Oaklawn District

A remarkable opportunity awaits investors interested in generating income through residential rentals, seasonal parking, and commercial development in this area.

Horse Racing at Oaklawn in Hot Springs AR

Welcome to the Oaklawn District

The Oaklawn District is a thriving and expanding community where residents relish the lively atmosphere right at the center of the city. Serving as the economic powerhouse of Hot Springs, Oaklawn Racing Casino and Resort has established itself as the top tourist destination in Arkansas, boasting a recent $100 million expansion in 2021. Renowned for hosting the prestigious Racing Festival of the South and the exhilarating $1.25 million Arkansas Derby, Oaklawn offers live racing events from December to May.
 

Oaklawn District Real Estate

With the continuous influx of tourists visiting the resort, the Oaklawn District presents an excellent opportunity for investors seeking residential rental income, seasonal parking income, and commercial development. However, it's important to act swiftly before the Resort acquires the properties. Being a high-traffic area, everything is conveniently within walking distance, enhancing the district's appeal.

The Oaklawn District falls under the jurisdiction of the Hot Springs School District.

If you're seeking to reside amidst captivating architectural gems and fascinating history in the Oaklawn District, don't hesitate to contact us today or explore the available homes for sale in the area.

 

Oaklawn District History

Since its establishment in 1904, Oaklawn Racing Casino and Resort, formerly known as Oaklawn Park, has held a prominent position as one of the country's premier Thoroughbred racetracks. With a rich history in Thoroughbred racing, Oaklawn has produced remarkable champions like Smarty Jones, who clinched victories in the Kentucky Derby and Preakness, as well as Afleet Alex, the winner of the Preakness and Belmont. Throughout the past decade, the track has welcomed some of the most notable names in the sport. In 2015, Oaklawn played a significant role in launching the extraordinary season of American Pharoah, the Triple Crown winner, who triumphed in the Rebel Stakes and Arkansas Derby on his path to becoming the first horse in 37 years to secure victories in the Kentucky Derby, Preakness, and Belmont Stakes.

In November 2018, Arkansas voters approved a constitutional amendment that authorized the introduction of casinos for the first time. It was during this period that Oaklawn embarked on its expansion, introducing a state-of-the-art casino operating around the clock, an impressive eight-story luxury hotel, a top-tier spa, numerous dining establishments, and a spacious 15,000-square-foot event center.

 

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When you work with Jeff & Paulia Kennedy, you benefit from professionals who understand your needs and will work their absolute hardest to ensure excellent results for you and your family. Give us a call today and discover the difference we can make for you!

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