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33829061
33829379

376 Shugars Hill Road, Liberty, KY 42539

RE/MAX Elite Realty
Listed by RE/MAX Elite Realty
$999,000
9 days on market
Updated 8 days ago

3 Income-producing STRs on 34 acres

Details
Property Type Multifamily, Mixed Use (+1)
Sub Type Single Family Rental Portfolio, Residential
Square Footage 4,460
Units 7
Tenancy Vacant
Price Per Acre $323,000
Class A
Year Built 2022
Buildings 3
Acreage 34.000
Zoning none
Investment Type Stabilized
Ground Lease No

3 STRs plus 4 platted build sites

Marketing description

Private property. No trespassing without a scheduled showing. This is truly a remarkable property! 2 of the 3 homes are active Air BNBs. Nestled in the rolling countryside of Casey County, a half mile from the Central Ky AG Center, this extraordinary 34 +/- acre private estate offers a rare combination of seclusion, convenience, and versatility. Hidden among mature trees the property feels like your own nature retreat-complete with horse riding trails-yet it's located just 1/8 mile from town, giving you quick access to everyday essentials. A well-maintained private road winds through the wooded landscape, leading to three beautifully positioned homes, each thoughtfully placed to maximize privacy and tranquility. This estate is ideal for a family compound, rental investment, retreat property, or multi-generational living. House #1 built in 2024 serves as the centerpiece of the property, offering 4 spacious bedrooms and 3 full bathrooms, with plenty of room for gathering, entertaining. House #2 built in 2022 features 2 bedrooms and 2 full bathrooms, currently bringing $22,000 annually in STR income. With an abundance of natural light through magnificent windows, enjoy the views of nature from every room. Can be sold fully furnished. House #3 was built in 2022 and also offers 2 bedrooms and 2 full bathrooms. Can also be sold fully furnished and currently netting almost $22,000 annually. One of the most remarkable features of this property is the absolute peace and quiet--despite its close proximity to town, the homes are positioned within the woods so that no road noise can be heard, allowing your guests to fully enjoy the sounds of nature, wildlife, and complete privacy. There are an additional 4 building sites already platted and perk tested if you so desire to expand. Whether you're searching for a private family estate or a unique investment opportunity, this one-of-a-kind property is turn-key.

Investment highlights

3 Cabin-style STR homes were built in 2022 and 2024 on 34 acres located at the corner of Hwy 127 and Shugars Hill Rd. The infrastructure is drivable with the average sedan and does not require 4-wheel drive. 4 additional build sites are platted and perk tested for additional STRs or owner-occupant structures. The 2-bedroom cabins are currently bringing $22,000 each annually. The third cabin is owner-occupied. Mobile and manufactured homes restricted. Not sold individually.

Listing Contacts

RE/MAX Elite Realty
Listed by RE/MAX Elite Realty

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Additional Information

Name
Tammy Carr
License
185242
Brokerage
REMAX Elite Realty Danville
Brokerage Phone
859-209-5036
Title
Broker of Record
Brokerage Address
465 S 4th Street Danville Ky
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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