Land for Sale in Monticello, Kentucky

411 acres of prime real estate on Lake Cumberland, Kentucky. Exceptional commercial, retail, and mixed-use development potential. Phase 1 of 5 is complete, including essential infrastructure with water, electric, and power in place. Features thousands of feet of Highway 90 frontage, offering outstanding visibility and access in a high-demand lake market.

Land

This expansive development tract spans approximately 411 acres of rolling Kentucky terrain, ideally positioned for growth and long-term value. Located just minutes from Burnside Island Golf Course, boat ramp, and marina, the property offers immediate access to recreation while remaining close to everyday conveniences.

A short drive from Somerset, and accessed by crossing the iconic Burnside Bridge into Bronston, Kentucky, the development sits just over the Pulaski County line in Wayne County, KY. Its location provides both privacy and accessibility, making it well-suited for residential, commercial, or mixed-use development.

The property features a fully functional clubhouse with extensive amenities, including a tennis court, basketball court, exercise area, dining hall, ballroom, and more—already in place to support an active community or event-driven use.

Seventy (70) fully developed lots remain available, averaging approximately one acre per lot. Each lot includes road access and all necessary utilities, allowing for immediate construction of custom homes, retail shops, or commercial buildings. These lots are priced at $52,000 and up, presenting a strong opportunity for a future owner or developer to recoup nearly two-thirds of their initial investment before beginning development on the remaining 378± acres.

With Phase One complete and all infrastructure already installed, this is a prime development opportunity offering scale, amenities, and significant upside in a growing region of Kentucky.

Improvements

Improvements include the following:

70 Build ready lots remaining in Phase 1

2,500 feet of Highway 90 Road Frontage

10,500 feet of Green Hills Estate Road Frontage

Lake Views

Larger Custom Surveyed Tracts for potential listings

Complete Survey

Clubhouse

Tennis Court

Basketball Court

Dining Area

Ballroom / Office Space

Kitchen

All Utilities for future construction

378+/- undeveloped property

Agriculture

This exceptional 378± acre tract of gently rolling pastureland offers both immediate agricultural income and outstanding future development opportunities. Currently utilized for hay production, the property consistently yields an average of 500–600 round bales per season, including both first and second cuttings.

With its open landscape, quality pasture, and expansive layout, the land is ideally suited for cattle operations, equestrian use, or continued hay production. The rolling topography and scenic setting also make it an excellent candidate for residential homesites, retail expansion, or commercial development.

Whether you’re looking to expand your agricultural operation, establish a premier horse or cattle property, or invest in land with strong development potential, this versatile acreage offers endless possibilities.

Water/Mineral Rights & Natural Resources

All mineral and waters right associated with this property convey with purchase.

General Operations

Fox Chase Estates is development in the making with Phase 1 complete. 70 lots available, ready to start new construction of single family homes. Hay production averages between 450-500 round bales per year.

Region & Climate

Summer: June through September is warm to hot, with July being the hottest month (average high of). Humidity is high, particularly in July and August.

85-86 degrees

Winter: Short, cold, and wet, with January being the coldest month (average lows around). Snowfall is moderate, with January seeing the highest average accumulation.

27-30 degrees

Spring/Autumn: These transitional seasons are moderate, with temperatures rapidly warming in April and cooling in October.

Precipitation: Rainfall is relatively consistent, though winter and spring months are often wet.

History

The original town of Burnside, KY was located along the Cumberland River and was a prospering town for lumber and train stations. With the river it was very easy to transport lumber, so there were many lumber mills that were in the valley along the river. There were many large bridges that went over the river that the many trains would travel on 24/7. However, there was a need for more power and people wanted recreation areas, so the state decided to build the Wolf Creek Dam this would cause the Cumberland River to back up and form the Lake Cumberland. With the construction of this new dam the residents of Old Burnside knew that they would have to leave their homes and businesses and either move to another town or move to the new Burnside which was built on a nearby bluff (which is where the 4 historical homes are located). Many residents left because they were paid money to leave, but some didn’t want to leave and didn’t want the money the state was giving to them, but they were eventually pushed out.

Before the dam was fully completed, they had to demolish all of the homes, businesses, and bridges. However, even today you can still see remnants of the tunnels and roads that were once part of a prosperous and thriving town. When they demolished the bridges, and the lake was formed there was no way for the residents of Burnside to get to the other side of lake without getting on a boat that was very small and was not ideal for the waves that Lake Cumberland produced.[3] They finally built many bridges over the lake for trains and cars to travel on instead of forcing people to go around the lake.

Location

Located 8 miles Southwest of Somerset, KY and 15 miles East of Monticello along and bordering highway 90.