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Waterfront Land with Guest House
For Sale
$1,949,000

378 Little Oaks Lane, Murray, KY 42071

A completed guest house and covered boat dock accompany the lakefront building site.

Property SizeContact for details
Days on Market116

Property Features for 378 Little Oaks Lane

General Information

Standard status Active
Property subtype Unimproved Land
Listing Agency: Keller Williams Experience - Paducah
Listed By: Amy Brock · License #218257
Source: Mdmitchellrealestate
Added: Jul 9 Changed: Oct 29 Last Checked: Oct 29 at 2:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Experience - Paducah

Rey
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Investment Insights

Based on property information with market context.

This waterfront parcel includes a 3-acre point property with a 3/4-acre primary building area and 600 feet of reinforced shoreline. A 2,000-square-foot guest house is already built and operates as two short-term rentals. The property also has a covered two-slip dock with a lift, a covered motorhome site with full hookups, underground utilities, irrigation, sod, landscaping, and a patio area. Shoreline protection uses more than 6,000,000 pounds of riprap, and the lakefront provides deep water year-round.

The sale also includes a separate 1.2-acre parcel in Western Shores, along with access to Western Shores amenities. The additional parcel is a five-minute golf cart ride away.

Key Highlights

  • 3‑acre point parcel with 600 feet of reinforced shoreline
  • 3/4‑acre main building site
  • 2,000‑square‑foot guest house currently used for two short‑term rentals

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Hotel & Motel Real Estate Agency

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

8
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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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Waterfront Land - A completed guest house and covered boat dock accompany the lakefront building site.
Where is this waterfront land located?
The property is located at 378 Little Oaks Lane Murray, KY.
What is the asking price?
The asking price for this property is $1,949,000.
What are key features of this property?
This property features: 3‑acre point parcel with 600 feet of reinforced shoreline; 3/4‑acre main building site; 2,000‑square‑foot guest house currently used for two short‑term rentals
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