For sale

$279,000

461 Walnut St, Hot Springs, AR 71901

0beds

0baths

--sqft

Est.:

Single Family Residence

Built in 2026

7 Acres Lot

$275,600 Zestimate^®

$--/sqft

$-- HOA

What's special

Peaceful pondBeautiful mountain viewsMultiple level build sitesPartially constructed home

Discover the endless possibilities on this stunning 7-acre property on Walnut Valley Rd. Featuring a peaceful pond and multiple level build sites, this land is perfectly suited for one dream home or several cabins with beautiful mountain views. With no restrictions, you have the freedom to develop exactly what you envision, whether for personal use, short-term rentals, or a multi-cabin retreat. Located just five minutes from the roundabout, this property offers exceptional convenience with quick access to Hot Springs and the Village. A well is already on site, adding immediate value and saving on upfront costs. The property also includes a partially constructed home, providing a head start for those looking to complete or repurpose the existing structure. Private, scenic, and ideally located, this is a rare opportunity to own versatile acreage with infrastructure already in place. Bring your vision and make it your own.

39 days

613

21

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 0

Cooling

N/A Lot or Land

Features

Has basement: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 4
Parking features: Four Car or More

Features

Levels: N / A - Lot or Land
Has view: Yes
View description: Mountain(s)
Waterfront features: Pond

Lot

Size: 7 Acres
Dimensions: 7 acres
Features: Sloped, Level, Rural Property, Wooded, Cleared, Not in Subdivision, Out of City, Acreage, Livestock Allowed

Details

Parcel number: 40041050005000
Zoning description: NZN No Zoning

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 2026

Utilities & green energy

Water: Well
Utilities for property: Some Util Avl-Not on Prop

Community & HOA

Community

Subdivision: Walnut Valley

Location

Region: Hot Springs

Financial & listing details

Tax assessed value: $57,000
Annual tax amount: $276
Date on market: 2/25/2026
Road surface type: Gravel

Estimated market value

$275,600

$262,000 - $289,000

$1,471/mo

Price history

Date	Event	Price
2/25/2026	Listed for sale	$279,000+92.4%
Source: HSDS #154253 Report a problem
6/26/2025	Sold	$145,000-7.9%
Source: CARMLS #25016528 Report a problem
6/2/2025	Price change	$157,500-1.5%
Source: CARMLS #25016528 Report a problem
4/28/2025	Listed for sale	$159,900+10.3%
Source: CARMLS #25016528 Report a problem
3/14/2025	Listing removed	$145,000
Source: CARMLS #25007984 Report a problem
3/3/2025	Listed for sale	$145,000+190%
Source: CARMLS #25007984 Report a problem
11/21/2024	Sold	$50,000-23.1%
Source: CARMLS #24035172 Report a problem
9/24/2024	Listed for sale	$65,000-13.3%
Source: CARMLS #24035172 Report a problem
3/31/2016	Listing removed	$75,000
Source: ERA Rushing McAdams Polychron REALTORS #111625 Report a problem
8/18/2015	Listed for sale	$75,000
Source: ERA Rushing McAdams Polychron REALTORS #111625 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$522 +1.3%	$11,400
2023	$515	$11,400
2022	$515 +78.4%	$11,400 +80.4%
2021	$289	$6,320
2020	$289	$6,320
2019	$289 -5.4%	$6,320
2018	$305	$6,320
2017	$305 +2.9%	$6,320 -12%
2016	$297	$7,180
2015	$297 +0.2%	$7,180
2014	$296 -0.2%	$7,180
2013	$297 +4.4%	$7,180 +4.4%
2012	$284 +10%	$6,875 +10%
2011	$258	$6,250 +7%
2009	--	$5,843 +5%
2008	--	$5,565 +4.3%
2007	--	$5,336 +11%
2006	--	$4,807 +5%
2005	--	$4,578 +10.1%
2004	--	$4,159 +5%
2003	--	$3,961 +5.6%
2001	--	$3,750