$39,900

975 California Hollow Road, Gray, KY 40734

  • 3 beds |
  • 2 baths |
  • 1,344 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $30/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Cash Offers Only/ Property will not qualify for traditional financing. Investor Alert! Don't miss this income-producing opportunity at 975 California Hollow Rd in Gray, KY. This property offers strong rental potential in a desirable rural setting with convenient access to town, making it attractive to long-term tenants seeking affordability and privacy. Situated on a spacious lot, this home provides room for outdoor enjoyment, future improvements, or added value through updates. With steady demand for rentals in the area, this property is ideal for investors looking to expand their portfolio or for buyers seeking a budget-friendly home with income potential. Whether you're searching for a long-term rental, a cash-flow opportunity, or a value-add investment, this property checks the boxes. Affordable entry point, additional rooms that could be converted to bedrooms, quiet location, and solid rental demand make this a smart addition to any investment strategy. Schedule your showing today and explore the potential this property has to offer!

Listing Status:
Active
Date Added:
December 29, 2025
Data Last Updated:
March 5, 2026 at 7:39PM
Listing Office:
New Beginnings Real Estate LLC : 606-620-5105
MLS ID:
25508545
  • General: Entrance FoyerCeiling Fan(s)
  • Laundry: Electric Dryer HookupWasher HookupLower Level
  • Flooring: LaminateVinylWood
  • A/C: Ceiling Fan(s)ElectricHeat Pump
  • Heating: ElectricHeat Pump
  • General: Awning(s)Shed(s)Workshop
  • Style: Craftsman
  • Other Structures: Shed(s)Workshop
  • Parking: Driveway
  • Roofing: Shingle
  • General: Aluminum SidingVinyl SidingOneBlockOtherStone
  • Golf: Park
  • Originating MLS: Imagine MLS (Bluegrass REALTORS®)
  • School District: Knox County - 67
  • County: Knox
  • Zoning: 088-00-00-051.05
  • View: RuralTrees/WoodsMountain(s)FarmWaterView
  • Fencing: Chain LinkPartialWire
  • Utilities: Cable AvailableElectricity AvailableSewer ConnectedWater Available
  • Water: Public
  • Sewer: Private SewerSeptic Tank
  • Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of New Beginnings Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #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

J

Jesse D Lay Elementary School

220 N Allison Ave, Barbourville, KY, 40906

Grades PK-6

1.80 miles away

K

Knox County Middle School

311 N Main St, Barbourville, KY, 40906

Grades 7-8

1.88 miles away

K

Knox County Day Treatment

135 Wall St, Barbourville, KY, 40906

Grades 6-12

1.93 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.

Similar Listing

47 Old Farm Road, Cannon, KY 40923
Single-Family Home For Sale

$45,000

  • 3 bed |
  • 2 bath |
  • 1,580 sqft |
  • 0.5 acre lot
47 Old Farm Road Cannon, KY 40923

#25503458 - WEICHERT REALTORS - Ford Brothers