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    Custom Ranch Retreat with Creek Views Title is generated by Realmo AI

    242 Belmont Road, Brooksville, KY 41004

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    For Sale
    $1,200,000

    Custom-built ranch with geothermal heating, multiple living areas, and outdoor space overlooking wooded views and a creek.

    Type:Farm
    Property size:
    3,180 SF
    Lot size:
    20.00 Acres
    Price / SF:
    $377/SF
    Added:
    May 25, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 5 at 2:21 am

    Property Features for 242 Belmont Road

    General Information

    Standard status
    Active
    Size
    3,180 SF
    Lot size
    20.00 Acres
    Property subtype
    Farm

    Building Details

    Year Built
    2013

    We can help!

    Listing Contact
    Kellie Barter

    Listing agent Kellie Barter

    Listing office Weichert Realtors-R.E. 1790

    Listing date May 25, 2026

    Source Xome

    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 Weichert Realtors-R.E. 1790

    HighLights

    • Custom‑built ranch (2013) on approximately 20 acres with outbuildings on a corner lot with rolling‑slope terrain
    • 3 bedrooms and 2.5 baths on the main level, with a split‑bedroom layout and Jack‑and‑Jill bath connection
    • Finished full walkout lower level with multiple living areas: family room, full kitchen with dining, bar room, full bath, and additional bedroom/office
    • Geothermal heating plus gas fireplaces on both levels; custom wood ceilings and hardwood floors
    • Oversized 3‑car garage with epoxy floors and abundant storage; composite deck and covered patio with wooded views and creek sounds
    • Convenient drive times: just over 1 hour to Downtown Cincinnati, about 1 hr 11 min to CVG Airport, and about 1 hr 20 min to Bluegrass Airport

    Overview

    Custom-built ranch home offering privacy and comfortable entertaining across two levels, with custom wood ceilings, hardwood floors, and Marvin All Ultrex fiberglass windows. The main level features three bedrooms and 2.5 baths, including a primary suite with custom sinks and tile flooring. A split-bedroom layout connects two additional bedrooms via a Jack-and-Jill bath. The gourmet kitchen includes granite countertops, a counter bar with seating, double ovens, and abundant cabinetry. The finished walkout lower level is set up for guests or multi-generational living with a spacious family room, a full kitchen with dining area, a bar room, a full bath, an additional bedroom, and an office or potential fifth bedroom. Outdoor living includes a composite deck and a covered patio, with peaceful wooded views and the sounds of the creek.

    Located at 242 Belmont Road in Brooksville, KY, with convenient access to regional employment centers and travel. The property is described as just over an hour to Downtown Cincinnati, about 1 hour 11 minutes to CVG Airport, and about 1 hour 15 minutes to Downtown Lexington, with Bluegrass Airport about 1 hour 20 minutes away. Approximately 36 additional acres with two barns, fenced pastures, and a pond are available for purchase separately.

    This property suits buyers seeking a private ranch retreat with substantial indoor flexibility, including two kitchens and a walkout lower level. The home also includes geothermal heating, gas fireplaces on both levels, and an oversized 3-car garage with epoxy floors and abundant storage.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Brooksville
    County
    Bracken
    State
    Kentucky
    Longitude
    -84.128081
    Latitude
    38.628055

    FAQs

    What type of property is this?
    Ranch - Custom-built ranch with geothermal heating, multiple living areas, and outdoor space overlooking wooded views and a creek.
    Where is this ranch located?
    The property is located at 242 Belmont Road Brooksville, KY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Custom‑built ranch (2013) on approximately 20 acres with outbuildings on a corner lot with rolling‑slope terrain; 3 bedrooms and 2.5 baths on the main level, with a split‑bedroom layout and Jack‑and‑Jill bath connection; Finished full walkout lower level with multiple living areas: family room, full kitchen with dining, bar room, full bath, and additional bedroom/office
    (513) 272-1790
    We can help!
    Listing Contact
    Kellie Barter
    Learn More
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    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.

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