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Acreage Opportunity in Somerset, Kentucky
For Sale
$315,000

1915 KY-1247, Somerset, KY 42503

LAND - Somerset, KY

Property SizeContact for details
Lot Size16.00 Acres
Days on Market254

Property Features for 1915 KY-1247

General Information

Property type Land
Property subtype Other
Zoning R-1
Zoning description Residential
Subdivision Camelot Estates
Lot features Cleared, Rolling Slope, Wooded, Gentle Sloping
Directions Hwy 1247 Access (Tract 1 & Tract 2B): From Somerset, take Hwy 1247 east. Property located along Hwy 1247; Tract 2B has road frontage. Tract 1 accessed by 30-ft ingress/egress easement off Hwy 1247. Avalon Drive Access (Tract 4): From Somerset, take Hwy 1247 to Avalon Drive near Camelot Subdivision. Follow Avalon Drive to access road into Tract 4.
Standard status Active
APN 060-0-0-09
Lot size 16.00 Acres

Utilities

Utilities Water Available
Listing Agency: Weichert Realtors Ford Brothers, Inc.
Listed By: Tyler Mounce
Added: Dec 12, 2025 Changed: Jun 22 Last Checked: Aug 23 at 3:06AM
MLS# 25507820

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property in Somerset, Kentucky, offers a unique acreage opportunity consisting of 3 individual tracts that may be purchased separately or combined. The sellers are open to negotiations on parcel sizes, restrictions, and tract combinations, and the property may be re-surveyed to accommodate a buyer's specific needs. The property offers road frontage and access from Avalon Drive and Hwy 1247. Sewer availability is nearby, and sellers are willing to grant sewer easement access to certain tracts. Restrictions are light overall, with only a portion of Tract 4 subject to Camelot Subdivision restrictions. The property presents an excellent opportunity for residential development, estate lots, or long-term investment in a convenient Somerset location close to town. Tracts 1, 4 & part of 2 are currently listed for sale, with Tracts 1 & 4 being a great combination. The property is zoned R-1 and the lot size is 16 acres.

Key Highlights

  • Flexible Acreage: Purchase individual or combined tracts, sellers are open to negotiation.
  • Development Potential: Excellent opportunity for residential development, estate lots, or long‑term investment.
  • Convenient Location: Located in Somerset, Kentucky, close to town.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 42503, KY

24,670
Population
11,588
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
85%
High-School Grad
129.5 sq mi
ZIP Area
191
Density / Sq Mi
$53,377
Median Household Income
$35,319
Median Earnings
$873
Median Rent
$198,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Flexible acreage opportunity for residential development or long-term investment.
Where is this land located?
The property is located at 1915 KY-1247 Somerset, KY.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Flexible Acreage: Purchase individual or combined tracts, sellers are open to negotiation.; Development Potential: Excellent opportunity for residential development, estate lots, or long‑term investment.; Convenient Location: Located in Somerset, Kentucky, close to town.
More about this property
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