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HOT SPRINGS 11.5+/- ACRE LUXURY ESTATE AUCTION

Auction Description

ATTENTION: HOT SPRINGS LUXURY HOME BUYERS & REAL ESTATE INVESTORS!

Stunning 5,608+/- SF, 4 Bedroom/ 5 Bath Stucco Exterior Home on 11.5+/- Secluded Acres ~

Incredible Location Adjoining Desirable, Eastgate IISubdivision in Lakeside School District ~

3-Car Garage ~ Tennis/Pickleball Court ~ Selling On-site w/Live, Online Bidding Available

 

REAL ESTATE DESCRIPTION:  Located in One of Hot Springs’ Most Desirable Residential Areas in Lakeside School District, in Close Proximity to the Hot Springs Country Club Golf Course & National Park Medical Center, this Unrestricted 11.5+/- Acre Luxury Estate Outside the City Limits Adjoins 10 Lots in Eastgate II Subdivision ~ Tucked Away, behind a Beautiful Security Gated Entrance & Long Private Asphalt Driveway Past the Pond w/Water Feature & Circle Drive w/Fountain, Sits this Incredible 5,608+/- SF Home Custom-Built in 1998 w/Stucco Exterior & 50-Year Double Thick Architectural Shingle Roof ~ Circle Around the House & Find the 3-Car Attached Garage & Huge Concrete Parking Pad Overlooking the Cleared Level Field the Size of a Football Field w/a Private Tennis/Pickleball Court.

 

Enter Through the Front Door into a High-Ceiling Grandiose Foyer w/Massive Columns & Sweeping Staircase ~ Main Level Consists of a Master Suite w/Adjoining Office, Private Bath w/Dual Vanities, Whirlpool Tub, Separate Walk-in Shower & Walk-in Closet ~ Gourmet Kitchen w/Ample Custom Cabinets, Sub-Zero Fridge, Jenn-Air Double Wall Oven, Island w/Flat Top Stove, Trash Compactor & Dishwasher, Breakfast Bar, Pantry Closet & Breakfast Nook ~ Living Room w/Wood-Burning Gas Fireplace ~ Dining Area ~ Family Room ~ Laundry Room w/Built-in Sink & Half Bath ~ Storage Closet ~ Guest Half Bath ~ Wooden Carved Curved Staircase & Back Staircase Lead to the 2nd Level Consisting of a Sitting Area ~ 2nd & 3rd Bedrooms w/Walk-in Closets & Jack-n-Jill Bathroom ~ 4th Bedroom w/Walk-in Closet & Private Door Access to the 3rd Full Bathroom ~ Linen Closet & Storage Closet ~ An Additional Staircase Leads to the 3rd Level Consisting of a Large Bonus/Game Room w/Closet that Could be a 5th Bedroom if Needed.

 

Home is Well-Maintained & the Entire Interior was just Professionally Painted ~ House is Serviced by 4 HVAC Units (2 Brand New) & 2 Tankless Gas Hot Water Heaters ~ Utilities Include Electricity, City Water, Natural Gas & City Sewer ~ Property Would Make a Great Primary Residence, Vacation Rental or Wedding Venue ~ Lakeside School District ~ Offers Made Prior to Auction Day are Welcome & Encouraged!

 

INSPECTION:  Property is Vacant & 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 ~ 110 Ouachita Avenue, Hot Springs, Arkansas 71901 ~ (501) 624-2541 ~ Fax/ 623-4552.

 

REAL ESTATE TAXES FOR YEAR 2022:  $4,890.85

 

SCHOOL DISTRICT:  Lakeside

 

TERMS:  $75,000.00 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 ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.

Property Location

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