DEVELOPMENT OPPORTUNITY! Rarely does 40.06 acres become available in a location offering this combination of acreage, access, and proximity to Richmond. Situated near the Richmond city limits with frontage along two roadways, this property deserves a closer look from developers, builders, investors, or buyers seeking a significant landholding in a convenient location. The property offers a mix of open and wooded acreage, a 2.29-acre pond, public water, gated access, and existing improvements including a 4,132-square-foot residence and metal barn with electric and concrete flooring. Its location near the city limits, along with potential for future annexation, creates an opportunity for buyers to explore a variety of possible future uses. Whether considered for residential development, investment, a private estate, or another use, the size and location make this a unique offering in Madison County. Buyers and their representatives should independently verify zoning, annexation, subdivision potential, utility availability and capacity, access requirements, and all proposed uses with the appropriate governmental and utility authorities.
| MLS # | 25014861 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 413 |
| Listing Provided By | Berkshire Hathaway HomeServices Foster Realtors | Daphne Jewell |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 4,131 |
| Garage | 2 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 40.06 |
| Property View | Farm, Rural, Trees, Woods, Water |
| Rooms Total | 17 |
|---|---|
| Cooling | Electric, Heat Pump, Other |
| Heating | Dual Fuel, Electric, Heat Pump, Propane Tank Owned |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Primary Downstairs, Walk-In Closet(s) |
| Window Features | Blinds, Screens |
| Appliances | Disposal, Gas Range, Microwave, Oven, Refrigerator, Trash Compactor |
| Roof | Dimensional Style |
|---|---|
| Construction Materials | Brick Veneer |
| Foundation Details | Block |
| Lot Features | Secluded, Wooded |
| Fencing | Partial, Other |
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Attached Garage, Detached Carport, Driveway, Garage Door Opener, Garage Faces Front |
| Sewer | Septic Tank |
|---|
| State | KY |
|---|---|
| County | Madison |
| City | Richmond |
| Zip Code | 40475 |
| Area | 008 Madison County |
| Subarea | Madison County |
| Community Name | Rural |
| School District | Madison County |
| Elementary School | White Hall |
| High School | Madison Central |
| Listing VS Median (in Rural) | |
Price: $1,450,000 low | high Med: $294,500 sqft: 4,131 low | high Med: 1,382 $ / sqft: $351 low | high Med: $213 On site: 413 low | high Med: 90 | |
| State | KY |
|---|---|
| County | Madison |
| City | Richmond |
| Zip Code | 40475 |
| Area | 008 Madison County |
| Subarea | Madison County |
| Community Name | Rural |
| School District | Madison County |
| Elementary School | White Hall |
| High School | Madison Central |
| Listing VS Median (in Rural) | |
Price: $1,450,000 low | high Med: $294,500 sqft: 4,131 low | high Med: 1,382 $ / sqft: $351 low | high Med: $213 On site: 413 low | high Med: 90 | |