Exceptional Investment Opportunity in the Red River Gorge Area
Exceptional Investment Opportunity in the Red River Gorge Area – 34 Acres with Two Charming Cabins! Nestled in the breathtaking Red River Gorge, this 34+/- acre property offers a unique investment opportunity for those seeking both natural beauty and a lucrative income-producing venture. With two charming cabins and a wealth of potential for future development, this property provides a perfect combination of tranquility, adventure, and endless possibilities.
Property Highlights:
Prime Location: Situated just minutes from Red Oaks Forest School, the Daniel Boone Byway for off-roading, and the world-renowned Red River Gorge Geological Area, this property is ideally located for outdoor enthusiasts, tourists, and adventure seekers. The natural beauty of the region is complemented by its proximity to hiking, off-roading, and exploring, making it a sought-after destination.
The Rabbit Hill Cabin: This cozy cabin offers the perfect getaway for up to 4 guests with 1 bedroom and 1 bathroom. Whether used as a vacation rental or a private retreat, this charming space is ready to welcome guests looking to escape to nature. The cabin is designed with comfort and simplicity in mind, allowing visitors to unwind while enjoying the peaceful surroundings.
Red River Rock Development: The property also includes the Red River Rock development, a promising project waiting for a creative investor to bring it to life. With a 24×40 foundation already in place, the site is ready for additional cabins or structures. The property is equipped with underground electric, water, and septic infrastructure, saving you time and effort in the development process. This site provides a blank canvas for you to expand the existing cabins, add recreational areas, trails, or even rename the development to fit your vision.
Recent Updates & Improvements:
- Resurfaced Main Road (2022): Ensuring easier access and better condition for all visitors, the main road leading to the property has been resurfaced, adding value and enhancing the appeal of the development.
- Erosion Control (2022): Careful attention has been given to maintaining the land’s integrity, with erosion control measures recently put in place to protect the property from water damage and ensure long-term sustainability.
- New Water Lines (2023): New water lines have been installed to improve water flow, ensuring efficient service to the existing and future cabins.
- Pump House for Improved Water Pressure: A pump house has been installed to ensure steady and reliable water pressure for the property’s various needs, a valuable upgrade rarely found in the Red River Gorge area.
Endless Potential:
The property has ample space for future development. With multiple additional spots for cabins, the possibility of adding recreational areas, hiking trails, or even a communal space, this property is ripe for expansion. Whether you’re looking to build a private vacation resort, a glamping site, or a getaway for outdoor enthusiasts, the possibilities are virtually limitless.
A Total Investment Package:
This property is being sold as part of a larger portfolio, including another cabin at 499 River Rock Rd (MLS #2408730), offering even more opportunity for growth and income. The combined package is listed for $685,000, making it a unique chance to own a sizable tract of land with immediate rental income potential, along with all the necessary infrastructure in place to support further development.
Why This Property is a Must-See:
- Income-Producing: The Rabbit Hill Cabin is already a proven rental, making it an excellent choice for generating immediate income. The addition of the Red River Rock development adds further investment potential.
- Unmatched Natural Beauty: Situated in one of Kentucky’s most scenic areas, this property provides an idyllic setting for relaxation, outdoor recreation, and nature exploration.
- Future Growth: With infrastructure already in place and additional building sites available, this property offers significant upside potential. The combination of current rental income and the possibility for expansion makes this an attractive investment opportunity.
If you’re ready to step into a profitable venture with room for growth, don’t miss out on this rare opportunity in the heart of the Red River Gorge. Call today to schedule a tour and see firsthand the boundless potential this property holds!
From Zillow
