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5646 New Drive, Melbourne, KY 41059

MLS# 641204 Active Source MLS Verified

$975,000

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3 Beds
2 Baths
1,400 Sq Ft
meeting_room
7 Total Rooms
calendar_month
1993 Year Built
grass
23.30 Acres
paid
$696 Per Sq Ft
account_balance
No Has HOA

About This Home

WELCOME TO MARTZ COTTAGES ON THE RIVER.... located just past Pendery Park in Melbourne Ky...sitting on 23.3 acres of prime investment- Has been family managed for over 40+years with some tenants residing over 20 years. This is a Diamond in the Rough. Well managed and shows a great investment but could be Much- Much-Much More...with some expanding of facilities; there is room to add more cottages & RV Lots- 10acres of River front could be utilized as well. All cottages and RV/Mobile Home lots. are rented at this time & require notice to view- Please contact listing agent to set appts. This Mobile Home is in excellent Condition and sits on an amazing site within '' Martz Cottages '' Great way to add income, this home has not been part of rental but lived in by Seller. Now being offered as part of Cottage Investment. The front porch offers a view of the entire community with great yard space, a large two car detached garage and storage shed. The home offers Cathedral ceilings, large rooms and move in ready decor. Laundry offers a walkout to rear yard. Electric HVAC. This unique opportunity could be used as your investment expands. You can live in and use as your Office/ Home or add to your Rental Income. The Mobile home has a separate Title and is being transferred as part of the 23 acre Cottage Investment - Is NOT being sold separately. See Commercial listing for Martz Cottages MLS#641207 at 6048 Fry Street, Melbourne, KY

Facts & Features

home Property Details

Home Type Residential
Sub Type Single Family Residence
Style Ranch
Levels One
Year Built 1993 (33 yrs)
Construction Block, Vinyl Siding, See Remarks
Roof Composition
Foundation Block, See Remarks

landscape Lot Information

Lot Size 23.30 Acres
Dimensions irregular
Lot Features Cleared, See Remarks

garage Parking & Garage

Garage Spaces 2
Parking Features Garage Faces Front, Garage Door Opener

chair Interior Features

Appliances Dryer, Refrigerator, Washer, Electric Range
Other Interior Features Ceiling Fan(s), Cathedral Ceiling(s), Chandelier, Double Vanity, Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s)

door_open Room Details (8 rooms)

king_bed Primary Bedroom First
13 x 13
bed Bedroom 2 First
12 x 8
bed Bedroom 3 First
13 x 9

thermostat Heating & Cooling

Heating Electric, Heat Pump, See Remarks
Cooling Central Air, Zoned, See Remarks

electrical_services Utilities

Water Public
Sewer Septic Tank

deck Exterior & Outdoor

Exterior Features See Remarks
Patio & Porch Porch

school Schools

Elementary Crossroads Elementary
Middle Campbell County Middle School
High School Campbell County High
District Campbell Co Public

Estimated Monthly Payment

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location_on Location

Address 5646 New Drive, Melbourne, KY 41059
County Campbell

Property History

Date Event Price
04/01/2026 sell Listed for Sale $975,000
04/03/2026 schedule 2 Days on Market $975,000

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