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Investment Highlights

  • De-Risked Structural Arbitrage
  • Unrivaled Logistical Access (The U.S. 27 Edge)
  • Segmented, Phase-Ready Layout
  • Massive Regional Tourism Funnel
  • Proximity to Institutional Macro-Windfalls
  • Immediate 1.44-Acre Densification Engine

Executive Summary

The Lost Lodge Arbitrage Opportunity: This offering represents an institutional play to bypass the "foundational friction" of ground-up development. At an acquisition price of $1,450,000, investors acquire a heavily de-risked structural footprint featuring 18 existing independent structures with active utilities—entirely skipping the multi-year timelines required for raw land grading, permitting, and core utility installation.
Contiguous Multi-Parcel Composition: The 12.5-acre property spans two contiguous tax parcels (APN 063-6-1-15 and APN 063-6-1-14) in Pulaski County, Somerset, KY. Logistically unified under the parent street address of 265 Lost Lodge Rd, the infrastructure and roads naturally cross these parcel lines, allowing the entire asset portfolio to be managed from the central logistical core.
Segmented Layout for Phased Redevelopment: The resort features a highly functional layout split into separate zones: a high-density Northern Cluster (Cabins 1–12), a Central Logistical Anchor (Office & Primary Home), and a spacious, lower-density Southern Loop (Cabins 14–16 & RV Pads). This footprint allows an investor to execute phased renovations or expansion strategies without causing operational interference to ongoing revenue-generating units.
Built-In Logistics for Heavy Vehicles: The property boasts an engineered 40.0' Right-of-Way looping central road that natively supports one-way continuous flow. This layout accommodates the necessary turning radiuses for Class A motorhomes, luxury tour coaches, and heavy modular construction transport, while comfortably bypassing the restrictive lakefront backroads that bottle-neck competitor sites.
High-Margin Value-Add Pathways: The asset's current utility load capacity, independent cabin configurations, and mature woodland canopy perfectly support three immediate highest-and-best-use (HBU) pathways:
Strategy I: Clinical Retrofitting into a year-round Medical Wellness Resort, converting the office into a secure intake checkpoint, the cabins into biometric recovery suites, and the central acreage into a premier medical spa.
Strategy II: Boutique Expansion by deploying zero-impact micro-cabins within the 1.44-acre central "White Space" (Common Area A) and extending the perimeter RV loop to capture premium outdoor hospitality metrics.
Strategy III: Condominium Subdivision to split the 16 independent cabins into distinct deeded or fractional-ownership units for rapid equity liquidation within a 3-to-6-month timeline.
Strong Macro-Economic Tailwinds: Situated directly adjacent to Highway 27, the property functions as a high-value funnel for the 4,000,000+ annual visitors to Lake Cumberland. Area hospitality performance is on a aggressive upward trajectory, heavily boosted by multi-million dollar regional public-private investments including expansions at Burnside Island and the landmark Horse Soldier Farms distillery project.
Transaction Protocol: The property is offered strictly on an "As-Is, Where-Is" basis. A fully organized, secure digital data room containing structural audits, tax maps, utility load thresholds, and comprehensive spatial matrices is available for qualified purchasers at

Data Room Click Here to Access

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Hospitality
  • Healthcare
  • Health Club
  • Manufactured Homes or Mobile Home Park
  • Single Family Development
Total Lot Size 12.50 AC

1 Lot Available

Lot

Lot Size 12.50 AC

Land: 12.5 secluded acres with a 40' ROW loop road. Cabins: 16 independent 1 & 2-story units. RV Pads: 4 operational sites (1,692–1,892 sq ft). Core: 1 lodge office/paved loop & 1 primary home. Infill: 1.44-acre undeveloped central "white space."

Description

Unlocking the "Lost Lodge Arbitrage" Traditional ground-up hospitality and specialty developments are increasingly paralyzed by foundational friction—compounding labor costs, volatile zoning delays, and the physical inertia of heavy site preparation. The Lost Lodge Adaptive Reuse Portfolio presents a sophisticated institutional play to entirely bypass these high-friction development phases. For the strategic investor, this transaction represents a de-risked structural arbitrage. The $1,450,000 acquisition price does not merely purchase land; it secures an established operational "Baseline" consisting of 12.5 secluded acres, 16 rental cabins, 4 RV pads, and a single-family primary home with a centralized logistics center. While competitors are mired in years of utility trenching and vertical permitting, this asset allows for an immediate transition into Adaptive Retrofitting, collapsing your timeline to positive cash flow by years. Three Execution Pathways to High-Velocity Yield: 1. Strategy I (Medical Wellness Compound): Convert the estate into a high-margin, year-round specialized clinical recovery resort or luxury medical spa. 2. Strategy II (Premium Outdoor Hospitality): Execute an ESG-compliant "invisible densification" plan by adding zero-impact micro-cabins to the 1.44-acre central "White Space" and extending the premium RV loop. 3. Strategy III (Accelerated Condo Conversion): Formally subdivide the 16 independent cabins into individual deeded vacation condos for rapid, immediate equity liquidation within 3–6 months. Property Specifications & Infrastructure Breakdown Total Land Footprint - 12.5 Secluded Acres with varied, usable natural topography Existing Cabins - 16 Structural Units (Mix of 1-story and 2-story brick/frame units) Current RV Infrastructure - 4 Operational Pads (Units 20–23) mapped at 1,692 to 1,892 sq. ft. each Primary Residence - 1 Single-Family Home integrated adjacent to support outbuildings Logistical Anchor - 1 Centralized Lodge Office with a paved entry loop and utility access Central Right-of-Way - 40.0' wide engineered roadway loop natively supporting heavy vehicular flow Development "White Space" - 1.44 Acres of contiguous, undeveloped open central core land

Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 063-6-1-15
  • 063-6-1-14
Land Assessment
$645,653 CAD
Improvements Assessment
$0 CAD
Total Assessment
$645,653 CAD
  • Listing ID: 40570601

  • Date on Market: 2026-05-18

  • Last Updated:

  • Address: 265 Lost Lodge Rd, Somerset, KY 42501

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