Home Details for 16 Hickory Lane

Ready to own a business with endless expansion possibilities? Prime location: 15 minutes from Bert Combs Parkway; 20 minutes from Campton and only 75 minutes from Lexington; 30 minutes from Red River Gorge activities Strong cash flow and low expenses: Four short term rentals with projected income of $115K. Three are renting now, and one is ready to start renting. Laundry facility on site: Separate building with 2 washers, 2 dryers and endless shelving. Experienced STR cleaner who wants to stay with the property Potential expanded income with a 60X60 aluminum building with HVAC, fully floored, plenty of room for mixed use, such as storage plus a large room for retreats, yoga, crafts, or whatever you'd love to do. In addition a saw mill is located on the property with potential for another revenue stream. The property is located in Wolfe county which has no zoning regulations, the property requires no special permitting for short-term rentals, simplifying operations and allowing for flexible use. Excellent Infrastructure: The cabins are supported by electricity, four septic systems, well water, and high-speed fiber internet, ensuring reliable and efficient services for all guests. Roads are well made and do not require a 4X4. The STRs and other buildings occupy the front 10 acres of the property. The remaining 90 acres are ready to be developed with potential side-by-side trails, hiking, or more short term rentals. Not sure you want all the land? The seller would consider dividing the parcels in order to sell. Let's chat!

• Utilities

  • Cable Available
  • Electricity Connected
  • Water Available

• House Interior

  • Eat-in Kitchen
  • Ceiling Fan(s)

• Parking

  • Driveway
  • Off Street

• Fire Place

  • Electric
  • Recreation Room

• Cooling Information

  • Heat Pump

• Heating Information

  • Heat Pump

• Water Features

  • Well