Residential Land for Auction in Albany, Kentucky

Online Only Absolute Auction

Bidding ends Thursday July 9th @2:00pm CST

3 Vacant Tracts in Albany, Kentucky

164 Mikels Rd Albany, Ky 42602

Discover three pristine vacant tracts perfectly positioned in Kentucky's coveted Lake Cumberland region, offering an incredible opportunity for builders, investors, or anyone dreaming of lake country living. With a total acreage of 2.84+/- acres, these prime parcels feature excellent road frontage and come with a freshly completed survey, making them development-ready for custom homes, weekend retreats, or investment properties. Strategically located just 5.2 miles from Marina Rowena and 13 miles from Grider Hill Dock, you'll have multiple access points to Lake Cumberland at your fingertips, while remaining only 11 miles from charming downtown Albany for local amenities and 44 miles from Somerset for bigger shopping and services. Whether you're envisioning a custom dream home with lake proximity, weekend getaway cabins, a multi-generational family compound, or a smart addition to your investment portfolio, these exceptional building lots deliver endless possibilities in one of Kentucky's most desirable regions.

Jay Craig, Agent/Auctioneer 606-688-3119

Hunter Shearer, Broker/Auctioneer 606-306-2995

Tract 1:

Exceptional 1.07+/- acre gem that's primed for endless possibilities! Flat to rolling, unrestricted paradise boasts convenient road frontage on Mikels Road and comes complete with an existing water meter and fresh survey for your peace of mind. Whether you're envisioning your dream home with the added security of the included storm cellar, planning lucrative rental investments, or looking to create the perfect camper retreat, this versatile property delivers on all fronts. This land is your blank canvas for building lots, income-generating rentals, or that peaceful getaway.

Tract 2:

0.92 +/- acres of mostly clear land, a new survey, and no restrictions, offering road frontage on Mikels Rd and prime potential for building lots, camper spots, rentals, or smart investments.

Tract 3:

Discover 0.85 +/- acres of versatile potential on Mikels Rd, with road frontage. The land ranges from flat to rolling, with some mostly clear land already in place and a new survey on file, offering a clean slate for building lots, camper spots, or rental investments—plus the flexibility of “no restrictions” to fit your vision. Whether you’re seeking a straight-up development site, a premier camper retreat, or a smart investment, this tract blends convenience, potential, and easy access.

Soft Close will apply to this auction. Any bids made within the last 5 minutes will add an additional 5 minutes to the time. If you are outbid, you will have an additional 5 minutes to make another bid. This process will continue until no bids are made within the last 5 minutes. 1. 15% Down Payment (non-refundable) - Sale Day - Balance is due on or before 30 days after the auction ends. 2. 10% BUYERS PREMIUM will be added to the WINNING BID to determine PURCHASE PRICE OF TH

E REAL ESTATE. 3. Real Estate is selling "AS-IS, WHERE IS", both surface and subsurface with no warranties guaranteed or implied; sold subject to any restrictions, right of ways or easements, recorded or unrecorded. Please conduct your own due diligence of the property being sold prior to bidding. 4. United Country Lakes and Land Realty/Auction is the agent for the seller. 5. The seller nor his/her agent make any representation or warranty regarding any utilities being available to the real property being sold. Bidder should determine the feasibility of any utility service(s) prior to bidding. 6. Bidders are invited to inspect the property and are responsible to complete their own due diligence before the sale date. 7. All information herein was obtained from sources believed to be reliable, however accuracy is not guaranteed. 8. Payment in cash, or good check. 9. All announcements on sale day or published/distributed on the internet prior to the stated online auction ending time take precedence over previously published advertising. 10. Purchaser will be required to sign a purchase contract at the close of the sale. 11. This sale is final with no contingencies and is not subject to the buyers ability to obtain financing. 12. Possession to be given with deed at closing. 13. Seller to convey the property by General Warranty Deed. 14. Property is selling by new survey. 15. Taxes to be prorated. 16. Buyer is responsible for closing costs and their own title search. 17. United Country Lakes and Land Realty/Auction and their agents and staff are eligible bidders and subject to the same registration, terms, and conditions as all other bidders. 18. Purchaser will be required to sign a lead based paint disclosure. Online Auction Software Disclaimer: United Country Lakes and Land Realty/Auction is not responsible for any damages arising from any interruption, suspension, or termination of the site. By agreeing to the terms, you are accepting that you use the site to your own risk and without any guarantees from United Country Lakes and Land Realty/Auction or its sellers. This includes the operation and functionality of the site. The site is normally available 24 hours a day, 7 days a week but we do not guarantee that you will always have access to the site or that it will be operational 100% of the time. United Country Lakes and Land Realty and Auction retains the right to make the site unavailable on occasion for any reason. United Country Lakes and Land Realty/Auction also reserves the right to the following: 1. Terminate or suspend access to any bidder for any reason to the site. 2. Terminate or suspend any bidder's registration to bid and/or bidders account. 3. Suspend bidding to any individual lot or all lots in an auction at any time. 4. Extend the bidding ending date and time for any individual lot or all lots in an auction at any time. By registering to bid and agreeing to the terms and conditions, bidders guarantee that the information given to United Country Lakes and Land Realty/Auction is accurate and truthful. Users agree to indemnify and hold United Country Lakes and Land Realty/Auction harmless from any lawsuit based on the user's negligence or activities.