5646 New DriveMelbourne, KY 41059

1/46 Fullscreen

$975,000

3 beds 2 full baths 1,400 sqft

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Listed By

Agency Name: Sibcy Cline, REALTORS-CC
Agency Phone: 859-781-4400

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

Property Description

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 Sellers 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

5646 New Drive | MLS# 646338

This single family home located at 5646 New Drive, Melbourne, KY 41059 is currently listed for sale with an asking price of $975,000. This property was built in 1995 and has 3 bedrooms and 2 full baths with 1400 sq. ft. New Drive is located within the Campbell Co Public school district. Search Melbourne real estate on 2462laneroad.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Cooling: See Remarks, Zoned, Central Air

Days on Market: 10

Garage: 2

Heating: See Remarks, Heat Pump, Electric

Home Style: Ranch

Lot Size: 23.30 Acres

Roof Type: Composition

Stories: 1.0

Year Built: 1995

Feature Descriptions

Accessibility: See Remarks

Additional Parcels: 999-99-28-103.00

Appliances: Electric Range, Dryer, Refrigerator, Washer

Exterior: See Remarks, Block, Vinyl Siding

Exterior: Other

Foundation: See Remarks, Block

Interior: Walk-In Closet(s), Pantry, Open Floorplan, Eat-in Kitchen, Double Vanity, Chandelier, Cathedral Ceiling(s)

Laundry: Laundry Room, Main Level

Lot: See Remarks, Cleared

Lot Dimensions: irregular

Parcel Number: 999-99-39-120.00

Parking: Garage Door Opener, Garage Faces Front

Patio/Porch: Porch

Property Condition: Existing Structure

Road Frontage: Private Road

Road Surface: Gravel, Paved

Rooms Total: 7

Security: Smoke Detector(s)

Sewer: Septic Tank

Special View Info: Neighborhood

Structures: Garage(s), Shed(s), Storage

Structure Type: Modular

Sub Type: Single Family Residence

Water: Public

Window: Vinyl Frames

Room Sizes

Living Room: 19 X 13 Level - First

Dining Room: 12 X 8 Level - First

Kitchen: 13 X 10 Level - First

Laundry: 8 X 3 Level - First

Primary Bedroom: 13 X 13 Level - First

Primary Bath: 13 X 8 Level - First

Bedroom 2: 12 X 8 Level - First

Bedroom 3: 13 X 9 Level - First

Local Schools

High School: Campbell County High

Middle School: Campbell County Middle School

Elementary School: Crossroads Elementary

School District: Campbell Co Public

Market Trends

Melbourne Residential Market Trend Graphs

Zip Code 41059

Source: Delta Media Group, Inc.

Demographics

Campbell County Demographic Information for 5646 New Drive, Melbourne, KY 41059

Fips

Fips Code 21037

Population

2020 to 2025 Change up 2.5%

2010 Count 90,336

2020 Count 93,076

2025 Estimate (V2025) 95,441

2020 Estimate (V2025) 93,068

Age Distribution (Years Old)

0 to 4 5.0%

5 to 17 20.1%

18 to 64 56.3%

65 and Older 18.6%

Gender

Male 49.5%

Female 50.5%

Place of Birth

Foreign 2.7%

US 97.3%

Education

High School Graduate, Age 25+ 93.9%

Bachelor's Degree or Higher, Age 25+ 39.7%

Computer and Internet use

Households with a computer 95.9%

Households with a broadband Internet subscription 92.2%

Language

English is Second Language, Age 5+ 4.0%

English is First Language, Age 5+ 96.0%

Veterans

Veterans 3,877

Income

Per Capita Income $46,100

Median Household Income $77,567

People in Poverty 11.3%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 42,129

Households 39,232

Average Household Size 2.32

Owner-Occupied 71.1%

Multi-Family 29.3%

Owner-Occupied Median Value $252,000

Median selected monthly owner costs -with a mortgage $1,627

Median selected monthly owner costs -without a mortgage $592

Median gross rent $1,145

Building Permits

New Private Housing Issued 2024 249

Years at Residence

1 Year or More 86.1%

Less Than 1 Year 13.9%

Business and Employment

Private non-farm Establishments 1,743

Private non-farm Employment 25,891

Private non-farm Employment Growth down 3.9%

Nonemployer Establishments 6,215

Number of Firms 1,294

Business Production

Value of Shipments $770,967,000

Wholesale Trade $1,492,840,000

Retail Trade $1,187,805,000

Retail Sales Per Capita $12,158

Accommodation and Food Services $231,789,000

Land

Land Area 151.31 sq. miles

Population Per Square Mile 597

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 5,278.80 per month $4,994.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $284.38 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 09/14/2026. The listing information on this page last changed on 09/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 09/14/2026 12:21:12 AM EST) or Dayton MLS (last updated Sun 09/13/2026 11:46:47 PM EST) or CBRMLS (last updated Mon 09/14/2026 12:19:35 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sun 09/13/2026 11:53:32 PM EST) or NKY MLS (last updated Sun 09/13/2026 11:28:21 PM EST) or Wrist MLS (last updated Sun 09/13/2026 11:24:17 PM EST) or Firelands MLS (last updated Sun 09/13/2026 11:12:06 PM EST) or MLS NOW (last updated Mon 09/14/2026 12:17:33 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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5646 New DriveMelbourne, KY 41059

5646 New DriveMelbourne, KY 41059

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Property Description

5646 New Drive | MLS# 646338

Property Features

Feature Descriptions

Room Sizes

Local Schools

Market Trends

Demographics

Estimate Your Payment

Change Payment Information