Auction Description

ATTENTION: DEVELOPERS, HOME BUILDERS & REAL ESTATE INVESTORS!
9 Lots Ranging in Size from 0.75+/- to 5.7+/- Acres & the Adjoining 47+/- Acres Behind the Security-Gated Entrance of the Desirable Pleasant Hills Subdivision ~ Lake Hamilton School District ~ Selling On-site w/Live Online Bidding Available

REAL ESTATE DETAILS: Behind the Security-Gated Entrance of the Exclusive & Desirable Pleasant Hills Subdivision, located in the Rapidly Growing West Hot Springs Area off Rock Creek Road in Lake Hamilton School District, you will Find 20 Beautiful Homes Ranging in Size from 2,400+/- SF to 5,500+/- SF, All Built Since 2006 with New Construction Homes Currently being Built! ~ 9 Prime Residential Building Lots in this Subdivision & the Incredible Unrestricted 46.75+/- Acre Adjoining Tract are All Selling Regardless of Price to the Highest Bidder on Auction Day!

(Property 1 ~ Lot 1) 0.75+/- Acres

(Property 2 ~ Lot 8) 1.1+/- Acres

(Property 3 ~ Lot 9) 1.2+/- Acres

(Property 4 ~ Lot 47) 2.6+/- Acres

(Property 5 ~ Lot 51) 2.3+/- Acres

(Property 6 ~ Lot 52) 2.8+/- Acres

(Property 7 ~ Lot 53) 1.7+/- Acres

(Property 8 ~ Lot 54) 1.8+/- Acres

(Property 9 ~ Phase 2 Lot 44) 5.7+/- Acres

PROPERTY 10 DESCRIPTION:

The Incredible 46.75+/- Acre Tract Adjoining the Developed Lots to the West was Preliminarily Platted into 21 Lots by the Original Developers as Phase 3 of the Subdivision, but they are Liquidating their Partnership & allowing someone else the Opportunity to Develop this Unrestricted Acreage ~ Roads are Roughed in & Additional Access is at the East End of Wagonwheel Terrace ~ Utilities Include Electricity, City Water & Natural Gas.

Offers Made Prior to Auction Day are Welcome & Encouraged!

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

CLOSING COMPANY:  Hot Springs Title Company ~ Closing Agent: Delania Watson ~ 534 Ouachita Avenue (Ste. 3), Hot Springs, Arkansas 71901 ~ (501) 623-4405 ~ Fax/ 623-5165.

REAL ESTATE TAXES FOR YEAR 2022:

(Property 1 ~ Lot 1) $75.16

(Property 2 ~ Lot 8) $149.84

(Property 3 ~ Lot 9) $159.95

(Property 4 ~ Lot 47) $251.50

(Property 5 ~ Lot 51) $230.78

(Property 6 ~ Lot 52) $260.92

(Property 7 ~ Lot 53) $192.24

(Property 8 ~ Lot 54) $194.65

(Property 9 ~ Phase 2, Lot 44) $201.87

(Property 10 ~ 46.75+/- AC Tract) $64.93

SCHOOL DISTRICT:  Lake Hamilton

TERMS:  (PROPERTIES 1-9) $5,000.00 (Per Lot) ~ (PROPERTY 10) $50,000.00, All in the Form of a 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.