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10/ Sandstone Point Trail

Monticello KY 42633

50530 sq. ft.
Land
Currently for sale - view listing

Overview

Great 1.16 acre lake view lot in Sandstone Point. A gated community about 5 miles from Beaver Creek Marina. It would be a great spot for a cabin with a walkout lower level or crawlspace. Some basic restrictions in place to protect your investment. You don't want a junky neighborhood do you? Mostly being done in cottage/cabin styles. 1400 sq ft minimum. No mobile homes or doublewides. Barndominiums with approval. Unground utilities (electric & water), you'd install a septic when you build. Think Gatlinburg. 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. Statisically the average loss in Sandstone Point is about 57%. This lot sold originally for about $75, 000! So at $29, 900 it's a pretty good buy. It's actually a great opportunity for builder to spec out some homes! So if you are ready to build give me a call.

Features

50530 sq. ft. lot size
Land

Happy sellers in Monticello

84%
84% of sellers in Monticello reported that their sale price either exceeded or met their price expectations.

Monticello stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Monticello over the last 12 months.

Local market activity for land plots in Monticello

In the last 12 months, 65 land plots similar to 10/ Sandstone Point Trail, have been sold.

This represents a 10% decrease in land plots sales when compared to the previous 12 months.

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