HOME ON STEAMBOAT RD ON PRIVATE LAKE IN GILBERTSVILLE KY

🌊 Real Estate Auction – Private Lake Property with Kentucky Lake Access

📅 When: Sunday, September 28, 2025
⏰ Time: 2:00 PM
📍 Where: 396 Steamboat Road, Gilbertsville, KY 42044

Welcome to Peace & Tranquility

Discover a truly unique property offering both your own private lake and access to Kentucky Lake — all nestled on over 10.54 acres of privacy. Whether you’re seeking a personal retreat or an investment opportunity, this property delivers unmatched potential.

🚤 Lake Life & Recreation
Take a golf cart ride down to Kentucky Lake and launch from your own private boat ramp. The property also adjoins TVA land and may be dockable with approval. Imagine fishing in your stocked private lake, kayaking on a peaceful afternoon, or simply relaxing by the water’s edge.

🏡 Updated Home
The recently updated home features 3 bedrooms, 2 full baths, and a 1-car attached garage, providing comfort and convenience in a serene setting.

🏕️ Amenities & Improvements

• 40’x30′ pole barn

• Spacious pavilion for gatherings

• Private dock on your lake

💡 Investment Potential
This property offers endless opportunities — create a campground, develop short-term rentals, or build tiny cabins for income. Or simply keep it as your own private lakefront estate with unmatched privacy and direct access to Kentucky Lake.

REAL ESTATE TRACTS: 

TRACT 1: 3 Bedroom 2 Bath home on 1.04 Acre Lot

TRACT 2: 40’X30′ Shop on 0.41 Acres Lot

TRACT 3: 1.63 Acres

TRACT 4: Private Lake with Dock on 7.46 Acres

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in 4 individual tracts or combinations.

BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

CLOSING: Closing shall take place on or before 30 days from auction date.

REAL ESTATE TAXES: All 2025 ad valorem taxes will be prorated at closing

SURVEY: The property will be sold by a new survey.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

Property Brochure

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