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Lot 48/ Edgewater

Russell Springs KY 42642

34412 sq. ft.
Land
Currently for sale - view listing

Overview

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.

Features

34412 sq. ft. lot size
Land

Happy sellers in Russell Springs

94%
94% of sellers in Russell Springs reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for land plots in Russell Springs

In the last 12 months, 47 land plots similar to Lot 48/ Edgewater, have been sold.

This represents a 63% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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