Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Red River Gorge Title is generated by Realmo AI

    131 High Ridge Road, Campton, KY 41301

    View on Map
    Claim this Listing
    For Sale
    $60,291

    LAND - Campton, KY

    Lot size:
    0.50 Acres
    Added:
    Feb 26, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 3 at 3:06 am

    Property Features for 131 High Ridge Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.50 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Deborah Burgett

    Listing agent Deborah Burgett

    Listing office RE/MAX Creative, Winchester 804 Bypass Road, Lexington, KY

    Listing date Feb 26, 2026

    MLS# 26003705 Listing URL

    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.

    HighLights

    • Prime location in the Red River Gorge, close to hiking, climbing, and dining.
    • Infrastructure ready: Underground electricity, perk test for septic, and a well already drilled.
    • New premier neighborhood with only 29 lots, offering exclusivity.
    • Premium amenities: Community pond and well‑maintained gravel roads.
    • Opportunity to bring your own builder or use a trusted professional.
    • Located right off Highway 15 for easy access.

    Overview

    Located in the Red River Gorge area, Dryden Ridge is a new neighborhood featuring 29 lots. Lot 20 is currently available. Situated off Highway 15, the location provides access to hiking, climbing, and dining opportunities. The neighborhood includes a community pond and gravel roads. Underground electricity is available. A well has already been successfully drilled, and perk testing for septic will be performed. The lot size is 0.5 acres. Agent owned.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Campton
    County
    Wolfe
    State
    Kentucky
    Longitude
    -83.582363
    Latitude
    37.72894

    Nearby Similar for Sale

    • $69,000

      Campton, KY Residential Land

      3-acre property suitable for residential or commercial use.
      1328 KY 3033, Campton, KY 41301
      View Details
    • $229,000

      Scenic Land Near Red River

      5.64 acres near Red River Gorge with development potential.
      Wicked Oak Road lot: 2 Mullins Point, Campton, KY 41301
      View Details
    • $849,000

      Unique Geodesic Dome Investment Opportunity

      Investment portfolio featuring unique domes with strong rental history.
      242 Cave Holw Road, Campton, KY 41301
      View Details
    • $124,900

      25 Acres Near Red River Gorge

      Wooded acreage with stream, near Red River Gorge.
      46 Tom Rose Branch Road, Campton, KY 41301
      View Details
    • $464,999

      Versatile Acreage Near Red River Gorge

      Remarkable 108+/- acre property near Mountain Parkway exit.
      9999 KY-15, Campton, KY 41301
      View Details
    • $40,000

      Campton, KY Land For Sale

      3.22 acre lot near Red River Gorge and Kentucky River.
      Lower HollerTop Road lot: 29, Campton, KY 41301
      View Details
    • $39,000

      Campton, KY Land Opportunity

      Land in developing subdivision near Red River Gorge trails.
      Middle Ridge Road lot: 15, Campton, KY 41301
      View Details
    • $30,000

      Campton, KY Land For Sale

      2.1 acre lot near Red River Gorge and Kentucky River.
      Lower HollerTop Road lot: 34, Campton, KY 41301
      View Details
    • $30,000

      Land Near Red River Gorge

      1.84 acre lot near Red River Gorge and Kentucky River.
      Lower HollerTop Road lot: 33, Campton, KY 41301
      View Details
    • $39,000

      Residential Land in Developing Subdivision

      Land in Campton, KY, near Red River Gorge trails.
      Middle Ridge Road lot: 16, Campton, KY 41301
      View Details
    • $35,000

      Campton, KY Land For Sale

      2.35 acre lot near Red River Gorge.
      Lower HollerTop Road lot: 31, Campton, KY 41301
      View Details
    • $30,000

      Campton, KY Land For Sale

      1.92 acre lot near Red River Gorge and Kentucky River.
      Lower HollerTop Road lot: 32, Campton, KY 41301
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Premier neighborhood land near hiking, climbing, and dining.
    Where is this residential land & home lot located?
    The property is located at 131 High Ridge Road Campton, KY.
    What is the asking price?
    The asking price for this property is $60,291.
    What are key features of this property?
    This property features: Prime location in the Red River Gorge, close to hiking, climbing, and dining.; Infrastructure ready: Underground electricity, perk test for septic, and a well already drilled.; New premier neighborhood with only 29 lots, offering exclusivity.
    (804) 363-3084
    We can help!
    Listing Contact
    Deborah Burgett
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    131 High Ridge Road, Campton, KY 41301
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!