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Waterfront Resort with Marina
For Sale
$1,700,000

1024 Paradise Drive, Murray, KY 42071

Commercial Sale, Murray, KY

Property Size900 SF
Lot Size7.33 Acres
Price / SF$1,888
Days on Market12

Property Features for 1024 Paradise Drive

General Information

Property type Commercial Sale
Property subtype Other
Directions From Murray, take Hwy 94 East continue for 6.1 miles then turn right on to Hwy 732 for 7.6 miles, take a left onto Hwy 972 for 0.6 miles and turn onto Paradise Drive. Property will be on the right in 1.1 miles
Subdivision 114 - Calloway County
Standard status Active
APN 100-0-0018
Size 900 SF
Lot size 7.33 Acres

Additional Details

Currently Operating Yes

Utilities

Utilities Propane
Sewer type Private Sewer

Amenities

sandy beach area
volleyball court
kayaking opportunities
swimming pool
30-slip marina
fish cleaning station

Building Details

Year built 1954
Listing Agency: The Stables Realty Group
Listed By: Wendy Bass
Added: Oct 23 Changed: Nov 2 Last Checked: Nov 3 at 10:06AM
MLS# 26030241

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.

Rey
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Investment Insights

Based on property information with market context.

This 7.33-acre resort property on Kentucky Lake has approximately 500 feet of shoreline and a 30-slip marina. The marina is configured with 26 covered slips and 4 uncovered slips, plus a fish cleaning station. Two villas are already framed and under roof, providing existing construction alongside the marina and resort amenities.

On-site features include a swimming pool, sandy beach area, volleyball court, and kayaking opportunities. The property is located between Snipe Creek and Blood River, near Murray, Kentucky.

Key Highlights

  • 7.33‑acre property with approximately 500 feet of Kentucky Lake shoreline
  • 30‑slip marina with 26 covered slips and 4 uncovered slips
  • Fish cleaning station at the marina

Property Analytics

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Current Use

The Villas at Marker 48 ... Vacation Rental The Villas at Marker 48 Vacation Rental Kentucky Lake Condo's ... Hotel & Motel

Suggested Use

Top Pick Bed & Breakfast Real Estate Agency Hotel & Motel

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

7
Businesses Nearby

Demographics for 42071, KY

29,703
Population
14,174
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
209.0 sq mi
ZIP Area
142
Density / Sq Mi
$48,976
Median Household Income
$29,805
Median Earnings
$841
Median Rent
$188,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Resort - The site includes a swimming pool, sandy beach area, volleyball court, and kayaking opportunities.
Where is this resort located?
The property is located at 1024 Paradise Drive Murray, KY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 7.33‑acre property with approximately 500 feet of Kentucky Lake shoreline; 30‑slip marina with 26 covered slips and 4 uncovered slips; Fish cleaning station at the marina
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