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Waterfront Residential Land with Dock Access
For Sale
$460,000

583 Sherwood Drive, Gilbertsville, KY 42029

Lots/Land, Gilbertsville, KY

Property SizeContact for details
Lot Size0.40 Acres
Days on Market93

Property Features for 583 Sherwood Drive

General Information

Property type Land
Property subtype Other
Lot features Cul-De-Sac, County, Dead End Street, Water View Year Round, Kentucky Lake, Waterfront
Elementary school Central
Middle school North Marshall
High school Marshall County
Directions Starting at the intersection of Moors CampHighway and Moors Road head North onMoors Camp Highway. Turn right onto CoxRoad. Turn right onto Sherwood Dr. When you get to the culdesac veer to the right.Home is on your right.
Subdivision Marshall
Standard status Active
Lot size 0.40 Acres

Utilities

Utilities Natural Gas Available
Water front 1
Listing Agency: Westwind Real Estate & Development
Listed By: Gracie Youngblood · License #277336
Added: May 23 Changed: Aug 21 Last Checked: Aug 23 at 10:06PM
MLS# 137158

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This waterfront lot offers main lake views alongside a protected bay setting, providing a quiet backdrop for a future residential build. The property includes an engineer-approved approximately 1,500-sq.-ft. concrete basement, intended to streamline the construction process and support the foundation needs of a new home. A golf cart path is also described as leading to the dock, designed to make lake days and gatherings more convenient.

Located in Gilbertsville, Kentucky in Marshall County, the property is positioned within walking or golf cart distance to Moors Resort and Marina, according to the remarks. The address is listed as 583 Sherwood Drive.

For buyers looking for waterfront residential development, this site combines views and lake-access convenience with a pre-planned concrete basement improvement. The golf cart path to the dock is particularly relevant for day-to-day use, allowing easier access to the water without climbing back from the dock area after time on the lake.

Key Highlights

  • Waterfront lot with main lake views and a protected bay setting
  • Engineer‑approved approximately 1,500 SF concrete basement plan included
  • Natural gas available

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick HVAC Service Real Estate Agency Wine and Liquor Store Hotel & Motel Travel Agency

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

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 42029, KY

6,105
Population
2,923
Households
2.1
Avg Household Size
45
Median Age
25%
College-Educated
93%
High-School Grad
46.1 sq mi
ZIP Area
132
Density / Sq Mi
$62,067
Median Household Income
$40,611
Median Earnings
$765
Median Rent
$145,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - 0.4-acre waterfront lot with main lake views and a golf-cart path leading to your dock area.
Where is this waterfront land located?
The property is located at 583 Sherwood Drive Gilbertsville, KY.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Waterfront lot with main lake views and a protected bay setting; Engineer‑approved approximately 1,500 SF concrete basement plan included; Natural gas available
More about this property
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