35 El Way, Clay City, KY 40312

New Listing
$1,200,000
Property Type: Residential Bedrooms: 9 Baths: 6 Square Footage: 4,150 Lot Size (sq. ft.): 147,233 Status: Active
Current Price: $1,200,000 List Date: 9/03/2026 Last Modified: 9/04/2026

Overview

Description

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 fo ...

Listing Details MLS# 26024297

Listing Information

Comp Sale YN
No
Property Sub Type
Single Family Residence

Status Change Information

Status Change Timestamp
2026-09-03

Address

County
Powell
Street Number
35
Street Name
El
Street Suffix
Way
State
KY
Zip Code
40312
Zip +4
9446
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
Parcel Number
022-00-00-004.33

Contract

Original List Price
1200000
Start Showing Date
2026-09-03
Listing Contract Date
2026-09-03
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
289.16

Tax Legal

MLS Area Major
019 - Powell County
High School District
Powell County -19

Interior

Bedrooms Total
9
Bathrooms Total
6
Bathrooms Full
6
Above Grade Finished Area
4150
Living Area
4150
Living Area Source
Public Records
Basement YN
No
Fireplace YN
No

More Information

Parking Information

Garage YN
No
Carport YN
No

Building

Year Built
2023
Accessibility Features YN
Yes

Lot

Lot Size Source
Public Records
Lot Size Acres
3.38
Lot Size Square Feet
147233
Pool Private YN
No
Waterfront YN
No
Water Body Access YN
No
Horse YN
No

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
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.

Amenity Fee Details

Amenity Fee YN
No

Room Types

Kitchen Level
First
Primary Bedroom Level
First

Property Features

Accessibility Features: Accessible Bedroom; Accessible Central Living Area; Accessible Closets; Accessible Common Area; Accessible Doors; Accessible Entrance; Accessible Full Bath; Accessible Hallway(s); Accessible Kitchen; Safe Emergency Egress from Home Appliances: Cooktop; Dishwasher; Dryer; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Contemporary Attic Features: Access Only; Pull-Down Stairs Basement: Crawl Space Construction Materials: Vinyl Siding Cooling: Ceiling Fan(s); Central Air; Electric Exterior Features: Fire Pit; Hot Tub; Outdoor Grill Fencing: None Flooring: Laminate Foundation Details: Block Heating: Electric; Heat Pump Interior Features: Ceiling Fan(s); Eat-in Kitchen; Primary First Floor; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Lower Level; Main Level; Washer Hookup Levels: One Lot Features: Few Trees; Other Patio And Porch Details: Enclosed Deck; Covered Porch; Front Porch Patio And Porch Features: Deck; Porch Possession: Close Of Escrow Roof: Shingle Sewer: Septic Tank Structure Type: House Water Heater: Electric Water Source: Public Window Features: Insulated Windows; Screens Showing Requirements: Showing Service Room Types: Kitchen; Primary Bedroom

Room Information

Room Name Level
Primary Bedroom First
Kitchen First

Documents

View Document Sellers Disclosure Of Property Condition ›
Listing Office: Lifstyl Real Estate
Last Updated: September - 04 - 2026
Information deemed reliable but not guaranteed.
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