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(SOLD) $75,000

Lot 1B Rock House Ridge Boulevard Stanton, KY  40380

Property Description for Lot 1B Rock House Ridge Boulevard Stanton, KY 40380

Welcome to a real estate investment opportunity called Rock House Ridge. This development is nestled away at the peak of furnace mountain, with every planned build site being around 1280' in elevation, and enjoying a beautiful ridge line - actually at the same elevation as the peak of Raven Rock. The Red River Gorge short term rental market is extremely popular and ranks among the nations very best. Your short term rental investment at Rock House Ridge will offer your customers not just a stay in a beautiful cabin, but the experience of a lifetime. Upon purchasing a lot at Rock House Ridge you will gain access to over 6 acres of amenities, valued at approximately $2 million, to offer to your guests. These amenities include the woodland inspired playground, hiking trails with 30 mile views, the on-site historic rock house (once used as shelters by America's earliest inhabitants) areas to picnic with your family or larger groups, a pleasant look-out deck and water features. Lot prices include water well development, septic soil preparation, electric utility to lot, and top-shelf road construction. HOA and Covenant restrictions available, HOA fee expected to be $75 per month.

Address:Lot 1B Rock House Ridge Boulevard Stanton KY 40380
Status:Sold
Sold On: 10/13/2023
Price:$77,000
Bathrooms:0
Lot Size:0.94
County: Powell
MLS #:23010402
Property Type:Lot

Lot Dimensions:40946
Zoning:R-1A
Water Source:Well
Directions:From Highway 64 in Winchester, take Bert T. Combs Mountain Parkway for 21 miles to exit 22 in Stanton. Turn right (South on Furnace Rd) for 5.5 miles. Turn left (North) on Knowlton Ridge Road. Drive .6 miles to subdivision entrance.

Loan Price
$422
Price And Interest $391/month
Property Tax $0/month
MTG INS $0/month
HOME INS $31/month
Price
$75,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$372 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 019 - Powell County
City:Stanton
Subdivision: Rural
Zip Code:40380

High School:Powell Co
Middle School:Powell Co
Elementary School:Stanton

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Brett Franklin with Bluegrass Home Group

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.





Stanton, KY Market Report

105
Avg. DOM
$ 252,450
Med. List Price

The house prices in Stanton are indeed dropping at the moment. There has been a decrease in price of $41,400.00. 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 Stanton are going Down. The average house price is $257,000.00 and the average price per square feet is $0.00 per square feet. At the moment, the amount of homes listed is exactly 149 houses, with 38 with active status, 9 with pending status and 102 sold in Stanton .

The most popular place to buy a home in Stanton is 019 - Powell County. 019 - Powell 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 Stanton .

The average amount of property taxes you would have to pay for a home in Stanton 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 Stanton are staying listed for an average of 100 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 Stanton was 2006 minutes ago.

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

The cost of the most expensive home in Stanton is $971,250.00. 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 Stanton 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 Stanton in year 1916 and the newest built house is in year 9999.

The average size of properties in Stanton 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.