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Lot 73 Edgewater

Russell Springs, KY 42642
  • $9,250
  • STATUS: Active
  • ON SITE: 107 Days
  • MLS #: 22026013
Price Reduced
UPDATED: 41 min ago
$9,250
  • 0
    BEDS
  • 0.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

.63 acre lot ready for your cabin plans so you can nestle in the pines. It is right around the corner from the Purdy Hill ramp so you can be in the water in no time. 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 $16,900! So at $9,250 it's a very good 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.

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Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lexpert are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
www.lexingtonkyhomesearch.com/homes/135254089
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Lot 73 Edgewater Russell Springs, KY 42642

  • Price: $9,250
  • Status: Active
  • On Site: 107 Days
  • Updated: 41 min ago
  • MLS #: 22026013
0
Beds
0
Baths
0
½ Baths
0.63
Acres
Neighborhood:
Edgewater
County:
Russell
Area:
Russell County
Elementary School:
Russell Co
Middle School:
Russell Co
High School:
Russell Co
School District:
Russell County
Property Description
.63 acre lot ready for your cabin plans so you can nestle in the pines. It is right around the corner from the Purdy Hill ramp so you can be in the water in no time. 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 $16,900! So at $9,250 it's a very good 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.
Exterior Features

Road Frontage 183.0000 Topography LevelWooded

Interior Features

Unfinished Area Total 0.00

Property Features

Best Use ResidentialResort Conservation Easement YN No Disclosure Restrictions Farm With House YN No Intermediate School Not Applicable Potential Use Building Lot Sewer Septic Tank Tax Rate .999 Water Source Public

Bluegrass REALTORS® logo Listing provided courtesy of Bradley Bigelow of Century 21 Advantage Realty: (606) 451-1021 . Listing information © 2023 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lexpert are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
 
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The Lexpert
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Lexington KY, 40509
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