The Cliffs Tract 6

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2.05 acres in The Cliffs

Tract 6 is located along an unmaintained easement for access. This property is very steep and rocky with cliffs overlooking Cumberland River. We highly recommend purchasing this property strictly for camping, recreational and/or investment purposes. Due to the topography of this parcel, building a permanent structure is not going to be possible. Please inquire with any further questions or concerns.

Property Features

Water View

The Cliffs is a small parcel of land located just 18 miles northwest of Monticello, KY. This property is also located less than 2 miles northwest of our other property Bluewater Ridge. Unlike Bluewater Ridge, this property is strictly for recreational use and is no suitable for building due to it’s steep terrain. This property is dense with foliage which is located along the scenic Cumberland River that offer beautiful views of the rolling hills. Trophy brown trout and rainbow trout are bountiful in the Cumberland River as well as striped bass, walleye and saugers.

Property Video Tour

Property Map

FAQs

Important Documents:

The Cliffs Covenants
The Cliffs Survey
The Cliffs Coordinates

Location & Utilities:
WHERE IS THE PROPERTY LOCATED?
This scenic property is located in Wayne County, approximately 21 miles south of Somerset, Kentucky, 100 miles south of Lexington, Kentucky, and 150 miles southeast of Louisville, Kentucky.

WHAT IMPROVEMENTS HAVE BEEN MADE?
This property has been professionally surveyed. All corners have been staked and pinned. County and unmaintained dirt mountain roads are established for access to all existing lots.

WHAT ABOUT UTILITIES?
Currently, there are no power lines on this property. South Kentucky Rural Electric Cooperative Corporation provides power for this area, and electricity can be extended to the property at the buyer’s expense. You are entitled to drill a domestic well on your property at your own cost. Water is not guaranteed to be available at any specific depths, quantity, or quality. Contact a Licensed Kentucky Well driller for further information and proposed costs.

WHAT WILL THE ROAD SURFACE BE LIKE?
Maintained county road frontage to the property entrance and unmaintained dirt roads to existing lots.

Financing:
WHAT IS THE MINIMUM DOWN PAYMENT AMOUNT TO PURCHASE AND ARE THERE CLOSING COSTS?
A minimum of $199 down payment is required for purchase. Closing costs are currently a nominal $199.00 for us to prepare all of the legal documents required for the contract for deed. Note: Our Basic Package ($199 Down) only applies to properties up to $49,999.

IF I FINANCE THE PROPERTY, TO WHOM DO I MAKE MY PAYMENTS AND HOW WILL I KNOW I HAVE RECEIVED PROPER CREDIT FOR MY PAYMENTS?
We do not do credit checks and you are instantly qualified to purchase. We have our own in-house financing available. Your payments will be made to Classic Country Land, LLC. You can choose to make your monthly payments online on our Make A Payment portal or sign up for Autopay. Note: There is an $18 monthly servicing fee on all contracts; this fee can be waived if the buyer elects easy monthly automated payments.

MAY I USE THE LAND WHILE I’M PAYING FOR IT AND WHEN DO I RECEIVE A DEED TO MY PROPERTY?
Yes, beginning the very day you sign the purchase contract, the land is yours to use and enjoy. You will receive your Warranty Deed once you pay off your property.

IS THERE A PENALTY FOR PAYING OFF MY LAND EARLY?
There is absolutely no prepayment penalty. Your monthly payment is applied to your account balance using simple interest on the unpaid balance. All extra monthly payments will be applied directly to the principal. All extra payments will directly lower your balance, reducing the overall interest you pay on your purchase.

DOES A BUYER HAVE TO BUILD A HOUSE WITHIN A CERTAIN TIME FRAME?
A buyer is never obligated to a timeframe to build on their property.

CAN I RESELL MY PROPERTY IN THE FUTURE AND MAKE A PROFIT?
While there is no guarantee of profit from any land sale, historically land prices have increased in value. We believe there are many reasons for this upward trend, including inflation, population growth, a decreasing land supply, the public’s desire for a more natural environment, the trend toward movement away from urban areas, and the increasing popularity of outdoor recreational activities.

CAN I MAKE AN OFFER AND WHAT KINDS OF DISCOUNTS ARE AVAILABLE?
Offers are discouraged as the properties are priced for immediate sale under our “No Haggle” pricing policy. Discounts are based on the finance plan that you choose.

WHY ARE SOME PROPERTIES MORE EXPENSIVE THAN OTHERS?
The properties have been priced according to our “A B C” analysis and consideration of the proximity of the parcels to existing electricity. “A B C” stands for Access, Beauty, and Character. In other words, how good, quick, or easy is the access to the property from the main highway or county road. The beauty of the property mainly pertains to the vegetation and scenery. The character of the property refers mainly to its topography, for example: Is the parcel flat, rolling, steep, etc.

Elevation & Weather:
WHAT IS THE AVERAGE ELEVATION OF THE PROPERTY?
The average elevation is approximately 840 feet.

WHAT IS THE AVERAGE TEMPERATURE THROUGHOUT THE YEAR?

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
35° 37° 50° 54° 64° 72° 73° 75° 68° 56° 45° 40°

Zoning & Taxes:
WHAT IS THE PROPERTY ZONED AND WHAT ARE THE PROPERTY TAXES FOR A PARCEL?
The zoning allows Residential/Recreational. The approximate annual property taxes are less than $3 per acre per year and are current.