35 El Way, Clay City, KY 40312
35 El Way, Clay City, KY 40312
35 El Way, Clay City, KY 40312
35 El Way, Clay City, KY 40312
35 El Way, Clay City, KY 40312
35 El Way, Clay City, KY 40312
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$ 1,200,000

9 Beds

6 Baths

4,150 SqFt


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$ 1,200,000
Save

9 Beds

6 Baths

4,150 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,150 sqft

Price per Sqft $289

MLS Listing ID 26024297

Style Contemporary

Bedrooms 9

Full Baths 6

Year Built 2023

Lot Size 3.380 Acres

Acres 3.38

Property Sub-Type Single Family Residence

Property Description

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.

Location

State KY

County Powell

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs, Walk-In Closet(s)

Heating Electric, Heat Pump

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Laminate

Laundry Electric Dryer Hookup, Main Level, Washer Hookup

Exterior

Exterior Feature Fire Pit, Outdoor Grill

Fence None

View Y/N N

Roof Type Shingle

Handicap Access No

Private Pool No

Building

Story One

Foundation Block

Sewer Septic Tank

Level or Stories One

Schools

Elementary Schools Bowen

Middle Schools Powell Co

High Schools Powell Co

Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Lifstyl Real Estate

Nearby Locations

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35 El Way