# 1035 Peggy Flats Road, Berea, KY 40403

> **TL;DR:** land, $699,900. Est. $3,743/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $699,900 |
| Lot Size | 1,132,560 sqft (26.00 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,539 |
| Estimated Insurance | $204 |
| **Total** | **$3,743** |

## Property Highlights

- 26.00 acre lot

## Description

### Agent Description
Drone photography will be added Tuesday (weather permitting) Exceptional Residential Development Opportunity - Fincastle Subdivision Phase II | Berea, Kentucky Build the next chapter of one of Berea's established neighborhoods. This 26+/- acre development opportunity offers the rare chance to create Phase II of Fincastle Subdivision, expanding a well-established community while contributing to the continued growth and beauty of Berea, Kentucky. With the groundwork of an existing neighborhood already in place, this property provides the perfect blank canvas for a developer or builder with vision. Design a thoughtfully planned community that complements the surrounding homes while meeting the demand for quality housing in one of Central Kentucky's most desirable small cities. Not looking to develop? Keep it for yourself and family to have plenty of building site options. Located within the Berea city limits, the property offers the convenience of city sewer, water, and electric utilities, along with excellent accessibility, helping streamline the development process. Future homeowners will appreciate being just minutes from many of Berea's most loved destinations, including: Berea College Berea Community Schools The Berea College Forest and the renowned Pinnacles hiking trails Berea's scenic walking and biking trails Historic Artisan Village and College Square Kentucky Artisan Center Boone Tavern Hotel & Restaurant I-75 for convenient travel to Richmond, Lexington, and beyond Known as the Folk Arts & Crafts Capital of Kentucky, Berea offers a unique combination of small-town charm, outdoor recreation, a vibrant arts community, and an outstanding quality of life. Residents enjoy miles of hiking and biking opportunities, beautiful mountain views, local shops and restaurants, and year-round community events. Whether your vision includes a boutique neighborhood, custom homes, or a signature residential community, Fincastle Subdivision Phase II presents an exceptional opportunity to leave a lasting mark on one of Kentucky's fastest-growing and most desirable communities.

## Location

- **Address:** 1035 Peggy Flats Road, Berea, KY 40403
- **County:** Madison
- **Neighborhood:** Fincastle
- **Coordinates:** 37.608803, -84.320423
- **Google Maps:** https://www.google.com/maps?q=37.608803,-84.320423

## Listing Agent

- **Name:** Tina Neal
- **Brokerage:** RE/MAX Elite Realty
- **Phone:** 8593020259

## Primary Photo

![1035 Peggy Flats Road - Primary Photo](http://lh.rdcpix.com/7558798e81cba1aa0fd1488b1bda8df2l-f3015861270r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.ai/listing/1035-peggy-flats-road-berea-ky-40403-26017898)*

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**MLS#:** 26017898 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1035-peggy-flats-road-berea-ky-40403-26017898)

---

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