$19,500,000

25 Anderson Trail N

Whitesville KY, 42378

Description

Welcome to the sprawling 750 acre gated Lakewood Valley estate! This property is the result of years of diligently sought after and carefully crafted land that precisely met the owners' land topography specifications for the construction of a self-sustaining private lake to test hydroplanes. Now, over 30 years later, the owner has amassed one of the premier farms in the state of Kentucky containing three single family homes, a 60 acre lake (1 1/4 miles long), 8000 sq. ft. commercial building, and a tenant home that resides on nearly 400 acres of farmland. The farm is currently leased and gives the owner the advantages of agricultural status. The owner has created a series of paved/ gravel roads to increase the accessibility to all aspects property, including: an airplane hanger and runway, a regulation size pool, a sand volleyball court, two indoor squash courts, two tennis courts surrounded by a picnic pavilion, a frisbee golf course, hiking trails and plenty of grilling areas. This property simply has it all! The three residences hold an impressive combined total of 14 bedrooms, 14 baths, 6 half baths and garage space for 8 cars. The first and newest estate showcases solid cherry doors, trim and windows, Acacia wood floors, a master bath with heated marble floors, and a walkout lower level featuring a theater, gym, hot tub, and a generator that services the entire house. The second home contains a first floor master, three rooms upstairs, a walkout basement and a rear deck overlooking the picturesque lake. The third and primary lakeside residence is particularly architecturally stunning and features one of the most outstanding views the lake has to offer. The two story windows in the home flood the living room with light and perfectly encapsulate the beauty and harmony of the robust natural/ manmade landscape. The house itself features an open floor plan with second level skybridge to an office. The lower level walkout is perfect for entertaining as it features a wet bar and plenty of space to enjoy the scenery with family and friends. The possible uses for the property seem endless - a treatment center, corporate retreat, music venue, a golf resort, or simply a family farm. If desired, the property has been staked for the potential development of 220 additional lakefront homes. Future owners looking for a private retreat can take comfort in the fact that the property itself is only 20 minutes from Owensboro, KY and just 2 hours from two major cities/ airports - Louisville & Nashville. The commercial building contains with offices with fiber-optics, two squash courts, a workshop, and is currently leased to an engineering firm for $7,200 per month.

Details

MLS#1552236
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1988
Days On Site13

Features

Bed(s)14
Bath(s) 14 Full, 6 Half
SQ Feet27,000
Garage4
PoolYes
Story(s)1 Story
Acreage750.00

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Area Information

StateKY
CountyOhio
CityWhitesville
Zip Code42378
Area12-Other Counties
Listing VS Median (in 42378)
Price:
$19,500,000
low | high
Med:
$19,500,000
50% of Average
SqFt:
27,000
low | high
Med:
27,000
50% of Average
$ / SqFt:
$722
low | high
Med:
$722
50% of Average
On Site:
13
low | high
Med:
13
100% of Average
Listing Updated: 02/15/2020
MLS Number: 1552236
Listing Provided By:
John A Stough  of  Kentucky Select Properties