Resort

Gray, KY Resorts for Sale

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Mixed-Use Property with Pay Lake
Updated: Oct 3
Mixed-Use Property with Pay Lake

213 KY-1232 Highway, Gray, KY 40734

$1,300,000
3,398 sqft 48.00 AC lot
48‑acre property with a pay lake and two private ponds
Five Airbnb lodging units across the main building and separate structures
Main building has two Airbnb apartments and additional space
Bait shop and eatery space on site
Owner’s residence has 3 bedrooms and 2 baths
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Resort Property with Pay Lake
Updated: Oct 3
Resort Property with Pay Lake

213 Ky 1232, Gray, KY 40734

$1,300,000
3,398 sqft 48.00 AC lot
48 acres, including approximately 30 wooded acres
One pay lake and two private ponds
Five short‑term rental units
Bait shop/store and eatery space
Owner's residence with 3 bedrooms and 2 bathrooms
View details
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Gray, 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.

Mountain Resort Property with Lodging
Mountain Resort Property with Lodging

504 Mountain View School Rd, Robbinsville, NC 28771

$2,200,000
24.00 AC lot

Established retreat property with lodging, campground facilities, wellness spaces, and commercial infrastructure.

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Mountain Retreat Resort with Cabins
Mountain Retreat Resort with Cabins

504 Mountain View School Rd, Robbinsville, NC 28771

$2,200,000
24.00 AC lot

Established hospitality property combines lodging, recreation, wellness, and commercial food-service facilities.

View details
Furnished Bed & Breakfast Estate
Furnished Bed & Breakfast Estate

790 McSwain Branch Road, Irvine, KY 40336

$3,995,000
9,721 sqft 290.00 AC lot

Furnished hospitality compound with cabins, a farmhouse, and a 2025 retreat center.

View details
Outdoor Short-Term Rental Property
Outdoor Short-Term Rental Property

2245 Winona Road, Huntsville, TN 37756

$500,000
2.00 AC lot

Multiple lodging accommodations, guest amenities, and trailer-friendly parking support outdoor-focused short-term stays.

View details

Gray, KY Resorts Market Trends and Statistics

Explore 2 resorts for sale in Gray, KY on our real estate platform. These investment opportunities span a total of 6,796 square feet of properties for sale, with an estimated market value of $2,600,000.

Sale prices for resorts in Gray, KY average $1,300,000 — 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

Resorts 2

Demographics Overview

Population 3,633
Population Growth (5Y) -10.4%
Median Household Income $40,270
College Educated 9.5%

Taxes & Financing

Tax Rate (average for all types) 1.09%
Property Tax per SF $45.21 per SF
Tax Rate vs County Average 0.19 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Knox County

New Delisted

Total CRE Inventory on Market (SF)

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