Bring your floor plans settle in down at the lake. Mostly level lakefront 1.87 acre lot (you'd probably have a walkout basement). Think Gatlinburg!! Restrictions are minor, 1500 sq ft minimum- cottage size, no mobile homes or campers, no junk cars, no livestock. Underground utilities. Maintenance fee is $400/year to keep up the place. You don't want a junked up neighborhood do you? 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 as are several nearby ramps 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.
Property Details
Property Features
Listing Office:
Office Name: CENTURY 21 Advantage Realty
Office Phone: (606) 451-1021
Lot Features
Lot Information:
Lot Size: 1.87 Acres
Other
Directions Information:
Directions: From Monticello take West Hwy 92 to Hwy 789. Turn right onto Denny Ridge Road and on to Cumberland Shores Subdivision gate (code required). Then once thru the gate turn left onto North Shore Drive lot is on the left just before the brick house.
Price Information
Listing Price Info
Price Summary:
List Price: $18,900
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 Monticello, 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.
$162
Per Month
Principal & Interest
$95
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
$123
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
3
/10
Monticello Elementary School
160 Cave St
Distance between this listing and this school1.39 miles
Public District Grades 3-5
5
/10
Jamestown Elementary School
342 S Main St
Distance between this listing and this school13.95 miles
Public District Grades PK-5
5
/10
Salem Elementary School
1409 S Highway 76
Distance between this listing and this school16.94 miles
Public District Grades PK-5
Nearby Schools
4
/10
Wayne County Middle School
95 Champion Dr
Distance between this listing and this school1.25 miles
Public District Grades 6-8
2
/10
Clinton County Middle School
169 Middle School Rd
Distance between this listing and this school17.14 miles
Public District Grades 5-8
5
/10
Russell County Middle School
2258 S Highway 127
Distance between this listing and this school17.24 miles
Public District Grades 6-8
Nearby Schools
4
/10
Wayne County High School
2 Kenny Davis Blvd
Distance between this listing and this school0.94 miles
Public District Grades 9-12
5
/10
Clinton County High School
65 High School Dr
Distance between this listing and this school17.15 miles
Public District Grades 9-12
5
/10
Russell County High School
2166 S Highway 127
Distance between this listing and this school17.28 miles
The neighbors living near this home have an average income of $21,497. The most common annual income of people living in Monticello, KY is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT17 Cumberland Shrs
What is the listing price of this property?
The listing price of LOT17 Cumberland Shrs property is $18,900.
What type of property is this?
The property LOT17 Cumberland Shrs is land located in Monticello, Kentucky, 42633.
Is this property for sale now?
Active Listing: LOT17 Cumberland Shrs is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property LOT17 Cumberland Shrs is 1.87 acres.
Interested in LOT17 Cumberland Shrs? Let's connect.
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 LOT17 Cumberland Shrs in Monticello, KY and zip code 42633. This home sits on a 1.87 acre lot. It has been listed on Rocket Homes since June 29, 2023 and is currently priced at $18,900.
Monticello, KY housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. The inventory of homes for sale in Monticello, KY between October 2024 and November 2024 decreased by 11.6%. The median list price of listings available in November 2024 was $181,250, while the average time on the real estate market was 39 days.
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.
Pro Wrestling
Pro Wrestling
Figure Skating
Extreme Sports
Wal-Mart
Kmart
Academy Sports & Outdoors
Sonic
Bob Evans
Little Caesars
Oldsmobile
Buick
Chevrolet
Contemporary Inspirational
Country