3-Bedroom Ranch Home on 1.70 Acres Near Lake Cumberland

Welcome to a unique real estate opportunity in the heart of south-central Kentucky, offering location, land, and long-term potential all in one. Situated at 105 Albert Bell Road, Albany, KY, this 3-bedroom, 1-bath ranch-style home sits on a generous 1.70-acre lot with exceptional road frontage and proximity to one of Kentucky’s most beloved recreational destinations—Lake Cumberland. Whether you are an investor, first-time homebuyer, or someone seeking a small vacation or retirement property near the lake, this offering deserves your attention.

This property is being sold at an Absolute Online Auction, meaning it will sell to the highest bidder regardless of price. Online-only bidding is open now and will close on Thursday, February 19, 2026, at 6:00 PM Eastern Time. Interested buyers can view full auction details and place bids by visiting the auction platform and searching remax-auctions dot com. Please note that the listed price is not an asking price, but instead reflects the current PVA valuation and should not be considered a minimum or reserve price.

Property Overview

The home features approximately 1,104 square feet of living space, designed in a classic ranch layout that prioritizes functionality and ease of access. With three bedrooms and one full bathroom, the floor plan provides a practical foundation that can be updated and customized to suit a variety of living arrangements. The single-level design is especially appealing for buyers looking for convenience, accessibility, or a layout suitable for long-term living.

While the home currently needs renovations, this creates an excellent opportunity for value-add improvements. Buyers with a vision can modernize the interior, update finishes, and enhance the overall appeal of the property. Renovation needs also make this home particularly attractive for investors seeking a rental property, resale project, or affordable entry into the Lake Cumberland area real estate market.

Land, Frontage, and Access

One of the standout features of this property is its exceptional road frontage. The land offers nearly 600 feet of blacktop frontage on KY-588, along with additional road frontage on Albert Bell Road. This dual-access setup enhances visibility, accessibility, and future flexibility for use of the land.

The 1.70-acre lot provides ample outdoor space for a wide range of uses. Whether you envision a large yard, garden, hobby farm, additional storage, or outdoor recreational areas, the property offers the space to make it happen. The mostly open setting allows for easy maintenance while still providing privacy and room to expand or improve.

A detached equipment shed is already in place, offering practical storage for tools, lawn equipment, recreational gear, or hobby supplies. This structure adds immediate utility and value, particularly for buyers who plan to work the land, renovate the home, or store boats and lake-related equipment.

The property includes driveway access, making entry and exit simple and convenient from both roadways. The blacktop frontage ensures year-round accessibility, an important consideration for full-time residents, renters, or vacation homeowners.

Ideal Uses and Buyer Appeal

This property’s combination of location, land, and price potential makes it suitable for a variety of buyers and uses:

Starter Home: With renovations, this ranch home could become an affordable and comfortable primary residence, especially for buyers looking to escape higher-cost housing markets.
Rental Property: Proximity to Lake Cumberland and nearby attractions creates strong potential for long-term or short-term rentals, depending on local regulations and buyer strategy.
Vacation Home: The home’s size and layout make it ideal for a weekend retreat or seasonal getaway near the lake.
Retirement Property: Single-level living, manageable square footage, and a peaceful rural setting offer an appealing option for downsizing or retirement living.
Investment Opportunity: The absolute auction format, renovation potential, and desirable location provide an attractive value proposition for investors.

Location Highlights – Near Lake Cumberland

Location is a key advantage of this property. The home is located approximately 7 miles from Marina Rowena, a popular access point to Lake Cumberland known for boating, fishing, and water recreation. Additionally, the property is just 5 miles from 76 Falls, another well-known local destination that draws visitors and outdoor enthusiasts.

Lake Cumberland is widely recognized for its expansive shoreline, clear waters, and year-round recreational opportunities. From boating and fishing to hiking and sightseeing, the area offers something for everyone. Owning property within close driving distance to the lake enhances both lifestyle appeal and rental potential.

Albany, Kentucky, serves as the county seat of Clinton County and provides essential services, local shops, dining options, and community amenities. The surrounding region is known for its scenic landscapes, rolling countryside, and relaxed pace of life, making it attractive to both full-time residents and seasonal visitors.

Renovation Potential and Value-Add Opportunity

While the home is in need of updates, this should be viewed as a strategic advantage rather than a drawback. Buyers have the freedom to renovate according to their preferences and budget, rather than paying a premium for finishes they may not want. Improvements such as updated flooring, modernized kitchen and bathroom features, energy-efficient windows, and fresh exterior enhancements could significantly increase the property’s value and appeal.

For investors, the renovation potential opens the door to equity growth, whether through resale, rental income, or long-term appreciation. For owner-occupants, it provides the chance to create a personalized living space in a desirable location near Lake Cumberland.

Auction Details and Important Notes

This property is offered at Absolute Auction, meaning there is no reserve price. The highest bidder will become the new owner, regardless of the final sale amount. This format creates transparency and opportunity for buyers, while encouraging competitive bidding.

Bidding Type: Online-only
Auction Close Date: Thursday, February 19, 2026
Closing Time: 6:00 PM Eastern Time
Auction Platform: Search remax-auctions dot com for full details and bidding access

The price shown in any listing or advertisement is not an asking price. It reflects the current PVA valuation and should be used for reference purposes only.

Why This Property Stands Out

Properties offering this combination of acreage, road frontage, and proximity to Lake Cumberland are increasingly hard to find—especially at absolute auction. The flexibility of the land, the potential of the home, and the desirable location make this an opportunity worth serious consideration.

Whether your goal is to invest, renovate, retire, or simply enjoy life closer to the lake, 105 Albert Bell Road in Albany, Kentucky presents a compelling option. With online bidding accessible from anywhere, interested buyers can participate conveniently and competitively.