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Lake Cumberland Land Opportunity
For Sale
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40 Beacon Street, Russell Springs, KY 42642

Land, Russell Springs, KY

Property SizeContact for details
Lot Size1.00 Acre
Days on Market161

Property Features for 40 Beacon Street

General Information

Property type Land
Property subtype Other
Zoning R-1
Subdivision Edgewater
Lot features Level
Directions Cumberland Parkway W from Somerset. 7.3 exit Ky 910 2.3 miles left 2.3 mi to 3278 1.1 mi left o ky 76 2.0 mi turn on ky 16115.5 mi Gate to Edgewater on your left.
Standard status Active
APN 065-30-02-040.00 (40)
Lot size 1.00 Acre
Listing Agency: Cumberland Realty Group & Auctions LLC
Listed By: Donna Scott-Whyel
Added: Apr 3 Changed: Sep 6 Last Checked: Sep 10 at 7:06AM
MLS# 26007025

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.

Investment Insights

Based on property information with market context.

This is a 1-acre residential land opportunity in the Edgewater Subdivision on Cumberland Lake in Russell Springs, Kentucky. It is suitable for building a lake home. The property is ideal for builders and investors. Established homes and new homes are already present in the development. Underground utilities are available. The property features fields behind the lots, preserving privacy and tranquil views. The gated community includes a launch ramp within a mile. Lake views are accessible within a few blocks from the homesite.

Key Highlights

  • Lake Cumberland Access: Ready for a lake home with recreational opportunities.
  • Large Lots: Rare 2‑1 acre lots, providing ample space.
  • Building Opportunity: Ideal for builders and investors for new home construction.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Daycare Center Auto Repair Shop Hair Salon Nail Salon

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

4
Businesses Nearby

Demographics for 42642, KY

12,939
Population
6,453
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
140.2 sq mi
ZIP Area
92
Density / Sq Mi
$54,100
Median Household Income
$36,281
Median Earnings
$686
Median Rent
$138,700
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?
Land - Residential land for sale near Lake Cumberland in Russell Springs.
Where is this land located?
The property is located at 40 Beacon Street Russell Springs, KY.
What are key features of this property?
This property features: Lake Cumberland Access: Ready for a lake home with recreational opportunities.; Large Lots: Rare 2‑1 acre lots, providing ample space.; Building Opportunity: Ideal for builders and investors for new home construction.
More about this property
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