Kentucky Lake Legacy Opportunity | Where Memories Were Made... and Fortunes Can Be BuiltTucked into the rolling hillsides overlooking the main channel of Kentucky Lake, just off Snipe Creek at mile marker 46.5, lies one of the most rare waterfront opportunities to hit the market in years.For generations, this property was known as Paradise Resort-a place where summer love stories began, children learned to swim, families returned year after year, and sunsets became traditions. Since 1951, this shoreline has held laughter, boat wakes, bonfires, and memories that lasted lifetimes.Now... it waits for its next chapter.Today, reimagined as The Villas at Marker 66, this 7.33-acre waterfront estate offers the chance for a visionary investor, developer, or family legacy buyer to create something extraordinary once again.What Awaits:7.33 waterfront acresApprox. 500 feet of shoreline frontage30-slip marina (26 covered / 4 uncovered)Rare deeded permanent easement with beach & recreation areaHistoric fountain within easement area once used as a minnow retainerTwo villas already underway and 60%+ completeMultiple panoramic building sites with sweeping lake viewsPotential for 12 additional villas (subject to approvals)Even greater expansion possibilities with private sewer package plantExisting Villas:Smaller Villa2 Bedrooms | 2 BathsKitchen + Living AreaMultiple decks with water viewsLarger Villa4 Bedrooms | 2 BathsUpper & lower recreation areasMultiple decks overlooking the lakeThe Vision:Create a boutique waterfront resort. Build a family compound. Develop luxury rentals. Craft a destination where the next generation gathers, celebrates, and returns year after year.This was once a resort lover's dream.Now it's an investor's dream.Come discover what paradise could look like again on Kentucky Lake.
Listed By
Agency Name: 1st Realty Group
Agency Phone: 2707531651
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 5,054.30 per month $3,783.46 Principal & Interest $775.00 Property Tax $495.83 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
1024 Paradise Dr | MLS# 3181164
This land located at 1024 Paradise Dr , Murray, KY 42071 is currently listed for sale with an asking price of $1,700,000. The property has approximately 7.33 Acres. Search Murray real estate on www.crye-leike.com today.