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$99,000

360 Pheasant Lane Wellington, KY  40387

  • 1 Beds
  • 1 Baths

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Property Description for 360 Pheasant Lane Wellington, KY 40387

Nestled in the serene woods just minutes from Cave Run Lake and the stunning Red River Gorge, this cozy cabin is a hidden gem waiting to be transformed into a thriving short-term rental. While the property needs some TLC, its incredible location and untapped potential make it a promising investment for those looking to capitalize on the area's growing popularity. Less than 10 minutes from Cave Run Lake, offering opportunities for boating, fishing, and outdoor recreation. Just a short drive from the world-renowned Red River Gorge, perfect for hiking, rock climbing, and nature lovers. Tranquil Setting Tucked away in the woods, you'll enjoy peace, privacy, and stunning natural surroundings - ideal for guests seeking a relaxing retreat. With increasing demand for vacation rentals in this area, your investment can yield great returns once the property is updated to meet the needs of today's travelers. Don't miss the opportunity to turn this cabin into a profitable and charming rental property! Cabin is sold as-is inspections welcome. Property is 2 lots 33 and 34 of the Raven woods sub.

Address:360 Pheasant Lane Wellington KY 40387
Status:Active
on site: 1 day
Price:$99,000
Bedrooms:1 Beds
Bathrooms:1 Half Baths
Year Built:1990
Lot Size:0.99
County: Menifee
School System : Menifee County -39
MLS #:24024365
Property Type:Single Family Residence

Lot Dimensions:43124
Water Source:Public
Directions:From Frenchburg, take hwy 1274 past Longbow Marina, and go on up Banger Hill when you see the Dollar General on your left, take the next left on Pheasant Lane Property will be on your right
Abv. Grnd. Sq. Ft. :725
Sq. Ft. Source:Public Records

Loan Price
$557
Price And Interest $516/month
Property Tax $0/month
MTG INS $0/month
HOME INS $41/month
Price
$99,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$492 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom Info Not Available
Half Bath Info Not Available
Kitchen Info Not Available
Living Room Info Not Available

Mandatory HOA Fee:$

Area: 039 - Menifee County
Subdivision: Raven Woods
Zip Code:40387

School System:Menifee County -39
High School:Menifee Co
Middle School:Menifee Co
Elementary School:Menifee Co

Exterior Type:Wood Siding
Heat:Baseboard
Total Rooms:2
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Adam Ratliff with Paragon Realty Partners

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Wellington, KY Market Report

85
Avg. DOM
$ 159,500
Med. List Price

The house prices in Wellington are indeed dropping at the moment. There has been a decrease in price of $13,416.81. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Wellington are going Down. The average house price is $169,500.00 and the average price per square feet is $0.00 per square feet. At the moment, the amount of homes listed is exactly 121 houses, with 23 with active status, 6 with pending status and 92 sold in Wellington .

The most popular place to buy a home in Wellington is 039 - Menifee County. 039 - Menifee County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Wellington .

The average amount of property taxes you would have to pay for a home in Wellington is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Wellington are staying listed for an average of 103 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Wellington was 3513 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Wellington is $350,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Wellington is $110,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Wellington in year 1979 and the newest built house is in year 9999.

The average size of properties in Wellington is 0 sq.ft. , the biggest one being 0 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.