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Gilbertsville Land with Lake View
For Sale
$368,000

27 Paradise Point Rd, Gilbertsville, KY 42044

Lots/Land, Gilbertsville, KY

Property SizeContact for details
Lot Size0.69 Acres
Days on Market221

Property Features for 27 Paradise Point Rd

General Information

Property type Land
Property subtype Other
Lot features Cul-De-Sac, Corner Lot, County, Dead End Street, Interior Lot, Kentucky Lake, Water View Year Round
Elementary school Central
Middle school North Marshall
High school Marshall County
Directions From Draffenville, take Hwy 68 east to left on Moors Camp Hwy. Go approx. 6 miles and turn right into Cambridge Shores Subd. Go to Paradise Point turn right. Lots on the Left.
Subdivision Marshall
Standard status Active
Lot size 0.69 Acres

Utilities

Water source Public
Listing Agency: Jennifer Palmer Realty
Listed By: Jennifer Palmer, CRS · License #267530
Added: Jan 16 Changed: Aug 21 Last Checked: Aug 25 at 7:06AM
MLS# 122709

Copyright © 2026 Western Kentucky Regional MLS Inc. 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.

Three lots totaling over 0.5 acres are available in the Cambridge Shores Subdivision. The property is situated on a hill and offers a water view of Kentucky Lake. A red crape myrtle tree is located on the lots. Residents can access amenities including two boat ramps, a covered picnic pavilion, a swim area with a sandy beach, courtesy docks, a tennis court, a basketball court, and a private clubhouse. The annual HOA fee is $175.00.

Key Highlights

  • Spectacular water view of Kentucky Lake
  • Three lots totaling over 1/2 acre
  • Access to Cambridge Shores amenities: 2 boat ramps, picnic pavilion, swim area with sandy beach, courtesy docks, tennis court, basketball court, and private clubhouse

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Real Estate Agency Wine and Liquor Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 42044, KY

3,394
Population
2,371
Households
1.4
Avg Household Size
52
Median Age
16%
College-Educated
92%
High-School Grad
23.6 sq mi
ZIP Area
144
Density / Sq Mi
$59,432
Median Household Income
$36,489
Median Earnings
$674
Median Rent
$237,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Residential land with water view in Cambridge Shores Subdivision.
Where is this land located?
The property is located at 27 Paradise Point Rd Gilbertsville, KY.
What is the asking price?
The asking price for this property is $368,000.
What are key features of this property?
This property features: Spectacular water view of Kentucky Lake; Three lots totaling over 1/2 acre; Access to Cambridge Shores amenities: 2 boat ramps, picnic pavilion, swim area with sandy beach, courtesy docks, tennis court, basketball court, and private clubhouse
More about this property
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