5800 S Hwy 27, Somerset, KY 42501

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List Price
$2,900,000
Status
ACTIVE
Days on Market
518
MLS#
25012518
Subtype
Land
Lot Size
797,584
Acres
18.31
Subdivision
Rural
Neighborhood
905 - Northeast Pulaski County
MLS Area Major
905 - Northeast Pulaski County

Property Description

Located directly off the busiest stretch of Highway 27 in Somerset and just across from the breathtaking shores of Lake Cumberland, this 18.31-acre tract offers one of the last remaining large-acreage development opportunities in the area. With unobstructed lake views and multiple points of ingress and egress, this property is ideal for a wide range of commercial and residential projects. Perfectly positioned for a boutique lakeview hotel or lodging (with zero existing lakeview accommodations in the area), retail, restaurants, storage, or mixed-use development, this land presents unmatched potential. The front 2-3 acres are ideal for immediate commercial use such as a hotel, with ample room behind for expansion, housing, or supporting businesses. Surrounded by multiple marinas, boat ramps, and minutes from downtown Somerset, this is a once-in-a-generation opportunity to build something iconic overlooking Lake Cumberland.

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Calculator source: Real Geeks

Listing courtesy of Brandon Davis of No Wake Real Estate.