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Listing provided courtesy of Key Players Real Estate- MLS# 23002224MLS Provider

5, 6A & 6B Melrose PlaceSomerset, KY 42503

Vacant Land · 0.54 Acres
$149,900 Active

5, 6A & 6B Melrose Place Overview

Time on Site:
840 days
Visits:
28

Invest now for decades of income—three building lots on city sewer (with county property taxes)! These lots are perfect for upscale multi-housing units and minutes from downtown Somerset. Your tenants or condominium owners will love amazing views overlooking the beautifully manicured Somerset Country Club. Electricity, water and parking is right in front of these lots! Build today and enjoy many years of financial security! A fence runs along the back of the property, and a golf cart lane is on the far right. There's a beautifully engineered retaining wall is on the far left — the perfect spot for a cantilevered pool and patio with picturesque views of the golf course.

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5, 6A & 6B Melrose Place Facts & Features

  • Type Vacant Land
  • Lot 0.54 Acres

Details

General

Location/Region

  • County Or Parish: Pulaski
  • MLS Area Major: 905 - Northeast Pulaski County
  • MLS Area Minor: 905 - Northeast Pulaski County
  • Subdivision Name: Melrose Place

General Information

  • Parcel Number: 060-5-1-35, 060-5-1-38.9, 060-5-1-39.1
  • Possible Use: Residential
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.54
  • Lot Size Area: 0.54
  • Lot Size Square Feet: 23522.0
  • Lot Size Units: Acres

General Information

  • Utilities: Electricity Available,Sewer Available,Water Available

5, 6A & 6B Melrose Place Neighborhood

Community

42503 (Somerset) Demographics

42
Median Age
191
Population Density (per sq. mile)
32%
College Educated
$49,336
Estimated Median Income
7,114
Estimated Total Home Owners
2,880
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5, 6A & 6B Melrose Place Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5, 6A & 6B Melrose Place Market Data

Based on the last 30 days in this zip code

$453,966
Average List Price
$153
Average Price per Square Foot
28
Properties Sold
103
Average Days on Market
190
Properties for Sale
Calculations provided by Reliance Network

5, 6A & 6B Melrose Place History

Date Event Value Agent
2/10/2026Source: Imagine MLS/Bluegrass Price Increase
$149,900 7.1%
8/21/2025Source: Imagine MLS/Bluegrass Added to Database
August 21, 2025