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Mixed-Use Land for Sale in Somerset, Kentucky

5800 S Highway 27, Somerset, KY 42501

$3,000,000
18.3 acres
Active
Est $22,476/mo

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.

Location

Street address
5800 S Highway 27
Elevation
853 feet
Coordinates
37.0124, -84.6252

Directions

Headed south down highway 27 the property is on the left. If you see the lake to the right, property is on the left. Located between John Deer and AB Studios.

Property details

Acreage
18.31 acres
MLS #
LBAR 25012518
Posted

Parcels

  • 063-2-1-70

Details and features

Listing

Type
Land

Lot

Features
Cleared, Gentle Sloping, Level, Rolling Slope

Listing history

DateEventPriceChangeSource
June 12, 2025New listing$3,000,000LBAR
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This 18.31-acre property is located at 5800 S Highway 27 in Somerset, KY 42501. The property is available for sale for $3,000,000 with a price per acre of $163,845.

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