London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale
BEDS9
BATHS6 full
SQUARE FEET4,150
MLS#26024297
STATUS
PROPERTY TYPEResidential - Single Family
SCHOOLPowell County -19
Property Description
Fantastic opportunity to acquire a substantial investment property in one of Kentucky's most sought-after tourism markets. This offering combines three active rental properties with five additional unrestricted lots, creating immediate income potential with significant room for future expansion. Each of the three existing properties features 3 bedrooms and 2 full baths, along with generous parking to accommodate guests with ease. The five additional lots offer the opportunity to continue building, expand the rental portfolio, or create a larger destination-style development???all without restrictive covenants limiting your vision. Ideally positioned with easy access to Natural Bridge State Resort Park and the Red River Gorge, and approximately 9 miles from Kentucky Dragway, the property benefits from proximity to some of the region's most popular outdoor recreation and entertainment destinations. Three established rentals. Five additional unrestricted lots. Multiple opportunities for continued growth. Whether you're looking to expand an existing investment portfolio or establish a larger presence in the Red River Gorge market, this is a property built around possibility.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s), Electric
Fuel Type: Electric
Heating: Electric, Heat Pump
Home Style: Contemporary
Lot Size: 3.38 Acres
Roof Type: Shingle
Stories: 1.0
Amenities
Eat-in Kitchen
Primary First Floor
Walk-In Closet(s)
Ceiling Fan(s)
Fire Pit
Outdoor Grill
Feature Descriptions
Appliance Features: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Cooktop, Self Cleaning Oven
Attic: Pull-Down Stairs, Access Only
Basement Features: Crawl Space
Days on Site: 61
Exterior: Vinyl Siding
Flooring: Laminate
Laundry: Electric Dryer Hookup, Main Level, Washer Hookup, Lower Level
Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup, Lower Level
Lot Dimensions: 3.380 acre(s)
Lot Features: Other, Few Trees
Parcel #: 022-00-00-004.33
Rooms Total: 2
Structure Type: House
Window Features: Insulated Windows, Screens
Local Schools
High School: Powell Co
Middle School: Powell Co
Elementary School: Bowen
School District: Powell County -19
Listed By / Shown By
Listed By
Agency Name: Lifstyl Real Estate
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimate Your Payment
Estimated Payment
$ 4,660.83 per month $4,310.83 Principal & Interest $0.00 Property Tax (data not provided by mls) $350.00 Homeowner's Insurance
35 El Way | MLS# 26024297
This single family home located at 35 El Way, Clay City, KY 40312 is currently listed for sale with an asking price of $1,200,000. This property has 9 bedrooms and 6 full baths with 4150 sq. ft. El Way is located within the Powell County -19 school district. Search Clay City real estate on www.salliedavidson.com today.