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1137 High Rock Rd - Red River Gorge Short-Term Rental Development
13.14 Acres of Commercial Land Offered at $1,800,000 in Stanton, KY 40380
Investment Highlights
- High Demand Short-Term Rental Area
- High Quality Construction
- Excellent Access
Executive Summary
Property Facts
| Price | $1,800,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 13.14 AC |
| Price | $1,800,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 13.14 AC |
1 Lot Available
Lot
| Price | $1,800,000 | Lot Size | 13.14 AC |
| Price Per AC | $136,986 |
| Price | $1,800,000 |
| Price Per AC | $136,986 |
| Lot Size | 13.14 AC |
New Short-Term Rental Cabins, Bathhouse, Glamping Community, RV hookups & Residential Lots
Description
We are offering for sale at special pricing our beautiful Red River Gorge 13.14 acre short term rental development property. A property like this is a rare find in this region and offers great potential and access for a prime short term rental development that could easily generate $750,000+ annually in rental revenue with the existing infrastructure.....and considerably more utilizing the remaining developable acreage. Our property has approximately 1,000 feet of road frontage on the scenic High Rock Road in the Red River Gorge. High Rock Road is one of the most popular scenic byways in the Red River Gorge region and hosts critically acclaimed short-term rental locations such as The Cabins at Birch Hollow, the High Rock Hideaway, and the Hive at High Rock....the latter two a directly across from our property. Additionally, our property has within the 13 acres, 5 acres of prime road-frontage property that could be divided into 1 acre lots that could easily be sold for $125,000-$150,000 each. Comparable properties in the area have recently sold for over $100,000 per acre for smaller buildable tracts, and this is a chance to acquire a beautiful tract with rental ready infrastructure for a fraction of that price. The property currently has (4) new cabins of excellent build quality that can sleep up to 4-6 people each. We also have (11) 16' & 20' custom glamping tent platforms and tents for rental that can also easily be converted to mini A-frames. To support the glamping area we have a very nice bathhouse and laundry center that has laundry facilities, 4 private showers, and 4 private bathrooms. Additionally, there are (7) RV full hookups that can handle any sized RV. There is also a space that is ready for a 40' x 80' outdoor pavilion for events. All of our property has usable elevations, with no steep and unusable grades. The property hosts various limestone features, as well as numerous magnificent maple, oak, hickory, dogwood, redbud, and other lush flora. Owner financing available for up to 50% of the purchase price. Bitcoin accepted as payment.
zoning
| Zoning Code | N/A (Not Applicable. In non-zoned jurisdiction.) |
| N/A (Not Applicable. In non-zoned jurisdiction.) |
Presented by
Yara Ministries, Inc.
1137 High Rock Rd - Red River Gorge Short-Term Rental Development
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