Lake Lot Off Market

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. Statisically the average loss in Stillwater is about 39%. This lot sold originally for $25,900! So at $11,000 it's a pretty good buy. It's on a nice quiet loop. There is a community path to the lake, a 2-hole practice course and outdoor fitness center. It is very peacefull there.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, Some restrictions as there is no local zoning. 1400 sq ft min build, not mobile homes or campers, No livestock. Barndominiums acceptable with approval if they meet the design and material requirements.

Property Details

  • Location: Lake Cumberland
  • Acres: 0.508
  • ViewTypes: Woods
  • Dock Type: none
  • County: Russell County
  • Community: Stillwater
  • MLS #: 22020309

Location

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Contact Information:

Ad Statistics:

Lake Lot Off Market in Russell Springs, Kentucky
Ad Number : 3135376
Viewed: 528 times
Added: Sep 21, 2022
Updated on: Nov 28, 2022
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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