15039 KY HWY 196, Nancy, KY 42544 (MLS# 23004880)

15039 KY HWY 196, Nancy, KY 42544

$700,000

Property Type: Farm Bedrooms: 3 Baths: 1 Square Footage: 1,627 Lot Size (sq. ft.): 3,903,847 Status: Closed

Current Price: $700,000 List Date: 3/21/2023 Last Modified: 9/04/2025

Overview

Description

PRIME LAKE FRONT DEVELOPMENT PROPERTY ON THIS oustanding lake property located in the Jabez area of Wayne County. Property fronts on KY HWY 196 and affords almost 1 mile of Corp of Engineers boundary to beautiful Lake Cumberland. Abounding lake views alond this spectacular Corp line. Several areas on high cliff above the lake. The lake location of this property is just around the bend from Conley Bottom Resort and Cumberland Point Recreation area. This property has appx 15 acres of cleared pasture land in the center of the property that is surrounded by 75 acres of forest land. Older farm house on property that has 1600 sq ft. House is still livable and could be renovated into a beautiful farm house. THe house on the poperty is selling AS-IS.

Listing Details MLS# 23004880

Listing Information

Comp Sale YN: No
Property Sub Type: Farm

Status Change Information

Status Change Timestamp: 2023-09-14
Purchase Contract Date: 2023-07-18
Close Date: 2023-09-12
Close Price: 700000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Wayne
Street Number: 15039
Street Name: KY HWY 196
State: KY
Zip Code: 42544
Parcel Number: 048-00-00-00-7.00

Contract

Original List Price: 959000
Start Showing Date: 2023-03-21
Listing Contract Date: 2023-03-20
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/Acre: 10700.74
List Price/SqFt: 589.43
Sold Price/Acre: 7810.76
Sold Price/SqFt: 430.24
SP/LP: 0.73

Tax Legal

MLS Area Major: 070 - Wayne County
Subdivision Name: Rural
High School District: Pulaski County - 45

Interior

Bedrooms Total: 3
Bathrooms Total: Yes
Bathrooms Full: Yes
Above Grade Finished Area: 1627
Living Area: 1627
Below Grade Finished Area: 0

More Information

Building

Year Built: 9999

Lot

Lot Size Source: Public Records
Lot Size Acres: 89.62
Lot Size Square Feet: 3903847
Lot Size Dimensions: 89.62 ac
Conservation Easement YN: No
View YN: Yes

Remarks

Public Remarks: PRIME LAKE FRONT DEVELOPMENT PROPERTY ON THIS oustanding lake property located in the Jabez area of Wayne County. Property fronts on KY HWY 196 and affords almost 1 mile of Corp of Engineers boundary to beautiful Lake Cumberland. Abounding lake views alond this spectacular Corp line. Several areas on high cliff above the lake. The lake location of this property is just around the bend from Conley Bottom Resort and Cumberland Point Recreation area. This property has appx 15 acres of cleared pasture land in the center of the property that is surrounded by 75 acres of forest land. Older farm house on property that has 1600 sq ft. House is still livable and could be renovated into a beautiful farm house. THe house on the poperty is selling AS-IS.

Land Details

Farm With House YN: Yes
Number Of Fields: 5

Other Structures Info

Number Of Horse Barns: Yes

Showing Information

Showing Instructions: Call listing agent Rick Barker ar 606-678-4865

Tax & Legal

Elementary School: Nancy
Middle Or Junior School: Southern
High School: Southwestern
Directions: W Hwy 80 out of Somerset to Nancy, ky. Left onto KY 196 at the Triangle Rest. On apx 12 mile to Jabez and at Harris Grocery continue left on Ky 196. The property is 3 miles out on the left.

Utilities

Electricity Available: Yes

Architectural Style

Craftsman: Yes

Fencing

Wire: Yes

Horse Amenities

Hay Storage: Yes

Levels

Two: Yes

Lot Features

Gentle Sloping: Yes

Sewer

Septic Tank: Yes

Structure Type

House: Yes

View

Lake: Yes
Mountain(s): Yes
Rural: Yes
Trees/Woods: Yes
Water: Yes

Water Source

Public: Yes
Spring: Yes
Well: Yes

Current Use

Cattle: Yes

Possible Use

Recreational: Yes
Residential: Yes

Farm Improvements

Auto Waterers: Yes
Stock Barn(s): Yes

Housing

Main: Yes

Possession Auxiliary Dwelling

Close Of Escrow: Yes

Possession Farm Land

Close Of Escrow: Yes

Possession Main House

Close Of Escrow: Yes

Showing Requirements

Call Listing Agent: Yes
Show Anytime: Yes

Documents

Aerial Photo: Yes
Survey: Yes

Property Features

Utilities: Electricity Available; Electricity Available Architectural Style: Craftsman Current Use: Cattle Farm Improvements: Auto Waterers; Stock Barn(s) Fencing: Wire Horse Amenities: Hay Storage Housing: Main Levels: Two Lot Features: Gentle Sloping Possession Auxiliary Dwelling: Close Of Escrow Possession Farm Land: Close Of Escrow Possession Main House: Close Of Escrow Possible Use: Recreational; Residential Sewer: Septic Tank Structure Type: House View: Lake; Mountain(s); Rural; Trees/Woods; Water Water Source: Public; Spring; Well Showing Requirements: Call Listing Agent; Show Anytime Documents: Aerial Photo; Survey

Listing Office: Godby Realty & Auction

Last Updated: September - 04 - 2025

Information deemed reliable but not guaranteed.