0.94 Acres of Land for Sale in Russell Springs, Kentucky

Stillwater Lot 138, Russell Springs, KY 42642

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$44,900
0.94 acres
Active sale$5.1k dropEst $453/mo

Attention investors!! 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 Stillwater is about 39%. This lot sold originally for $99,900! So at $49,999 it's a very good buy. It could very possibly have a lake view once cleared out. In the first picture I tried to capture it. There is a community path to the lake, a 2-hole practice course and outdoor fitness center. It is very peaceful there.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, Some restrictions as there is no local zoning. 1400 sq ft min build, not mobile homes or campers, No livestock. Barndominiums acceptable with approval if they meet the design and material requirements.

Directions

FROM Somerset take Cumberland Pkway west to Eli Exit, go L onto Hwy 910, L onto Hwy 3525, and R at Gosser Ridge Rd. Stillwater in on your R. Once through the gate Wedge Way is the 3rd righ R. Lot is toward end of street on the left. See Plat

Property details

Coordinates
37.0274, -84.9198
Community
Stillwater
School District
Russell County - 46
Elevation
984 feet
MLS Number
LBAR 22022514
Date Listed

Parcels

  • 076-20-01-138.00

This 0.94-acre property is located at Stillwater Lot 138 in Russell Springs, KY 42642 with latitude 37.0274 and longitude -84.9198. The property is currently available for sale for $44,900 with a price per acre of $47,766. Listing data is sourced from Lexington-Bluegrass Association of Realtors # 22022514.

Verify sale details at the property source or contact Century 21 Advantage Realty at (606) 451-1021.

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Copyright (C) 2024 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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