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Residential Development Land in City Limits
For Sale
$699,900

1035 Peggy Flats Road, Berea, KY 40403

LAND - Berea, KY

Property SizeContact for details
Lot Size26.00 Acres
Days on Market53

Property Features for 1035 Peggy Flats Road

General Information

Property type Land
Property subtype Other
Zoning B-1
Subdivision Fincastle
Lot features Cleared, Level, Wooded, Gentle Sloping
Directions Exit 77 in Berea. Turn onto Peggy Flats Rd. Subdivision will be on the left.
Standard status Active
APN 006000000033A
Lot size 26.00 Acres

Utilities

Utilities Water Available
Listing Agency: RE/MAX Elite Realty
Listed By: Tina Neal · License #263245
Added: Jul 12 Changed: Jul 15 Last Checked: Sep 2 at 1:06AM
MLS# 26017898

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 for-sale parcel is residential development land located within the Berea city limits, offered in a configuration described as a subdivision Phase II opportunity. The property is presented as a development site with a “blank canvas” for planning and building, with the option for individual use as multiple building site options.

The listing notes access to city sewer, water, and electric utilities, intended to support streamlined development. The property is identified as located in Berea, Kentucky, with the surrounding area described as established neighborhood context and proximity to local destinations including Berea College, Berea Community Schools, and the Pinnacles hiking trails, among others.

Zoned B-1, this land offering is positioned for buyers seeking a residential development project within the city, with utility access cited in the listing remarks.

Key Highlights

  • 26+/- acre residential development opportunity for Fincastle Subdivision Phase II in Berea, Kentucky
  • Located within Berea city limits for access to city sewer, water, and electric utilities
  • Water available on the property

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Big Box & Wholesale Store Building Supply Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 40403, KY

26,994
Population
11,008
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
111.0 sq mi
ZIP Area
243
Density / Sq Mi
$60,105
Median Household Income
$33,847
Median Earnings
$827
Median Rent
$180,800
Median Home Value
Rey
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 - Residential land within Berea city limits with access to city sewer, water, and electric utilities.
Where is this residential land & home lot located?
The property is located at 1035 Peggy Flats Road Berea, KY.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 26+/- acre residential development opportunity for Fincastle Subdivision Phase II in Berea, Kentucky; Located within Berea city limits for access to city sewer, water, and electric utilities; Water available on the property
More about this property
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