Premier Thoroughbred Training and Rehabilitation Facility- Just minutes from Oaklawn Racing Casino Resort, this exceptional 37.92-acre equine facility is purpose-built for elite thoroughbred training and rehabilitation. Features include a full-size sanctioned racetrack, state-of-the-art barn with 72 stalls, rehabilitation pool, hot and cold wash bays, two on-site apartments, office, and a dedicated equipment barn. A rare turnkey opportunity in one of the region's most strategic racing locations.
Active
$1,695,000
188 Lemay Pl, Hot Springs, AR 71913
2beds
54,980sqft
Agriculture
Built in 1982
37.92 Acres Lot
$-- Zestimate®
$31/sqft
$-- HOA
What's special
Rehabilitation poolFull-size sanctioned racetrackDedicated equipment barnTwo on-site apartments
- 99 days
- 154
- 13
Zillow last checked:
Listing updated:
Listed by:
Scott Garibay 501-620-3550,
Hot Springs Realty 501-525-4178
Source: CARMLS,MLS#: 26024656
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: None
Dining room
- Features: None
Appliances
- Included: None
Features
- Primary Bedroom/Main Lv
- Flooring: Other
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 54,980
- Total interior livable area: 54,980 sqft
Video & virtual tour
Property
Parking
- Parking features: Parking Pad
Features
- Levels: One
- Stories: 1
- Exterior features: Shop
- Has private pool: Yes
- Pool features: In Ground
Lot
- Size: 37.92 Acres
- Features: Sloped, Level, Cleared
Details
- Additional structures: Barns/Buildings, Stables
- Parcel number: 10011786000
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Agriculture
Materials
- Metal/Vinyl Siding
- Foundation: None
- Roof: Metal
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Features: Manager Office, Manager Apartment
- Subdivision: Hot Springs Unplatted
HOA
- Has HOA: No
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $998,850
- Annual tax amount: $9,016
- Date on market: 6/18/2026
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $1,695,000$31/sqft |
Source:  CARMLS #26024656 Report a problem | ||
| 5/23/2026 | Listing removed | $1,695,000$31/sqft |
Source:  HSDS #153053 Report a problem | ||
| 10/27/2025 | Listed for sale | $1,695,000+298.8%$31/sqft |
Source: HSDS #153053 Report a problem | ||
| 5/4/2004 | Sold | $425,000+30.8%$8/sqft |
Source: Public Record Report a problem | ||
| 10/11/2002 | Sold | $325,000+8.3%$6/sqft |
Source: Public Record Report a problem | ||
| 4/16/1999 | Sold | $300,000+62.2%$5/sqft |
Source: Public Record Report a problem | ||
| 3/28/1995 | Sold | $185,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,340 -1.3% | $199,770 |
| 2024 | $9,460 +1.3% | $199,770 |
| 2023 | $9,340 +7.8% | $199,770 +8.4% |
| 2022 | $8,664 +9.2% | $184,239 +10% |
| 2021 | $7,936 | $167,490 |
| 2020 | $7,936 +8.9% | $167,490 |
| 2019 | $7,286 | $167,490 |
| 2018 | $7,286 +8.5% | $167,490 |
| 2017 | $6,715 +108.7% | $167,490 +116% |
| 2016 | $3,218 | $77,540 |
| 2015 | $3,218 | $77,540 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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