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Auction Description


Fantastic Location! ~ 3,480+/- SF, 3BR/ 3.5BA Remodeled Brick Home w/Breathtaking Main Channel Lake Views on Year-Round Water ~ High Demand Property w/ 115+/- Ft. of Lake Hamilton Frontage ~ 634+/- SF, 1BR/ 1BA Guest House ~ Lakeside School District ~ Live, Online Bidding Available!


REAL ESTATE DESCRIPTION:  Located Right off Old Brundage Road, this 3,480+/- SF Home w/Guest House is Only 15 Minutes from Oaklawn Racing Casino Resort & Convenient to the Many Amenities, Attractions & Restaurants of Hot Springs! ~ Outside the City Limits ~ The Main 3 Bedroom/ 3.5 Bathroom Lakefront House Needs Remodeling & Updating ~ Interior Consists of a Vaulted Ceiling Living Room w/Fireplace & Built-ins ~ Sunroom w/Walls of Windows ~ Spacious Dining Area ~ Kitchen w/Island & Built-in Appliances ~ Large Master Suite w/Walk-in Closet, Private Bathroom w/Garden Tub, Separate Shower & Bidet ~ Laundry Room ~ Powder Room ~ Lower Level Living Room Great for Entertaining w/Fireplace & Wet Bar ~ 2nd & 3rd Bedrooms ~ 2nd Full Bathroom ~ Guest House Consists of a Living Room, Kitchenette, Bedroom & Bathroom ~ The Property Also has a 2-Car Attached Garage & Carport ~ All City Utilities, Including Electricity, Sewer & Natural Gas ~ Solar Panels on Roof ~ Large Back Deck & Lower-Level Patio ~ Staircase to Water’s Edge w/Boardwalk Along Lake Frontage ~ NO POA DUES ~ NO RENTAL RESTRICTIONS ~ Lakeside School District ~ With Remodeling & Updating, this house Will make an Exceptional VRBO Property, Primary Residence, or Vacation Home ~ Offers Made Prior to Auction Day are Welcome & Encouraged!


INSPECTION:  Property can be Viewed Anytime ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection on Auction Day.

CLOSING COMPANY:  Lenders Title Company ~ Closing Agent: Shanda Dunlap/ sdunlap@lenderstitle.com ~ 110 Ouachita Avenue, Hot Springs, Arkansas 71901 ~ (501) 624-2541 ~ Fax/ 623-4552.

REAL ESTATE TAXES FOR YEAR 2021:  $2,019.90 ($2,394.90 less $375.00 for Homestead Credit)




TERMS:  $50,000.00 Cashier’s Check made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.

Auction Location

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