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London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale

213 Ky-1232 Highway, Gray, KY 40734

$1,300,000
  • 213 Ky-1232 Highway, Gray, KY 40734 Main Photo

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Featured Listing New to the Market Active
BEDS8 BATHS6 full SQUARE FEET3,398 MLS#26027545
STATUS PROPERTY TYPEResidential - Single Family SUBDIVISIONRural SCHOOLKnox County - 67

Property Description

SLEEPING TURTLE PAY LAKE & AIR B&B ??? A TURNKEY BUSINESS WITH ROOM TO GROW! 213 KY 1232, Gray, KY 40734. Boasting 48 acres here is an extraordinary opportunity to Work from Home with Sleeping Turtle Air B&B with Pay Lake, an established recreational and hospitality destination situated on approximately 48 acres in the Gray, Kentucky area. This unique property combines income-producing lodging, recreational opportunities, a lake business, retail potential, and a comfortable owner's residence???all in one package! The property features One large pay lake and 2 additional private ponds, creating an incredible setting for fishing, relaxation, meditation garden, outdoor recreation, and future expansion. Five existing Air B&B units provide an immediate lodging component and the opportunity to generate income while continuing to develop the property into a premier destination getaway. Bait shop/store and eatery space, providing the foundation for a one-stop destination serving guests, fishermen, campers, hikers, and visitors from the surrounding area. With the right vision, there is tremendous potential to expand the lodging, recreational amenities, food service, events, camping opportunities, and other income-producing uses. The property also includes an approximately 1,200 square-foot owner's home offering 3 bedrooms and 2 baths???ideal for an owner/operator who wants to live on-site and be close to the business. Approximately 30 acres are wooded, providing a beautiful natural backdrop and excellent opportunities for hiking, hunting, wildlife watching, and outdoor recreation. The combination of ponds, woods, lodging, and commercial facilities creates a property with a rare mix of recreational appeal and business potential. Whether you're looking for an established recreational business, an investment property, a family-operated destination, or a property with significant room for expansion, Sleeping Turtle Pay Lake deserves a serious look. 48?± ACRES | 3 PONDS | 5 AIR B&B UNITS | BAIT SHOP/STORE | EATERY |1,200?± SQ. FT. OWNER'S HOME | 3 BR | 2 BA | 30?± WOODED ACRES | HIKING | HUNTING | EXPANSION POTENTIAL Offered at $1,300,000. Opportunities like this don't come along often???a property where you can live, work, entertain, generate income, and continue building the vision. Bring your entrepreneurial spirit and make Sleeping Turtle Pay Lake your next great investment! ***Main Building is concrete with 4118 sq ft and holds 2 AirB&B apartments with space for more. Present outside rentals are Farm House 450 sq ft w 12x12 deck, Tiny home is 160 soft with 10x4 covered porch. Dry Camp is 120 sq ft plus 40 sq ft loft space and a 10x4 covered porch. The Owners residence is 1358 sq ft with a 2 car garage 581 sq ft and a 7x14 wing space.

213 Ky-1232 Highway | MLS# 26027545

This single family home located at 213 Ky-1232 Highway, Gray, KY 40734 is currently listed for sale by Sallie Davidson, Realtors, with an asking price of $1,300,000. This property was built in 1994 and has 8 bedrooms and 6 full baths with 3398 sq. ft. Ky-1232 Highway is located in the Rural subdivision within the Knox County - 67 school district. Search Rural real estate on www.salliedavidsonrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Heat Pump, Multi Units
Fuel Type: Gas
Garage: 2
Heating: Forced Air, Heat Pump, Natural Gas, Space Heater
Home Style: Ranch
Lot Size: 48.00 Acres
Roof Type: Shingle
Year Built: 1994

Amenities

Eat-in Kitchen
Primary First Floor
Fire Pit
Outdoor Grill

Feature Descriptions

Appliance Features: Dishwasher, Gas Range, Microwave, Refrigerator
Attic: Access Only
Body of Water: Other
Days on Site: 2
Exterior: Vinyl Siding
Flooring: Carpet, Ceramic Tile, Vinyl, Luxury Vinyl
Laundry: Electric Dryer Hookup, Washer Hookup
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 48 acre(s)
Lot Features: Secluded, Wooded
Parcel #: 055-00-00-007.00 055-00-00-007.01
Parking Notes: Attached Garage, Driveway, Garage Door Opener, Garage Faces Side
Rooms Total: 7
Structures: Workshop, Other
Structure Type: House
Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Not Available, Water Available
Window Features: Insulated Windows
Wooded: Yes

Local Schools

High School: Knox Central
Middle School: Knox
Elementary School: Lynn Camp
School District: Knox County - 67

Listed By / Shown By

agent picture

Listed By

Agency Name: Sallie Davidson, Realtors
Agent Name: Debbie Williams
Agency Phone: (606) 682-3367

Estimate Your Payment

Estimated Payment

$ 5,049.23 per month $4,670.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $379.17 Homeowner's Insurance

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