3 Highway 90 Byp Monticello, KY 42633
- Commercial real estate
- 21.36 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3 Highway 90 Byp
- Lot size
- 21.36 lot acres
- Property type
- Commercial real estate
Description
This exceptional 21.36-acre parcel presents a unique opportunity for high-quality residential development in Monticello, Kentucky. Strategically located off Highway 90 Bypass, this property boasts convenient access and high visibility. A significant advantage is its 1,556-foot shared border with the prestigious Monticello Country Club, offering residents unparalleled views and proximity to recreational amenities. The expansive acreage allows for a variety of development options, catering to diverse housing needs. Existing infrastructure is in place, with readily available city water and electricity, simplifying the development process and reducing initial costs. The single entrance from Highway 90 Bypass ensures controlled access and enhances the overall appeal of the community. This property represents a rare chance to create a premier residential enclave in a desirable location, capitalizing on the natural beauty and established prestige of the surrounding area. The substantial lot size and prime location make this an exceptional investment for developers seeking to create a high-end residential community. Serious inquiries are encouraged to explore the full potential of this remarkable development opportunity. The asking price is $587,482.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monticello
- County
- Wayne
- State
- Kentucky
- Longitude
- -84.8665
- Latitude
- 36.8437
