Welcome to a remarkable investment opportunity: 13.45 acres of pristine land located in the beautiful city of Corbin, KY. This expansive parcel of land holds immense potential for development, boasting a strategic location with easy access from Summit Dr and the Corbin Bingo Parlor Rd, providing convenient connectivity to Cumberland Falls Hwy. The property not only offers the possibility of acquiring additional acres but also features easements, ensuring smooth access and development. With its prime location and favorable conditions, this land presents an ideal canvas for visionary developers to create a diverse range of projects. Don't miss out on this exceptional opportunity to shape the future of Corbin with this remarkable piece of land.
Property Details
Property Features
Listing Office:
Office Name: WTC Realty LLC
Office Phone: (606) 344-6560
Virtual/3D Tour
Virtual Tour: 600 Summit Dr
Virtual Tour
Lot Features
Lot Information:
Lot Size: 13.45 Acres
Other
Directions Information:
Directions: Off Summit Dr
Price Information
Listing Price Info
Price Summary:
List Price: $995,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Corbin, KY.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,034
Per Month
Principal & Interest
$4,967
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,050
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Corbin Primary School
3551 5th Street Rd
Distance between this listing and this school0.98 miles
Public District Grades KG-3
8
/10
Oak Grove Elementary School
4505 Cumberland Falls Hwy
Distance between this listing and this school1.87 miles
Public District Grades PK-6
7
/10
Whitley County North Elementary School
6670 Highway 26
Distance between this listing and this school4.29 miles
Public District Grades PK-6
Nearby Schools
10
/10
Corbin Middle School
50 Ed McNeel Dr
Distance between this listing and this school3.51 miles
Public District Grades 6-8
8
/10
Whitley County Middle School
351 Boulevard of Champions Rd
Distance between this listing and this school9.71 miles
Public District Grades 7-8
8
/10
South Laurel Middle School
223 S Laurel Rd
Distance between this listing and this school13.21 miles
Public District Grades 6-8
Nearby Schools
8
/10
Corbin High School
1901 Snyder St
Distance between this listing and this school2.34 miles
Public District Grades 9-12
4
/10
Corbin School of Innovation
800 S Kentucky Ave
Distance between this listing and this school2.62 miles
Public District Grades KG-12
3
/10
Lynn Camp Schools
100 N KY 830
Distance between this listing and this school5.68 miles
The neighbors living near this home have an average income of $33,384. Typical income of Corbin, KY residents is less than $35k annually. The majority of families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Living In Corbin, KY
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Corbin, KY.
The housing landscape in Corbin, Kentucky, features a selection of single-family homes, which are prevalent, reflecting the area's suburban character. Architectural styles vary, with a mix of traditional and ranch-style homes commonly found. The market also includes a modest number of apartments and townhouses, providing options for different housing needs. The majority of homes were built in the latter half of the 20th century, with a focus on family living spaces.
What is it like to live in Corbin, KY?
Corbin is celebrated for its small-town charm and close-knit community atmosphere. The city takes pride in its rich history and cultural heritage, with annual events that bring residents together to celebrate local traditions and foster a sense of community. The downtown area retains a quaint character, with local businesses and historic buildings that contribute to the city's unique identity.
Is it easy to get around Corbin, KY without a car?
Corbin offers a range of essential services to its residents. The educational system includes several public schools, catering to different age groups, and a few private institutions that complement the public offerings. Healthcare is accessible through local clinics and a regional hospital that provides various medical services. The city also has a public library system that serves as a resource for education and community engagement. Retail and dining options reflect the local culture, with a mix of family-owned shops and restaurants.
Transportation in Corbin, KY.
Transportation in Corbin includes a network of roads that connect residents to nearby cities and attractions. While public transit options are limited, the community is served by a few bus routes that facilitate local travel. The area is moderately walkable, with certain neighborhoods offering more pedestrian-friendly environments. For those relying on private transport, major highways provide convenient access for commuting and travel. The city is also accessible to ride-sharing services, enhancing mobility for residents and visitors.
Frequently Asked Questions About 600 Summit Dr
What is the listing price of this property?
The listing price of 600 Summit Dr property is $995,000.
What type of property is this?
The property 600 Summit Dr is land located in Corbin, Kentucky, 40701.
Is this property for sale now?
Active Listing: 600 Summit Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 600 Summit Dr in Corbin, KY and zip code 40701. This home sits on a 13.45 acre lot. It has been listed on Rocket Homes since June 15, 2023 and is currently priced at $995,000.
In October 2024, from all listings sold in Corbin, KY there were more than 1 sold above asking price, over 15 sold below and more than 10 were sold right at the asked price. Between September 2024 and October 2024, Corbin, KY real estate market has seen increase in the number of listings by 0.8%. While the average time on the market in October 2024 was 39 days, the median list price was $210,500.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively 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. © 2024 LBAR Multiple Listing Service. All rights reserved.
Figure Skating
Figure Skating
NASCAR
Extreme Sports
Kmart
Dollar General
Academy Sports & Outdoors
Bob Evans
Cracker Barrel
Little Caesars
Buick
Ram
Chevrolet
Oldies
Classic Country