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$1,700,000
New Listing

1024 Paradise Dr
Murray, KY 42071

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
1,000
SqFt
$1,700
/SqFt
1954
Built
County:
Calloway
Call Now: 615-499-6827
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615-499-6827
1024 Paradise Dr1024 Paradise Dr1024 Paradise Dr1024 Paradise Dr
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Formerly known as The Villas at Marker 48, this premier waterfront resort property is nestled within 100 feet of beautiful Kentucky Lake, ideally situated between Snipe Creek and Blood River. This property offers the chance to open and expand a waterfront resort with many possibilities. Situated on 7.33 acres with approximately 500 feet of shoreline, the property provides direct access to some of the area's finest boating, fishing and recreational waters. Guests and owners can enjoy a variety of on-site amenities, including a sandy beach area, volleyball court, kayaking opportunities, and a swimming pool, creating the perfect environment for relaxation and outdoor adventure. A major asset of the property is its 30-slip marina, featuring 26 covered slips and 4 uncovered slips along with a fish cleaning station. The marina offers an established, income producing component from day one, allowing a new owner to generate revenue while completing and expanding the remainder of the development. Adding to the property's potential, two villas have already been started and are under roof, providing a head start for future development. With ample room for additional villas, amenities, or other resort enhancements, the property is well-positioned for significant growth and increased revenue opportunities. Whether envisioned as a vacation rental destination, waterfront resort, or expanded mixed use development, The Villas at Marker 48 offers waterfront beauty, existing infrastructure, income potential and development opportunity on one of Kentucky Lake's most desirable locations.

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Listing Snapshot
Price 
$1,700,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
7.33 Acres
Year Built 
1954
MLS Number 
3631551
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing first seen on site
3 hours agoListing updated with changes from the MLS
General Features
Acres 
7.33
Property Sub Type 
Mixed Use
Special Circumstances 
Standard
SqFt Total 
1000
Zoning 
Commercial
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Listing courtesy of The Stables Realty Group Wendy Bass

Listings courtesy of Realtracs as distributed by MLS GRID



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Neighborhood & Commute
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