Listing provided courtesy of No Wake Real Estate- MLS# 25012518MLS Provider

5800 S Highway 27Somerset, KY 42501

Vacant Land · 18.31 Acres
$2,900,000 Active

5800 S Highway 27 Overview

Time on Site:
383 days
Visits:
2

Located directly off the busiest stretch of Highway 27 in Somerset and just across from the breathtaking shores of Lake Cumberland, this 18.31-acre tract offers one of the last remaining large-acreage development opportunities in the area. With unobstructed lake views and multiple points of ingress and egress, this property is ideal for a wide range of commercial and residential projects. Perfectly positioned for a boutique lakeview hotel or lodging (with zero existing lakeview accommodations in the area), retail, restaurants, storage, or mixed-use development, this land presents unmatched potential. The front 2-3 acres are ideal for immediate commercial use such as a hotel, with ample room behind for expansion, housing, or supporting businesses. Surrounded by multiple marinas, boat ramps, and minutes from downtown Somerset, this is a once-in-a-generation opportunity to build something iconic overlooking Lake Cumberland.

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5800 S Highway 27 Facts & Features

  • Type Vacant Land
  • Lot 18.31 Acres

Details

General

Location/Region

  • County Or Parish: Pulaski
  • MLS Area Major: 905 - Northeast Pulaski County
  • MLS Area Minor: 905 - Northeast Pulaski County
  • Subdivision Name: Rural

General Information

  • Parcel Number: 063-2-1-70
  • Possible Use: Residential
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Cleared,Level,Rolling Slope,Gentle Sloping
  • Lot Size Acres: 18.31
  • Lot Size Area: 18.31
  • Lot Size Square Feet: 797584.0
  • Lot Size Units: Acres

5800 S Highway 27 Neighborhood

Community

42501 (SOMERSET) Demographics

42
Median Age
82
Population Density (per sq. mile)
24%
College Educated
$34,945
Estimated Median Income
4,141
Estimated Total Home Owners
2,490
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5800 S Highway 27 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5800 S Highway 27 Market Data

Based on the last 30 days in this zip code

$280,102
Average List Price
$129
Average Price per Square Foot
14
Properties Sold
113
Average Days on Market
92
Properties for Sale
Calculations provided by Reliance Network

5800 S Highway 27 History

Date Event Value Agent
4/8/2026Source: Imagine MLS/Bluegrass Price Reduction
$2,900,000 -3.3%
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025