$699,900
 $3,757 est/mo Sourced by Back At You

1035 Peggy Flats Road,Berea, KY 40403

Berea, KY 40403

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Description

Drone photography will be added Tuesday (weather permitting) Exceptional Residential Development Opportunity - Fincastle Subdivision Phase II | Berea, Kentucky Build the next chapter of one of Berea's established neighborhoods. This 26± acre development opportunity offers the rare chance to create Phase II of Fincastle Subdivision, expanding a well-established community while contributing to the continued growth and beauty of Berea, Kentucky. With the groundwork of an existing neighborhood already in place, this property provides the perfect blank canvas for a developer or builder with vision. Design a thoughtfully planned community that complements the surrounding homes while meeting the demand for quality housing in one of Central Kentucky's most desirable small cities. Not looking to develop? Keep it for yourself and family to have plenty of building site options. Located within the Berea city limits, the property offers the convenience of city sewer, water, and electric utilities, along with excellent accessibility, helping streamline the development process. Future homeowners will appreciate being just minutes from many of Berea's most loved destinations, including: Berea College Berea Community Schools The Berea College Forest and the renowned Pinnacles hiking trails Berea's scenic walking and biking trails Historic Artisan Village and College Square Kentucky Artisan Center Boone Tavern Hotel & Restaurant I-75 for convenient travel to Richmond, Lexington, and beyond Known as the Folk Arts & Crafts Capital of Kentucky, Berea offers a unique combination of small-town charm, outdoor recreation, a vibrant arts community, and an outstanding quality of life. Residents enjoy miles of hiking and biking opportunities, beautiful mountain views, local shops and restaurants, and year-round community events. Whether your vision includes a boutique neighborhood, custom homes, or a signature residential community, Fincastle Subdivision Phase II presents an exceptional opportunity to leave a lasting mark on one of Kentucky's fastest-growing and most desirable communities.

Details

MLS #26017898
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site40
Listing Provided ByRE/MAX Elite Realty | Tina Neal

Features

ZoningB-1
Acreage26.00

Exterior

Lot FeaturesWooded, Cleared, Gentle Sloping, Level

Utilities

UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available

Area Information

StateKY
CountyMadison
CityBerea
Zip Code40403
Area008 Madison County
SubareaMadison County
Community NameFincastle
Listing VS Median (in Fincastle)
Price:
$699,900
low | high
Med:
$332,000
100% of Average
On site:
40
low | high
Med:
39
100% of Average
Sourced by Back At You

Market Activity 40403

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Additional Information


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Learn More About This Property

StateKY
CountyMadison
CityBerea
Zip Code40403
Area008 Madison County
SubareaMadison County
Community NameFincastle
Listing VS Median (in Fincastle)
Price:
$699,900
low | high
Med:
$332,000
100% of Average
On site:
40
low | high
Med:
39
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $524K - $874K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
262 Patriot Trail Property Photo 1
$345,000
262 Patriot Trail
Berea, KY 40403
113 Legacy Drive Property Photo 1
$279,900
113 Legacy Drive
Berea, KY 40403
Listing Updated: July 15, 2026 at 2:08:15 AM PDT