57 Cumberland Shores

Monticello, KY
$ 40,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Bring your floor plans and self-quarantine down at the lake. And yes that is the actual view. It's a fairly level lot but you would probably build a walk out basement home. Restrictions are minor 1500 sq ft minimum so cottage size, no mobile homes or campers, no junk cars, no livestock. Maintenance fee is $300/year to keep up the place. They don't make anymore lake property the saying goes. Make sure you get yours. Cumberland Shores is a gated community just north of Monticello, KY. Beaver Creek Marina is only 7 miles away for easy lake access. Mostly done as a vacation home development the lots were sold as future investments and building later when people retire. It's not like a regular residential neighborhood. As of now there are only about half a dozen properties out there. So due to the slower rate of development you will have some good privacy for quite a while. Underground utilities and a low tax rate make this a highly desirable property.

Land

  • Price
  • $ 40,000
  • Lot Size
  • 0.84 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Monticello
  • County
  • WAYNE
  • Style
  • Lots
  • Area
  • 9000 - Lake Cumberland
  • MLS#
  • 38195
  • Zip
  • 42633
Listing Provided by: Century 21 Advantage Realty Lake Cumberland Realty team

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Somerset, KY office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Wayne Co Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/11/2020 Listed $40,000

Property vs Zip Code Average in 42633

Price
AVG $30K
$40K
Visits
AVG 31
16

Map

57 Cumberland Shores Monticello, KY is a Single Family Home for sale at $40000 and a lot size of 0.84 Acres Acre(s). 57 Cumberland Shores Monticello has 0 bedrooms, 0 baths . The property's zip code is 42633 which is in Monticello, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.