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1024 Paradise Dr , Murray, KY 42071

$1,700,000
  • 1024 Paradise Dr , Murray, KY 42071 Main Photo

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Active
LOT SIZE 7.330 acres MLS#3181164
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONParadise

Property Description

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.

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.

Property Features

Property Type: Land - Residential
Lot Size: 7.33 Acres
Taxes: $9,300

Feature Descriptions

Association Amenities: Boat Dock, Park, Pool
Days on Site: 27
Lot: Private, Views
Lot Dimensions: 7.33 Acres
Parcel#: 100-0-0018
Topography: Private, Views
Water: Well
Water Features: Pond, Year Round Access

Local Schools

High School: Calloway County High School
Middle School: Calloway County Middle School
Elementary School: East Elementary School

Listed By / Shown By

Listed By

Agency Name: 1st Realty Group
Agency Phone: 2707531651

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Nashville MLS

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Estimated Payment

$ 5,054.30 per month $3,783.46 Principal & Interest $775.00 Property Tax $495.83 Homeowner's Insurance

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