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    Cumberland Shr, Unit 59 Monticello, KY 42633

    For Sale
    Contact for pricing

    LAND - Monticello, KY

    Lot size:
    0.87 Acres
    Days on Market:
    71
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for Cumberland Shr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    036-10-01-059.00
    Lot size
    0.87 Acres

    Utilities

    Utilities
    Cable Available

    CENTURY 21 Advantage Realty, A Robinson Co 4511021

    Listing agent Bradley Bigelow (606) 451-1021

    Listing date Sep 29, 2025

    MLS# 23008893 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

    Lakefront Land in Cumberland Shores

    Located north of Monticello, KY, this 0.87-acre lot resides within the gated Cumberland Shores community. The property is suitable for constructing a walk-out basement home and is described as fairly level, offering privacy and scenic views. It is located approximately 7 miles from Beaver Creek Marina, providing convenient access to lake activities. Restrictions include a minimum home size of 1500 sq ft, and prohibitions against mobile homes, campers, junk cars, and livestock, ensuring a clean neighborhood environment. Underground utilities are in place. The annual maintenance fee is $350. This property is intended for use as a vacation home or future retirement haven. With only a few developed properties in the area, residents can expect a high degree of privacy. The property is positioned as a lifestyle investment within a community designed for tranquility and future growth.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Monticello
    County
    Wayne
    State
    Kentucky
    Longitude
    -84.906891
    Latitude
    36.917491

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    FAQs

    What type of property is this?
    Land - 0.87-acre lot in gated community near Beaver Creek Marina.
    Where is this land located?
    The property is located at Cumberland Shr, Unit 59 Monticello, KY.
    What is the asking price?
    The asking price for this property is $10,000.
    What are key features of this property?
    This property features: - Lakefront property in Cumberland Shores, a gated community near Lake Cumberland.; - Building-ready .87-acre lot ideal for a walk-out basement home, with underground utilities already in place.; - Just 7 miles to Beaver Creek Marina for easy lake access.
    (606) 451-1021
    Request Owner's contact information
    Cumberland Shr, Unit 59 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

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    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
    Cumberland Shr, Unit 59 Monticello, KY 42633
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