Sold for
$4,000
Lot 48 Edgewater, Russell Springs, KY 42642
- 0.79
- acres
- Unimproved Land
- Property type
- 0.79 acres
- Lot size
- $5,063
- Price / acre
Listing Description
- Level
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.
Listed by CENTURY 21 Advantage Realty · srobinson@century21advantage.com
MLS #22023371 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Land Details
- Property type
- Unimproved Land
- Lot size
- 0.79-acre lot
- Price / acre
- $5,063 / acre
Land & access
- Lot features
- Level
- Utilities
- Cable Available, Electricity Available, Natural Gas Not Available, Water Available, Propane
Property & Price History
| Date | Event | Price |
|---|---|---|
| Sep 11, 2023 | Land sold | $4,000 |
| Jun 18, 2023 | Land listed for sale | $8,900 |
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Property Documents
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Travel Times and Accessibility
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- Walk Score
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Assigned Schools
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty