Waterfront

Falls Of Rough, KY Waterfront Land for Sale

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Waterfront Homesite in Rough River
Updated: Jan 24
Waterfront Homesite in Rough River

Stargazer Lane lot: 23, Falls Of Rough, KY 40119

$129,900
0.37 AC lot
Waterfront homesite with existing dock included.
Cleared and graded lot with driveway, power, and water already installed.
Ready to build with nice lake views and direct access to neighborhood common area and dock.
Located in Stargazer, a 27‑lot waterfront neighborhood with common areas, picnic tables, and walking areas.
Potential for detached garage and features a waterfall at the rear of the property.
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Rough River Lake Access Land
Updated: Oct 21, 2025
Rough River Lake Access Land

L18 1292 Panther Creek Rd, Falls Of Rough, KY 40119

$114,153
4.15 AC lot
Convenient access to Rough River Lake via Panther Creek public boat ramp.
Prime location for boating, fishing, and outdoor recreation.
4.15 acre lot size.
Scenic views.
Ideal for building a dream home or summer getaway.
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Waterfront Land in Falls of Rough
Waterfront Land in Falls of Rough

Stargazer Lane lot: 2, Falls Of Rough, KY 40119

$49,900
0.35 AC lot

Land for sale in Stargazer neighborhood near Rough River.

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Recreational Waterfront Land Parcel
Recreational Waterfront Land Parcel

221292 Panther Creek Rd, Falls Of Rough, KY 40119

$85,937
3.12 AC lot

Recreational land with access to a boat ramp about 500 feet from Panther Creek Road near Rough River Lake.

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Lake-View Waterfront Land Lot
Lake-View Waterfront Land Lot

L5 1292 Panther Creek Rd, Falls Of Rough, KY 40119

$45,930
1.53 AC lot

Lake-view lot with county water available at the road near Panther Creek public boat ramp.

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Waterfront Residential Land Lot
Waterfront Residential Land Lot

L1 1292 Panther Creek Rd, Falls Of Rough, KY 40119

$47,880
1.78 AC lot

Buildable land with access to a boat ramp near Panther Creek public boat ramp and county water available at the road.

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Lake-View Waterfront Land
Lake-View Waterfront Land

L6 1292 Panther Creek Rd, Falls Of Rough, KY 40119

$45,390
1.51 AC lot

Lake-view land with county water available at the road and close access to a public boat ramp.

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Waterfront Lake View Land Lot
Waterfront Lake View Land Lot

61292 Panther Creek Rd, Falls Of Rough, KY 40119

$45,390
1.51 AC lot

Waterfront land with lake views and access to a nearby boat ramp 500 feet from Panther Creek Road.

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Unrestricted Acreage with Storage Shop
Unrestricted Acreage with Storage Shop

2003 Tick Ridge Road, Falls Of Rough, KY 40119

$199,000
9.24 AC lot

Unrestricted acreage near the lake with a 30x40 shop and utilities on two tracts for flexible private use.

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Waterfront Recreation Lot
Waterfront Recreation Lot

201292 Panther Creek Rd, Falls Of Rough, KY 40119

$74,525
2.17 AC lot

Recreation and waterfront land near Panther Creek public boat ramp, with boat-ramp access about 500 feet away.

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Waterfront Lot in Marina Point
Waterfront Lot in Marina Point

8 Marina Point Ln, Falls Of Rough, KY 40119

$44,900
23,522 sqft 0.54 AC lot

Waterfront lot ready for your dream lake home.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 Active listings in Falls Of Rough, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Residential Lakefront Land
Waterfront Residential Lakefront Land

2164 Patriot Shores Lane, Westview, KY 40178

$172,000
0.68 AC lot

Two combined lots at Rough River Lake offer waterfront living potential with perc testing and utilities available at the road.

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Lakefront Residential Land Lot
Lakefront Residential Land Lot

Westview, KY 40178

$100,000
2.37 AC lot

2.37-acre lakefront lot in Patriot Shores with utilities available and perk-tested soils for septic.

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Lakefront Land Parcel
Lakefront Land Parcel

1300 Thomason Cemetery Rd, Leitchfield, KY 42754

$119,000
1.72 AC lot

Lakefront lot with road and lake frontage, dockable with U.S. Army Corps approval, and utilities available.

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Wooded Waterfront Land Lots
Wooded Waterfront Land Lots

1115 Thomason Cemetery Rd, Leitchfield, KY 42754

$94,000

Five adjoining wooded lots totaling about 4.5 acres are offered across from Rough River Lake, with public utilities at the road.

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Falls Of Rough, KY Waterfront Land Market Trends and Statistics

Explore 11 waterfront land for sale in Falls Of Rough, KY, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 1,144,321 square feet of properties for sale, with an estimated market value of $882,905.

Sale prices for water rights properties in Falls Of Rough, KY start at $44,900, averaging $80,264, and reaching up to $199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Recreation land 17
Waterfront Land 12
Residential land & home lots 12
Commercial land 3
Hunting land 3

Demographics Overview

Population 2,071
Population Growth (5Y) +7.3%
Median Household Income $66,250
College Educated 32.1%

High-Yield Neighborhoods for Investment

Identify Falls Of Rough submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40119 $90.2K

Taxes & Financing

Tax Rate (average for all types) 1.00%
Property Tax per SF $0.08 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grayson County

New Delisted

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