Active

$1,000,000

181 Fish Hatchery Rd, Hot Springs, AR 71913

--beds

--baths

10.97Acres

Agriculture

Built in ----

10.97 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Seize this exceptional investment opportunity to unlock the full potential of prime vacant land at the Blue Heron Condo Complex. Perfectly positioned for visionary investors, this property boasts level lake frontage and a swim dock on the stunning Lake Hamilton, ideal for outdoor enthusiasts. With the ability to subdivide into 10 lots and the potential to build an additional 40 condos, the possibilities for development are limitless. Enjoy outstanding amenities, including a sparkling inground pool and expansive green spaces for relaxation. This property is perfectly suited for tapping into the booming short-term rental market, allowing you to build and own your own VRBOs. Additionally, the seller holds a majority interest in the Property Owners Association, providing valuable influence in future community decisions. Don’t miss this extraordinary chance to shape the future of a thriving community—invest in your vision today!

133 days

129

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Facts & features

Property

Features

Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Cove, Dock - Swimming, Dock Community, Ski Lake, Lake Front, Lake
Body of water: Lake: Hamilton

Lot

Size: 10.97 Acres
Features: Level, Cleared, Subdivided, Out of City, River/Lake Area, Split Possible

Details

Parcel number: 111977

Utilities & green energy

Electric: Elec-Municipal (+Entergy)
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Pool, Mandatory Fee
Subdivision: Blue Herron HPR

Location

Region: Hot Springs

Financial & listing details

Tax assessed value: $380,400
Annual tax amount: $3,560
Date on market: 1/21/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,720/mo

Price history

Date	Event	Price
1/21/2026	Listed for sale	$1,000,000+43.9%
Source: CARMLS #26003195 Report a problem
2/21/2025	Listing removed	$695,000
Source: HSDS #148955 Report a problem
12/6/2024	Listed for sale	$695,000+334.4%
Source: HSDS #148955 Report a problem
1/1/2023	Listing removed	$160,000
Source: CARMLS #22018961 Report a problem
6/8/2022	Listed for sale	$160,000-40.7%
Source: CARMLS #22018961 Report a problem
8/16/2021	Sold	$270,000-6.6%
Source: CARMLS #21005130 Report a problem
7/6/2021	Contingent	$289,000
Source: CARMLS #21005130 Report a problem
5/13/2021	Price change	$289,000-3.6%
Source: CARMLS #21005130 Report a problem
2/24/2021	Listed for sale	$299,900-7.7%
Source: CARMLS #21005130 Report a problem
9/8/2006	Sold	$325,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,560 +67.3%	$76,080 +38.9%
2023	$2,127 -2.3%	$54,790
2022	$2,177 -0.4%	$54,790 +0.3%
2021	$2,185	$54,620
2020	$2,185 +4.1%	$54,620
2019	$2,099 +10.2%	$54,620
2018	$1,906	$54,620
2017	$1,906 +13.9%	$54,620 +11.5%
2016	$1,673	$48,980
2015	$1,673 +0.1%	$48,980
2014	$1,672 -0.1%	$48,980
2013	$1,673	$48,980
2012	$1,673 -29.7%	$48,980 -25.9%
2011	$2,379 +5%	$66,080 -0.7%
2009	$2,265 -0.3%	$66,540
2008	$2,272 +206.5%	$66,540 +257.4%
2007	$741	$18,620

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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