15039 KY HWY 196, Nancy, KY 42544

$700,000
Property Type: Farm Bedrooms: 3 Baths: 1 Square Footage: 1,627 Lot Size (sq. ft.): 3,903,847 Status: Closed
Current Price: $700,000 List Date: 3/21/2023 Last Modified: 9/04/2025

Overview

Description

PRIME LAKE FRONT DEVELOPMENT PROPERTY ON THIS oustanding lake property located in the Jabez area of Wayne County. Property fronts on KY HWY 196 and affords almost 1 mile of Corp of Engineers boundary to beautiful Lake Cumberland. Abounding lake views alond this spectacular Corp line. Several areas on high cliff above the lake. The lake location of this property is just around the bend from Conley Bottom Resort and Cumberland Point Recreation area. This property has appx 15 acres of cleared pasture land in the center of the property that is surrounded by 75 acres of forest land. Older farm house on property that has 1600 sq ft. House is still livable and could be renovated into a beautiful farm house. THe house on the poperty is selling AS-IS.

Listing Details MLS# 23004880

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Status Change Timestamp
2023-09-14
Purchase Contract Date
2023-07-18
Close Date
2023-09-12
Close Price
700000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Wayne
Street Number
15039
Street Name
KY HWY 196
State
KY
Zip Code
42544
Parcel Number
048-00-00-00-7.00

Contract

Original List Price
959000
Start Showing Date
2023-03-21
Listing Contract Date
2023-03-20
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/Acre
10700.74
List Price/SqFt
589.43
Sold Price/Acre
7810.76
Sold Price/SqFt
430.24
SP/LP
0.73

Tax Legal

MLS Area Major
070 - Wayne County
Subdivision Name
Rural
High School District
Pulaski County - 45

Interior

Bedrooms Total
3
Bathrooms Total
Yes
Bathrooms Full
Yes
Above Grade Finished Area
1627
Living Area
1627
Below Grade Finished Area
0

More Information

Building

Year Built
9999

Lot

Lot Size Source
Public Records
Lot Size Acres
89.62
Lot Size Square Feet
3903847
Lot Size Dimensions
89.62 ac
Conservation Easement YN
No
View YN
Yes

Remarks

Public Remarks
PRIME LAKE FRONT DEVELOPMENT PROPERTY ON THIS oustanding lake property located in the Jabez area of Wayne County. Property fronts on KY HWY 196 and affords almost 1 mile of Corp of Engineers boundary to beautiful Lake Cumberland. Abounding lake views alond this spectacular Corp line. Several areas on high cliff above the lake. The lake location of this property is just around the bend from Conley Bottom Resort and Cumberland Point Recreation area. This property has appx 15 acres of cleared pasture land in the center of the property that is surrounded by 75 acres of forest land. Older farm house on property that has 1600 sq ft. House is still livable and could be renovated into a beautiful farm house. THe house on the poperty is selling AS-IS.

Land Details

Farm With House YN
Yes
Number Of Fields
5

Other Structures Info

Number Of Horse Barns
Yes

Showing Information

Showing Instructions
Call listing agent Rick Barker ar 606-678-4865

Tax & Legal

Elementary School
Nancy
Middle Or Junior School
Southern
High School
Southwestern
Directions
W Hwy 80 out of Somerset to Nancy, ky. Left onto KY 196 at the Triangle Rest. On apx 12 mile to Jabez and at Harris Grocery continue left on Ky 196. The property is 3 miles out on the left.

Utilities

Electricity Available
Yes

Architectural Style

Craftsman
Yes

Fencing

Wire
Yes

Horse Amenities

Hay Storage
Yes

Levels

Two
Yes

Lot Features

Gentle Sloping
Yes

Sewer

Septic Tank
Yes

Structure Type

House
Yes

View

Lake
Yes
Mountain(s)
Yes
Rural
Yes
Trees/Woods
Yes
Water
Yes

Water Source

Public
Yes
Spring
Yes
Well
Yes

Current Use

Cattle
Yes

Possible Use

Recreational
Yes
Residential
Yes

Farm Improvements

Auto Waterers
Yes
Stock Barn(s)
Yes

Housing

Main
Yes

Possession Auxiliary Dwelling

Close Of Escrow
Yes

Possession Farm Land

Close Of Escrow
Yes

Possession Main House

Close Of Escrow
Yes

Showing Requirements

Call Listing Agent
Yes
Show Anytime
Yes

Documents

Aerial Photo
Yes
Survey
Yes

Property Features

Utilities: Electricity Available; Electricity Available Architectural Style: Craftsman Current Use: Cattle Farm Improvements: Auto Waterers; Stock Barn(s) Fencing: Wire Horse Amenities: Hay Storage Housing: Main Levels: Two Lot Features: Gentle Sloping Possession Auxiliary Dwelling: Close Of Escrow Possession Farm Land: Close Of Escrow Possession Main House: Close Of Escrow Possible Use: Recreational; Residential Sewer: Septic Tank Structure Type: House View: Lake; Mountain(s); Rural; Trees/Woods; Water Water Source: Public; Spring; Well Showing Requirements: Call Listing Agent; Show Anytime Documents: Aerial Photo; Survey
Listing Office: Godby Realty & Auction
Last Updated: September - 04 - 2025
Information deemed reliable but not guaranteed.