Residential Land Development
For Sale
$200,000
Pending
28-40 & 43 Magnolia Avenue, Millersburg, KY 40348
LAND - Millersburg, KY
Property SizeContact for details
Lot Size3.20 Acres
Days on Market355
Property Features for 28-40 & 43 Magnolia Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
R-1
Subdivision
Clark Hills
Lot features
Cleared
Directions
From US 68 in Millersburg, turn onto Main Street. Then, turn onto Oak Avenue and then left onto Magnolia Avenue.
Standard status
Pending
APN
051-20-20-002.00
Lot size
3.20 Acres
Utilities
Utilities
Water Available
Listing Agency:
The Real Estate Co.
(859) 979-1508
Listed By:
David C Sparks · License #220948
(859) 473-0881
Added: Sep 4, 2025
Changed: Apr 16
Last Checked: Aug 24 at 5:06AM
MLS# 25501942
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property presents a development opportunity in Bourbon County, featuring approximately 3.2 acres with 14 lots. It is the remaining portion of a partially developed residential subdivision. Much of the groundwork has been completed, including installed water, sewer, and electric lines, as well as paved roadways with only a small amount of blacktop needed for completion. A few trunk sewer lines will be required to service four of the lots. Several homes are already built and occupied within the subdivision, creating an established neighborhood setting. Located in Millersburg, Kentucky, this property offers an opportunity for builders, developers, or investors looking for a head start on a ready to finish residential project in Bourbon County.
Key Highlights
- Partially developed residential subdivision with 14 lots on approximately 3.2 acres.
- Installed water, sewer, and electric lines.
- Paved roadways already in place (small amount of blacktop needed).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 40348, KY
582
Population
355
Households
1.6
Avg Household Size
46
Median Age
20%
College-Educated
75%
High-School Grad
0.6 sq mi
ZIP Area
970
Density / Sq Mi
$43,571
Median Household Income
$36,944
Median Earnings
$653
Median Rent
$127,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 3.2 acres with 14 lots in Bourbon County.
Where is this residential land & home lot located?
The property is located at 28-40 & 43 Magnolia Avenue Millersburg, KY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Partially developed residential subdivision with **14 lots on approximately 3.2 acres**.; Installed water, sewer, and electric lines.; Paved roadways already in place (small amount of blacktop needed).
