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Land with Home for Sale in Gray, Kentucky

165 Kentucky Rte 233, Gray, KY 40734

$200,000
28.6 acres
Active
Est $1,113/mo

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.)

1,044
Sq feet
2
Beds
1
Full bath
1918
Built

Location

Street address
165 Kentucky Rte 233
School district
Knox County - 67
Elevation
1,162 feet
Coordinates
36.9885, -84.0063

Directions

From exit 29 of I-75 travel East Cumberland Gap Pkwy (US 25 E) appx 8-9 turn left on 830 by Lynn Camp School go approx.3.5 miles Turn Right on 233. Home on Right. sign in yard between the 2 dwellings.

Property details

Acreage
28.56 acres
MLS #
LBAR 26000142
Posted

Parcels

  • 126-00-00-004.00

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Independent

Lot

Features
Wooded

Exterior

Parking
Driveway

Structure

Style
Shotgun
Stories
1
Basement
Crawl Space
Water
Public
Sewer
Septic Tank
Heating
Natural Gas
Materials
Masonite
Roof
Shingle

Interior

Room Count
5
Rooms
Bathroom, Bedroom x 2, Laundry Room
Flooring
Vinyl
Appliances
Gas Range
Features
Eat-In Kitchen

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameTypeDistrict
Hunter HillsElementaryKnox County - 67
North LaurelMiddleKnox County - 67
North LaurelHighKnox County - 67

Listing history

DateEventPriceChangeSource
Jan 3, 2026New listing$200,000LBAR
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This 28.56-acre property is located at 165 Kentucky Rte 233 in Gray, KY 40734. The property is available for sale for $200,000. It has a 1,044 sq ft 2 bedroom, 1 bath house built in 1918.

Checked 1 hour ago — Updated

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