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Lot 95 Edgewater

Russell Springs, KY 42642
  • $18,000
  • STATUS: Active
  • ON SITE: 147 Days
  • MLS #: 22024304
$18,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

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

Description

Cleared and ready for your cabin plans and nestle in the forest. 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 $24,900! So at $15,000 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/134540424
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Lot 95 Edgewater Russell Springs, KY 42642

  • Price: $18,000
  • Status: Active
  • On Site: 147 Days
  • MLS #: 22024304
0
Beds
0
Baths
0
½ Baths
0.5
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
Cleared and ready for your cabin plans and nestle in the forest. 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 $24,900! So at $15,000 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 136.0000 Topography ClearedLevelWooded

Interior Features

Finished Area Total 0.00 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
141 Prosperous Pl, Suite 22A
Lexington KY, 40509
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