Residential

Berea, KY Residential Land & Home Lots for Sale

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Residential Development Land in City Limits
Updated: Jul 12
Residential Development Land in City Limits

1035 Peggy Flats Road, Berea, KY 40403

$699,900
26.00 AC lot
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
Near Berea College and Berea Community Schools
Minutes from Pinnacles hiking trails and Berea walking and biking trails
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Land Approved for Apartment Building
Updated: Mar 31
Land Approved for Apartment Building

320 Rash Road, Berea, KY 40403

$649,000
5.11 AC lot
5.11 acre land 99% approved for a 62‑unit apartment building
Shovel‑ready development plan included for "The Villas at Walnut Meadow" apartment complex
Ideal location in the heart of Berea, Kentucky
Walking distance to Berea College
Planning and zoning already in place
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20.69 Acres Land in Berea
20.69 Acres Land in Berea

Tract 3 Deer Valley Road, Berea, KY 40403

$199,900
20.69 AC lot

20.69 acre tract of land suitable for residential development.

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Land
Land

1035 Peggy Flats Rd, Berea, KY 40403

$699,900
1,132,560 sqft

Residential land & home lots · 1,132,560 SF

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Land, Berea, KY
Land, Berea, KY

435 Angel Road, Berea, KY 40403

$287,000
19.78 AC lot

Residential land & home lots · 19.78 Acres

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LAND - Berea, KY
LAND - Berea, KY

112 Dillon Court, Berea, KY 40403

$74,900
1.01 AC lot

Land · 1.01 Acres

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Cleared Acreage with Road Frontage
Cleared Acreage with Road Frontage

465 Opossum Kingdom Rd, Berea, KY 40403

$289,900
17.67 AC lot

Acreage with a cleared area and road frontage, providing a practical starting point for a new build or small farm.

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High-Density Residential Development Land
High-Density Residential Development Land

350 Pauline Dr, Berea, KY 40403

Contact for pricing
3.47 AC lot

Approximately 3.47 acres zoned for high-density residential development with plans for a 40-unit townhome project.

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Raw Land Tract with Development Potential
Raw Land Tract with Development Potential

9999 Old Peggy Flat Rd, Berea, KY 40403

$481,320

Raw, 17+ acre tract in a rural setting with easy access to I-75 via Exit 77.

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Land
Land

112 Dillon Ct, Berea, KY 40403

$74,900

Residential land & home lots

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Berea, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Land Tract with Mixed Timber
Residential Land Tract with Mixed Timber

735 Tower Drive, Richmond, KY 40475

$259,900
27.00 AC lot

27-acre tract with both cleared and wooded areas, offering flexibility for one residence plus accessory structures.

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Residential Development Land Parcel
Residential Development Land Parcel

205 Saddlebrook Court, Nicholasville, KY 40356

$194,750
0.45 AC lot

Residential land parcel zoned R-1 with access to community pond, walking trail, and a gazebo.

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Residential Home Lot in R-1
Residential Home Lot in R-1

201 Saddlebrook Court, Nicholasville, KY 40356

$194,750
0.45 AC lot

Residential land lot zoned R-1 within The Estates at Ashgrove Farms community in Nicholasville, KY.

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Land
Land

3503 Berea Rd, Richmond, KY 40475

$49,900

Residential land & home lots

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Berea, KY Residential Land & Home Lots Market Trends and Statistics

Explore 10 residential land & home lots for sale in Berea, KY, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 5,215,439 square feet of properties for sale, with an estimated market value of $3,456,720.

Sale prices for home sites in Berea, KY start at $74,900, averaging $384,080, and reaching up to $699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 21
Residential land & home lots 8
Industrial land 4
Hunting land 2
Recreation land 2

Demographics Overview

Population 28K
Population Growth (5Y) +9.9%
Median Household Income $60,105
College Educated 46.7%

High-Yield Neighborhoods for Investment

Identify Berea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40403 $384.1K

Taxes & Financing

Tax Rate (average for all types) 1.04%
Property Tax per SF $8.98 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Madison County

Residential Income

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