239 Enchanted Forest Way, Burnside, KY 42519

$199,900
1
BD
2
BA
752
SqFt

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List Price
$199,900
MLS#
26026957
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
1
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
752
Lot Size
16,133

Property Description

Tucked inside gated Lake Cumberland Resort, this exceptionally maintained, turnkey 1-bedroom cottage offers the perfect combination of a private couples' retreat, low-maintenance second home, or established vacation-rental opportunity — with a historical gross rental yield of approximately 12.5% based on the current asking price. Rather than the expense and upkeep of a larger lake home, this cottage was made for easy weekends, romantic getaways and spontaneous trips to the lake. Relax in your private hot tub, spend the evening around the fire pit, or take just a few steps to the nearby community pool. Arrive, unpack and start enjoying Lake Cumberland — then put the property back to work when you're away. An established Google Business Profile can transfer to the new owner, providing a valuable head start for a buyer who wants to continue the property's vacation-rental presence. The care given to this property goes well beyond what you'll see in the photographs. Meaningful improvements include crawlspace encapsulation, landscape drainage upgrades, gutter protection, landscape lighting and more. These behind-the-scenes improvements matter to long-term ownership and help distinguish this cottage from competing properties. Lake Cumberland Resort adds an entirely different dimension to ownership. Enjoy gated access with 24-hour security, three seasonal swimming pools, tennis and pickleball courts, hiking opportunities and convenient access to Lake Cumberland through the boat ramp located in the heart of the resort. Surrounded by the natural beauty of Daniel Boone National Forest, boating, fishing, hiking and outdoor recreation are practically at your doorstep — all while enjoying the privacy and wooded surroundings of your own resort cottage. Whether your goal is a romantic Lake Cumberland retreat, weekend escape, easy-to-maintain second home, or an established vacation rental with demonstrated historical performance, 239 Enchanted Forest Way offers a unique opportunity to enjoy the lake while owning a property that can work for you when you're not there. Come for the lake. Stay for the lifestyle.

Additional Information

Year Built
2000
Hoa Fee
$3,200
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Cooktop, Oven
Basement
Crawl Space
Sewer
Septic Tank
Foundation
Concrete Perimeter
Flooring
Hardwood, Wood
Heating
Ceiling, Electric, Heat Pump, Propane
Exterior Features
Fire Pit
Interior Features
Eat-In Kitchen, Ceiling Fans
Elementary School
Burnside
Middle School
Southern
High School
Southwestern
Water
Public
Roof
Dimensional, Shingle

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 Advantage Realty.