Escape to the water with this rare opportunity on highly desirable Little Bear Bay! This just-under-1-acre waterfront property offers a partially level lot with endless potential—perfect for building your dream home, additional cabin, or shop. Enjoy direct water access with a new covered boat slip featuring a deck on top, ideal for relaxing, entertaining, or soaking in the views. The property currently includes a cozy, well-maintained 1-bedroom, 1-bath cabin, making it a great weekend getaway or temporary residence while you build. Whether you’re looking for a private retreat or an investment in a prime waterfront location, this property delivers space, versatility, and unbeatable access to the lake lifestyle. Close to the MOORS RESORT and Cedar Hill Market, making everything you could need right at your fingertips!!
Sold for $481,000
$481,000
72 Port Ln, Gilbertsville, KY 42044
1beds
--sqft
Single Family Residence
Built in 1950
0.95 Acres Lot
$483,100 Zestimate®
$--/sqft
$999 Estimated rent
Home value
$483,100
Estimated sales range
Not available
$999/mo
Zestimate® history
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$2,322/mo
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Zillow last checked:
Listing updated:
Listed by:
Lenny Powley 270-210-0073,
LP Real Estate Services LLC
Bought with:
Mary Buchanan, 196042
Elite Realty
Source: Imagine MLS,MLS#: W136294
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has basement: No
Interior area
- Total structure area: 0
- Finished area below ground: 0
Property
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.95 Acres
Details
- Parcel number: 620A0005700M00
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Block
- Roof: Dimensional Style,Shingle
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Gilbertsville
Financial & listing details
- Tax assessed value: $200,000
- Annual tax amount: $2,000
- Date on market: 4/1/2026
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Sold | $481,000-8.4% |
Source:  Imagine MLS #W136294 Report a problem | ||
| 4/2/2026 | Listed for sale | $525,000 |
Source: WKRMLS #136294 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,000 -3.4% | $200,000 |
| 2023 | $2,070 +37.3% | $200,000 +42.9% |
| 2022 | $1,508 -1.2% | $140,000 |
| 2021 | $1,527 -0.7% | $140,000 |
| 2020 | $1,538 0% | $140,000 |
| 2019 | $1,539 -1.8% | $140,000 -1.4% |
| 2018 | $1,567 -0.1% | $142,000 |
| 2017 | $1,568 -0.2% | $142,000 |
| 2016 | $1,571 -0.5% | $142,000 |
| 2015 | $1,579 +0.2% | $142,000 |
| 2014 | $1,576 +24.3% | $142,000 +3.3% |
| 2010 | $1,268 | $137,500 |
Find assessor info on the county website
Neighborhood: 42044
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Nearby schools
GreatSchools rating
- 6/10Central Elementary SchoolGrades: PK-5Distance: 5.5 mi
- 8/10North Marshall Middle SchoolGrades: 6-8Distance: 6.8 mi
- 7/10Marshall County High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Central
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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