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  • $1,700,000

    1024 Paradise Dr, Murray, KY 42071

    --beds
    --baths
    7.33Acres
    Unimproved Land
    Built in ----
    7.33 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Kentucky Lake Legacy Opportunity | Where Memories Were Made… and Fortunes Can Be Built Tucked into the rolling hillsides overlooking the main channel of Kentucky Lake, just off Snipe Creek at mile marker 46.5, lies one of the most rare waterfront opportunities to hit the market in years. For generations, this property was known as Paradise Resort—a place where summer love stories began, children learned to swim, families returned year after year, and sunsets became traditions. Since 1951, this shoreline has held laughter, boat wakes, bonfires, and memories that lasted lifetimes. Now… it waits for its next chapter. Today, reimagined as The Villas at Marker 66, this 7.33-acre waterfront estate offers the chance for a visionary investor, developer, or family legacy buyer to create something extraordinary once again. What Awaits: 7.33 waterfront acres Approx. 500 feet of shoreline frontage 30-slip marina (26 covered / 4 uncovered) Rare deeded permanent easement with beach & recreation area Historic fountain within easement area once used as a minnow retainer Two villas already underway and 60%+ complete Multiple panoramic building sites with sweeping lake views Potential for 12 additional villas (subject to approvals) Even greater expansion possibilities with private sewer package plant Existing Villas: Smaller Villa 2 Bedrooms | 2 Baths Kitchen + Living Area Multiple decks with water views Larger Villa 4 Bedrooms | 2 Baths Upper & lower recreation areas Multiple decks overlooking the lake The Vision: Create a boutique waterfront resort. Build a family compound. Develop luxury rentals. Craft a destination where the next generation gathers, celebrates, and returns year after year. This was once a resort lover’s dream. Now it’s an investor’s dream. Come discover what paradise could look like again on Kentucky Lake.
    127 days
    246
    5

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Glenda Ritchie 270-562-1201,

    1st Realty Group,

    Traci Markum,

    1st Realty Group

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3181164MLS Logo

      Facts & features

      Interior

      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Features
      • Pool features: Association
      • Has view: Yes
      • View description: Lake, Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Pond, Year Round Access
      Lot
      • Size: 7.33 Acres
      • Dimensions: 7.33 Acres
      • Features: Private, Views
      • Topography: Private,Views
      Details
      • Parcel number: 10000018
      • Zoning: tva,
      • Special conditions: Standard

      Utilities & green energy

      • Water: Well

      Community & HOA

      Community
      • Subdivision: Paradise
      HOA
      • Has HOA: No
      • Amenities included: Boat Dock, Park, Pool
      Location
      • Region: Murray

      Financial & listing details

      • Tax assessed value: $1,000,000
      • Annual tax amount: $9,300
      • Date on market: 4/23/2026
      • Inclusions: Land And Buildings
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/23/2026Listed for sale$1,700,000+47.2%
        Source: RealTracs MLS as distributed by MLS GRID #3181164 Report a problem
        5/30/2006Sold$1,155,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,300 +1.2%$1,000,000
        2024$9,190 -2.8%$1,000,000
        2023$9,450 -17.5%$1,000,000 -16.7%
        2022$11,460 -1.8%$1,200,000
        2021$11,676 +6.1%$1,200,000
        2020$11,003 $1,200,000
        2019$11,003 +3.2%$1,200,000
        2018$10,658 +8.1%$1,200,000 +3.9%
        2017$9,864 $1,155,000
        2016$9,864 +1.1%$1,155,000
        2015$9,760 +7.5%$1,155,000
        2011$9,078 $1,155,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 42071

        Getting around

        0 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: East Elementary School
        • Middle: Calloway County Middle School
        • High: Calloway County High School

        Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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