$1,200,000
35 El Way, Clay City, KY 40312
- 9
- beds
- 6
- baths
- 4,150
- sqft
- Single Family Residence
- Property type
- 2023
- Year built
- 3.38 acres
- Lot size
- $289
- Price / sq ft
- $0/mo
- HOA
Listing Description
- Eat-in Kitchen
- Primary First Floor
- Walk-In Closet(s)
- Ceiling Fan(s)
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.
Listed by Lifstyl Real Estate · justjennyjackson@gmail.com
MLS #26024297 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Single Family Residence
- Year built
- Built in 2023
- Lot size
- 3.38-acre lot
- Price / sq ft
- $289 / sq ft
- HOA
- $0/mo HOA
Interior
- 9 bedrooms
- 6 bathrooms
- One
- Laminate
Property
- Single Family Residence
- 4,150 sq ft
- 3.38-acre lot
- Other, Few Trees
Construction
- Built in 2023
- Shingle
- Heating: Electric, Heat Pump
- Cooling: Central Air, Ceiling Fan(s), Electric
Show all home details
Interior
- Interior features
- Eat-in Kitchen, Primary First Floor, Walk-In Closet(s), Ceiling Fan(s)
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Cooktop, Self Cleaning Oven
- Flooring
- Laminate
- Basement
- Crawl Space
- Levels
- One
Exterior & parking
- Roof
- Shingle
- Lot features
- Other, Few Trees
- Architectural style
- Contemporary
Utilities & comfort
- Heating
- Electric, Heat Pump
- Cooling
- Central Air, Ceiling Fan(s), Electric
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Not reported
Property & Price History
| Date | Event | Price |
|---|---|---|
| Sep 3, 2026 | Listed for sale | $1,200,000 |
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Property Documents
See what the sellers have done to the property and what known issues they disclose.
Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$7,647/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $6,227
- Taxes
- $1,070
- Other costs
- $350
- $1,200,000
- Home price
- 20% · $240,000
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $6,227
- Estimated property taxes
- $1,070
- Home insurance
- $350
- HOA
- $0
- Utilities
- Not included
Estimate only. Utilities not included.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $6,227
- Estimated property taxes
- $1,070
- Home insurance
- $350
- HOA
- $0
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
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Map and estimated drive times: Mapbox. Each route starts at this home. Times vary with conditions. Walk Score and Bike Score are unavailable.
Assigned Schools
Bowen
Elementary School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Powell Co
Middle School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Powell Co
High School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
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Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty