$139,900
$10K PRICE INCREASE

5, 6A & 6B Melrose Dr Somerset, KY 42503

Estimated payment $906/month

Total Views 111
0.54 Acre
$259,074 Price per Acre
23,522 Sq Ft Lot

About This Lot

Invest now for decades of income—three building lots on city sewer (with county property taxes)! These lots are perfect for upscale multi-housing units and minutes from downtown Somerset. Your tenants or condominium owners will love amazing views overlooking the beautifully manicured Somerset Country Club. Electricity, water and parking is right in front of these lots! Build today and enjoy many years of financial security! A fence runs along the back of the property, and a golf cart lane is on the far right. There's a beautifully engineered retaining wall is on the far left — the perfect spot for a cantilevered pool and patio with picturesque views of the golf course.

Listing Agent

Charlotte Ikerd

Key Players Real Estate License #290817 Listed on: 08/12/2025

Property Details

Property Type

  • Land

Lot Details

  • 0.54 Acre Lot
  • Level Lot

Property Views

  • Woods
  • Neighborhood

Schools

  • Not Applicable Middle School

Community Details

  • Melrose Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060-5-1-35, 060-5-1-38.9, 060-5-1-39.1

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Lot
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2023-02-07
  • General Property Description:Lot Size Acres: 0.54
  • Utilities:Electricity2: Electricity Available
  • Utilities Sewer: Sewer Available
  • Water: Water Available
  • View:Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • View:Trees: Yes
  • Present Use Potential Use: Multifam/Residential
  • Topography:Level: Yes
  • View:Other48: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 0.54
  • Possible Use: Residential

Exterior Features

  • List Price: 139900.0
  • View: Neighborhood, Trees, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Topography: Level
  • Lot Size Acres: 0.54
  • Lot Size Sq Ft: 23522.0
  • Parcel Number: 060-5-1-35, 060-5-1-38.9, 060-5-1-39.1

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $139,900 0.0% --
07/31/2025 07/31/25 Off Market $139,900 -- --
11/08/2023 11/08/23 For Sale $139,900 0.0% --
11/07/2023 11/07/23 Off Market $139,900 -- --
08/04/2023 08/04/23 Price Changed $139,900 +7.7% --
02/07/2023 02/07/23 For Sale $129,900 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23002224

ImagineMLS (Bluegrass REALTORS®)