USLakeFront Lake survey & intelligence

$530,000

5241 Point Ln, Gilbertsville, KY 59388

Sample listing
3
Bedrooms
2
Bathrooms
1,000
Square feet
80 ft
Shoreline
$6,625
Per shoreline ft

Boathouse property with lift and canopy on Kentucky Lake. Roughly 80 feet of owned shoreline on 0.4 acres, with 3 bedrooms across 1,000 square feet. Two-slip covered. Water clarity on Kentucky Lake averages around 6 feet and the lake is classified managed for water level. Dock and shoreline work fall under TVA Section 26a. This is a sample listing used to demonstrate the platform.

Features

Open floor planWhole-house generatorTwo-slip dockNew roofGuest quartersBoathouseGentle slope to waterNew seawall

Property facts

Property typeHouse Year built1986 Lot size0.40 acres DockTwo-slip covered Water depth at dock17 ft ExposureEast-facing ViewMain channel Annual taxes$4,303 HOA$0/mo Short-term rentalPermitted Listed2026-08-05
$4,465
All-in monthly
$121,970
Cash to close
$13,540
Costs beyond the obvious

Up front

Down payment$106,000
Closing costs (est. 2.4%)$12,720
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$121,970

Every year

Principal & interest$33,510
Property taxes$4,303
Hazard insurance$2,226
Flood insurance$2,400
Utilities$2,400
Maintenance reserve (1.1%)$5,830
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$480
Total$53,579
Adjust these assumptions →
$6,625
This home / shoreline ft
$6,134
Lake average
$530
Per square foot
Above the lake average — this property prices at $6,625 per shoreline foot against a lake average near $6,134, a difference of 8%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year147 Gross revenue$77,383 Lodging tax−$8,512 Management−$13,774 Cleaning & supplies−$18,066 Net operating income$37,031 Against annual carry$-16,548
Model your own →
6.0
Lake score
D
Water grade
5 ft
Drawdown
Level stabilityManaged Typical clarity6 ft Dock authorityTVA Section 26a
Full Kentucky Lake report →
Comparable

Similar waterfront