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    381 Stokes St Monticello, KY 42633

    Sponsored
    For Sale
    Pending
    Contact for pricing

    LAND - Monticello, KY

    Lot size:
    0.20 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 9 at 1:06 pm

    Property Features for 381 Stokes St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    M2-04-009.00
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Cable Available

    No Wake Real Estate (606) 753-9253

    Listing agent Brandon Davis (606) 753-9253

    Listing date Dec 19, 2025

    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.

    Overview

    Monticello Land Redevelopment Opportunity

    This approximately 0.20-acre lot in Monticello, KY, presents a redevelopment opportunity. The existing mobile home is nearing the end of its lifespan and will require removal, providing a clean slate for future development. Sewer availability is in place. The lot is suitable for placing one to two mobile homes for rental income or operating as a lot-rent setup where tenants place and maintain their own units. This property is ideal for an investor or someone needing to set their own mobile home. There are no planning, zoning, or restrictions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Wayne
    State
    Kentucky
    Longitude
    -84.854278
    Latitude
    36.838443

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    FAQs

    What type of property is this?
    Mobile home & RV park - 0.20-acre lot with sewer access, ideal for mobile homes.
    Where is this mobile home & rv park located?
    The property is located at 381 Stokes St Monticello, KY.
    What is the asking price?
    The asking price for this property is $12,000.
    What are key features of this property?
    This property features: - Sewer availability significantly reduces development hurdles and upfront costs.; - No planning, zoning, or restrictions offer maximum flexibility.; - Ideal for placing one to two mobile homes for rental income.
    (606) 802-0123
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    381 Stokes St Monticello, KY 42633
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    Monticello, KY 42633
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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
    381 Stokes St Monticello, KY 42633
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