LOT # 958 445 ELK LAKE RESORT RD Owenton KY 40359

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LOT # 958 445 ELK LAKE RESORT RD

Owenton, KY 40359

Suburb: Owenton

$75,000

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Under Contract

LOT # 958 445 ELK LAKE RESORT RD - MLS# 618660

# 958... wOw !! 130' APPR OF SHORELINE...LARGE DOCK + PARTY SPACE/COVERED DECK & More. + FLAT AREA TO ENJOY +WATERFRONT .5 of an acre # 958 ..for now...or expand later. Call 1st- You Must have an Appt...>> Great DOCK on the WATER... ... you will have access to a 240 Acre Lake for Skiing, Boating, Swimming, Kayak, Canoe, Bird Watching, Hiking. Community is Close to Elk Creek Vineyards. Come to Elk Lake all year long.... Gated Community MUST HAVE APPOINTMENT so call ahead.. .. :........................................................................... Initiation fee at closing $3500............................................................. Annual Dues $ 1500. / Gated / Must have appointment .

Directions

ELK LAKE IS LOCATED 1 MILE EAST OF ELK CREEK VINEYARDS.

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Property Details

General Information

Property Type	Land
Style	Resort Lot
Suburb	Owenton
County	Owen
Zip Code	40359
School District	Owen Co Public
MLS#	618660

Features

Total Acres	0.5
Lot Dimensions	Pie Shaped WATERFRONT & Docks + 13' Shoreline
Water	Public
Sewer	Septic Needed
Semi-Annual Taxes

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If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

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The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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