Stillwater Building Lot Near Lake Cumberland $7,500

Lake Lot For Sale

Level 1.2 acre lot in Stillwater Subdivision, a gated community just south of Russell Srpings KY. Move away to the southern Kentucky rolling hills and have peace and quiet, pond close by to enjoy and contribute to the ambiance. Underground utilities. You would install a septic when you build. Some restrictions in place to protect your investment. You don't want it junked up do you? 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. Because of how they were sold statistically the average loss in Stillwater is about 39%. This lot sold originally for $29,000! So at $7,500 it's a VERY good buy. There is a community path to the lake, a 2-hole practice course and outdoor fitness center. It is very peaceful 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.