Hot Springs Village, the nation's largest gated community, is a 26,000-acre resort and retirement community offering seven lakes for boating and fishing, nine championship golf courses, 16 tennis courts, 20 miles of wooded hiking trails, indoor and outdoor pools, a fitness center, and performing arts center. Located in the Ouachita Mountains of west-central Arkansas, the village of 15,000 residents is 20 minutes from historic downtown Hot Springs National Park, famed for its Bathhouse Row, thermal waters, shopping, and hundreds of thousands of honeymooners romantic get-away.
The recent availability of value priced lots, has driven the market through the roof. Investors all over the country are looking at Hot Springs Village as one possible local that will not suffer the effects of the so-called Real Estate Market down-turn. The cost of recently built new homes has ranged from $123,000 to $450,000, with a median price of $195,000. The abundance of buyers looking at the area has spurred better than average growth (as the Village always has). Lake front lots can still be found for under $100K, and homes can be found for as little as $100-120K, with all the amenities and nestled in a safe, secure, vibrant community.