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Land for Sale at 1425 Greenwood in Hot Springs, AR for $299,900

Listing data last changed 9/30/2026
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1425 Greenwood | HOT SPRINGS SCHOOL DISTRICT

$299,900

Rare opportunity to acquire approximately 5 acres at the corner of Richard Street and Greenwood Avenue in Hot Springs, Arkansas. Formerly home to the Greenwood School, this property offers a unique combination of history, location, acreage, and redevelopment potential. The site presents an excellent opportunity for residential or multifamily development, making it appealing to builders, developers, investors, and those looking for a larger in-town development tract. The property's size and corner location provide flexibility for a variety of potential development concepts, subject to applicable zoning, land-use regulations, and city approvals. It is currently Zoned under the School Zoning. Topo Survey has been completed. Conveniently positioned near Greenwood Avenue and Richard Street, and just a block off Albert Pike Road, the property provides an excellent opportunity for investors seeking land with redevelopment potential in Hot Springs. Bring your vision and explore the possibilities this former school property can offer. Buyer and buyer's agent to verify zoning, permitted uses, utilities, dimensions, access, and all development requirements. Sold As-is. CARMLS 26039533 Directions to property: Albert Pike to Richard St. Property is on the left.

MLS Listing ID: 
CARMLS 26039533
Listing Pricing
Pricing information for this listing.
List Price: 
$299,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Lots And Land
Property Sub Type: 
Acreage
Primary Market Area: 
HOT SPRINGS SCHOOL DISTRICT
Address: 
1425 Greenwood, Hot Springs, AR 71913, USA
County: 
Garland
Directions: 
Albert Pike to Richard St. Property is on the left.
Public Remarks: 
Rare opportunity to acquire approximately 5 acres at the corner of Richard Street and Greenwood Avenue in Hot Springs, Arkansas. Formerly home to the Greenwood School, this property offers a unique combination of history, location, acreage, and redevelopment potential. The site presents an excellent opportunity for residential or multifamily development, making it appealing to builders, developers, investors, and those looking for a larger in-town development tract. The property's size and corner location provide flexibility for a variety of potential development concepts, subject to applicable zoning, land-use regulations, and city approvals. It is currently Zoned under the School Zoning. Topo Survey has been completed. Conveniently positioned near Greenwood Avenue and Richard Street, and just a block off Albert Pike Road, the property provides an excellent opportunity for investors seeking land with redevelopment potential in Hot Springs. Bring your vision and explore the possibilities this former school property can offer. Buyer and buyer's agent to verify zoning, permitted uses, utilities, dimensions, access, and all development requirements. Sold As-is.
Community Information
Subdivision: 
Mete&Bound
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Utilities: 
Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
5
Lot Size (Dimensions): 
5 acres
Waterfront: 
0
Property Features: 
Level, Not in Subdivision
Lot Features
Road Frontage: 
City Street
Road Surface: 
Paved
Public Record
Annual Tax: 
$0.00
Contract Details
Details about the listing contract.
Possession: 
At Closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
United Country Real Estate Land and Lakes Group

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