Waterfront Land with Guest
For Sale
$2,150,000
378 Little Oaks Lane, Murray, KY 42071
Lots/Land, Murray, KY
Property Size2,000 SF
Lot Size2.88 Acres
Price / SF$1,075
Days on Market54
Property Features for 378 Little Oaks Lane
General Information
Property type
Land
Property subtype
Other
Lot features
County, Dead End Street, Water View Year Round, Waterfront
Elementary school
Calloway/Murray-VERIFY
Middle school
Calloway/Murray-VERIFY
High school
Calloway/Murray-VERIFY
Directions
From S. 4th St, turn onto KY-94 E. Turn right onto State Hwy 732; turn left onto State Hwy 972. Turn right onto Paradise Dr, and then right onto Little Oaks Lane. Keep to the right, house will be on the left.
Subdivision
Calloway
Standard status
Active
Lot size
2.88 Acres
Utilities
Utilities
Propane
Water source
Well
Water front
1
Listing Agency:
Keller Williams Experience Realty Paducah Branch · Keller Williams Realty
(270) 450-0827
Listed By:
Amy Brock · License #218257
(270) 713-9040
Added: Jul 1
Changed: Aug 20
Last Checked: Aug 23 at 4:06AM
MLS# 137674
Copyright © 2026 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully engineered waterfront point estate lot is set up for an estate build and includes a 600' stretch of reinforced shoreline. The property also features a 3/4-acre main building site, underground utilities, an irrigation system, and landscaped grounds. A covered dock with two slips and a lift supports lake access, along with commercial-grade composite decking. An approximately 2,000 sq ft guest house is already complete and is currently operated as two short-term rentals, with reported annual earnings of $40,000 to $75,000 per year.
The site is described as having year-round deep water and includes easy access to the dock. Additional amenities noted in the listing include a covered motorhome/camper site with full hook-ups and a large patio area. The sale also includes an additional 1.2-acre lot in Western Shores, along with Western Shore amenities for private use, described as approximately a 5-minute golf cart ride away.
For buyers seeking a waterfront compound, this offering combines an established lake-access platform with an income-producing short-term rental structure and dedicated utility and landscaping improvements already in place. Operators may find the existing guest house configuration helpful for continuing short-term rental operations while using the main building site for a future primary residence.
The site is described as having year-round deep water and includes easy access to the dock. Additional amenities noted in the listing include a covered motorhome/camper site with full hook-ups and a large patio area. The sale also includes an additional 1.2-acre lot in Western Shores, along with Western Shore amenities for private use, described as approximately a 5-minute golf cart ride away.
For buyers seeking a waterfront compound, this offering combines an established lake-access platform with an income-producing short-term rental structure and dedicated utility and landscaping improvements already in place. Operators may find the existing guest house configuration helpful for continuing short-term rental operations while using the main building site for a future primary residence.
Key Highlights
- Fully developed 3‑acre point estate lot with 600' of reinforced shoreline
- 3/4‑acre main building site with panoramic views of Kentucky Lake
- Two‑slip covered dock with lift and commercial grade composite decking
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Engineered waterfront estate lot with reinforced shoreline, a covered dock, and an on-site guest house configured for short-term rentals.
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 $2,150,000.
What are key features of this property?
This property features: Fully developed 3‑acre point estate lot with 600' of reinforced shoreline; 3/4‑acre main building site with panoramic views of Kentucky Lake; Two‑slip covered dock with lift and commercial grade composite decking
