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    88 89, Unit 87 Monticello, KY 42633

    For Sale
    $60,000

    LAND - Monticello, KY

    Lot size:
    3.50 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for 88 89

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    003-50-01-084.01
    Lot size
    3.50 Acres

    Utilities

    Utilities
    Water Available

    Team Gumm Realty (606) 875-6616

    Listing agent Kenny Gumm (606) 875-6616

    Listing date Nov 2, 2025

    MLS# 25503878 Listing URL

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

    Overview

    Residential Land in Monticello, KY

    This property features lots 87, 88, and 89 in the Sandstone Point Subdivision, located in Monticello, Kentucky. The land is zoned R-1 and spans 3.5 acres. Underground utilities are in place.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Monticello
    County
    Wayne
    State
    Kentucky
    Longitude
    -85.004754
    Latitude
    36.873454

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    FAQs

    What type of property is this?
    Land - 3.5 acres of residential land for sale in Monticello.
    Where is this land located?
    The property is located at 88 89, Unit 87 Monticello, KY.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Three Lots (87, 88, and 89) included, offering ample space.; - Located in the desirable Sandstone Point Subdivision.; - Underground Utilities in place for a clean aesthetic.
    (606) 875-6616
    Request Owner's contact information
    88 89, Unit 87 Monticello, KY 42633
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    Monticello, KY 42633
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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
    88 89, Unit 87 Monticello, KY 42633
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