870 Lakeview Drive Somerset, KY 42503

ATTENTION INVESTORS & EXPERIENCED FLIPPERS: This is the high-upside project you've been waiting for. Located just one mile from the nearest Lake Cumberland boat ramp and surrounded by $500K+ neighboring homes, this 2-acre property offers an unbeatable opportunity to create massive value in a prime location. At just $144,000, you are acquiring 10 potential income-producing doors for significantly less than replacement cost. We have already completed the heaviest lifting: Brand new underground utilities (water, electric, and septic lines) are in place. This site is primed for renovation. The Vision & Breakdown: This property is ideally suited for a lucrative short-term rental cottage community or a high-demand long-term rental portfolio. The Cottages (8 Units): Four concrete block duplexes (800 sq ft each; 400 sq ft per side). These 2bed/1bath units are efficient, durable, and the perfect canvas for a modern, rustic renovation that lake visitors love. The Anchor (1 Unit): A large double-wide mobile home with a solid structure, cleaned out and ready for a full rehab into a primary rental or property manager's residence. The Value-Add opportunity (1 Unit): A single-family dwelling requiring heavy restoration or demolition to make way for new development or expanded common areas. Conveniently located just 4.5 miles from Kroger Marketplace and Somerset shopping, yet nestled on a quiet street with seasonal residents. This is a heavy lift project with an undeniably large upside. Bring your crew and your vision. Reach out today to schedule a site walk. Owner/Agent.