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    46 Patricia Dr New Concord, KY 42076

    For Sale
    $47,000

    Residential - New Concord, KY

    Lot size:
    1.26 Acres
    Days on Market:
    308
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 46 Patricia Dr

    General Information

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

    Building Details

    Architectural style
    Other

    Markethouse Realty, PLLC (270) 293-2291

    Listing agent Wende Holzschuh (270) 753-4870 License #284131

    Listing date Feb 3, 2025

    MLS# 127654 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

    Kentucky Lake Land Opportunity

    Located in the Red Water Estates subdivision on the shores of Kentucky Lake, this property consists of Lots 45 and 46 on Patricia Drive, New Concord, KY. The combined lots total 1.26 acres and offer a seasonal water view due to their elevated position. A private community dock is located less than one mile from the lots. The location is 19 miles from Murray, providing access to shopping, restaurants, a hospital, and schools. A Dollar General store is situated just 8 miles away. The property is intended for building a dream home or vacation home. Buyers are advised to verify the acreage.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Spa & Massage Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    New Concord
    County
    Calloway
    State
    Kentucky
    Longitude
    -88.1038
    Latitude
    36.5528

    Nearby Similar for Sale

    • $169,900

      Vacation Rental Business Opportunity

      3.2 acres with home, garage, campsites near lake.
      55 Renie Cir, New Concord, KY 42076
      View Details

    FAQs

    What type of property is this?
    Land - Residential land for dream or vacation home near Kentucky Lake.
    Where is this land located?
    The property is located at 46 Patricia Dr New Concord, KY.
    What is the asking price?
    The asking price for this property is $47,000.
    What are key features of this property?
    This property features: - 1.26 acre lot in Red Water Estates on Kentucky Lake.; - Seasonal water view from elevated lots.; - Access to a private community dock.
    (270) 753-4870
    Request Owner's contact information
    46 Patricia Dr New Concord, KY 42076
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    New Concord, KY 42076
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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
    46 Patricia Dr New Concord, KY 42076
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