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    297 Southwood Dr Gilbertsville, KY 42044

    For Sale
    Contact for pricing

    Residential - Gilbertsville, KY

    Lot size:
    0.24 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 297 Southwood Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.24 Acres

    Building Details

    Architectural style
    Other

    Spraggs Real Estate & Auction Co.,LLC (270) 362-7653 [email protected]

    Listing agent Kimberly Wiggins (270) 362-7653 License #279160

    Listing date Jul 15, 2025

    MLS# 132797 Listing URL

    Copyright © 2025 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.

    Overview

    Gilbertsville, KY Residential Land

    Located in Gilbertsville, Kentucky, this residential land is situated within the Running Bear Subdivision. The property offers lake access via the subdivision's boat ramp, which requires a minimum fee. The lot size is 0.24 acres. There are three other lots available for purchase.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gilbertsville
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.259757
    Latitude
    36.948959

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    FAQs

    What type of property is this?
    Land - Residential land in Running Bear Subdivision with lake access.
    Where is this land located?
    The property is located at 297 Southwood Dr Gilbertsville, KY.
    What is the asking price?
    The asking price for this property is $19,500.
    What are key features of this property?
    This property features: - Lake access via Running Bear Subdivision boat ramp.; - Located in Running Bear Subdivision.; - Multiple lots available for purchase.
    (270) 362-7653
    Request Owner's contact information
    297 Southwood Dr Gilbertsville, KY 42044
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    Gilbertsville, KY 42044
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    297 Southwood Dr Gilbertsville, KY 42044
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