35 El Way, Clay City, KY 40312
- $1,200,000
- 9
- BD
- 6
- BA
- 4,150
- SqFt
- List Price
- $1,200,000
- Status
- ACTIVE
- Days on Market
- 23
- MLS#
- 26024297
- Subtype
- Residential
- Style
- Contemporary
- Year Built
- 2023
- Bedrooms
- 9
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 4,150
- Lot Size
- 147,233
- Acres
- 3.38
- Neighborhood
- 019 - Powell County
- MLS Area Major
- 019 - Powell County
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.
Additional Information
- Interior Features
- Eat-In Kitchen, Primary Downstairs, Walk-In Closet(s), Ceiling Fans
- Exterior Features
- Fire Pit, Outdoor Grill
- Property Description
- Contemporary
- Flooring
- Laminate
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Cooktop, Self Cleaning Oven
- Heating
- Electric, Heat Pump
- Air Conditioning
- Central Air, Ceiling Fan(s), Electric
- Levels
- One
- Roof
- Shingle
- Foundation
- Block
- School District
- Powell County -19
- Elementary School
- Bowen
- Middle School
- Powell Co
- High School
- Powell Co
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Listing courtesy of Heather Isaacs of Lifstyl Real Estate.