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Waterfront Development Land with Lake Views
For Sale
$939,000

5901 S Highway 27, Somerset, KY 42501

LAND - Somerset, KY

Lot Size1.81 Acres
Days on Market576

Property Features for 5901 S Highway 27

General Information

Property type Land
Property subtype Other
Subdivision Rural
Lot features Waterfront
Directions Headed south on hwy 27, past Wendys south, the property is on the right. Just before Guthies Bar and Grille.
Standard status Active
APN 063-2-1-38
Lot size 1.81 Acres
Listing Agency: No Wake Real Estate
Listed By: Brandon Davis · License #271972
Added: Jan 1, 2025 Changed: Jun 8 Last Checked: Jul 31 at 2:06AM
MLS# 25000014

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 offering is a 1.806-acre commercial waterfront land parcel featuring sweeping 180-degree views of Lake Cumberland. The property is presented as raw land, intended for buyers looking to design and develop a site consistent with a lake-view use.

The lot is located at 5901 S Highway 27 in Somerset, KY 42501, within Pulaski County. According to the seller’s remarks, commercial lakeview lots like this are difficult to find, and the setting emphasizes visibility of the lake from the property.

The current parcel is described as suitable for ventures such as restaurants, hotels, and bars, as well as other concepts that benefit from a prominent waterfront setting. Buyers who need additional area may have the option to combine this tract with an adjacent parcel, which the remarks state would total 3.72 acres of lakefront property. For tenants, operators, and developers evaluating lake-view development opportunities, this site provides a focused starting point on a single waterfront parcel with broad lake views.

Key Highlights

  • Sweeping 180‑degree views of Lake Cumberland.
  • Premier commercial lot ideal for restaurants, hotels, bars.
  • Rare opportunity to own a commercial lakeview lot.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Auto Parts Store Pharmacy Spa & Massage Center (Bike/Boat/Book/etc) Store Bakery

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

157
Businesses Nearby

Demographics for 42501, KY

18,047
Population
8,039
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
84%
High-School Grad
199.7 sq mi
ZIP Area
90
Density / Sq Mi
$49,449
Median Household Income
$38,121
Median Earnings
$808
Median Rent
$131,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Lakefront lot with expansive Lake Cumberland views, offering flexibility for hospitality and dining-oriented development.
Where is this waterfront land located?
The property is located at 5901 S Highway 27 Somerset, KY.
What is the asking price?
The asking price for this property is $939,000.
What are key features of this property?
This property features: Sweeping 180‑degree views of Lake Cumberland.; Premier commercial lot ideal for restaurants, hotels, bars.; Rare opportunity to own a commercial lakeview lot.
More about this property
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