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For sale
  • $499,999

    4923 Grancer Rd, Morgantown, KY 42261

    3beds
    1baths
    1,064sqft
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    Built in ----
    -- sqft lot
    $-- Zestimate®
    $470/sqft
    $-- HOA

    What's special

    Older farmhousePropane heatBeautiful mixed hardwood forestCounty waterElectric serviceEstablished road system
    Opportunities like this are becoming increasingly difficult to find in Butler County. This 119.909-acre farm offers a rare combination of a hunting camp, productive open ground, quality timber, approximately two miles of interior trails, excellent wildlife habitat, and the potential to expand your hunting footprint even further.Located at 4923 Grancer Road in Morgantown, Kentucky, the property is anchored by an older farmhouse that serves as the perfect hunting camp, weekend getaway, or base of operations while enjoying the land. The home offers approximately 1,064 square feet of living space with 3 bedrooms and 1 bathroom. Utilities include county water, electric service, and propane heat. The home is being sold as-is and reflects the typical wear and maintenance needs expected from a house of its age.One of the property's newest features is a recently constructed 0.4-acre pond that is filling quickly thanks to recent rainfall. The pond is expected to be ready for stocking by late summer and should provide both recreational enjoyment and an additional water source for wildlife.Another major improvement is the property's extensive internal trail system. Approximately two miles of recently constructed trails provide excellent UTV and ATV access throughout the farm, allowing owners to easily reach hunting locations, monitor wildlife activity, maintain habitat improvements, access the timber, or simply enjoy riding and exploring the property. The established road system makes the farm immediately usable from day one and greatly enhances both recreational enjoyment and land management opportunities.Approximately 20 acres of open ground are currently maintained as grass hay and divided into two fields, each roughly 12 acres and 8 acres. These openings provide opportunities for continued agricultural use, future food plots, livestock, or additional wildlife enhancements.The remaining acreage consists primarily of timberland with a diverse mix of habitat types. Approximately 30 acres underwent a selective timber harvest last year, creating ideal edge habitat around the hay fields. The resulting regeneration has produced thick, nutritious browse and exceptional cover for deer, turkey, and other wildlife. Importantly, many high-quality mast-producing trees, including white oak and red oak, were retained throughout the harvest area.The balance of the timberland, approximately 70 acres, features a beautiful mixed hardwood forest that has not been harvested in decades. This mature timber has an aesthetic appeal and timber value. The rolling terrain offers numerous travel corridors, natural funnels, and stand locations that serious hunters will appreciate.The area surrounding the farm offers an ideal blend of hardwood timber, productive crop fields, and pastureland. This diverse landscape provides the food, cover, and travel corridors necessary to support strong deer and turkey populations while creating the habitat conditions that hunters seek when managing for mature wildlife.This property has been part of an approximately 500-acre hunting lease managed by the same father-and-son hunting team for several years. Now that they have moved on, a hunting lease on surrounding timber and farmland may be negotiable as part of a purchase, potentially allowing the new owner to enjoy access to an even larger hunting footprint.For buyers seeking additional acreage, more wooded land is available for purchase, and the adjoining cattle farm could also be purchased. Whether you're looking for a hunting retreat, recreational investment, future timber value, or a place to build lasting family traditions, this property checks a remarkable number of boxes.Properties offering a farmhouse, open ground, quality timber, an established trail system, excellent habitat, pond construction, and the possibility of expanded hunting opportunities are exceptionally rare. Don't miss your chance to own this unique Butler County farm.
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    Zillow last checked:

    Listed by:

    Dave Skinner,

    Whitetail Properties

    Source: Whitetail Properties,MLS#: 112541

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,064
      • Total interior livable area: 1,064 sqft

      Property

      Details
      • Parcel number: 106000001400

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Other

      Community & HOA

      Location
      • Region: Morgantown

      Financial & listing details

      • Price per square foot: $470/sqft
      • Tax assessed value: $85,100
      • Annual tax amount: $769
      • Date on market: 6/5/2026
      • Lease term: Contact For Details
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,220/mo

        Price history

        DateEventPrice
        6/5/2026Listed for sale$499,999$470/sqft
        Source: Whitetail Properties #112541 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$769 -12.4%$85,100 -12.6%
        2023$877 +0.3%$97,400
        2022$874 -1.6%$97,400 -73.7%
        2021$889 +122.1%$370,000 +21.6%
        2020$400 +0.6%$304,300
        2019$398 +28.1%$304,300
        2018$311 +61.2%$304,300 +417.5%
        2017$193 $58,800
        2016$193 +1.6%$58,800 -80.5%
        2015$190 $301,300
        2013-- $301,300
        2011-- $301,300
        2010-- $301,300

        Find assessor info on the county website

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          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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          Climate risks

          Neighborhood: 42261

          Getting around

          0 / 100
          Car-Dependent
          8 / 100
          Somewhat Bikeable

          Nearby schools

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