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Land for Sale in Hot Springs, Arkansas

Park Ave, Hot Springs, AR 71901

$1,110,000
66 acres
Active
$90k drop
Est $8,094/mo

This is a rare opportunity to own property in one of the most historic areas in Arkansas. Property along Park Avenue very seldom comes for sale. Hot Springs, Arkansas is known for its rich history, various outdoor venture opportunities, and hospitality as a destination town. The property is located less than 3 miles from downtown where you will find several historic hotels, restaurants, shopping, etc. This tract is located inside the Hot Springs City Limits and is zoned R-R (Rural Residential). The property is surrounded by the Arkansas Dept. of Agriculture making this a very secluded and private piece of real estate. This would make a great primary homestead providing privacy and opportunity to have a secluded oasis, and only be a couple minute drive into town.

One unique feature of this tract is the abundance of Novaculite that is on site. Novaculite is known for its use as a whetstone, or a stone used to sharpen cutting tools such as knives. The topography on this property is gently rolling, to rolling. There are multiple homesites throughout the property which makes it great for not only a primary homestead, but also gives the opportunity for multiple Cabin sites if investors see the opportunity to create a business venture for "Getaway Cabins" close to downtown.

Showings are by appointment only. Please contact Principal Broker, John Morris, ALC (205) 901-9397.

Location

Street address
Park Ave
Elevation
669 feet
Coordinates
34.5443, -93.0218

Property details

Acreage
66 acres
Posted

Parcels

  • 50883

Listing history

DateEventPriceChangeSource
Oct 29, 2025Price drop$1,110,000$90,000 -7.5%Listing agent
Mar 29, 2025New listing$1,200,000Listing agent
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This 66-acre property is located at Park Ave in Hot Springs, AR 71901. The property is available for sale for $1,110,000 with a price per acre of $16,818.

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