Fishing Getaway or Tiny Home Rental Site Near Kentucky Lake

Unleash the Potential: Fishing Getaway or Tiny Home Rental Site Near Kentucky Lake

Imagine owning a piece of land so close to the water that fishermen and boaters would race to stay there. That place could be yours—with this unique offering just minutes from Kentucky Lake and Cane Creek Marina. This property is not just a lot—it’s a blank canvas with potential, featuring an existing 1-bedroom, 1-bath home that requires significant work. But it’s precisely this condition that allows us to list it at a low, enticing price—with the promise of big upside for a creative buyer.

Whether you’re looking to build a collection of tiny homes, a fishing lodge, or a multi-unit getaway, this land gives you options. Combine it with the neighboring property (15 Airport Lane), and you’ll own 1.33 acres of prime real estate in a rental-friendly location. I’m offering flexible deals: buy both lots, or take over the loan on the adjacent parcel to expand your possibilities. Let’s explore what makes this opportunity so special—and how you can make it yours.

What You’re Getting

Lot with 1BR / 1BA Home (Needs Significant Repairs)

This parcel includes a 1-bedroom, 1-bathroom dwelling, currently in need of serious rehab. The interior is unfinished in many areas, with structural, mechanical, and cosmetic improvements required. Because of its condition, the parcel is marketed at a lot price, giving buyers the chance to invest, overhaul, and increase value on their own terms.

While the house needs work, the infrastructure is there—a foundation, roof structure, walls, plumbing rough-ins (in some cases), and electric to the lot. Some exterior upgrades have already been made on the adjoining property—a black metal roof and board-and-batten siding—so you can see what’s possible once renovations begin.

Opportunity to Acquire a Neighboring Lot (15 Airport Lane)

Right next door sits 15 Airport Lane—another lot with potential. I’m willing to sign the deed over to you for that property, and you would take over the existing loan of $550/month. This means you can expand your footprint without having to secure a brand-new mortgage on that parcel. Together, both lots total 1.33 acres, giving you space to build, expand, or diversify your rental offerings.

Why This Location Delivers Value

What truly sets this property apart is its proximity to recreation and water access. It’s less than 5 minutes from Kentucky Lake and only a short drive to Cane Creek Marina—a magnet for anglers, boaters, and nature seekers who want convenient access to fish, boat, and explore the lake’s many coves and covenants.

In vacation markets near water, tiny homes, cabins, and compact rentals are in high demand. Guests prefer unique, cozy stays over cookie-cutter motels. With this property, you have the clout to build:

Tiny home cabins or glamping units for weekenders
A fishing lodge or guest house modeled for groups
A main residence with accessory buildings for guests
A mixed-use development: comfortable spaces to stay and space to fish, boat, or relax

Because of your proximity to outdoor amenities, your rentals would likely see strong occupancy—especially in high season.

Flexible Financing / Ownership Options

To maximize your flexibility, here are the two core offers:

Buy Both Properties Together
- Combined price: $100,000
- You acquire both lots (1.33 acres) and both structures
- Full control, no taking over loans
Buy This Lot Individually + Deed Transfer of 15 Airport Lane
- Price for just this lot: $45,000
- I sign over the deed for 15 Airport Lane to you
- You take over the existing loan at $550/month

This gives you flexibility—whether you want to start small or scale right away.

What You Should Know (Challenges & Considerations)

Before moving forward, here are key considerations to weigh:

Renovation Work Required
The existing 1BR/1BA home requires extensive repairs—potential structural, plumbing, roofing, insulation, interior finishes, and possibly electrical upgrades. Be prepared to invest capital, time, and effort into restoring or reworking substantial portions of the building.
Zoning / Permitting
Confirm local zoning rules for multiple residences, short-term rentals, accessory buildings, and tiny homes. You may need permits, variances, or special use approvals.
Loan Assumption Details
If you take over 15 Airport Lane’s loan, ensure you review the terms carefully: interest rate, remaining balance, any lender approval required, prepayment penalties, etc.
Infrastructure & Utilities
Verify utility hookups (water, electricity, sewage) on both parcels. If utilities require extension or upgrades, factor those costs into your financial planning.
Market Demand & Seasonal Variability
While proximity to the lake is a selling point, occupancy may fluctuate by season. Build your financial model conservatively, considering off-season and low-demand periods.
Site Planning
You’ll need a well-thought-out site plan showing how many cabins, the main residence, walkways, parking, drainage, green space, and access points all fit into 1.33 acres.

Vision: What You Could Create

The most compelling feature of this offering is its versatility. Based on the growth in lake-based tourism and seasonal rentals, here are some ideas you could develop:

Rental Tiny Homes: Several compact, high-quality cabins targeted at anglers, couples, or small families. These can command strong per-night rates given the proximity to Kentucky Lake and marina access.
Fishing Lodge or Guest House: Use one building as a main communal area or lodging and use the rest of the land for smaller cabins or amenities (grilling areas, picnic spots, dock access if possible).
Owner-Occupied Home + Revenue Units: Live in the renovated original home (or a new build) and use the additional lots for guest suites or cabins, letting the revenue offset your mortgage.
Vacation Compound: Create a cohesive destination—landscaped grounds, shared gathering area, firepit, walkways, shade trees, and lodging units—all designed to provide a compelling guest experience.
Phased Development: Start with one or two units, get cash flow, then expand gradually over time, improving cash flow and reducing upfront risk.

Why Act Quickly

Given the market for lakefront or near-lake accommodations, a site like this won’t stay hidden long. Some reasons to act now:

Undervalued Listing — Because this is being marketed as a “lot,” buyers may overlook the underlying opportunity. Smart buyers will see the value.
Early Bird Advantage — If you acquire both parcels or take over the loan, you can beat the rush and build without competing in hot real estate waves.
Leverage Creativity — Buyers who can innovate (tiny homes, boutique lodging, mixed-use) will extract much more value than traditional home flipping.
Financing Flexibility — The lower starting price combined with loan assumption makes this accessible to buyers who might not qualify for large construction loans right away.

Call to Action

This is more than a listing. It’s an invitation to create, reimagine, and capture capital from land that’s well-positioned for tourism, lodging, or recreational living. Whether your goal is to build a small series of cabins or a full-fledged lodge, this property gives you space, proximity, and flexibility.

Don’t wait. Contact your agent—or reach out directly—and schedule a showing. Walk the land. Draw your site plan. Crunch your numbers. With vision and action, you could turn these two parcels into a lasting legacy—or a thriving rental enterprise.

The water is close. The demand is real. The opportunity is yours—if you act.