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    1 Gandertown Rd Loretto, KY 40037

    For Sale
    $269,900

    Vacant Land - Loretto, KY

    Lot size:
    15.00 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 1 Gandertown Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    15.00 Acres

    Building Details

    Architectural style
    Other

    The Lancaster Agency Inc

    Listing agent Charles Lancaster, Jr (270) 692-6748

    Listing date Sep 25, 2025

    MLS# 11580582 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Scenic Kentucky Land with Structures

    This 15-acre property in central Kentucky presents an opportunity for establishing a homestead. The land includes potential building sites that offer views of the surrounding countryside. The property features fertile ground suitable for crops and gardens, areas for livestock, and low-lying areas that could be converted into ponds or lakes. Existing structures include a 24' x 36' 3-bay utility shed, a 36' x 28' barn with a lean-to, an 18' x 12' storage container suitable for hay storage, and a serviceable chicken coop. A water meter is already installed on the property. The location is approximately 15-20 minutes from Maker's Mark, Springfield, Bardstown, and Lebanon.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Loretto
    County
    Marion
    State
    Kentucky
    Longitude
    -85.395318
    Latitude
    37.684434

    FAQs

    What type of property is this?
    Farm - Exceptional 15-acre land parcel with utility shed and barn.
    Where is this farm located?
    The property is located at 1 Gandertown Rd Loretto, KY.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - Ready-to-build land with water meter already installed.; - Includes a **36' X 28' barn (with lean-to), 24' X 36' 3-bay utility shed, and 18' X 12' storage container.**; - Suitable for homesteading with fertile ground for crops/gardens, livestock areas, and pond/lake potential.
    (270) 692-6748
    Request Owner's contact information
    1 Gandertown Rd Loretto, KY 40037
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    Loretto, KY 40037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Gandertown Rd Loretto, KY 40037
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