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1024 Paradise Dr

Murray, KY 42071
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Acres7.33

Acres(Lot)

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 somethi ng 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.

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Detail Ic Property Details

Property Type : Land

Price : $1,700,000

AD Id : 77688295

MLS Id : RTC3181164

Lot Size : 7.33 Acres(Lot)

County : Calloway County

Subdivision: North Hampton

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Feature Features

  • Water Source

    WaterSource: Well

  • Lot Information

    Lot Dimensions: 7.33 Acres Lot Description: Private, Views Lot Size Area: 7.33 Lot Acres: 7.33

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$1700000

  • Tax Information

    Annual Tax: $9300 Parcel Number: 100-0-0018

  • School Information

    Elementary School: East Elementary School Junior High School: Calloway County Middle School Senior High School: Calloway County High School
  • Utility Information

    Water Source: Well
  • Location Information

    Subdivision: Paradise City: Murray Direction: From Murray take Hwy 94 East to Hwy 732. Turn left. Turn Right on Paradise Drive.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1 Deepwood Dr, Murray, KY, 42071 $10,000 -- -- -- 2.18 Acres(Lot)
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ByOwner last updated this listing 06/03/2026 @ 18:20

MLS: REALTRAC #3181164 LISTED BY: Glenda Ritchie, 1st Realty Group 270-753-1651 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

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