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.
For sale
$279,000
461 Walnut St, Hot Springs, AR 71901
0beds
0baths
--sqft
Single Family Residence
Built in 2026
7 Acres Lot
$271,600 Zestimate®
$--/sqft
$-- HOA
What's special
Peaceful pondBeautiful mountain viewsMultiple level build sitesPartially constructed home
- 124 days |
- 248 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Sarah Barnett,
Taylor Realty Group, HSV 501-463-9506
Source: HSDS,MLS#: 154253
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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
$271,600
$258,000 - $285,000
$1,535/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Listed for sale | $279,000+92.4% |
Source: | ||
| 6/26/2025 | Sold | $145,000-7.9% |
Source: | ||
| 6/2/2025 | Price change | $157,500-1.5% |
Source: | ||
| 4/28/2025 | Listed for sale | $159,900+10.3% |
Source: | ||
| 3/14/2025 | Listing removed | $145,000 |
Source: | ||
| 3/3/2025 | Listed for sale | $145,000+190% |
Source: | ||
| 11/21/2024 | Sold | $50,000-23.1% |
Source: | ||
| 9/24/2024 | Listed for sale | $65,000-13.3% |
Source: | ||
| 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 |
|---|---|---|
| 2025 | $522 | $11,400 |
| 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 | -- | $3,750 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 71901
Nearby schools
GreatSchools rating
- 4/10Langston Magnet SchoolGrades: PK-6Distance: 1.8 mi
- 5/10Hot Springs High SchoolGrades: 10-12Distance: 3.3 mi
- 8/10Park Magnet SchoolGrades: PK-6Distance: 2.5 mi
Schools provided by the listing agent
- District: Fountain Lake
Source: HSDS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Arkansas
- Garland County
- Hot Springs
- 71901
- 461 Walnut St





