0.94 Acres of Land for Sale in Russell Springs, Kentucky
Stillwater Lot 138, Russell Springs, KY 42642
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
- County
- Russell County
- Community
- Stillwater
- School District
- Russell County - 46
- Elevation
- 984 feet
- MLS Number
- LBAR 22022514
- Date Listed
Parcels
- 076-20-01-138.00
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Russell Co | Elementary | Russell County - 46 | — |
Russell Co | Middle | Russell County - 46 | — |
Russell Co | High | Russell County - 46 | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Jan 9, 2024 | Relisted | $44,900 | $5,099 -10.2% | LBAR |
Jan 5, 2024 | Listing removed | $49,999 | — | — |
June 6, 2023 | Relisted | $49,999 | $9,901 -16.5% | LBAR |
June 2, 2023 | Listing removed | $59,900 | — | LBAR |
Oct 12, 2022 | New listing | $59,900 | — | LBAR |