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[TEST] Two Lake Retreats, 20 Acres Near the Ark & an $85K Rental

Six Kentucky opportunities, from furnished lake living to existing rents and income-producing hunting land.

Smoky Ridge Daily · Monday, October 26

Two Lake Retreats, 20 Acres Near the Ark & an $85K Rental

This Monday, October 26, we’re touring Kentucky through lake-view windows, roomy gathering spaces and timbered hunting ground. Presented by John Westergren, today’s Smoky Ridge pairs vacation-rental possibilities with two long-term rentals and a land investment worth a closer look.

6
New homes
$85,000
Starting at
3
With proven revenue
157 Lakeshore Dr, Eddyville, KY 42038
No. 1 · Eddyville, KY

Lake Days, Room for Everyone

157 Lakeshore Dr, Eddyville, KY 42038

At $649,900, this seven-bedroom, 4,080-square-foot Eddyville property brings Lake Barkley views and three separate living areas to the family-reunion equation. Previous owners lived on the main level while renting other units short term—a useful precedent for buyers considering a blend of personal use and hosting.

Price
$649,900
Beds / Baths
7 / 6
Sq ft
4,080
$ / sq ft
$159
◆Boat ramp down the street
◆Circle drive accommodates boat trailers
◆Three-car garage below cabin rental
The investor angleLake views, a nearby boat ramp and a history of separate-unit rentals give this property group-stay and house-hack appeal, though no rental revenue is supplied.
Talk to John about this home →
130 N 46th St, Louisville, KY 40212
No. 2 · Louisville, KY

A Smaller Ticket, Existing Rent

130 N 46th St, Louisville, KY 40212

This $85,000 Louisville two-bedroom offers 825 square feet with LVP flooring throughout and a large fenced backyard. A private drive with a carport rounds out a straightforward option for investors seeking an occupied long-term rental rather than a vacation home.

Price
$85,000
Beds / Baths
2 / 1
Sq ft
825
$ / sq ft
$103
Stated revenue
$12,840/yr
Gross yield
15.1%
◆Currently rented at $1,070 monthly
◆Section 8 approved
◆Furnace and AC replaced 2022
The investor angleReported annual rent of $12,840 equals approximately 15.1% of the $85,000 asking price before expenses—not a net return.
Talk to John about this home →
207 Rookwood Ct, Richmond, KY 40475
No. 3 · Richmond, KY

Room to Refresh in Richmond

207 Rookwood Ct, Richmond, KY 40475

Listed at $300,000, this four-bedroom, 2,742-square-foot fixer-upper sits on a cul-de-sac in Richmond’s Miller’s Landing. Two main-level living spaces, a gas-log fireplace overlooking the back deck and two finished lower-level rooms offer plenty to work with for a buyer comfortable taking on improvements.

Price
$300,000
Beds / Baths
4 / 4
Sq ft
2,742
$ / sq ft
$109
Stated revenue
$24,000/yr
Gross yield
8.0%
◆Month-to-month lease at $2,000 monthly
◆Roughly 600-square-foot basement garage
◆Formal dining room with hardwood
The investor angleCurrent annual rent of $24,000 represents an 8% gross rent-to-price ratio, with repairs and operating costs still to account for.
Talk to John about this home →
992 Stonegate Dr, Burnside, KY 42519
No. 4 · Burnside, KY

Cedar, Stone and Lake Light

992 Stonegate Dr, Burnside, KY 42519

Cedar, soaring ceilings and a stone fireplace frame a wall of windows with year-round lake views at this $349,900 Burnside home. The furnished two-bedroom, 1,296-square-foot retreat has been used as an Airbnb and suits buyers who want a lake getaway with an existing hosting history.

Price
$349,900
Beds / Baths
2 / 1
Sq ft
1,296
$ / sq ft
$270
◆Fully furnished
◆Year-round lake views
◆Short path to the lake
The investor angleFurnishings, lake access by foot and year-round views support vacation-rental appeal, but no revenue figures are provided to evaluate performance.
Talk to John about this home →
0 Dave Miller Rd, Mayfield, KY 42066
No. 5 · Mayfield, KY

Where Farm Income Meets Timber

0 Dave Miller Rd, Mayfield, KY 42066

This $595,976 Graves County hunting tract near Mayfield combines approximately 30 tillable acres with timbered ridges, draws and dense wildlife cover. A history of deer and turkey hunting makes it a recreational-land option rather than a ready-made lodging investment.

Price
$595,976
Beds / Baths
0 / 0
Sq ft
—
$ / sq ft
—
Stated revenue
$4,500/yr
Gross yield
0.8%
◆Approximately 30 tillable acres
◆Established deer and turkey hunting
◆Mixed timber with mast-producing oaks
The investor angleAnnual agricultural income of $4,500 amounts to approximately 0.76% of the asking price before expenses, making recreation—not current income—the central draw.
Talk to John about this home →
402 Cynthiana St, Williamstown, KY 41097
No. 6 · Williamstown, KY

Twenty Acres Near the Ark

402 Cynthiana St, Williamstown, KY 41097
20 acres

Minutes from the Ark and the highway, this $500,000 updated Williamstown ranch pairs roughly 20 acres with a pond and room to spread out. Currently operating as a short-term rental, it offers three full bathrooms, a huge eat-in kitchen and a spacious living room for buyers drawn to a country-style stay close to an attraction.

Price
$500,000
Beds / Baths
3 / 3
Sq ft
—
$ / sq ft
—
◆Four-car detached garage
◆Wraparound drive with off-street parking
◆First-floor laundry
The investor angleProximity to the Ark and highway, acreage and an active short-term-rental history support its guest appeal, though revenue is not disclosed.
Talk to John about this home →
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