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Farm with Guest House

1104 Neafus Road, Morgantown, KY 42261

For Sale
$999,000

A Kentucky property combines a primary residence, furnished guest accommodation, fenced pasture, and extensive recreational improvements.

Property Size1,767 SF
Price / SF$565.37
Days on Market28

Property Features for 1104 Neafus Road

General Information

Standard status Active
Size 1,767 SF
Property subtype Farm

Amenities

Energy Star Home
Foam Insulation
Split Bedroom Floor Plan
Vaulted Ceiling(S)
Walk-In Closet(S)
Barn
Workshop
Exterior Lights
Landscaping
Mature Trees
Pond(S)
Porch
Trees

Building Details

Building Size 1,767 SF
Year Built 2023
Stories 1
Listing Agency: Smalltown Hunting Properties & Real Estate
Listed By: Jamie Rogers · License #217319
Source: Elmorerealestate
Added: Oct 13 Changed: Nov 7 Last Checked: Nov 8 at 3:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smalltown Hunting Properties & Real Estate

Rey
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Investment Insights

Based on property information with market context.

Set across approximately 60 acres, this farm includes a newer custom-built primary residence and a separate furnished guest house of approximately 1,000 square feet, currently operated as an income-producing Airbnb. The main home has three bedrooms and two full bathrooms, with an open split-floor layout, vaulted ceilings, a kitchen with custom hickory cabinetry, and a living room with a gas fireplace. A covered back porch, attached two-car carport, and 22KW Generac generator are also among its features.

Farm improvements include a 40' x 60' workshop with a half bath and a 30' x 60' equipment shed with separate power service and an RV hookup. Most of the property is fenced, with pasture and a water trough. Recreational features include a stocked pond, food plots, feeders, box stands, a golf driving range, and more than two miles of established walking trails. High-speed internet is available.

Key Highlights

  • Approximately 60 +/- acres with mostly fenced pasture and a water trough
  • Separate 1,000 +/- square foot furnished guest house currently used as an Airbnb
  • 40' x 60' workshop with a half bath

Property Analytics

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Current Use

Short term rental ...

Location Intelligence

Trade Area within ½ mile

Demographics for 42261, KY

10,146
Population
4,168
Households
2.4
Avg Household Size
41
Median Age
10%
College-Educated
83%
High-School Grad
287.8 sq mi
ZIP Area
35
Density / Sq Mi
$49,219
Median Household Income
$35,529
Median Earnings
$643
Median Rent
$106,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Farm - A Kentucky property combines a primary residence, furnished guest accommodation, fenced pasture, and extensive recreational improvements.
Where is this farm located?
The property is located at 1104 Neafus Road Morgantown, KY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Approximately 60 +/- acres with mostly fenced pasture and a water trough; Separate 1,000 +/- square foot furnished guest house currently used as an Airbnb; 40' x 60' workshop with a half bath
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