$18,900 Price Analysis    ♡   Monticello, KY 42633 Unknown bed 0 bath unknown SqFt ($0/SqFt) 1.16 acre lot. Listed 2023-02-17 | Ⓧ USDA Ineligible due to property near Monticello |
Great 1.16 acre lake view lot in Sandstone Point.
A gated community about 5 miles from Beaver Creek Marina. It would be a extraordinary 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 and 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 n 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.
Presented by Brad Bigelow, Realtor at
Century 21 Advantage, A Robins.
Property MLS #23002825 from BLUEGRASS
Lot Size Dimensions: 200 X 182 X 183 X 245
Topography: Hilly, Wooded
Lot Size Square Feet: 50530
High School: Wayne Co
Middle School: Wayne Co
School District: Wayne County - 70
Map directions Map directions Map directionsCounty: Wayne
Directions: Take Hwy 90 to Hwy 92 toward Beaver Creek. Road forks, take Hwy 674 to Sandstone Point on left. Take the first right onto West Mountain Trail. Lot on the left. Gate code needed.
Source Property Type: Land - Farm/Land
Possible Use: Recreation, Residential, Resort
Area: 070 - Wayne County
Source Neighborhood: Sandstone Point
Subdivision: Sandstone Point
Property Subtype: Lot
Lot Number: 10
Source System Name: C2C
$18,900
BLUEGRASS
Relisted 2024-01-12
$29,900
BLUEGRASS
Listing removed 2024-01-02
$0
BLUEGRASS
Relisted 2023-06-20
$29,900
BLUEGRASS
Listing removed 2023-06-02
$0
BLUEGRASS
Listed 2023-02-17
$29,900
BLUEGRASS
Telephone
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.