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    001 Pleasant Home Dr Fountain Run, KY 42123

    For Sale
    $39,000

    Half-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.51-acre commercial lot is situated in the desirable Edgewater Heights community, a planned development directly on the shores of Barren River Lake in Austin, Kentucky (zip code 42123). The property boasts mature shade trees and offers stunning country views. Edgewater Heights provides residents with a secure, gated entrance, well-maintained blacktop streets, convenient city water access, and year-round access to the lake via common walkways. The HOA maintains a high standard of living with light restrictions in place. A list of these restrictions is available upon request. This lot presents a unique opportunity for commercial development in a picturesque lakeside setting. Two additional adjacent lots are also available for purchase, providing the potential for expansion. The asking price is $39,000, and all offers will be considered. This property is located at 001 Pleasant Home Drive, Austin, KY, and is conveniently located near Fountain Run.

    Property Features for 001 Pleasant Home Dr

    General Information

    Property type
    Land
    Lot Size
    22,216 SF

    HighLights

    • $39,000 asking price for 0.51‑acre commercial land parcel.
    • Located in Austin, KY, in the Edgewater Heights community on Barren River Lake.
    • Features mature shade trees and offers city water and year‑round lake access.
    • Planned community with HOA, security gates, common walkways, and paved streets; minor deed restrictions apply.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Gym & Fitness Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fountain Run
    County
    Barren
    State
    Kentucky
    Longitude
    -86.0307695
    Latitude
    36.7851858

    FAQs

    What type of property is this?
    Land - Half-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 001 Pleasant Home Dr Fountain Run, KY.
    What is the asking price?
    The asking price for this property is $39,000.
    What are key features of this property?
    This property features: $39,000 asking price for 0.51-acre commercial land parcel.; Located in Austin, KY, in the Edgewater Heights community on Barren River Lake.; Features mature shade trees and offers city water and year-round lake access.
    Request Owner's contact information
    001 Pleasant Home Dr Fountain Run, KY 42123
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    Fountain Run, KY 42123
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    001 Pleasant Home Dr Fountain Run, KY 42123
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