Exceptional Development Opportunity on Lake Hamilton Seize a rare investment opportunity to unlock the full potential of prime vacant land within the Blue Heron Condominium Complex. Ideally positioned for forward-thinking investors and developers, this property features level lake frontage on the breathtaking Lake Hamilton, complete with a swim dockperfect for enjoying the area’s sought-after waterfront lifestyle. Zoned for growth, the land offers the ability to subdivide into up to 10 lots and presents the potential to develop an additional 40 condominium units, creating endless possibilities for expansion. Residents and guests can enjoy established amenities, including a sparkling inground pool and expansive green spaces designed for relaxation and recreation. This property is exceptionally well-suited for capitalizing on the thriving short-term rental market, allowing investors to develop and own individual VRBO-style units. Adding to its value, the seller holds a majority interest in the Property Owners Association, offering meaningful influence over future community decisions. Don’t miss this extraordinary opportunity to shape the future of a desirable lakefront communitybring your vision to life on Lake Hamilton.
| MLS # | 153909 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 0 |
| Days On Site | 214 |
| Listing Provided By | Trademark Real Estate, Inc. | Debi Jones |
| Acreage | 10.97 |
|---|---|
| Water Front | Yes |
| Parking | None |
|---|
| Utilities | Sewer - Municipal, Water - Municipal, Electric – Entergy |
|---|
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71913 |
| Area | Garland |
| Community Name | Blue Heron Hpr |
| School District | Lakeside |
| Listing VS Median (in Blue Heron Hpr) | |
Price: $1,000,000 low | high Med: $489,000 On site: 214 low | high Med: 385 | |
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71913 |
| Area | Garland |
| Community Name | Blue Heron Hpr |
| School District | Lakeside |
| Listing VS Median (in Blue Heron Hpr) | |
Price: $1,000,000 low | high Med: $489,000 On site: 214 low | high Med: 385 | |