). This setup opens the door for a second residence, guest home, rental opportunity, or future development. Properties with two separate, utility-ready home sites like this are hard to come by, especially this close to Hot Springs Village. Whether you're looking to renovate, build, or invest, this property offers flexibility and real upside potential. Sold as-is. Bring your vision and make it yours.