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Improved Land for Sale in Richmond, Kentucky

3700 River Dr, Richmond, KY 40475

$1,375,000
58 acres
Active sale
$125k drop
Est $7,854/mo

Rare opportunity to own one of Central Kentucky's most extraordinary riverfront estates. Situated on 58+/- acres with over 1,700 feet of Kentucky River frontage, this exceptional property seamlessly combines luxury living, agricultural versatility, and commercial opportunity-all just minutes from I-75. The custom-built 3,300+/- sq. ft. residence was thoughtfully designed for efficiency and longevity with 2x6 exterior wall construction, geothermal heating and cooling, Andersen windows, a cozy propane fireplace, an oversized 3-car attached garage, and a full unfinished walkout basement complete with its own private driveway, offering endless possibilities for future expansion or multi-generational living. For entrepreneurs, contractors, collectors, or serious hobbyists, the impressive 123' x 50' heated commercial shop is a standout feature. It includes office space, a half bath, 220-volt electrical service with a phase converter, separate utilities, and is grandfathered with Madison County Planning & Zoning for commercial use. The building has successfully operated as a large machine repair business, making it a rare opportunity to continue commercial operations while enjoying the privacy of a country estate. Additional improvements include a beautifully constructed 60' x 35' cedar barn complete with loft, water, and electric service. The property is fully equipped for livestock with nearly one mile of metal pipe fencing and currently supports approximately 18-20 head of cattle. Outdoor enthusiasts will appreciate the private concrete boat ramp, allowing direct access to the Kentucky River for boating, fishing, kayaking, and recreation. A gated electronic entrance provides security and privacy, while the location offers exceptional convenience for both business and travel. Approximate drive times include: Blue Grass Airport (Lexington): 40-45 minutes Cincinnati/Northern Kentucky International Airport: approximately 1 hour 45 minutes Louisville Muhammad Ali International Airport: approximately 1 hour 45-50 minutes McGhee Tyson Airport (Knoxville): approximately 2 1/2 hours Whether you're searching for a private estate, working farm, equestrian property, commercial headquarters, or an investment with unmatched versatility, 3700 River Drive offers an opportunity rarely found in today's market.

3,333
Sq feet
3
Beds
2
Full baths
1
1/2 bath
1990
Built

Location

Street address
3700 River Dr
Zip code
40475
School district
Madison County - 8
Elevation
578 feet
Coordinates
37.8761, -84.3714

Directions

From Lexington take I-75 S, take Exit 97. Turn right onto US-25 S/US-421 S/ Lexington Road and continue for approximately 1.4 miles. Turn right onto Lower Hines Creek Rd and continue for approximately 1.1 miles. Turn right onto River Hill Dr, then turn left to stay on River Hill Dr. Continue onto Valley Dr and turn right onto River Dr. The destination will be on the left.

Property details

Acreage
58 acres
MLS #
LBAR 26012134
Posted

Parcels

  • 0038-0003-0032-A

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Prudential Real Estate

Lot

View
Water
Waterfront
Yes
Features
Landscaped, Many Trees, Secluded

Exterior

Parking
Driveway, Garage, Garage-Attached, Garage-Detached, Off Street, Open, Underground/Basement
Pool
Private
Structures
Outdoor Kitchen

Structure

Stories
2
Basement
Concrete, Full, Unfinished, Walk-Out Access
Water
Public
Sewer
Septic Tank
Heating
Geothermal
Materials
Wood Siding
Roof
Metal
Windows
Insulated Windows, Screens, Window Treatments

Interior

Room Count
12
Rooms
Basement, Bathroom x 3, Bedroom x 3, Family Room, Game Room, Laundry Room, Utility Room
Flooring
Wood
Appliances
Range, Refrigerator
Features
Ceiling Fan(s), Eat-In Kitchen, Primary First Floor, Walk-In Closet(s)

Nearby schools

NameTypeDistrict
BoonesboroughElementaryMadison County - 8
Madison MidMiddleMadison County - 8
Madison CentralHighMadison County - 8

Listing history

DateEventPriceChangeSource
Aug 14, 2026Price drop$1,375,000$125,000 -8.3%LBAR
June 1, 2026New listing$1,500,000LBAR
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This 58-acre property is located at 3700 River Dr in Richmond, KY 40475. The property is available for sale, priced at $1,375,000. It has a 3,333 square foot 3-bedroom, 2.5-bath house built in 1990.

Listed by Berkshire Hathaway HomeServices Foster Realtors, (859) 623-9427

Checked 2 hours agoUpdated Source

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