Address
188 Lemay Place, Hot Springs, AR
Price
$ 1,695,000
Property Attributes
  • MLS#26024656
  • TypeSingle Family
  • Listing Status Active
  • CountyGARLAND
  • CityHot Springs
  • AreaLake Hamilton School District
  • NeighborhoodHot Springs Unplatted
  • Zip71913
  • StyleRanch
  • Year Built1982
  • Taxes$ 9016
  • Price$ 1,695,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage54980
  • Lot Size37.92 Acres
Data Source:
Cooperative Arkansas REALTORS® MLS (CARMLS)
Property Description

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.

Price History
6/18/2026 Listed $169,500,000
6/18/2026 99$1,695,000

General Features

Heating Other (see remarks)
Utilities Septic,Well,Elec-Municipal (+Entergy)
Roof Metal
Fireplaces None
Full Baths 2
Year Built 1982
Parking Parking Pads
Other Rooms None
Subdivision Hot Springs Unplatted
Style Ranch
Stories Count One Story
County Garland
Class Residential
Type Agriculture/Farm/Ranch
Will Subdivide No
Frequency None
Inside City Limits No
Associated Document Count 1
DOCS ON FILE Boundary Survey,Legal Description
Status Active
Subdivision AR
Sale/Rent For Sale
Area Amenities Manager Office,Manager Apartment
Annual Taxes 9016
New Construction? No
Primary City Hot Springs
Virtual Tour https://youtu.be/rdtoRj9s7RA
Directions From HSBOR,proceed West on Orange St. and turn Left onto Grand Ave.,the Albert Pike Rd. turn Right onto Crystal Hill Rd. and Left onto Lemay Place. Follow Lemay Place to the property entrance.
City Hot Springs
DOM 86
Postal Code 71913
Price Per Sq Ft Total AG 30.83
FARM/RANCH Barns/Buildings,Horses,Stables
Public Remarks 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

Interior Features

Dining None
Beds 2
Total Bedrooms Primary Bedroom/Main Lv
Floors Other (see remarks)
Kitchen Equipment None

Exterior Features

Exterior Metal/Vinyl Siding
Exterior Amenities Inground Pool,Shop
Road Surface Gravel,Paved
Foundation None
Lot Size Area 37.92
Lot Dimensions 37.92 acres
Lot Sloped,Level,Cleared

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 71913

Price
AVG $580K
$1.7M
Taxes
AVG $3,691
$9,016
Year Built
AVG 1987
1982
Visits
AVG 304
356
Data Provided by Inside Real Estate®

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