$550,000
$650,000
15.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
2,009 SqFt
SOLD DATE : 11/26/2024
Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,009 sqft
Price per Sqft $273
Subdivision Rural
MLS Listing ID 24018993
Sold Date 11/26/24
Bedrooms 3
Full Baths 2
Year Built 2003
Lot Size 0.640 Acres
Property Description
Package of (2) Short-Term Rental Cabins For Sale in Red River Gorge Geological Area of Kentucky. The large cabin is sold FULLY FURNISHED and grossed $72k its first year!
Total annual rental projection for both cabins is $125k.
Red River Gorge is an outdoor enthusiast's dream come true! The area offers numerous hiking trails featuring land bridge arches, kayaking, canoeing, horseback-riding, ATV-riding, Jeep trails (Daniel Boone Backcountry Byway trail system), cave paddle boarding, cave kayaking, zip-lining & Natural Bridge State Park.
Red River Gorge is a top world destination for rock climbing. Several incredible locally-owned restaurants and bars.
Stanton was recently ranked #7 by AirDNA in the entire nation for highest return on investment for short-term vacation rentals.
Biggie & Smalls cabins are (2) cabins on the same parcel. Biggie cabin sleeps 1 to 14 guests. Smalls cabin sleeps 1 to 4 guests and needs completed & furnished. Included with Smalls cabin are some new kitchen cabinets, new water heater, new bathroom vanity, & new whirlpool tub with heater.
All 5-star reviews! Currently self-managed, but full property management is available. Broker owned.
Location
State KY
County Powell
Rooms
Basement Crawl Space, Sump Pump
Interior
Interior Features Primary First Floor, Walk-In Closet(s), Eat-in Kitchen, Dining Area, Bedroom First Floor, Ceiling Fan(s)
Heating Heat Pump, Electric
Cooling Electric, Heat Pump
Flooring Hardwood, Laminate, Wood
Fireplaces Type Blower Fan, Living Room, Wood Burning
Laundry Washer Hookup, Electric Dryer Hookup, Main Level
Exterior
Parking Features Off Street, Driveway
Fence None
Utilities Available Other
Waterfront Description No
View Y/N Y
View Mountains, Rural, Trees
Roof Type Metal
Building
Lot Description Wooded
Story Two
Foundation Block, Pillar Post Pier
Sewer Septic Tank
Level or Stories Two
New Construction No
Schools
Elementary Schools Stanton
Middle Schools Powell Co
High Schools Powell Co
School District Powell County -19
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "