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Engineered Waterfront Land with Guest House
For Sale
$1,999,000

378 Little Oaks Lane, Murray, KY 42071

Land, Murray, KY

Property Size2,000 SF
Lot Size2.88 Acres
Price / SF$999.50
Days on Market96

Property Features for 378 Little Oaks Lane

General Information

Property type Land
Property subtype Other
Lot features Rolling Slope, Waterfront, Gentle Sloping
Directions From S. 4th St, turn onto KY-94 E. Turn right onto State Hwy 732; turn left onto State Hwy 972. Turn right onto Paradise Dr, and then right onto Little Oaks Lane. Keep to the right, house will be on the left.
Subdivision 114 - Calloway County
Standard status Active
APN 100-0-0019
Lot size 2.88 Acres

Utilities

Utilities Propane
Listing Agency: Keller Williams Experience - Paducah · Keller Williams Realty
Listed By: Amy Brock · License #218257
Added: May 24 Changed: Aug 19 Last Checked: Aug 27 at 7:06AM
MLS# 26017176

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 Kentucky Lake property combines an engineered waterfront setting with improvements already in place. A 2,000-square-foot guest house contains two short-term rental suites, while a covered two-slip dock includes a lift and composite decking. The property also features a covered motorhome or camper site with full hookups, a large patio, underground utilities, irrigation, sod, and established landscaping.

Approximately 600 feet of reinforced shoreline provides access to year-round deep water. More than 6,000,000 pounds of rip rap rock were used in the shoreline engineering process, and the main building area spans approximately 3/4 acre. A separate 1.2-acre lot in Western Shores is included, along with access to its amenities. The additional lot is about a 5-minute golf cart ride from the waterfront property.

Key Highlights

  • Approximately 600 feet of reinforced shoreline along Kentucky Lake
  • 2,000‑square‑foot guest house with two short‑term rental suites
  • Covered two‑slip dock with lift and composite decking

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Hotel & Motel

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

Lease Details

2
Residential units
Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 42071, KY

29,703
Population
14,174
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
209.0 sq mi
ZIP Area
142
Density / Sq Mi
$48,976
Median Household Income
$29,805
Median Earnings
$841
Median Rent
$188,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Reinforced shoreline, a covered dock, and completed guest accommodations support recreational use and future estate development.
Where is this waterfront land located?
The property is located at 378 Little Oaks Lane Murray, KY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Approximately 600 feet of reinforced shoreline along Kentucky Lake; 2,000‑square‑foot guest house with two short‑term rental suites; Covered two‑slip dock with lift and composite decking
More about this property
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