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    55 Patriots Landing Ln Falls of Rough, KY 40119

    For Sale
    $50,000

    Land - Falls of Rough, KY

    Days on Market:
    328
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 55 Patriots Landing Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    WELCOME HOME REALTY GROUP (270) 257-0602

    Listing agent Catherine Corbett (270) 257-0602 License #207796

    Listing date Jan 13, 2025

    MLS# 91384 Listing URL

    Copyright © 2025 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wooded Lot Near Rough River

    This 1.174+/- acre wooded lot offers seclusion and access to nature. Mature trees provide privacy, with a neighbor hidden behind lush forest on one side. A rock formation rises about two stories high on the other side, adding a dramatic natural element. The back of the property remains undeveloped, ensuring uninterrupted views. Located in a gated community on Rough River Lake, it's a 5-minute walk to lake access. The community offers amenities such as a private fishing lake with a walking path. A dock is possible with COE approval.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Realty agency Hotel & Motel Food Market Grocery Store Bar & Pub Bakery Pet Supply Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Falls of Rough
    County
    Grayson
    State
    Kentucky
    Longitude
    -86.489116
    Latitude
    37.623008

    Nearby Similar for Sale

    • $740,000
      3,720 SF

      Lakefront Craftsman Home in Gated Community

      Charming lakefront Craftsman home with lake access and community amenities.
      800 Patriots Landing Ln, Falls of Rough, KY 40119
      View Details

    FAQs

    What type of property is this?
    Land - 1.174+/- acre wooded lot in gated community near lake.
    Where is this land located?
    The property is located at 55 Patriots Landing Ln Falls of Rough, KY.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - 1.174+/- acre wooded lot in a gated community on Rough River Lake.; - Just a 5-minute walk to lake access; dock possible with COE approval.; - Enjoy seclusion and privacy thanks to mature trees and undeveloped back of property.
    (270) 257-0602
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    55 Patriots Landing Ln Falls of Rough, KY 40119
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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
    55 Patriots Landing Ln Falls of Rough, KY 40119
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