It's officially lake time with this well-maintained A-frame cabin situated on 1.47 surveyed wooded acres in the Cave Run Lake area. Sitting on Lots 9 and 10, this property is truly move in ready for personal use or immediate short-term rental potential. In terrific condition inside and out, the cabin features central heat and air, three inviting decks to enjoy the surrounding nature and numerous recent updates including a brand new kitchen, refinished floors, new carpet, leaf guards in the gutters and freshly stripped and sealed exterior wood. Additional conveniences include washer and dryer hookups. Located just minutes from Cave Run Lake and multiple boat ramps and approximately 20 minutes from downtown Morehead, this tucked-away neighborhood is a hidden gem known for its well-maintained properties and peaceful atmosphere. The area is a proven short-term rental destination with approximately 3,000 cabins within a 5-mile radius, including over 100 active rentals, making this an excellent opportunity for investors or those looking to offset ownership costs. Option to purchase fully furnished as well for immediate return on a STR. The seller is also building a new cabin directly across the street, offering a rare chance to secure two properties in close proximity and expand your investment portfolio.
| MLS # | 25507050 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 273 |
| Listing Provided By | HomeLand Real Estate Inc | Shannon V Malone |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 800 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 1.05 |
| Property View | Rural, Trees, Woods |
| Rooms Total | 6 |
|---|---|
| Cooling | Central Air, Electric, Heat Pump |
| Heating | Electric, Heat Pump |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fan(s) |
| Appliances | Dryer, Range, Refrigerator, Washer |
| Roof | Metal |
|---|---|
| Construction Materials | Wood Siding |
| Foundation Details | Block |
| Lot Features | Wooded |
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Off Street |
| Sewer | Septic Tank |
|---|
| State | KY |
|---|---|
| County | Menifee |
| City | Wellington |
| Zip Code | 40387 |
| Area | 039 Menifee County |
| Subarea | Menifee County |
| Community Name | Rural |
| School District | Menifee County |
| Elementary School | Menifee Co |
| High School | Menifee Co |
| Listing VS Median (in Rural) | |
Price: $148,900 low | high Med: $294,250 sqft: 800 low | high Med: 1,980 $ / sqft: $186 low | high Med: $164 On site: 273 low | high Med: 140.5 | |
| State | KY |
|---|---|
| County | Menifee |
| City | Wellington |
| Zip Code | 40387 |
| Area | 039 Menifee County |
| Subarea | Menifee County |
| Community Name | Rural |
| School District | Menifee County |
| Elementary School | Menifee Co |
| High School | Menifee Co |
| Listing VS Median (in Rural) | |
Price: $148,900 low | high Med: $294,250 sqft: 800 low | high Med: 1,980 $ / sqft: $186 low | high Med: $164 On site: 273 low | high Med: 140.5 | |