Lake Lot For Sale

.64 Acre Lot ready for your cabin plans and nestle in the forest. Right around the corner from the Purdy Hill ramp you can be at the lake in no time from this lot. Due to how the lots were initially sold (or oversold) in 'Grand Opening Day Sale' fashion, the true value of the lots on the open market is coming to light. Statistically the average loss in Edgewater is about 64%. This lot sold originally for $35,000! So at $8,100 it's a very good buy. Home size to be min 1600 sq ft. Underground utilities & you'd install a septic when you build. Barndominiums with approval. No campers or mobile homes. If you are a builder, there are great opportunities to spec out some lake homes. In that loss, equity is still there. If you build, the home should absorb that loss difference. Call me and we can talk more about all this.

Property Details

  • Location: Lake Cumberland
  • Acres: 0.640
  • Lot Dimensions: 100 X 232 X 128 X 239
  • Lakeview: Yes
  • ViewTypes: Country
  • Dock Type: none
  • County: Russell County
  • Community: Edgewater
  • MLS #: 23021864
  • Yearly HOA Fee: $400

Location

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Contact Information:

Contact Agent
Brad Bigelow, Agent
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Century 21- Advantage Realty
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Ad Statistics:

Lake Lot For Sale in Russell Springs, Kentucky
Ad Number : 4410070
Viewed: 31 times
Added: Dec 01, 2024
Updated on: Dec 01, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.