$200,000

165 Kentucky Rte 233 Highway, Gray, KY 40734

2 beds |
1 bath |
1,044 sqft

Single-Family Home
Built in 1918
28.56acre lot
—— car garage
$192/sqft
Listed 2 months ago

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.)

Listing Status:: Active
Date Added:: January 3, 2026
Data Last Updated:: March 5, 2026 at 7:38AM
Listing Office:: Sallie Davidson, Realtors : 606-877-3000
MLS ID:: 26000142

General: Eat-in Kitchen
Appliances: Gas RangeNone
Laundry: Electric Dryer HookupWasher Hookup
Basement: Crawl Space
Flooring: Vinyl
A/C: None
Heating: Natural Gas

General: Barn(s)Shed(s)
Style: Shotgun
Other Structures: Barn(s)Shed(s)
Parking: Driveway

Roofing: Shingle
General: MasoniteOneStone

Originating MLS: Imagine MLS (Bluegrass REALTORS®)
School District: Knox County - 67
County: Laurel

Zoning: 126-00-00-004.00
View: RuralFarmView
Fencing: Partial

Utilities: Electricity ConnectedNatural Gas ConnectedSewer Not AvailableWater Connected
Water: Public
Sewer: Septic Tank

Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of Sallie Davidson, Realtors

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Hunter Hills Elementary School

8325 S US 25, Corbin, KY, 40701

Grades PK-5

4.29 miles away

North Laurel Middle School

101 Johnson Rd, London, KY, 40741

Grades 6-8

10.24 miles away

Laurel County Day Treatment

65 Marydell Rd, London, KY, 40741

Grades 6-12

8.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.