121 Keuka Street
11 Acres | Prime Development Opportunity
Marketing description
Position your next residential development in one of Hot Springs' most desirable growth areas. This 10.96± acre tract offers a rare opportunity to develop a residential community just two blocks from Oaklawn and one block from the Oaklawn stables.
The property is zoned RN-5 (Residential Neighborhood 5), allowing for a variety of residential product types, including single-family homes, duplexes, townhomes, single-family attached residences, and low- to medium-density multifamily housing. Select compatible nonresidential uses are also permitted, providing additional flexibility for future planning.
With two road access points and power, water, and sewer available at the road, the site offers valuable infrastructure advantages that can help streamline development. Its central location provides convenient access to employment, entertainment, shopping, healthcare, and major transportation routes, making it an ideal setting for a residential community designed to meet the growing housing demand in Hot Springs.
Development opportunities of this size, zoning, and location are increasingly limited. Whether your vision is a single-family subdivision, townhome community, or multifamily project, this property offers the flexibility and location to make it a standout investment.
Investment highlights
10.96± acres of residential development land
RN-5 zoning allowing single-family, duplex, townhouse, and low- to medium-density multifamily development
Prime location just two blocks from Oaklawn and one block from the Oaklawn stables
Two existing road access points for flexible site planning
Power, water, and sewer available at the road
Located within an established area with convenient access to shopping, dining, healthcare, and major roadways
Suitable for multiple residential development strategies, including subdivision, build-to-rent, townhomes, workforce housing, or multifamily
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