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For sale by owner
  • $220,000

    228 Lofty Heights Rd, Clay City, KY 40312

    4beds
    1,700sqft
    : 
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    SingleFamily
    Built in 1950
    20 Acres Lot
    $-- Zestimate®
    $129/sqft
    $-- HOA

    What's special

    Plenty of road frontage
    A beautiful farmhouse that was extremely outdated, so, we did the hard work and gutted it down to the studs. We are currently installing all new floor joists and subflooring throughout. This property has NO Restrictions, so you can finish it with your very own floor plan remodeling or expansion. Next to the house is a 800sf cabin that is all brand new and around 90% complete. The property has all utilities , septic, and is spring fed, so you will never have a water bill. You can tie into the city a few hundred feet away if you wanted to. That's an easy option. It's very peaceful with no close neighbors and it is not a flood zone. This property has never, ever flooded and will never flood. It has plenty of road frontage and investment opportunities. It was lived in last in 2019. There is a secondary road that leads up and throughout the property where it's flat and you can build a ton of rental cabins, glamping sites, tree house rentals, hiking trails etc., or you can build a beautiful barndominum with a million dollar view. . There is also huge timber throughout that the property that can be logged. It's a peaceful, beautiful property and a nature lovers dream when every plant life you can think of for herbal medicine and wildlife that come right down to your door step, every morning and evenings. For hunters this is a dream. It has huge, mature whitetail dear and record bucks that have never been hunted. I have fed and grew plots for them and as you see in the pictures, they are huge. This property is great for land banking, Air BNB, glamping sites, hiking trails, rental cabins, a rental, or turn it into your very own OASIS or retirement home. It is also great to turn into a family compound and trust, for generations to enjoy.The great thing with this property is it is ready for you to make it your own. It is only 15 minutes from the beautiful tourist destination Red River Gorge. You can easily tap into that income. It has great schools, and is a respectful, down to earth community that's beginning to grow. It is 15 minutes from Winchester, 15 minutes from Mt. Sterling, Richmond, 35 minutes from Morehead, and 30 minutes from Lexington. Snatch this beautiful property up today and make it your dream home. Owner is willing to negotiate the price for a quick cash sale. All serious offers will be considered. There is a brand new sawmill that cuts up to 36'x38 logs that is an option to keep at the property, for those who want to harvest logs from the property and then mill them to build with or to sell lumber, depending on the offer.
    What the owner loves about this home
    Beautiful views, it's not a flood zone, it's only 15 minutes from the beautiful Red River Gorge, plenty of road frontage, no neighbors, it's a nature lovers paradise, there is wildlife everywhere, and it is ready for a buyer to make it their very own, how ever they want it. The biggest thing I love about the property is, once you arrive there, it immediately feels so peaceful, relaxing, and like home.
    18 days
    |
    1,093
    |
    58
    |
    Listed by:

    Property Owner (859) 749-5087

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Other, Wood / Pellet
      Cooling
      • Other, Wall
      Features
      • Flooring: Other
      • Basement: None
      Interior area
      • Total interior livable area: 1,700 sqft

      Property

      Parking
      • Parking features: Carport, Garage
      Features
      • Exterior features: Vinyl
      • Has view: Yes
      • View description: Mountain
      Lot
      • Size: 20 Acres
      Details
      • Parcel number: 08P000008901

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1950

      Community & HOA

      Location
      • Region: Clay City

      Financial & listing details

      • Price per square foot: $129/sqft
      • Tax assessed value: $52,767
      • Annual tax amount: $478
      • Date on market: 6/7/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,350/mo

        Price history

        DateEventPrice
        6/7/2026Listed for sale$220,000-12%$129/sqft
        Source: Owner Report a problem
        5/12/2026Listing removed$249,900$147/sqft
        Source: Imagine MLS #25018728 Report a problem
        12/30/2025Price change$249,900-7.4%$147/sqft
        Source: Imagine MLS #25018728 Report a problem
        8/22/2025Listed for sale$269,900$159/sqft
        Source: Imagine MLS #25018728 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$478 $52,767

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 40312

          Getting around

          25 / 100
          Car-Dependent
          9 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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