8588 Kentucky, Wellington, KY 40387

$350,000
: 1
BD
: 1
BA
: 700
SqFt

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List Price: $350,000
MLS#: 26029515
Status: ACTIVE
Type: Single Family Residential
Subtype: Single Family Residence
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Living Area: 700
Lot Size: 283,140

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Property Description

Cave Run Lake, Longbow Marina & Red River Gorge Opportunity! Location is the story here—6.5 surveyed acres positioned at Cave Run Lake, the boat docks and Longbow Marina, while also being on the Menifee County side of the Red River Gorge area. Keep the entire property for yourself as a private recreational retreat with a livable residence already in place or take advantage of the existing infrastructure and bring this former campground back to life! Tiny homes, cabins or glamping would also be a great fit. Previously known as Lost Hound Campground, the property featured 29 established campsites and a good internal road system extending from the gravel parking area approximately three-quarters of the way through the property. Sites toward the front are better suited for RVs and campers, while the wooded rear portion is ideal for tents and smaller pop-up campers. When operational, each site featured a wooden platform with railing and the current owners have spent years cleaning, repairing and removing structures that were beyond repair. Most importantly, you don't have to start from scratch—the property includes a livable, nicely updated 1980 12x48 single-wide with 1 bedroom and 1 bathroom, new windows, heat, water heater, insulation, 200-amp electrical service, window AC unit, flooring, fresh paint and a covered front porch. There is also a detached 25x31 garage/shop with 12-foot sidewalls, approximately 14 feet at the center and two manual roll-up doors, plus a separate storage shed. A major asset is the existing commercial septic system designed for a 30-unit RV park with 1,200 gallons per day and a 1,200-gallon waste flow, consisting of three 1,000-gallon concrete septic tanks plus a separate 1,000-gallon dump tank and two dump stations.. Additional infrastructure includes a below-grade concrete bathhouse structure with its own 200-amp electrical service, water and septic connections. The bathhouse was formerly the lower level of a store/restaurant that was lost to fire. The front campsites previously had electric service, which has not been operational since the structure burned. With Cave Run Lake, boating, fishing, Longbow Marina and the outdoor recreation of the Red River Gorge area nearby, the possibilities here are hard to ignore. Create your own private getaway with room for family, friends, campers, boats and all the toys or launch a new campground and capitalize on a location surrounded by some of Eastern Kentucky's most popular outdoor recreation destinations. Acreage, a livable residence, shop space, 29 established campsites and significant campground infrastructure are already here—the next chapter is yours.