5800 S Highway 27, Somerset, KY 42501

$2,900,000
Property Type: Land Lot Size (sq. ft.): 797,584 Status: Active
Current Price: $2,900,000 List Date: 6/12/2025 Last Modified: 4/08/2026

Overview

Description

Located directly off the busiest stretch of Highway 27 in Somerset and just across from the breathtaking shores of Lake Cumberland, this 18.31-acre tract offers one of the last remaining large-acreage development opportunities in the area. With unobstructed lake views and multiple points of ingress and egress, this property is ideal for a wide range of commercial and residential projects. Perfectly positioned for a boutique lakeview hotel or lodging (with zero existing lakeview accommodations in the area), retail, restaurants, storage, or mixed-use development, this land presents unmatched potential. The front 2-3 acres are ideal for immediate commercial use such as a hotel, with ample room behind for expansion, housing, or supporting businesses. Surrounded by multiple marinas, boat ramps, and minutes from downtown Somerset, this is a once-in-a-generation opportunity to build something iconic overlooking Lake Cumberland.

Listing Details MLS# 25012518

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2026-04-08T17:10:48Z
Status Change Timestamp
2025-06-12

Address

County
Pulaski
Street Number
5800
Street Direction Prefix
S
Street Name
Highway 27
State
KY
Zip Code
42501
Directions
Headed south down highway 27 the property is on the left. If you see the lake to the right, property is on the left. Located between John Deer and AB Studios.
Parcel Number
063-2-1-70

Contract

Original List Price
3000000
Start Showing Date
2025-06-12
Listing Contract Date
2025-06-10
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
158383.4
List Price/SqFt
3.64

Tax Legal

MLS Area Major
905 - Northeast Pulaski County
Subdivision Name
Rural

Lot

Lot Size Acres
18.31
Lot Size Square Feet
797584
Conservation Easement YN
No

More Information

Remarks

Public Remarks
Located directly off the busiest stretch of Highway 27 in Somerset and just across from the breathtaking shores of Lake Cumberland, this 18.31-acre tract offers one of the last remaining large-acreage development opportunities in the area. With unobstructed lake views and multiple points of ingress and egress, this property is ideal for a wide range of commercial and residential projects. Perfectly positioned for a boutique lakeview hotel or lodging (with zero existing lakeview accommodations in the area), retail, restaurants, storage, or mixed-use development, this land presents unmatched potential. The front 2-3 acres are ideal for immediate commercial use such as a hotel, with ample room behind for expansion, housing, or supporting businesses. Surrounded by multiple marinas, boat ramps, and minutes from downtown Somerset, this is a once-in-a-generation opportunity to build something iconic overlooking Lake Cumberland.

Showing Information

Showing Instructions
Call Listing Agent

Lot Features

Cleared
Yes
Gentle Sloping
Yes
Level
Yes
Rolling Slope
Yes

Possible Use

Residential
Yes

Showing Requirements

Call Listing Agent
Yes

Property Features

Lot Features: Cleared; Gentle Sloping; Level; Rolling Slope Possible Use: Residential Showing Requirements: Call Listing Agent
Listing Office: No Wake Real Estate
Last Updated: April - 08 - 2026
Information deemed reliable but not guaranteed.