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$1,320,000

280 Lakeland Drive, Hot Springs AR, 71913

Property typeResidential

Overview

Active

Listed May 11, 2026

Updated May 19

This 20.32-acre property, consisting of two combined tracts, presents an exceptional opportunity for residential development in a growing, high-demand area. Zoned R5 Medium/High Residential, the possibilities are extensive — ideal 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 (See Hot Springs Zoning Code at cityhs.net for details). Located directly across from Hot Springs Marina, this property offers incredible potential for boat storage or lake-related businesses, while still being just minutes from Central Avenue’s shopping, dining, and everyday conveniences. With excellent location, flexible zoning, and strong development potential, this is a rare opportunity in the heart of Hot Springs.

$8,782/mo

Est. mortgage payment based on a $1,320,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$461
Tax Frequency
Annually

Courtesy of CBRPM Hot Springs, Brittni Terlecki

Listing Contact: 501-276-3903 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of the Cooperative Arkansas REALTORS Multiple Listing Services. Real estate listings, held by brokerage firms other than Jeff Kennedy, are marked with the Broker ReciprocitySM logo, and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data last updated 5/19/2026, 5:00 AM UTC.

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