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165 Kentucky Rte 233rd Hwy, Gray, KY 40734

$150,000
: 2
BD
: 1
BA
: 1,044
SqFt

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Sold Price: $150,000
List Price: $169,900
Closing Date: Mar 27, 2026
MLS#: 26000142
Status: CLOSED
Type: Single Family Residential
Subtype: Single Family Residence
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Living Area: 1,044
Lot Size: 1,244,073

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Property Description

This 28-acre farm has been owned by the same family for three generations, dating back to 1963, offering a rare opportunity to own a property rich in history and potential. The main home, built in 1918, features 2 bedrooms, 1 bathroom, and approximately 1,044 sq ft of living space. A second residence is a 1995 26x40 modular home offering 3 bedrooms and 2 bathrooms, providing flexible options for multi-family living or rental income. The property includes a barn and is approximately 30% cleared pasture, with the remaining acreage in wooded land. A Soil and Water Conservation Plan was in place during the 1987-1991 timeframe. The farm has not been actively used in recent years, allowing new owners to tailor the land to their needs. Road frontage is estimated at 1,200-1,300 feet, offering excellent access and future potential. Flood maps indicate approximately 4 acres of bottom land fall within a flood area, while the remaining 24 acres, including both homes and the barn, are in areas with minimal flood risk. Conveniently located with easy access to Corbin and London, this property is ideal for those seeking acreage, privacy, and a multi-home rural setting. (Home is in Laurel County but only 4 miles from Lynn Camp High in Knox. May need to get permission from Knox to enroll.)

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Additional Information

Year Built: 1918
Appliances: Gas Range, None
Basement: Crawl Space
Sewer: Septic Tank
Foundation: Stone
Flooring: Vinyl
Heating: Natural Gas
Interior Features: Eat-In Kitchen
Elementary School: Hunter Hills
Middle School: North Laurel
High School: North Laurel
Water: Public
Roof: Shingle