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    38 Sulphur Lick Rd New Hope, KY 40052

    For Sale
    $175,000

    Agriculture - New Hope, KY

    Type:Farm
    Lot size:
    33.89 Acres
    Days on Market:
    201
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 38 Sulphur Lick Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    33.89 Acres

    Building Details

    Architectural style
    Other

    Kentucky Choice Realty (502) 498-5282

    Listing agent Ted Bray (502) 498-5282

    Listing date May 21, 2025

    MLS# HK25001501 Listing URL

    Copyright © 2025 Heart of Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    33.89 Acres of Wooded Land

    This 33.89-acre property offers a private retreat for nature enthusiasts. The land is completely wooded and features abundant wildlife and marketable timber. It includes 725 feet of road frontage on Sulphur Lick Rd and 718 feet of frontage on Access Rd C, providing convenient access. City water is available at Sulphur Lick Rd. The property is located in New Hope, KY.
    Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Suggested Use

    Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    New Hope
    County
    Nelson
    State
    Kentucky
    Longitude
    -85.50420810347
    Latitude
    37.586573350004

    FAQs

    What type of property is this?
    Agricultural property - 33.89-acre wooded property with road frontage and city water.
    Where is this agricultural property located?
    The property is located at 38 Sulphur Lick Rd New Hope, KY.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Large 33.89-acre property offering privacy and space.; - Abundant wildlife and marketable timber, appealing to nature enthusiasts and offering potential income.; - Dual road frontage: 725ft on Sulphur Lick Rd and 718ft on Access Rd C, providing excellent accessibility.
    (502) 498-5282
    Request Owner's contact information
    38 Sulphur Lick Rd New Hope, KY 40052
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    New Hope, KY 40052
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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
    38 Sulphur Lick Rd New Hope, KY 40052
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