Bring your home plans to the cottage community of Laurelwood just 5 minutes from Lake Cumberland near Cumberland Point. It offers the perfect blend of convenience and serenity in the heart of the Lake Cumberland area. Only 15 minutes to Somerset so even a commute wouldn't be bad...or a day trip to town. But mostly it's just a laid back community of peace and quiet that's close to the lake. Nestled on a 1.63 acre lot, you'll have the opportunity to enjoy hiking down to the lake right from your own property. Plus, amenities like a community fishing pond, volleyball court & BBQ pit make it easy to relax and get to know your neighbors. Of similar developments in the area it is the best-performing and more developed- that's a good thing. Laurelwoods promises a welcoming atmosphere and endless opportunities for enjoyment. Square footage minimums on homes are 1600 (on one level, 1200 sq ft footprint for multi-level). Barndominiums are possible if the square footage and material requirements are met. Discover more about Laurelwoods at Laurelwoodpoa.com and schedule your private tour today.
Property Details
Property Features
Listing Office:
Office Name: CENTURY 21 Advantage Realty
Office Phone: (606) 451-1021
Lot Features
Lot Information:
Lot Size: 1.63 Acres
Other
Directions Information:
Directions: From Hwy. 80 in Nancy, turn left onto Hwy. 235. Go approximately 1 mile. Turn left onto Hwy. 761. Go approximately 7 miles. See the gate for Laurelwood on the right. Call listing agent for gate code. The lot is on the left on the corner of Laurelwood Drive & Laurelwood Lane.
Price Information
Listing Price Info
Price Summary:
List Price: $16,700
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 Nancy, 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.
$151
Per Month
Principal & Interest
$84
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
$117
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
6
/10
Nancy Elementary School
240 Highway 196
Distance between this listing and this school6.82 miles
Public District Grades PK-5
10
/10
Oak Hill Elementary School
1755 Wtlo Rd
Distance between this listing and this school9.99 miles
Public District Grades KG-5
3
/10
Monticello Elementary School
160 Cave St
Distance between this listing and this school10.95 miles
Public District Grades 3-5
Nearby Schools
9
/10
Southern Middle School
200 Enterprise Dr
Distance between this listing and this school11.10 miles
Public District Grades 6-8
4
/10
Wayne County Middle School
95 Champion Dr
Distance between this listing and this school11.31 miles
Public District Grades 6-8
6
/10
Meece Middle School
210 Barnett St
Distance between this listing and this school14.39 miles
Public District Grades 5-8
Nearby Schools
6
/10
Southwestern High School
1765 Wtlo Rd
Distance between this listing and this school10.11 miles
Public District Grades 9-12
4
/10
Wayne County High School
2 Kenny Davis Blvd
Distance between this listing and this school11.08 miles
Public District Grades 9-12
2
/10
Pulaski Day Treatment~Eagle Academy
300 Chandler St
Distance between this listing and this school13.41 miles
The neighbors living near this home have an average income of $26,556. Typical income of Nancy, KY residents is less than $35k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Nancy, 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.
What type of housing is available in Nancy, KY?
Nancy, Kentucky, offers a housing market with a focus on single-family homes, which are prevalent in the area. The architectural styles vary, with a mix of traditional and contemporary designs that reflect the region's historical roots and modern growth. While the majority of the homes are owner-occupied, there is also a selection of rental properties available for those looking to reside in this serene community.
Is Nancy, KY a good place to live?
Nancy is celebrated for its tranquil, small-town charm and close-knit community atmosphere. The area prides itself on its natural beauty and outdoor recreational opportunities, including proximity to Lake Cumberland, which is a focal point for leisure and community events. Residents enjoy a peaceful lifestyle with access to local amenities that contribute to the town's unique character.
Are things conveniently located in Nancy, KY?
The community in Nancy benefits from essential services that cater to the needs of its residents. Educational opportunities are available through a number of public schools in the surrounding areas, and healthcare services are accessible within a reasonable distance, ensuring that residents have options for both emergency and routine medical care. Local shops and restaurants offer a taste of the regional culture, and the community is attentive to the evolving needs of its population.
What does the transportation in Nancy, KY look like?
Transportation in Nancy is primarily oriented towards private vehicle use, with a network of roads that connect residents to nearby cities and amenities. Public transportation options are limited, reflecting the rural nature of the community. However, the area is served by main highways that facilitate travel to larger urban centers. Ride-sharing services may be available on a case-by-case basis, and the community's layout offers some walkable sections, particularly around local service centers.
Frequently Asked Questions About LOT20 Laurelwood
What is the listing price of this property?
The listing price of LOT20 Laurelwood property is $16,700.
What type of property is this?
The property LOT20 Laurelwood is land located in Nancy, Kentucky, 42544.
Is this property for sale now?
Active Listing: LOT20 Laurelwood 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 LOT20 Laurelwood in Nancy, KY and zip code 42544. This home sits on a 1.63 acre lot. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $16,700.
Over 0 listings were sold over their listed price in November 2024 in Nancy, KY. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. Between October 2024 and November 2024, Nancy, KY real estate market has seen decrease in the number of listings by 5.1%. Listings spent 70 days on the market in November 2024, and had a median list price of $219,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.