Gray Homes under $400,000

Gray Homes under $400,000

Welcome to Gray, Kentucky—a hidden gem nestled in the heart of the Bluegrass State. This charming city offers a perfect blend of small-town warmth and modern convenience, making it an ideal place for families, retirees, and everyone in between. With its picturesque landscapes, friendly community, and a rich history, Gray beckons those seeking a tranquil yet vibrant lifestyle.

One of the most enticing aspects of Gray is its affordability in the housing market. For those looking to invest in their dream home without breaking the bank, you’ll find an impressive selection of homes under $400,000. Whether you’re searching for a cozy single-family residence, a spacious ranch-style home, or a quaint cottage, Gray has something to suit every taste and budget. These homes often feature charming designs, ample outdoor space, and modern amenities, allowing you to enjoy comfort and style without compromising on quality.

Gray’s strategic location means you’re never far from urban conveniences while still enjoying the serenity of rural living. With easy access to nearby cities, you can enjoy shopping, dining, and entertainment options, all while returning home to the peaceful embrace of Gray.

Outdoor enthusiasts will revel in the nearby parks and recreational areas, perfect for hiking, biking, or simply soaking in the natural beauty that Kentucky has to offer.

In Gray, you’re not just buying a home; you’re investing in a lifestyle. Come explore the possibilities and discover why Gray, KY, is the perfect place to call home!

Newest Gray Homes under $400,000

2866 Middle Fork-Richland Creek Rd, Gray
$169,900
3 Beds ⋅ 1 Baths ⋅ 26027802 MLS
PRIVATE MOUNTAIN RETREAT WITH BRAND NEW METAL ROOF & GUTTERS! This unique 3-bedroom, 1-bath log cabin offers the perfect blend of rustic charm, comfort, and privacy. Perched at the top of the hill, the home takes advantage of beautiful mountain views and a peaceful setting. Enjoy the views on either of the covered porches, each featuring its own porch swing. Inside, you'll find an inviting open-concept living area highlighted by a stunning hardwood cathedral ceiling and beautiful recently refinished hardwood floors. Other recent improvements include a NEWER HVAC system with slow-start technology, and a very spacious bathroom with NEW FLOORING. The oversized mudroom provides excellent storage and everyday functionality located just off the side porch. The property also includes a matching storage shed and beautifully landscaped grounds. While much of the 2.09 acres is hillside, there are usable level areas around the home and plenty of room to enjoy the outdoors. A truly special property offering privacy, character, views, and the peaceful feel of a mountain getaway while still providing all the comforts of home and less than 15 minutes to I75 interstate. Owner/Agent

2866 Middle Fork-Richland Creek Rd, Gray
6410 Ky 1232 Gray Ky, Gray
$130,000
2 Beds ⋅ 1 Baths ⋅ 26023811 MLS

6410 Ky 1232 Gray Ky, Gray
3998 Kentucky 830, Gray
$229,900
4 Beds ⋅ 2 Baths ⋅ 26023700 MLS
Another awesome 4 bedroom 2 bath Clayton Home . This place is full of extras.

3998 Kentucky 830, Gray
332 Autumn Woods Loop, Gray
$399,900
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!

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
$74,990
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
3590 Ky 233, Gray
$255,000
3 Beds ⋅ 2 Baths ⋅ 26007836 MLS
This Gorgeous 2024 Doublewide manufactured home with permanent block foundation sits on 5.99 surveyed acres in the country. The home features 3 bedrooms with walk in closets, 2 full baths, open concept kitchen, living and dining area and utility room. The exterior features a large front deck, rear deck, concrete sidewalks and a double detached metal carport. Call for more information or to schedule a viewing!

3590 Ky 233, 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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