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5646 New Drive Melbourne, KY $ 975,000
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$ 975,000 Get more info
5646 New Drive
$ 975,000
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Share Save

5646 New Drive

Melbourne, KY, 41059
$ 975,000
Bedrooms3 Baths2.0 Sq 1,400

Monthly Estimate*

$ 6,003

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View a Virtual Tour

Single Family Home for sale in Melbourne, KY

for $975,000 with 3 bedrooms and 2 full baths. This 1,400 square foot home was built in 1993 on a lot size of 23.3.

WELCOME TO MARTZ COTTAGES ON THE RIVER.... located just past Pendery Park in Melbourne Ky...sitting on 23.3 acres of prime investment- Has been family managed for over 40+years with some tenants residing over 20 years. This is a Diamond in the Rough. Well managed and shows a great investment but could be Much- Much-Much More...with some expanding of facilities; there is room to add more cottages & RV Lots- 10acres of River front could be utilized as well. All cottages and RV/Mobile Home lots. are rented at this time & require notice to view- All sites are tied to Public Water & have septic. Please contact listing agent to set appts. This Mobile Home is in excellent Condition and sits on an amazing site within '' Martz Cottages '' Great way to add income, this home has not been part of rental but lived in by Seller's parent. Now being offered as part of Cottage Investment. The front porch offers a view of the entire community with great yard space, a large two car detached garage and storage shed. The home offers Cathedral ceilings, large rooms and move in ready decor. Laundry offers a walkout to rear yard. Electric HVAC. This unique opportunity could be used as your investment expands. You can live in and use as your Office/ Home or add to your Rental Income. The Mobile home has a separate Title and is being transferred as part of the 23 acre Cottage Investment - Is NOT being sold separately. See Commercial listing for Martz Cottages MLS#641207 at 4068 Fry Street, Melbourne, KY

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Single Family Pending

Price

$ 975,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Ranch

Lot Size

23.3

Year Built

1993

Town/City

Melbourne

County/Region

Campbell

MLS | Web ID

641204
Features
General
Living Area 1400.0
Sewer Septic Tank
Heating Heat Pump See Remarks Electric
Cooling Central Air See Remarks Zoned
Roof Composition
Garage Spaces 2.0
Patio/Porch Features Porch
Architectural Style Ranch
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding See Remarks Block
Full Baths 2
Half Baths 0
Year Built 1993
View Neighborhood
Levels One
Property Subtype Single Family Residence
Accessibility See Remarks
Additional Parcels Description 999-99-28-103.00
County Campbell
New Construction No
Property Type A
HOA No
Attached Garage No
Garage Y/N Yes
Other Structures Shed(s) Storage Garage(s)
Total Rooms 7
Status Pending
Directions I 275 or I 471 to Hwy US 27 (Alexandria Pike) to left on to KY-8 E/1998 (Industrial Road) to right onto Rt 8 (Mary Ingles Hwy) to left on Rumker Court just over RR Tracks to Martz Cottages straight a
High School Campbell County High
City Melbourne
School District Campbell Co Public
Zoning Description See Remarks Residential Agricultural
MLS Area K19 - Calif/Melb/Silv Grov
Lot Size Units Acres
Lot Size Square Feet 1014948.0
Elementary School Crossroads Elementary
Property Attached Y/N No
Home Warranty Y/N No
Middle/Junior High School Campbell County Middle School
Property Condition Existing Structure
MLS Area Minor K19 - Calif/Melb/Silv Grov
Virtual Tour https://player.vimeo.com/video/1179311438
Structure Type Modular
Standard Status Pending
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Interior
Interior Amenities Walk-In Closet(s) Pantry Double Vanity Chandelier Eat-in Kitchen Open Floorplan Cathedral Ceiling(s)
Kitchen Appliances Electric Range Washer Dryer Refrigerator
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Vinyl Frames
Fireplace Y/N No
Total Bathrooms 2.0
Laundry Features Laundry Room Main Level
Room Type Living Room Laundry Primary Bath Bedroom 3 Bedroom 2 Dining Room Primary Bedroom Kitchen
Total Baths 2
Total Bedrooms 3
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Exterior
Exterior Amenities Other
Vegetation See Remarks
Parking Features Garage Faces Front Garage Door Opener
Lot Features Cleared See Remarks
Water Source Public
Lot Size Area 23.3
Foundation Details See Remarks Block
Building Area Total 0.0
Lot Dimensions irregular
Lot Size Acres 23.3
Road Surface Type Gravel Paved
Road Frontage Type Private Road
Land Lease Type Fee
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* Excluded Features
List By
Sibcy Cline, Realtors-Cc

Broker

rorth@sibcycline.com

Email

Affordability Calculator

$6,003
Per Month
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Monthly Principal & Interest
$6,003
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3163357 Elementary School
3163342 Middle School
Campbell County High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/3/2026$975,000 Listed Price

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5646 New Drive, Melbourne, KY, 41059 is a Single Family Home for sale at $975,000 with 1,400 sqft and a lot size of 23.3. 5646 New Drive has 3 bedrooms, 2.0 baths, and was built in 1993. The property's zip code is 41059 which is in Melbourne, KY

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