$725,000

733 Richmond Rd Loop 1, Lancaster, KY 40444

  • 5 beds |
  • 4 baths |
  • 2,934 sqft
  • Property Icon Ranch Property
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon27.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $247/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

TWO Homes on 27 Acres! Multi-Generational Living, Airbnb Income Potential & Homesteading Ready! Rare opportunity to own 27 acres with TWO fully renovated homes, perfect for multi-generational families, investors, homesteaders, or anyone seeking rental or Airbnb income. The main home is a beautifully updated 1,350 sq. ft. all-brick ranch on a full basement, featuring luxury vinyl plank flooring, an upgraded kitchen with stainless steel appliances, and modern tiled bathrooms. The second home, a 1,554 sq. ft. Barndominium, offers an airy open layout with premium countertops, soft-close cabinetry, abundant storage, and a 30x37 attached garage/shop—ideal for hobbies, vehicles, or additional workspace. Together the homes offer 5 bedrooms, 4 full bathrooms, 2 kitchens, and 2 laundry rooms, providing endless options for multi-family living, long-term rentals, short-term rentals, or dual-residence income. The land is set up for homesteading and farm potential, featuring a 40x30 metal shop, 45x45 barn, two natural springs, and extensive fencing that's perfect for cattle, horses, or small livestock. With 27 acres of usable land, this property offers privacy, recreation, and room to grow. Whether you're dreaming of a family compound, an income-producing Airbnb property, or your own Kentucky homestead, this one checks every box. Properties with this combination of land, updates, and versatility rarely come available!

Listing Status:
Active
Date Added:
December 7, 2025 at 06:00AM
Listing Office:
Haven Homes Group : 859-444-0180
MLS ID:
25507527
  • General: Breakfast BarEntrance FoyerEat-in KitchenWalk-In Closet(s)Ceiling Fan(s)
  • Flooring: TileLuxury Vinyl
  • A/C: Attic FanCentral AirElectricExhaust FanHeat Pump
  • Heating: ElectricHeat PumpRadiant
  • Fireplace: Fireplace
  • General: Barn(s)Guest HouseShed(s)Workshop
  • Style: BarndominiumRanch
  • Other Structures: Barn(s)Guest HouseShed(s)Workshop
  • General: One
  • Originating MLS: Imagine MLS (Bluegrass REALTORS®)
  • School District: Garrard County - 23
  • County: Garrard
  • View: RuralFarmView
  • Fencing: OtherWoodWire
  • Current Use: AgriculturalCattlePastureResidential
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Septic Tank
  • Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of Haven Homes Group

Monthly Payment

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

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Location

Schools Nearby

L

Lancaster Elementary School

205 Lexington St, Lancaster, KY, 40444

Grades PK-5

1.60 miles away

G

Garrard Middle School

304 W Maple Ave, Lancaster, KY, 40444

Grades 6-8

1.85 miles away

G

Garrard County High School

599 Industry Rd, Lancaster, KY, 40444

Grades 9-12

1.21 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.