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.
Listed By
Agency Name: No Wake Real Estate
Shown By
Agent Name: Tim Smith
Agent Phone: (606) 682-0320
Agency Title: SALLIE DAVIDSON, REALTORS
Estimated Payment
$ 11,652.07 per month $10,777.07 Principal & Interest $0.00 Property Tax (data not provided by mls) $875.00 Homeowner's Insurance
5800 S Highway 27 | MLS# 25012518
This land located at 5800 S Highway 27, Somerset, KY 42501 is currently listed for sale with an asking price of $3,000,000. The property has approximately 18.31 Acres. Search Somerset real estate on tsmith.salliedavidson.com today.