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    Parks Ridge Rd, Unit 23 Russell Springs, KY 42642

    New
    For Sale
    Contact for pricing

    LAND - Russell Springs, KY

    Lot size:
    0.85 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for Parks Ridge Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    056-80-01-023.00
    Lot size
    0.85 Acres

    Utilities

    Utilities
    Cable Available

    CENTURY 21 Advantage Realty, A Robinson Co 4511021

    Listing agent Bradley Bigelow (606) 451-1021

    Listing date Dec 5, 2025

    MLS# 25018256 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 Near Lake Cumberland

    This 0.85-acre residential land is located in Parks Ridge, a gated community outside Russell Springs, Kentucky, offering convenient access to Lake Cumberland Marina and various local ramps. The relatively level building lot features underground utilities. A septic system will need to be installed by the buyer. The community has covenants in place to maintain property values. Mobile homes are not permitted. Barndominiums are a possibility if they meet the minimum square footage of 1400 sq. ft. and materials requirements. Campers are allowed on a short-term basis, for no more than 7 days out of 30. Lots 23, 24 & 25 can be purchased together for $35,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Russell Springs
    County
    Russell
    State
    Kentucky
    Longitude
    -84.990594
    Latitude
    36.998324

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    FAQs

    What type of property is this?
    Land - 0.85 acre building lot in gated community near lake.
    Where is this land located?
    The property is located at Parks Ridge Rd, Unit 23 Russell Springs, 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: - Gated community for enhanced privacy and security.; - Close proximity to Lake Cumberland Marina and boat ramps for easy lake access.; - .85 acre open and relatively level building lot.
    (606) 451-1021
    Request Owner's contact information
    Parks Ridge Rd, Unit 23 Russell Springs, KY 42642
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    Russell Springs, KY 42642
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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
    Parks Ridge Rd, Unit 23 Russell Springs, KY 42642
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