5800 S Hwy 27, Somerset, KY 42501

$2,900,000

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List Price
$2,900,000
MLS#
25012518
Status
ACTIVE
Type
Land
Subtype
Unimproved Land
Lot Size
797,584

Property Description

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.

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Calculator source: Real Geeks

Listing courtesy of No Wake Real Estate.