4023 Goggins Ln, Richmond, KY 40475

$1,450,000
3
BD
5
BA
4,131
SqFt

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List Price
$1,450,000
Status
ACTIVE
Days on Market
490
Price Change
▼ $50,000 1785374597
MLS#
25014866
Subtype
Farm
Style
Ranch
Year Built
1980
Bedrooms
3
Bathrooms
5
Full Baths
4
Half Baths
1
Living Area
4,131
Lot Size
1,745,014
Acres
40.06
Subdivision
Rural
Neighborhood
008 - Madison County
MLS Area Major
008 - Madison County

Property Description

DEVELOPMENT OPPORTUNITY! Discover 40.06 acres along Goggins Lane adjoining the Richmond city limits, offering exciting possibilities for future residential development or long-term investment. Preliminary discussions with local planning officials have indicated potential for annexation into the City of Richmond, opening the door for buyers to explore future development opportunities. The property is currently zoned UC-7, with frontage on two roads and a mix of open, gently sloping ground and wooded areas. Public water serves the property, and the seller installed a fire hydrant at the front connected to the main water line. Existing improvements include a 4,132 sq ft brick ranch, a 30 x 40 metal barn with electric and concrete floor, a 2.29-acre pond, and gated entry, giving a buyer usable structures while planning next steps. With substantial acreage and a convenient location, this property presents an opportunity for builders, developers, and investors. Annexation, rezoning, subdivision, and development are subject to applicable governmental approvals. Buyers to verify all development possibilities, utility availability and capacity, sewer options, and requirements.

Additional Information

Interior Features
Entrance Foyer
Property Description
Ranch
Zoning
UC-7
Flooring
Hardwood
Heating
Electric, Heat Pump, Other, Propane
Air Conditioning
Electric, Heat Pump
Levels
One
School District
Madison County - 8
Elementary School
White Hall
Middle School
Madison Mid
High School
Madison Central
View
Rural, Trees/Woods, Lake

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Listing courtesy of Daphne Jewell of Berkshire Hathaway HomeServices Foster Realtors.