Gray Homes for Sale

Gray Homes for Sale

Welcome to Gray, Kentucky—a hidden gem nestled in the heart of Knox County. This charming community boasts a rich blend of natural beauty and small-town charm, making it an ideal place for families, retirees, and anyone looking to experience a slower pace of life. Gray is surrounded by the stunning landscapes of the Appalachian Mountains, offering breathtaking views and countless outdoor activities, from hiking and fishing to serene picnics in the park.

The sense of community in Gray is palpable, with friendly neighbors and local events that bring residents together. Enjoy the convenience of nearby amenities, including shops, schools, and dining options, all while relishing the tranquility of rural living. The area’s rich history and warm atmosphere create a welcoming environment for newcomers and long-time residents alike.

For those considering a move, Gray offers a diverse selection of homes for sale that cater to various lifestyles and budgets. Whether you’re seeking a cozy cottage, a spacious family home, or a charming fixer-upper, you’ll find properties that embody the character and warmth of this delightful town. With a growing real estate market, now is the perfect time to explore your options and invest in a piece of Gray.

Don’t miss the opportunity to call this picturesque community home. With its beautiful surroundings, strong community spirit, and affordable housing options, Gray, Kentucky, is not just a place to live; it’s a place to thrive. Discover your dream home in Gray today!

Newest Gray Homes for Sale

213 Ky-1232 Hwy, Gray
$1,300,000
8 Beds ⋅ 6 Baths ⋅ 26027545 MLS
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 Hwy, Gray
3649 State Hwy 233, Gray
$575,000
2 Beds ⋅ 2 Baths ⋅ 26025513 MLS
SOUTH EASTERN KENTUCKY RETREAT WITH 43.86 ACRES & ENDLESS POSSIBILITIES! Discover the perfect blend of privacy, recreation, and opportunity on this beautiful 43.86-acre property in southeastern Kentucky. The main residence offers 2 bedrooms and 1 and 1/2 bathrooms, providing a comfortable home base surrounded by the peace and beauty of the countryside. The property features multiple additional buildings, offering incredible flexibility for a variety of uses. With the right vision, these spaces could provide potential for guest accommodations, hobby areas, workshops, entertainment, or future Airbnb possibilities. One standout building includes a bar area and theater, creating an exceptional space for entertaining family and friends. Outdoor enthusiasts will appreciate the pond and extensive trails, perfect for horseback riding, ATVs, hiking, or simply exploring your own private acreage. Whether you're looking for a private homestead, recreational retreat, family compound, or a property with potential income opportunities with an occupied rental trailer on the property, this one offers plenty of room to make your vision a reality. Despite the peaceful rural setting, convenience is close at hand. The property is located just a few miles from stores and restaurants and is conveniently situated near local churches and schools. With nearly 44 acres, multiple structures, a pond, recreational trails, and a versatile main home, this is a rare opportunity to own a property with space, privacy, recreation, and tremendous potential in southeastern Kentucky. Come explore everything this unique property has to offer! This property has income producing qualities all around 2 active gas wells! With the trailer already rented!

3649 State Hwy 233, Gray
6410 Ky 1232 Gray Ky, Gray
$125,000
2 Beds ⋅ 1 Baths ⋅ 26023811 MLS

6410 Ky 1232 Gray Ky, Gray
3998 Ky 830, Gray
$229,900
4 Beds ⋅ 2 Baths ⋅ 26023700 MLS
Freedom Home has a special offer for you! This lovely 4 bedroom, 2 bathrooms offers 2014 square feet of living space, an open concept between the living room and kitchen, large primary bedroom and bath on a beautiful .62 acre lot. This lot offers a large front and backyard both with excellent views. Built in 2026, it has been designed and carefully crafted to offer you, the buyer a home of quality and craftsmanship with lots of extras to help you make a solid decision on your purchase. To enhance your decision Freedom Home is offering a $10,000.00 furniture allowance with the purchase! This home is also eligible for the $12,500.00 down payment assistance program to qualified buyers. Freedom Home offers extended warranties and the usual appliance warranties that come with new appliances.

3998 Ky 830, Gray
332 Autumn Woods Loop, Gray
$375,000
4 Beds ⋅ 3 Baths ⋅ 26022936 MLS
This beautiful brick home offers approximately 2,800 sq. ft. of total living space, with 4 bedrooms and 3 full baths. Features include hardwood floors, quartz countertops, walk-in closets, a versatile bonus room, attached garage, and a new shingle roof installed May 2026. Situated on approximately 0.62 acres with a wooded backdrop, enjoy a covered front porch, private back patio, and occasional visits from local wildlife, including deer. Conveniently located along the US-25E corridor between Corbin and Barbourville with access to shopping, dining, and southeastern Kentucky attractions. A beautiful combination of space, comfort, and Kentucky scenery! Seller offering buy down incentives and buyer agent fees.

332 Autumn Woods Loop, Gray
85 Mary Ann Dr, Gray
$330,000
3 Beds ⋅ 2 Baths ⋅ 26010080 MLS
Welcome home to 85 Mary Ann Drive in Gray, Kentucky — a beautifully updated brick ranch offering the perfect blend of comfort, style, and space for everyday family living. Situated on approximately 2.75 acres, this 3-bedroom, 2-bath home features nearly 2,000 square feet of thoughtfully designed living space with warm wood flooring, modern updates, and inviting gathering areas throughout. Built in 1979, the home combines established character with contemporary improvements including a renovated kitchen with new cabinetry, stainless appliances, updated lighting, and abundant workspace perfect for busy family meals and entertaining. The spacious dining and living areas create an ideal setting for holidays, family dinners, and everyday connection, while the cozy electric fireplace wall with custom built-ins adds warmth and charm. The oversized primary suite offers a relaxing retreat with updated finishes and generous space, while additional bedrooms provide flexibility for family, guests, or a home office. The large unfinished basement gives endless possibilities for storage, hobbies, a workshop, recreation space, or future expansion. An attached garage provides convenience for vehicles, tools, and outdoor equipment. Outside, families will appreciate the privacy and room to roam with a large yard ideal for gardening, or outdoor entertaining. Located in the Gray community with convenient access to Corbin, Barbourville, shopping, dining, and schools, this property offers the peaceful feel of country living while remaining close to everyday amenities. Whether you're looking for space to grow, room to gather, or simply a move-in-ready home with character and functionality, 85 Mary Ann Drive delivers the lifestyle Kentucky families are searching for.

85 Mary Ann Dr, Gray
52 Drive Parker Ln Unit A, B, C, Gray
$64,990
3 Beds ⋅ 2 Baths ⋅ 25508230 MLS
3 buildings on one property, priced to sell fast in Gray, KY. This half acre property includes a main house and 2 mobile homes, all on the same parcel. Each building has its own electric meter, and there are at least two septic systems on site, offering flexibility for future use. The main house has a great layout with plenty of natural light. It offers a living room, an open kitchen and dining area, a separate laundry room, an oversized attached two car garage, 3 bedrooms, and 2 full bathrooms. The house need extensive repairs, but the layout works well and the potential is strong. One of the mobile homes is livable and has 3 bedrooms and 2 bathrooms, though it needs repairs and updates. The second mobile home is filled with debris and its condition is unknown. This is a property a buyer who sees the upside and is comfortable taking on repairs. With multiple structures already in place, this property offers solid potential for living and different strea of incomes and is priced to sell quickly.

52 Drive Parker Ln Unit A, B, C, Gray
2922 State Highway 1232, Gray
$289,000
3 Beds ⋅ 2 Baths ⋅ 26008072 MLS
Welcome to country living at its finest! This one owner home has been well maintained and has a lot to offer. Starting with 3 bedrooms, 1 1/2 bath, dining area, living room, kitchen with plenty of light with the sliding patio doors, a beautiful great room with a craftsmanship rock wood burning fireplace, real hardwood mostly throughout and a real nice/clean conditioned basement. There is a two-car attached carport that could also be utilized as an entertainment area for cookouts or just sitting in the shade having your morning coffee. All this boast on 6.5 acres with 2 massive barns, both on block foundations. Both barns are very large, not just capable to hold farm equipment but one could really use their imagination and could bring to life a nice event venue. The entire driveway is blacktop right up to the house and barns. If you have been dreaming of owning a home out in the country with some land, no restrictions, just freedom, maybe having some livestock, while just mins from town, this home could possibly be for you. Schedule your showing today.

2922 State Highway 1232, Gray
154 Arkle Rd, Gray
$150,000
3 Beds ⋅ 2 Baths ⋅ 26010798 MLS
Privacy and serenity await at this charming 3bedroom, 2bath mobile home nestled in a peaceful setting with beautiful views. The property features a blacktop driveway, a covered front porch perfect for relaxing, and a twobay workshop located on the opposite side of the property—ideal for projects, storage, or hobbies. Inside, you'll find a spacious master suite with a large ensuite bathroom and a walkin closet accessible through the bath. The home offers plenty of yard space for gardening, hobby farming, or any outdoor activity your heart desires. According to the sellers, multiple septic tanks are already in place, adding flexibility for future use or expansion. The location is excellent, offering the tranquility of country living while being conveniently close to Corbin City and Barbourville, providing easy access to shopping, dining, and local amenities. This property truly must be seen to be appreciated. Sold asis

154 Arkle Rd, Gray
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