Address
40 Village Point Lane, Monticello, KY
Price
$ 98,000
Property Attributes
- MLS#26023379
- TypeLand
- Listing Status Pending
- CountyWAYNE
- CityMonticello
- Area070 - Wayne County
- NeighborhoodCumberland Shores
- Zip42633
- StyleUnimproved Land
- Price$ 98,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.74 Acres
Data Source:
ImagineMLS
Property Description
The Ideal "Balance" Location - Seclusion vs. Access: While this property offers the peaceful, "away from it all" feeling that lake properties are prized for, it is positioned just north of Monticello, KY.Proximity to Conveniences: You won't have to sacrifice modern necessities. Local pharmacies, hardware stores, restaurants, and a Walmart Supercenter are nearby in Monticello, and the larger city of Somerset, KY, is an easy drive away for expanded shopping and medical services. - Boating and Outdoor Recreation Marina Access: For boat owners, Beaver Creek Marina is only 7 miles away, meaning you can go from your front door to having your boat in the water in about 10 to 15 minutes.Nature at Your Doorstep: The 3/4-acre lot size provides plenty of space to maintain privacy while incorporating a custom home layout. The lot highlights the ability to hike directly from your property down to the shoreline, which is perfect if your family enjoys exploring the woods or lakeside beach combing. Community Infrastructure & Aesthetics Underground Utilities: This is a major premium for a rural/lake community. Underground lines protect the neighborhood's scenic views from unsightly poles and wires. More importantly, it offers superior reliability during heavy winter weather or summer storms when falling tree branches frequently knock out above-ground power lines.Security: Being a gated community adds a layer of security, keeping traffic limited mostly to residents and invited guests, which is ideal if the property will serve as a secondary seasonal home. Protective Restrictions & Low OverheadSensible HOAs/Fees: At $425 per year, the maintenance fee is incredibly low for a gated community with underground utilities.Value Protection: The minor restrictions (minimum 1,500 sq. ft. build, no mobile homes, campers, junk cars, or livestock) are standard for protecting your long-term property value. They ensure that neighbors build high-quality permanent structures, keeping the community aesthetics high without being overly restrictive on your architectural freedom.
| Price History | |
|---|---|
| 8/27/2026 | Listed $98,000 |
General Features
| Utilities | Electricity Available,Water Available,Underground Utilities |
|---|---|
| Zoning | UR |
| Topography | Hilly,Wooded |
| Property Subtype | Unimproved Land |
| Current Use | Subdivision |
| Parcel Number | 036-10-01-040.00 |
| Elevation | 760 |
| County | Wayne |
| New Construction | No |
| Property Type | Land |
| Subdivision Name | Cumberland Shores |
| Possible Use | Residential |
| Status | Pending |
| Directions | Directions: From Monticello take West Hwy 92 to Hwy 789. Turn right onto Denny Ridge Road and on to Cumberland Shores Subdivision gates. Then once thru the gate the lot is on the right follow signs |
| City | Monticello |
| Disclosures | Restrictions |
| MLS Area | 070 - Wayne County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 32234.4 |
| Land Lease Y/N | No |
| MLS Area Minor | 070 - Wayne County |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Pending |
| MobileHomeRemainsYN | No |
| Senior Community | None |
| Heating@Core.Permissions | None |
| HeatingYN@Core.Permissions | None |
| Utilities_co_Electricity_sp_Available | True |
| Utilities_co_Underground_sp_Utilities | True |
| Water Body Access Y/N | None |
| Accessibility Features Y/N | None |
Exterior Features
| Lot Features | Wooded,Hilly,Waterfront |
|---|---|
| Lot Size Area | 0.74 |
| Lot Size Acres | 0.74 |
| Number of Lots | 1 |
| Crops Included Y/N | No |
| Irrigation Water Rights Y/N | No |
| ExteriorFeatures@Core.Permissions | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 42633
Price
Visits
Data last updated: September 28, 2026 2:32 AM UTC and updating occurs daily
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
