$975,000

5646 New Drive, Melbourne, KY 41059

  • 3 beds |
  • 2 baths |
  • 1,400 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1993
  • Property Lot Size Icon23.3acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $696/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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

Listing Status:
Pending
Data Last Updated:
May 20, 2026 at 7:36AM
Listing Office:
Sibcy Cline, REALTORS-CC : 859-781-4400
Listing Agent:
Rebecca Orth : 859-743-0582
MLS ID:
641204
  • General: Cathedral Ceiling(s)ChandelierDouble VanityEat-in KitchenOpen FloorplanPantryWalk-In Closet(s)
  • Appliances: DryerRefrigeratorWasherElectric Range
  • Laundry: Main LevelLaundry Room
  • A/C: Central AirZonedSee Remarks
  • Heating: ElectricHeat PumpSee Remarks
  • Disability Feature: See Remarks
  • General: See RemarksShed(s)StorageGarage(s)
  • Style: Ranch
  • Parking: Garage Faces FrontGarage Door Opener
  • Roofing: Composition
  • Windows: Vinyl Frames
  • General: BlockVinyl SidingSee RemarksOneBlockSee Remarks
  • Road/Access: Private Road
  • Originating MLS: Northern Kentucky Multiple Listing Service
  • School District: Campbell Co Public
  • County: Campbell
  • Zoning: 999-99-39-120.00
  • View: NeighborhoodView
  • Water: Public
  • Sewer: Septic Tank
  • Source: Northern Kentucky Multiple Listing Service

This listing courtesy of Rebecca Orth , Sibcy Cline, REALTORS-CC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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