Lake Lot Off Market

Awesome lake view lot priced to sell and make up for the original purchaser getting ripped off in a land rush sale. Technically it is 1.26 acres but there is only about .4 of an acre on the lake side. If you look at the aerial picture you'll notice the street runs through the lot. But for $30,000 you'd have a great lake view! It was originally $80,000. Restrictions are minor, 1500 sq ft minimum- cottage size, no mobile homes or campers, no junk cars, no livestock. Maintenance fee is $350/year to keep up the place. You don't want a junked up neighborhood do you? They don't make anymore lake property the saying goes. Make sure you get yours. Cumberland Shores is a gated community just north of Monticello, KY. Beaver Creek Marina is only 7 miles away for easy lake access. Mostly done as a vacation home development the lots were sold as future investments and building later when people retire. It's not like a regular residential neighborhood. As of now there are only about half a dozen properties out there. So due to the slower rate of development you will have some good privacy for quite a while. Underground utilities and a low tax rate make this a highly desirable property

Property Details

  • Location: Lake Cumberland
  • Acres: 1.260
  • Lot Dimensions: 107 X 480 X 130 X 430
  • Lakefront: Yes
  • Lakeview: Yes
  • ViewTypes: Lake
  • Dock Type: none
  • County: Wayne County
  • Community: Cumberland Shores
  • MLS #: 23011225
  • Yearly HOA Fee: $350

Location

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Ad Statistics:

Lake Lot Off Market in Monticello, Kentucky
Ad Number : 3920162
Viewed: 472 times
Added: Jun 16, 2023
Updated on: Jun 19, 2023
All information provided is deemed reliable but is not guaranteed and should be independently verified.