$3,000,000

5800 S Highway 27 Walnut Grove, KY 42501

Estimated payment $19,569/month

Total Views 1,875
18 Acres
$163,845 Price per Acre
797,584 Sq Ft Lot

Highlights

  • Lake View
  • 18.31 Acre Lot
  • Level Lot

About This Lot

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.

Listing Agent

Brandon Davis

No Wake Real Estate License #271972 Listed on: 06/12/2025

No Wake Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 18.31 Acre Lot
  • Level Lot
  • Cleared Lot

Property Views

  • Lake Views

Schools

  • Not Applicable Middle School

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063-2-1-70

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: 2025-06-12
  • General Property Description:Lot Size Acres: 18.31
  • Water Source:Public: Yes
  • Present Use Potential Use: Commerical - RES
  • Topography:Level: Yes
  • Topography:Cleared: Yes
  • Topography:Gently Rolling: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 18.31
  • Possible Use: Industrial, Residential, Professional, Commercial

Exterior Features

  • List Price: 3000000.0
  • View: Lake
  • View:Lake: Yes

Utilities

  • Water Source: Public

Lot Info

  • Topography: Level, Cleared, Gently Rolling
  • Lot Size Acres: 18.31
  • Lot Size Sq Ft: 797584.0
  • Parcel Number: 063-2-1-70

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
06/12/2025 06/12/25 For Sale $3,000,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25012518

ImagineMLS (Bluegrass REALTORS®)

Kentucky Pulaski County 42501

5800 S Highway 27, KY

This home is located at 5800 S Highway 27, Walnut Grove, KY 42501 and is currently priced at $3,000,000. 5800 S Highway 27 is a home located in Pulaski County with nearby schools including Somerset Christian School.

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ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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Brandon Davis
Listing Agent
Brandon Davis
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No Wake Real Estate
(606) 887-2683