733 Richmond Rd Loop 1, Lancaster, KY 40444 (MLS # 25507467)

Price $725,000
Status Active
Beds 5
Baths 4 Baths
Home size 2,934 sqft
Lot Size 27.30 ac
Days on Market 3
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!
Property Type(s): Single Family
Last Updated 12/5/2025 Tract Rural
Year Built 1973 Community 023 - Garrard County
Garage Spaces 4.0 County Garrard

SCHOOLS

Elementary School Lancaster
Jr. High School Garrard Co
High School Garrard Co

Additional Details

AIR Attic Fan, Central Air, Electric, Exhaust Fan, Heat Pump
AIR CONDITIONING Yes
APPLIANCES Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Other, Oven, Refrigerator
AREA 023 - Garrard County
BARN/EQUESTRIAN Yes
BASEMENT Concrete, Sump Pump, Unfinished, Yes
CONSTRUCTION Brick Veneer, Metal Siding
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Heat Pump, Radiant
INTERIOR Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Soaking Tub, Walk-In Closet(s)
LOT 27.3 acre(s)
PARKING Driveway, Garage Faces Rear
SEWER Septic Tank
STORIES 1
STYLE Barndominium, Ranch
SUBDIVISION Rural
UTILITIES Electricity Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Rural, Farm
WATER Public

Location

 

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Listed with Haven Homes Group

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