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Residential Land Homesite
For Sale
$77,400

1027 Morris Drive, Richmond, KY 40475

A 2.56-acre homesite with cleared space, mature woods, and a gentle slope for walkout basement design.

Property SizeContact for details
Lot Size2.56 Acres
Days on Market512

Property Features for 1027 Morris Drive

General Information

Standard status Active
Lot size 2.56 Acres
Property subtype Lots/Land
Listing Agency: Keller Williams Legacy Group
Listed By: Carla Treadway · License #297376
Source: Exitrealty
Added: Mar 19, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:12PM

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 Keller Williams Legacy Group

Investment Insights

Based on property information with market context.

This residential land homesite offers 2.56 acres with cleared space alongside mature woods, providing a mix of buildable area and privacy. The property features a gentle slope that may be well suited for a walkout basement design. Plenty of space is available for planned outdoor improvements, including a detached garage and workshop, as well as additional outdoor living space.

The property is located in northern Madison County with quick access to Lexington, Winchester, and Richmond. Public remarks note new construction underway across the road and established homes sit behind the property.

For buyers seeking a build-ready setting with room for common site improvements and a natural grade profile, this homesite provides a practical foundation for a residential project.

Key Highlights

  • 2.56‑acre residential homesite with cleared space and mature woods
  • Gentle slope offers potential for a walkout basement design
  • Ample room for a detached garage, workshop, or additional outdoor living space

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pet Store

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

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - A 2.56-acre homesite with cleared space, mature woods, and a gentle slope for walkout basement design.
Where is this residential land & home lot located?
The property is located at 1027 Morris Drive Richmond, KY.
What is the asking price?
The asking price for this property is $77,400.
What are key features of this property?
This property features: 2.56‑acre residential homesite with cleared space and mature woods; Gentle slope offers potential for a walkout basement design; Ample room for a detached garage, workshop, or additional outdoor living space
More about this property
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