Lake Homes Realty
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lot 48 edgewater

Russell Springs, KY 42642

0.79 AC LOT
Land - Lot
Image 1
Acreage 0.79
Status Off Market
MLS # 22023371
County Russell
More Info
Category Land - Lot
Status Off Market
Acreage 0.79
MLS # 22023371
County Russell
Right around the corner from the Purdy Hill ramp you can be at the lake in no time from this lot. 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 Edgewater is about 64%. This lot sold originally for $14,900! So at $5,900 it's an excellent buy. Home size to be min 1600 sq ft. No campers or mobile homes. 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.
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Exterior Features

  • Garage No
  • Water Public
  • Sewer Septic Tank
  • Lot Dimensions 120 X 290
  • Lot Description Level

Neighborhood & Schools

  • Subdivision Edgewater
  • School Disrict Russell County - 46
  • Elementary School Salem
  • Middle School Russell Co
  • High School Russell Co

Financial Information

  • Parcel ID 065-30-02-048.00

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.