5800 S Hwy 27, Somerset, KY 42501

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List Price
$2,900,000
MLS#
25012518
Status
ACTIVE
Type
Land
Subtype
Unimproved Land
Lot Size
797,584

Property Description

Located directly off the busiest stretch of Highway 27 in Somerset and just across from the breathtaking shores of Lake Cumberland, this 18.31-acre tract offers one of the last remaining large-acreage development opportunities in the area. With unobstructed lake views and multiple points of ingress and egress, this property is ideal for a wide range of commercial and residential projects. Perfectly positioned for a boutique lakeview hotel or lodging (with zero existing lakeview accommodations in the area), retail, restaurants, storage, or mixed-use development, this land presents unmatched potential. The front 2-3 acres are ideal for immediate commercial use such as a hotel, with ample room behind for expansion, housing, or supporting businesses. Surrounded by multiple marinas, boat ramps, and minutes from downtown Somerset, this is a once-in-a-generation opportunity to build something iconic overlooking Lake Cumberland.

How Much Is Your Home Worth?

If you’re thinking about selling your home in Laurel, Whitley, Knox, or Pulaski County, one of the first questions you’ll ask is: “What is my home worth?” At Prime Realty KY, we provide accurate, data-driven property valuations that reflect today’s Kentucky real estate market. Whether you own a family home in London, an investment property in Corbin, or land near Laurel Lake, our free valuation tool gives you a clear picture of your home’s true market value.

Get Instant Property Value Now!

Don’t wait for weeks to get answers—our online home valuation tool delivers an instant estimate of your property’s worth. Simply enter your address, and you’ll receive a personalized report based on recent sales, neighborhood trends, and local market activity. This quick, no-obligation valuation is the perfect first step if you’re planning to sell, refinance, or explore investment opportunities in southeastern Kentucky.

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Calculator source: Real Geeks

Listing courtesy of No Wake Real Estate.