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    1693 Stoner Creek Rd Elk Horn, KY 42733

    Sponsored
    For Sale
    $995,000

    Farm/Estate, Ranch - Elk Horn, KY

    Type:Farm
    Property size:
    1,600 SF
    Lot size:
    175.00 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 13 at 9:06 am

    Property Features for 1693 Stoner Creek Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
    Bedrooms
    3
    Bathrooms
    2
    Parking features
    Garage, Garage - Attached
    Basement Y/N
    1
    Appliances
    Dishwasher, Refrigerator, Washer
    Size
    1,600 SF
    Lot size
    175.00 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating), Wood (Heating), Wood Stove
    Cooling system
    Central Air

    Building Details

    Year built
    1976
    Year renovated
    1976
    Flooring type
    Laminate, Tile
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Joey Hicks

    United Country Heavenly Hollow Real Estate (800) 798-6545

    Listing agent Joey Hicks (800) 798-6545

    Listing date Feb 11, 2026

    MLS# 11651619 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    175-Acre Ranch with Brick Home

    This property features a brick ranch home with a traditional layout, including a connecting hallway that leads to the kitchen, dining, and living room areas on one side, and three bedrooms and a hall bath on the other. The kitchen has ample cabinet space and tile flooring. The open dining area and living room feature laminate wood grain style flooring. The living room includes large picture windows and a brick wood-burning fireplace. The main hall leads to two bedrooms with good-sized closets and a primary bedroom with three closets. The main hall bath includes a shower, tub, double vanity, and tile flooring. To the rear of the home, there is a laundry room and a second full bathroom with a sink, toilet, and stand-up shower. A rear hallway provides access to the back door and connects to the laundry room, both bathrooms, and the primary bedroom. The home also includes a full unfinished basement with poured walls, a second brick fireplace, and a separate chimney flue for a free-standing stove. The property consists of approximately 175 acres, mostly fenced, with around 80-85 acres of open land and wooded areas containing marketable timber. It is currently used for cattle. Additional amenities include a 40x84 tobacco/equipment barn, a 40x60 feed barn, two grain/feed bins, and a guardrail corral that can contain approximately 30-40 head of cattle. The property also features a creek, deer, and turkey. The property is located minutes from grocery, dining, and shopping, and is near Green River Lake.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Garden Center Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elk Horn
    County
    Taylor
    State
    Kentucky
    Longitude
    -85.222286
    Latitude
    37.334968

    FAQs

    What type of property is this?
    Farm - 175-acre ranch featuring a brick home and multiple barns.
    Where is this farm located?
    The property is located at 1693 Stoner Creek Rd Elk Horn, KY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - 175+/- acres of land, with approximately 80-85+/- acres of open land and wooded areas.; - Brick ranch home featuring 3 bedrooms and 2 full bathrooms, plus attached 2-car garage.; - Includes a 40x84 tobacco/equipment barn, a 40x60 feed barn, 2 grain/feed bins, and a guardrail corral.
    (270) 403-7444
    Request Owner's contact information
    1693 Stoner Creek Rd Elk Horn, KY 42733
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    Elk Horn, KY 42733
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1693 Stoner Creek Rd Elk Horn, KY 42733
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    We can help!
    Listing Contact
    Joey Hicks
    (270) 403-7444 (800) 798-6545
    Learn more
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