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    511 Phipps Ln Wallingford, KY 41093

    For Sale
    $449,000

    Farm/Estate - Wallingford, KY

    Type:Farm
    Property size:
    2,592 SF
    Lot size:
    41.54 Acres
    Days on Market:
    101
    Last Refresh:
    Dec 14 at 7:06 pm

    Property Features for 511 Phipps Ln

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    300
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen
    Bedrooms
    3
    Bathrooms
    3
    APN
    071-00-00-026.00
    Parking features
    Garage
    Pool private
    1
    Exterior features
    Pool
    Basement Y/N
    1
    Size
    2,592 SF
    Lot size
    41.54 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Wood (Heating), Wood Stove
    Cooling system
    Central Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2001
    Year renovated
    2001
    Floors in Building
    3
    Flooring type
    Hardwood
    Building materials
    Log, Log Siding
    Roof type
    Metal
    Architectural style
    Other

    606 Real Estate & Auctions (606) 782-0488

    Listing agent Michele Bowling (606) 782-0488

    Listing date Sep 5, 2025

    MLS# 11569287 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

    Wallingford Farm Estate on 41 Acres

    This stately home, crafted from hand-hewn logs that once housed tobacco and livestock, is situated on 41 acres in Wallingford, KY. The property includes two ponds, several pasture fields, and a wooded area that serves as a wildlife haven. The Fleming Wildlife Management Area is approximately one mile away. The home features a full basement, three bedrooms with the potential for five, and three full bathrooms. A vaulted living area and an eat-in kitchen provide comfortable living spaces. A double staircase leads to the upper section of the home, with basement access tucked underneath. Reminiscent of a lodge or cabin getaway, the property is suitable for use as a short-term rental or as a homestead. The tree-lined drive provides quiet seclusion. The property is comprised of 41.54 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Spa & Massage Building Supply Wholesale Shop Hair Salon Nail Salon Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallingford
    County
    Fleming
    State
    Kentucky
    Longitude
    -83.625806
    Latitude
    38.407915

    Nearby Similar for Sale

    • $499,900
      41.55 Acres

      Wallingford, KY Racetrack Opportunity

      Active 3/8 mile dirt oval racetrack for sale.
      15322 Ky 344, Wallingford, KY 41093
      View Details

    FAQs

    What type of property is this?
    Farm - Charming 3-bedroom home on 41 acres with ponds and pastures.
    Where is this farm located?
    The property is located at 511 Phipps Ln Wallingford, KY.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - Sprawling 41-acre property featuring 2 ponds, pasture, and wooded areas.; - Unique home constructed from hand-hewn logs.; - Potential for short-term rental or homesteading.
    (606) 782-0488
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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
    511 Phipps Ln Wallingford, KY 41093
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