1024 Paradise Dr Murray, KY $ 1,700,000
1024 Paradise Dr
$ 1,700,000
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1024 Paradise Dr

Murray, KY, 42071
$ 1,700,000
Bedrooms-- Baths-- Sq 2,232

Monthly Estimate*

$ 10,467

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View a Virtual Tour

Commercial Property for sale in Murray, KY

for $1,700,000. This 2,232 square foot building was built in 2025 on a lot size of 7.33.

.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.

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Commercial Active

Price

$ 1,700,000

Property Type

Commercial

Taxes

$ 0

Style

Unimproved Land

Lot Size

7.33

Year Built

2025

Town/City

Murray

County/Region

Calloway

MLS | Web ID

3179323

Features
General
Possession Close Of Escrow
Roof Metal
Zoning Commercial
Year Built 2025
Property Subtype Unimproved Land
County Calloway County KY
Property Type Commercial Sale
Status Active
Directions From Murray Take Hwy 94 East to Hwy 732 turn left. Turn Right on Paradise Drive. Property on Left
City Murray
Lot Size Units Acres
Property Attached Y/N N
Virtual Tour https://tour.giraffe360.com/6203f0bf71de4f4eb5406ce212841441/?lsf=1
Building Area Units Square Feet
Standard Status Active
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Exterior
Total Parking 0
Lot Size Area 7.33
Building Area Total 2232
Lot Size Acres 7.33
Lot Size Source Assessor
Waterfront Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
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Internal Only
Street Number 1 1024
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* Excluded Features
List By
1St Realty Group

Broker

kylakeproperty@aol.com

Email

Affordability Calculator

$10,467
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,467
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
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2026$1,700,000 Listed Price

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1024 Paradise Dr, Murray, KY, 42071 is a Commercial Property for sale at $1,700,000 with 2,232 sqft and a lot size of 7.33. 1024 Paradise Dr was built in 2025. The property's zip code is 42071 which is in Murray, KY