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5646 New Drive, 
Melbourne, KY 41059

$975,000

3

Beds

2

Baths

1,400

Sq Ft

Single Family

Pending

Listed by

Rebecca Orth

Sibcy Cline, Realtors-Cc

Last updated:

May 23, 2026, 07:28 AM

MLS#

641204

Source:

KY NKMLS

About This Home

5646 New Drive

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- 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#641207 at 4068 Fry Street, Melbourne, KY

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1993

Price Summary

975,000

$696 per Sq. Ft.

MLS #:

641204

Last Updated:

May 23, 2026, 07:28 AM

Added:

1 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,400 Sq. Ft.

Structure

Structure

Architectural Style:

Ranch

Building Area:

1,400 Sq. Ft.

Year Built:

1993

Lot

Lot Size (Sq. Ft):

1,014,948

Finances & Disclosures

Finances

Price:

$975,000

Price per Sq. Ft:

$696 per Sq. Ft.

Source:KY NKMLS
Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Copyright 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.