265 Lost Lodge Rd - Commercial LAND FOR SALE


Somerset, KY 42501 544,500 SF
$1,450,000 USD
614-450-2510
265 Lost Lodge Rd, Somerset, KY for Sale
$1,450,000 USD
Commercial LAND - FOR SALE
1/9
544,500 SF

265 Lost Lodge Rd
Somerset, KY 42501


HIGHLIGHTS

  • De-Risked Structural Arbitrage
  • Massive Regional Tourism Funnel
  • Unrivaled Logistical Access (The U.S. 27 Edge)
  • Proximity to Institutional Macro-Windfalls
  • Segmented, Phase-Ready Layout
  • Immediate 1.44-Acre Densification Engine

OVERVIEW

The Lost Lodge Arbitrage Opportunity: This offering represents an institutional play to bypass the "foundational friction" of ground-up development. At an acquisition price of $1,450,000, investors acquire a heavily de-risked structural footprint featuring 18 existing independent structures with active utilities—entirely skipping the multi-year timelines required for raw land grading, permitting, and core utility installation. Contiguous Multi-Parcel Composition: The 12.5-acre property spans two contiguous tax parcels (APN 063-6-1-15 and APN 063-6-1-14) in Pulaski County, Somerset, KY. Logistically unified under the parent street address of 265 Lost Lodge Rd, the infrastructure and roads naturally cross these parcel lines, allowing the entire asset portfolio to be managed from the central logistical core. Segmented Layout for Phased Redevelopment: The resort features a highly functional layout split into separate zones: a high-density Northern Cluster (Cabins 1–12), a Central Logistical Anchor (Office & Primary Home), and a spacious, lower-density Southern Loop (Cabins 14–16 & RV Pads). This footprint allows an investor to execute phased renovations or expansion strategies without causing operational interference to ongoing revenue-generating units. Built-In Logistics for Heavy Vehicles: The property boasts an engineered 40.0' Right-of-Way looping central road that natively supports one-way continuous flow. This layout accommodates the necessary turning radiuses for Class A motorhomes, luxury tour coaches, and heavy modular construction transport, while comfortably bypassing the restrictive lakefront backroads that bottle-neck competitor sites. High-Margin Value-Add Pathways: The asset's current utility load capacity, independent cabin configurations, and mature woodland canopy perfectly support three immediate highest-and-best-use (HBU) pathways: Strategy I: Clinical Retrofitting into a year-round Medical Wellness Resort, converting the office into a secure intake checkpoint, the cabins into biometric recovery suites, and the central acreage into a premier medical spa. Strategy II: Boutique Expansion by deploying zero-impact micro-cabins within the 1.44-acre central "White Space" (Common Area A) and extending the perimeter RV loop to capture premium outdoor hospitality metrics. Strategy III: Condominium Subdivision to split the 16 independent cabins into distinct deeded or fractional-ownership units for rapid equity liquidation within a 3-to-6-month timeline. Strong Macro-Economic Tailwinds: Situated directly adjacent to Highway 27, the property functions as a high-value funnel for the 4,000,000+ annual visitors to Lake Cumberland. Area hospitality performance is on a aggressive upward trajectory, heavily boosted by multi-million dollar regional public-private investments including expansions at Burnside Island and the landmark Horse Soldier Farms distillery project. Transaction Protocol: The property is offered strictly on an "As-Is, Where-Is" basis. A fully organized, secure digital data room containing structural audits, tax maps, utility load thresholds, and comprehensive spatial matrices is available for qualified purchasers at

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/ACRE

$116,000/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

The Lost Lodge Adaptive Reuse Portfolio

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Hospitality, Health Care, Health Club, Manufactured Homes/Mobile Home Park, Single Family Development

LAND ACRES

12.5 AC

LAND SF

544,500 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

-

APN/PARCEL ID

063-6-1-14,063-6-1-15

ASK ABOUT THIS PROPERTY

Priyanshu AdathakkarOwnerland Realty IncMore Info
614-450-2510

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Priyanshu AdathakkarOwnerland Realty IncMore Info
614-450-2510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.