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Charming 3-Bedroom Ranch Home on 1.7 Acres Near Lake Cumberland

Posted on February 4, 2026 By admin No Comments on Charming 3-Bedroom Ranch Home on 1.7 Acres Near Lake Cumberland

Welcome to a unique real estate opportunity in south-central Kentucky, where location, land, and long-term potential come together. Located at 105 Albert Bell Road in Albany, KY, this 3-bedroom, 1-bath ranch-style home sits on a 1.70-acre lot offering outstanding road frontage and close proximity to one of Kentucky’s most sought-after recreational destinations—Lake Cumberland. Whether you are an investor, first-time homebuyer, or searching for a vacation or retirement property near the lake, this property deserves serious consideration.

This property is being offered at an Absolute Online Auction, meaning it will sell to the highest bidder regardless of price. Online-only bidding is open now and will conclude on Thursday, February 19, 2026, at 6:00 PM Eastern Time. Full auction details and bidding access are available by searching remax-auctions dot com. Please note that the listed price is not an asking price and reflects the current PVA valuation only; it does not represent a minimum or reserve price.

Property Overview

The home offers approximately 1,104 square feet of living space with a classic single-level ranch layout designed for functionality and ease of living. Featuring three bedrooms and one full bathroom, the floor plan provides a solid foundation that can be updated to suit a variety of needs. The one-level design is especially appealing for buyers seeking accessibility, convenience, and long-term livability.

The property is in need of renovations, presenting an excellent value-add opportunity. Buyers can modernize the interior, update finishes, and enhance overall appeal—making this an attractive option for investors, renovators, or buyers looking to customize a home to their taste. The renovation potential also makes this property well-suited for rental income or resale in the desirable Lake Cumberland market.

Land, Frontage, and Access

A standout feature of this property is its exceptional road frontage. The parcel offers nearly 600 feet of blacktop frontage along KY-588, along with additional frontage on Albert Bell Road. This dual-road access enhances visibility, accessibility, and long-term flexibility for future use.

The 1.70-acre lot provides ample outdoor space for a wide range of possibilities, including gardening, recreation, storage, or future improvements. The mostly open terrain allows for easy maintenance while still offering privacy and room to expand.

A detached equipment shed is already on the property, providing valuable storage for tools, lawn equipment, recreational gear, or lake-related items. This feature adds immediate functionality and appeal, particularly for buyers planning renovations or outdoor use.

Driveway access from both roadways ensures convenient entry and exit, while the blacktop frontage provides reliable, year-round accessibility—ideal for full-time residents, renters, or vacation homeowners.

Ideal Uses and Buyer Appeal

Thanks to its location, land size, and auction format, this property is well-suited for a variety of buyers:

Starter Home: An affordable primary residence with renovation potential

Rental Property: Strong appeal for long-term or short-term rental use near Lake Cumberland (subject to local regulations)

Vacation Home: Ideal as a weekend getaway or seasonal retreat

Retirement Property: Single-level living in a quiet rural setting

Investment Opportunity: Absolute auction, value-add potential, and desirable location

Location Highlights – Near Lake Cumberland

Location is one of this property’s strongest assets. The home is approximately 7 miles from Marina Rowena, a popular access point for boating, fishing, and water recreation on Lake Cumberland. It is also just 5 miles from 76 Falls, a well-known local attraction for outdoor enthusiasts.

Lake Cumberland is renowned for its expansive shoreline, clear waters, and year-round recreational opportunities, including boating, fishing, hiking, and sightseeing. Properties within close proximity to the lake offer both lifestyle benefits and strong rental demand.

Albany, Kentucky, the county seat of Clinton County, provides essential services, local shopping, dining, and community amenities. The surrounding area is known for its scenic countryside and relaxed pace of life, appealing to both full-time residents and seasonal visitors.

Renovation Potential and Value Opportunity

While updates are needed, this property offers buyers the freedom to renovate according to their own vision and budget. Improvements such as updated flooring, kitchen and bathroom upgrades, energy-efficient windows, and exterior enhancements could significantly increase value and marketability.

For investors, this presents an opportunity for equity growth through renovation, rental income, or resale. For owner-occupants, it’s a chance to create a personalized home in a desirable location near Lake Cumberland.

Auction Details and Important Notes

Auction Type: Absolute Online Auction (No Reserve)

Bidding: Online-only

Auction Close Date: Thursday, February 19, 2026

Closing Time: 6:00 PM Eastern Time

Auction Platform: Search remax-auctions dot com

The price shown in any listing or advertisement is not an asking price and should not be interpreted as a minimum or reserve.

Why This Property Stands Out

Opportunities offering acreage, significant road frontage, and close proximity to Lake Cumberland are increasingly rare—especially at absolute auction. The combination of land, location, renovation potential, and flexible use makes this property a compelling opportunity.

Whether you’re looking to invest, renovate, retire, or enjoy life closer to the lake, 105 Albert Bell Road, Albany, Kentucky offers exceptional potential. With convenient online bidding, buyers can participate from anywhere and compete confidently for this unique property.

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