Welcome to Fox Chase Estate, a premier Lake Cumberland area $1,975,000

Acreage For Sale near Lake Cumberland

Welcome to Fox Chase Estate, a premier Lake Cumberland area development offering an exceptional turnkey residential investment with immediate revenue potential and substantial long-term upside. This property includes 70+/- fully developed, shovel-ready lots averaging approximately one acre in size, complete with road infrastructure and utilities already in place.70+/- acres Multiple homesites are available within Fox Chase, presenting a unique opportunity for builders, investors, or buyers seeking flexibility in design and placement. The community's upscale standards and cohesive architectural style create long-term value and strong curb appeal throughout the development. 70+/- build-ready lots with infrastructure including paved roads, utilities and clubhouse in place. Please note that the contiguous 272+/- acres are also available for sale. This area is ideally positioned with an abundance of paved county road frontage and access to utilities, for future development if desired. The existing lots are fully improved with city water, electric, and established road infrastructure already in place, allowing a new owner to focus on marketing, lot absorption, and future development phases rather than significant upfront infrastructure costs. The remaining acreage presents outstanding flexibility for continued residential development, a mixed-use concept, or a thoughtfully designed master-planned community. Fox Chase offers substantial existing infrastructure and community improvements already in place, including: 70+/- build-ready residential lots with utilities installed City water and electric service throughout the developed phase Established road systems and access infrastructure Approximately 2,500 feet of Highway 90 frontage for potential commercial development consideration Conveniently located between Somerset and Monticello, this property places you in the heart of Kentucky's premier outdoor recreation destination. Lake Cumberland is renowned for its deep, clear water, world-class striped bass fishing, and more than 1,200 miles of shoreline, offering endless opportunities for boating, fishing, water sports, kayaking, and waterfront dining. Several public boat launches are conveniently located nearby, including General Burnside Island State Park, which features a multi-lane public launch providing easy access to the lake, as well as Lake Cumberland State Park Boat Ramp and U.S. Army Corps of Engineers Halcombs Landing Boat Ramp. Outdoor enthusiasts will appreciate nearby Lake Cumberland State Resort Park and General Burnside Island State Park, offering hiking trails, camping, golf, wildlife viewing, and scenic overlooks. General Burnside is Kentucky's only island state park and is known for its award-winning golf course, campground, marina access, and excellent fishing opportunities. Popular local destinations include Wolf Creek Marina, Safe Harbor Burnside, and Conley Bottom Campground, which provide marina services, boat rentals, waterfront dining, and access to some of the lake's most scenic coves. Additional attractions include Pulaski County Park with beaches, trails, mountain biking, and lake access, the historic Old Lake Cumberland Railroad Tunnel, and the famous Cumberland Falls, often called the Niagara of the South, located within an easy drive of the property. Whether your interests include boating, fishing, hiking, golf, hunting, or simply enjoying the beauty of the outdoors, this exceptional location offers year-round recreation and access to some of Kentucky's most treasured natural attractions. This is a rare opportunity to acquire an established lake-area community in a single transaction with both immediate cash flow potential and significant future appreciation. By strategically selling the existing developed lots individually, a new owner has the opportunity to recover a substantial portion of the acquisition basis early while retaining control of the remaining large-scale development acreage for future p