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    39 Wallace Cemetery Ln Gilbertsville, KY 42044

    For Sale
    Contact for pricing

    Residential - Gilbertsville, KY

    Lot size:
    0.59 Acres
    Days on Market:
    125
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 39 Wallace Cemetery Ln

    General Information

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

    Building Details

    Architectural style
    Other

    Park Avenue Properties (270) 527-7055 [email protected]

    Listing agent Shannon Copeland (270) 527-7055 License #213533

    Listing date Aug 11, 2025

    MLS# 133240 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

    Waterfront Lot on Private Lake

    This residential lot, located in Gilbertsville, KY, offers waterfront access to a private lake. The property spans approximately 0.59 acres, making it suitable for constructing a home with a walk-out basement. Residents can enjoy direct access to the lake from their property. The location also provides convenient access to Kentucky Lake, which is just a short drive away.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Spa & Massage Hair Salon Gym & Fitness Skin Care Clinic Hotel & Motel Pawn Shop Storage Facility Acupuncture Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilbertsville
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.284
    Latitude
    36.9689

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    FAQs

    What type of property is this?
    Land - Residential lot on private lake perfect for walk-out basement.
    Where is this land located?
    The property is located at 39 Wallace Cemetery Ln Gilbertsville, KY.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: - Waterfront lot on a private lake; - Direct lake access from the property; - Over 1/2 acre lot (.59 acres)
    (270) 527-7055
    Request Owner's contact information
    39 Wallace Cemetery Ln 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
    39 Wallace Cemetery Ln Gilbertsville, KY 42044
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