For sale

$380,000

295 Forge Mill Rd, Clay City, KY 40312

4beds

2,184sqft

$2,464/mo

Get pre-qualified

Single Family Residence

Built in 1970

5 Acres Lot

$347,600 Zestimate^®

$174/sqft

$-- HOA

What's special

Saltwater swimming poolPrivate home

Looking for a property that offers both a private residence and income-producing potential? This unique 5-acre property features a private home PLUS two additional rental units, creating an opportunity to offset your mortgage, generate rental income, or accommodate guests and extended family. Prefer an investment opportunity? The property could also serve as a multi-unit rental compound with plenty of room to enjoy. Take advantage of the saltwater swimming pool and convenient location just next to Meadowgreen Music Park and approximately 20 minutes from Natural Bridge State Park and the Red River Gorge. Whether you're looking for a place to call home, an income-producing investment, or a combination of both, this property offers versatility and opportunity!

4 hours
43
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Primary bedroom

Level: First

Kitchen

Level: First

Heating

Heat Pump

Cooling

Electric

Appliances

Included: Dryer, Microwave, Refrigerator, Washer, Range

Features

Ceiling Fan(s), Soaking Tub
Flooring: Hardwood, Tile
Windows: Blinds
Basement: Partially Finished,Walk-Out Access
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 2,184
Total interior livable area: 2,184 sqft
Finished area above ground: 1,092
Finished area below ground: 1,092

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: One
Has private pool: Yes
Pool features: In Ground

Lot

Size: 5 Acres

Details

Additional structures: Guest House, Other
Parcel number: 08P0000215.00

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding, Brick
Foundation: Block
Roof: Composition

Condition

Year built: 1970

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Red River Gorge

HOA

Has HOA: No

Location

Region: Clay City

Financial & listing details

Price per square foot: $174/sqft
Tax assessed value: $252,000
Annual tax amount: $2,303
Date on market: 11/10/2026

Estimated market value

$347,600

$320,000 - $379,000

$2,256/mo

Price history

Date	Event	Price
11/10/2026	Listed for sale	$380,000+50.8%$174/sqft
Source: Imagine MLS #26030907 Report a problem
6/12/2020	Sold	$252,000-2.7%$115/sqft
Source: Imagine MLS #1922558 Report a problem
5/11/2020	Pending sale	$259,000$119/sqft
Source: Hunt Real Estate Professionals #1922558 Report a problem
9/24/2019	Listed for sale	$259,000$119/sqft
Source: Hunt Real Estate Professionals #1922558 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	--
2024	--	--
2023	$2,303 +1.9%	$252,000
2022	$2,260 +1.1%	$252,000
2021	$2,235 +19.8%	$252,000 +1.6%
2020	$1,865 +308.1%	$248,000 +161.1%
2019	$457 -1.8%	$95,000
2018	$466 +4.1%	$95,000
2017	$447	$95,000
2016	--	$95,000 +46.2%
2015	--	$65,000
2013	--	$65,000
2012	--	$65,000
2010	--	$65,000