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$975,000

For Sale

8 days ago

5646 New Dr, Melbourne, KY

House

MLS® 641204

3 Bed

2 Bath

1400 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1400 sqft
Garage Yes
Taxes 
Days Active 8
Lot Size 
Approx. Age 1993
Avg. Price Per Sqft $696
MLS® Number 641204

Property Address: 5646 New Dr, Melbourne, KY, 41059-9383

Average square foot calculated using Size range provided by listing agent.

Description

WELCOME TO MARTZ COTTAGES ON THE RIVER.... located just past Pendery Park in Melbourne Ky...sitting on 23.3 acres of prime investment- Has been family managed for over 40+years with some tenants residing over 20 years. This is a Diamond in the Rough. Well managed and shows a great investment but could be Much- Much-Much More...with some expanding of facilities; there is room to add more cottages & RV Lots- 10acres of River front could be utilized as well. All cottages and RV/Mobile Home lots. are rented at this time & require notice to view- All sites are tied to Public Water & have septic. Please contact listing agent to set appts. This Mobile Home is in excellent Condition and sits on an amazing site within '' Martz Cottages '' Great way to add income, this home has not been part of rental but lived in by Seller's parent. Now being offered as part of Cottage Investment. The front porch offers a view of the entire community with great yard space, a large two car detached garage and storage shed. The home offers Cathedral ceilings, large rooms and move in ready decor. Laundry offers a walkout to rear yard. Electric HVAC. This unique opportunity could be used as your investment expands. You can live in and use as your Office/ Home or add to your Rental Income. The Mobile home has a separate Title and is being transferred as part of the 23 acre Cottage Investment - Is NOT being sold separately. See Commercial listing for Martz Cottages MLS#641207 at 4068 Fry Street, Melbourne, KY
MLS® Number641204
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1993
Basement
DrivewayGarage Door Opener, Garage Faces Front
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 3, 2026List Date
$975,000List Price
  • Commute

Commute

Starting Address
Destination Address
5646 New Dr, Melbourne, KY

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