Sarah Thornton

5646 New Drive

Melbourne, KY
$ 975,000 Beds 3 Baths 2 Sq 1,400
Monthly Estimate* How much can I afford?

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 60+years with some tenants residing over 30 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- All sites are tied to Public Water & have septic. 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's parent. 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#646339 at 4068 Fry Street, Melbourne, KY

Active

  • Price
  • $ 975,000
  • City
  • Melbourne
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Campbell
  • Half Bathrooms
  • 0
  • Area
  • Calif-Melb-Silv Grov
  • Lot Size
  • 23.3 Acres
  • Zip
  • 41059
  • Sqr Footage
  • 1,400
  • Year Built
  • 1995
  • Style
  • Ranch
  • MLS#
  • 646338
Listed By: Sibcy Cline, REALTORS-CC - 859-781-4400
Data Source: Northern Kentucky MLS (NKAR)

Features

General

Living Area 1400
Sewer Septic Tank
Heating See Remarks,Heat Pump,Electric
Cooling See Remarks,Zoned,Central Air
Roof Composition
Garage Spaces 2
Patio/Porch Features Porch
Architectural Style Ranch
Security Features Smoke Detector(s)
Construction Materials See Remarks,Block,Vinyl Siding
Year Built 1995
View Neighborhood
Levels One
Property Subtype Single Family Residence
Accessibility See Remarks
Additional Parcels Description 999-99-28-103.00
County Campbell
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Other Structures Garage(s),Shed(s),Storage
Total Rooms 7
Status Active
Directions I 275 or I 471 to Hwy US 27 (Alexandria Pike) to left on to KY-8 E/1998 (Industrial Road) to right onto Rt 8 (Mary Ingles Hwy) to left on Rumker Court, just over RR Tracks to Martz Cottages, straight ahead but Right on New Drive to first home on Right . Cottages are on New Drive, Fry Street and Nienaber Lane.
High School Campbell County High
City Melbourne
Zoning Description See Remarks, Residential, Agricultural
MLS Area K19 - Calif/Melb/Silv Grov
Lot Size Units Acres
Lot Size Square Feet 1014948
Elementary School Crossroads Elementary
Property Attached Y/N false
Home Warranty Y/N false
Middle/Junior High School Campbell County Middle School
Property Condition Existing Structure
MLS Area Minor K19 - Calif/Melb/Silv Grov
Structure Type Modular
Standard Status Active

Interior Features

Interior Amenities Walk-In Closet(s),Pantry,Open Floorplan,Eat-in Kitchen,Double Vanity,Chandelier,Cathedral Ceiling(s)
Air Conditioning Y/N true
Heating Y/N true
Window Features Vinyl Frames
Fireplace Y/N false
Laundry Features Laundry Room,Main Level
Total Baths 2

Exterior Features

Exterior Amenities Other
Vegetation See Remarks
Parking Features Garage Door Opener,Garage Faces Front
Lot Features See Remarks,Cleared
Water Source Public
Lot Size Area 23.3
Foundation Details See Remarks,Block
Lot Dimensions irregular
Lot Size Acres 23.3
Road Surface Type Gravel,Paved
Road Frontage Type Private Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Cincinnati, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Crossroads Elementary Elementary School
Middle School Campbell County Middle School Middle School
High School Campbell County High High School

Price History

9/4/2026 Listed $975,000

Property vs Zip Code Average in 41059

Price
AVG $420K
$980K
Year Built
AVG 1962
1995

Areas That We Cover

5646 New Drive Melbourne, KY is a Single Family Home for sale at $975000 with 1400 sqft and a lot size of 23.3 Acres Acre(s). 5646 New Drive Melbourne has 3 bedrooms, 2 baths and was built in 1995. The property's zip code is 41059 which is in Melbourne, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Sarah Thornton

Sarah Thornton

REALTOR®️ / Senior Sales VP

513-633-4423

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