5800 S Highway 27,Somerset, KY 42501
Somerset, KY 42501
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.
Details
| MLS # | 25012518 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 461 |
| Listing Provided By | No Wake Real Estate | Brandon Davis |
Features
| Acreage | 18.31 |
|---|
Exterior
| Lot Features | Cleared, Gentle Sloping, Level, Rolling Slope |
|---|
Area Information
| State | KY |
|---|---|
| County | Pulaski |
| City | Somerset |
| Zip Code | 42501 |
| Area | 905 Northeast Pulaski County |
| Subarea | Northeast Pulaski County |
| Community Name | Rural |
| Listing VS Median (in Rural) | |
Price: $2,900,000 low | high Med: $298,000 On site: 461 low | high Med: 138 | |
Market Activity 42501
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Learn More About This Property
| State | KY |
|---|---|
| County | Pulaski |
| City | Somerset |
| Zip Code | 42501 |
| Area | 905 Northeast Pulaski County |
| Subarea | Northeast Pulaski County |
| Community Name | Rural |
| Listing VS Median (in Rural) | |
Price: $2,900,000 low | high Med: $298,000 On site: 461 low | high Med: 138 | |
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