Bring your vision and tools! This 3-bedroom, 1-bath property offers incredible upside potential in a highly desirable gated lake community. Priced to sell, this home is ready for updates and offers a fantastic chance to build instant sweat equity. Ideal for flippers, buy-and-hold investors, or buyers looking for a rewarding weekend project with high returns. Enjoy a private neighborhood with amenities including private lake access, boat launch, swimming beach, pavilion, basketball courts, and playground. Perfectly positioned for regional convenience, just 20 minutes to Bardstown, 30 minutes to Elizabethtown, and roughly an hour to both Louisville and Lexington. Don't let this value-add opportunity pass you by!
This home is located near the 53–60-acre lake at Melody Lake Ranch Club in New Haven. Features- campgrounds, clubhouse, private beach, basketball court, pavilion with bonfire and horseshoes. Only 30 minutes to Elizabethtown and 20 minutes to Bardstown. photos have been virtually staged (There is a $230 yearly maintenance fee)
ImagineMLS #26020753
Jul 29, 2026
Listed
$85,000
$76/sq ft
ImagineMLS #26014168
Aug 2, 2026
Listing Removed
—
Jun 17, 2026
Listed
$115,000
$103/sq ft
ImagineMLS #26005810
Jun 2, 2026
Listing Removed
—
Mar 27, 2026
Listed
$139,900
$126/sq ft
ImagineMLS #26005800
Mar 23, 2026
Listing Removed
—
Feb 28, 2026
Listed
$139,900
$126/sq ft
ImagineMLS #25018518
Feb 7, 2026
Listing Removed
—
Oct 31, 2025
Price Changed
$149,900
$135/sq ft
Sep 29, 2025
Relisted
—
Sep 11, 2025
Listing Removed
—
Aug 21, 2025
Listed
$157,900
$142/sq ft
ImagineMLS #25008393
Aug 1, 2025
Price Changed
$159,900
$144/sq ft
Jul 24, 2025
Relisted
—
May 18, 2025
Pending
—
May 18, 2025
Listing Removed
—
Apr 24, 2025
Listed
$169,000
$152/sq ft
Public Records
Jul 1, 2008
Sold
$20,000
$18/sq ft
Public Records
May 1, 2004
Sold
$30,000
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$766 (−3.8%)
$10,000 + $61,560
$71,560
2023
$796
$10,000 + $61,560
$71,560
2022
$796 (−1.2%)
$68,800
2021
$806 (+7.9%)
$68,800
2020
$747 (−4.4%)
$68,800
2019
$781 (−1.9%)
$64,800
2018
$796 (+124.1%)
$64,800
2013
$355
$30,000
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
10,870 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,080
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,080
Year built
—
Style
Single Family Residential
County
Nelson County
APN
49ML2-03-226
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
2/10 Wind Factor
3% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
New Haven, KY • 40051
Average low and high temperatures (°F)
39
22
50
30
66
43
73
52
75
57
85
66
90
72
86
65
82
60
72
49
59
42
48
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 226 Melody Dr
$79,440
$5,560 under list price of $85K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $48K to $238K.