Murray, KY Waterfront Land for Sale

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Updated: Jul 6

Dockable Waterfront Lot

200 Tow Lane lot: 10, Murray, KY 42071

$225,000

1.25 AC lot

1.25‑acre waterfront lot on Kentucky Lake in Western Shores subdivision
115+ ft of shoreline with deep‑water access
Dockable lot for a potential private dock setup
HOA includes community dock, clubhouse, trails, and lake amenities
Ideal for a lake home, vacation home, or short‑term rental getaway

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Updated: Apr 27

Kentucky Lake Waterfront Land

84 Launch Lane, Murray, KY 42071

$499,000

12.00 AC lot

Approximately 12 acres of waterfront property on Kentucky Lake
Located in the Blood River area near Murray, KY
Approximately 0.25 mile from Waters Edge Marina
About 5 miles from Wildcat Public Boat Launch
Potential uses include lakefront subdivision, seasonal campground, boat storage, or private retreat

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Tillable Agricultural Land with Pond

1363 Wiswell Road, Murray, KY 42071

$439,000

20.00 AC lot

AG-zoned acreage combines productive farmland, mature perimeter trees, and a stocked pond within the Murray city limits.

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Tillable Farmland With Stocked Pond

1363 Wiswell Rd, Murray, KY 42071

$439,000

871,200 sqft

Agricultural land combines open tillable ground, wooded perimeter acreage, and a stocked pond within Murray city limits.

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Waterfront Lot in Western Shores

Pier Lane lot: 24, Murray, KY 42071

$145,000

1.03 AC lot

Build-ready waterfront lot with access to Western Shores community docks and boat launch on Kentucky Lake.

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Waterfront Land with Municipal Water

1 Sauger Lane, Murray, KY 42071

$195,000

9.00 AC lot

Partially cleared waterfront tract with municipal water available and no stated restrictions.

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Lakefront Development Land Tract

84 Launch Lane, Murray, KY 42071

$499,000

12.00 AC lot

Approximately 12-acre waterfront tract on Kentucky Lake with rolling terrain, mature trees, and direct lake access.

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Land

38 39 Hawkridge Rd, Murray, KY 42071

$450,000

121,532 sqft

Waterfront Land · 121,532 SF

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Waterfront Residential Land Parcel

Woodduck Lane lot: 99, Murray, KY 42071

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1.32 AC lot

1.32-acre waterfront lot in Western Shores on Kentucky Lake, offering multiple flat building sites.

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Waterfront Lakefront Land Lot

44 Mariner Lane, Murray, KY 42071

$75,000

1.26 AC lot

Build-ready waterfront land with year-round water views and private access to Kentucky Lake amenities.

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Land

Lot 24 Pier Ln, Murray, KY 42071

$145,000

44,867 sqft

Waterfront Land · 44,867 SF

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Lake Community Residential Lot

Weekend Lane lot: 62, Murray, KY 42071

$36,000

1.71 AC lot

Residential lot in Western Shores lake community with HOA amenities including pavilion, infinity pool, spa, docks, trails, and fishing piers.

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Waterfront Land with Assigned Boat Slip

Western Drive lot: 5, Murray, KY 42071

$40,000

1.02 AC lot

Waterfront lot in Western Shores with an assigned boat slip and access to extensive community amenities.

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Land

65 Kirk Ridge Rd, Murray, KY 42071

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46,609 sqft

Waterfront Land · 46,609 SF

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Waterfront Residential Land Lots

Windward Lane lot: 31 & 32, Murray, KY 42071

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0.83 AC lot

Two cul-de-sac lots in Cedarling Hills offer water views and road frontage within a waterfront community.

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Land, Murray, KY

38 39 Hawkridge Road, Murray, KY 42071

$450,000

2.79 AC lot

Waterfront Land · 2.79 Acres

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Land

Lot 5 Western Dr, Murray, KY 42071

$40,000

44,431 sqft

Waterfront Land · 44,431 SF

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Waterfront Residential Development Lot

Yellowbird Lane lot: 183, Murray, KY 42071

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1.36 AC lot

Residential waterfront lot in Western Shores, situated at the back of a cul-de-sac near Kentucky Lake.

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Land

Lot 36 Hawkridge Rd, Murray, KY 42071

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48,352 sqft

Residential land & home lots · 48,352 SF

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Waterfront Residential Lot

Hawkridge Road lot: 36, Murray, KY 42071

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1.11 AC lot

Buildable lot in a Kentucky Lake waterfront community with shared trails, open space, and community boating amenities.

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Land

44 Mariner Ln, Murray, KY 42071

$75,000

54,886 sqft

Residential land & home lots · 54,886 SF

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Waterfront Resort Buildable Land

152 Centerview Road, Murray, KY 42071

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1.00 AC lot

Build your lake getaway in a resort community with amenities including a clubhouse, boat ramp, and infinity pool overlooking Kentucky Lake.

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Land

152 Centerview Rd, Murray, KY 42071

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43,560 sqft

Waterfront Land · 43,560 SF

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Waterfront Lakefront Land Parcel

140 Centerview Road, Murray, KY 42071

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1.00 AC lot

Lakefront land in a resort community with a public boat dock and nature trails nearby.

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Murray, KY Waterfront Land Market Trends and Statistics

Explore 39 waterfront land for sale in Murray, KY, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 5,472,008 square feet of properties for sale, with an estimated market value of $3,792,000.

Sale prices for water rights properties in Murray, KY start at $36,000, averaging $237,000, and reaching up to $499,000 — 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

Demographics Overview

Population 31K

Population Growth (5Y) -2.7%

Median Household Income $48,976

College Educated 50.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Mayfield - 42066	$150K
Murray - 42071	$153.4K
Gilbertsville - 42044	$225K

Taxes & Financing

Tax Rate (average for all types) 0.67%

Property Tax per SF $5.45 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Calloway County

New Delisted

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