About This Home
This 9-bedroom, 6-bathroom single family at 35 El Way in Clay City, KY is listed for $1,200,000 ($289 per sqft). Built in 2023, the home offers 4,150 sqft of living space on a 3.38 acres lot.
Key Features
- Built in 2023
- 3.38 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
35 El Way
Clay City, KY 40312
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 9-bedroom, 6-bathroom single family at 35 El Way is listed at $1,200,000 ($289/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2023, 3.38 acre lot. Interior Features: Eat-in Kitchen, Primary First Floor, Walk-In Closet(s). Exterior Features: Fire Pit, Outdoor Grill, Hot Tub.
This property is listed by Heather Isaacs and can be reached at 8597971211.