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Active
$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.
79 days
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208
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9
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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
      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.
      Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
      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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