5901 S Highway 27 Somerset, KY 42503
Estimated payment $5,260/month
About This Lot
Opportunities like this are rare! This premier commercial lot boasts sweeping 180o views of Lake Cumberland, making it one of the best locations available. Ideal for restaurants, hotels, bars, or a variety of ventures, this property offers endless potential for your vision. Commercial lakeview lots are hard to find—why wait? For even greater possibilities, combine it with an adjacent tract, totaling 3.72 acres of spectacular lakefront property. Act now to secure this unparalleled investment!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,442
Lot Details
- 1.81 Acre Lot
- Waterfront
Community Details
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 063-2-1-38
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,442 | $330,000 | $330,000 | $0 |
| 2023 | $2,568 | $330,000 | $330,000 | $0 |
| 2022 | $2,603 | $330,000 | $330,000 | $0 |
| 2021 | $2,713 | $330,000 | $330,000 | $0 |
| 2020 | $2,731 | $330,000 | $330,000 | $0 |
| 2019 | $2,822 | $330,000 | $330,000 | $0 |
| 2018 | $2,777 | $330,000 | $330,000 | $0 |
| 2017 | $2,723 | $330,000 | $330,000 | $0 |
| 2016 | $2,723 | $330,000 | $330,000 | $0 |
| 2015 | $2,661 | $330,000 | $330,000 | $0 |
| 2014 | $2,591 | $330,000 | $330,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/01/2025 01/01/25 | For Sale | $949,000 | -- | -- |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25000014
APN: 063-2-1-38
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