Waterfront lot on Lake Cortez. Come build your new lake front home in Hot Springs Village! It is home to 11 recreational lakes, nine championship golf courses, 13 tennis courts, 14 pickleball courts, 30 miles of walking trails, more than 200 clubs and organizations and numerous additional activities for all ages. Spanning 26,000 acres of the Ouachita Mountains, Hot Springs Village is the largest gated community in North America.