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Land with Home for Sale in Clay City, Kentucky

35 El Way, Clay City, KY 40312

$1,200,000
3.38 acres
Active sale
ago
Est $6,854/mo

Fantastic opportunity to acquire a substantial investment property in one of Kentucky's most sought-after tourism markets. This offering combines three active rental properties with five additional unrestricted lots, creating immediate income potential with significant room for future expansion. Each of the three existing properties features 3 bedrooms and 2 full baths, along with generous parking to accommodate guests with ease. The five additional lots offer the opportunity to continue building, expand the rental portfolio, or create a larger destination-style development-all without restrictive covenants limiting your vision. Ideally positioned with easy access to Natural Bridge State Resort Park and the Red River Gorge, and approximately 9 miles from Kentucky Dragway, the property benefits from proximity to some of the region's most popular outdoor recreation and entertainment destinations. Three established rentals. Five additional unrestricted lots. Multiple opportunities for continued growth. Whether you're looking to expand an existing investment portfolio or establish a larger presence in the Red River Gorge market, this is a property built around possibility.

4,150
Sq feet
9
Beds
6
Full baths
2023
Built

Location

Street address
35 El Way
Zip code
40312
School district
Powell County -19
Elevation
718 feet
Coordinates
37.7809, -83.8683

Directions

Take I-64 East toward Winchester. Take Exit 98 onto Mountain Parkway East toward Campton. Continue approximately 18 miles and take Exit 18 toward KY-1057. Turn right onto KY-1057/Hardwicks Creek Road toward Furnace. Continue approximately 6.3 miles, then turn left onto El Way. Houses are on the left

Property details

Acreage
3.38 acres
MLS #
LBAR 26024297
Posted

Parcels

  • 022-00-00-004.33

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Few Trees

Exterior

Features
Fire Pit, Outdoor Grill

Structure

Style
Contemporary
Stories
1
Basement
Crawl Space
Water
Public
Sewer
Septic Tank
Heating
Electric, Heat Pump
Cooling
Ceiling Fan(s), Central Air
Materials
Vinyl Siding
Roof
Shingle
Windows
Insulated Windows, Screens

Interior

Room Count
2
Rooms
Bathroom x 6, Bedroom x 9, Laundry Room
Flooring
Laminate
Appliances
Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
Features
Ceiling Fan(s), Eat-In Kitchen, Primary First Floor, Walk-In Closet(s)

Nearby schools

NameTypeDistrict
BowenElementaryPowell County -19
Powell CoMiddlePowell County -19
Powell CoHighPowell County -19

Listing history

DateEventPriceChangeSource
Sept 4, 2026New listing$1,200,000LBAR
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This 3.38-acre property is located at 35 El Way in Clay City, KY 40312. The property is available for sale, priced at $1,200,000. It has a 4,150 square foot 9-bedroom, 6-bath house built in 2023.

Listed by Lifstyl Real Estate, (859) 509-7598

Checked 1 hour agoUpdated Source

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