Lake Lot For Sale

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 $14,900! So at $5,900 it's an excellent buy. Home size to be min 1600 sq ft. 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: 0.790
  • ViewTypes: Farm
  • Dock Type: none
  • County: Russell County
  • Community: Edgewater
  • MLS #: 22023371
  • Yearly HOA Fee: $400

Location

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Contact Information:

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 : 3488296
Viewed: 510 times
Added: Feb 11, 2023
Updated on: Jul 21, 2023
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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