1 year on rocket

55 River Run Dr, Lancaster, KY, 40444

$47,700

1.21 Acres
Land

Location

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Property Highlights

Home TypeResidential Land
MLS #1638497
Lot Size1.21 Acres
StatusActive

About 55 River Run Dr

Introducing a fantastic opportunity to own a prime piece of land in Lancaster, KY - 55 River Run Drive! This 1.21-acre plot of cleared land is perfect for new construction and is situated in a rapidly growing neighborhood. Offering the perfect blend of rural charm and modern convenience being less than an hour from Lexington. With no HOA fees to worry about, and neighborhood building covenants and restrictions maintaining the area's high-quality appeal; this is an ideal location to build the home of your dreams. Located within the neighborhood of River Run Estates, this expansive lot provides ample space to create your perfect custom home and enjoy a sense of tranquility without sacrificing the convenience of nearby amenities. With electric connections already in place and public water... ...access, this land is ready for building and has already undergone a PERC test. The versatile 1+ acre size of this property offers plenty of space for your home, outdoor living areas, and landscaping to make your new residence a true oasis. The cleared land ensures minimal preparation work, so you can break ground as soon as your plans are approved. You are invited to show up at any time to tour the property and envision the potential it holds for your future. The build-to-suit nature of this opportunity means that your dream home can be designed and built exactly as you envision it. Don't let this incredible chance to build your perfect home in a growing neighborhood slip away - 55 River Run Drive is waiting for you. Act now to secure this fantastic investment and make your dreams a reality.

Property Details

Property Features

Listing Office:

  • Office Name: United Real Estate Louisville

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 1.21 Acres

Other

Directions Information:

  • Directions: FROM SOUTH ON US-27 ACROSS FROM KENTUCKY RIVER TURN RIGHT ONTO HWY-1845/ROGERS ROAD. HEAD STRAIGHT ABOUT .5 MILES AND MAKE A RIGHT INTO RIVER RUN SUBDIVISION. MAKE A RIGHT AT THE STOP SIGN, AND LOT IS 3RD ON THE RIGHT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $47,700
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Housing Market Comparison

See how this home compares to others in Lancaster, KY.

Med. Sold Price

$250K

Med. Price/SqFt

$140

Avg. Days On Market

48

# of Sold Homes

12

55 River Run Dr vs Lancaster

527 DAYS ON ROCKET

+479 Days

$47,700

-$202.3K Less

KEY TAKEAWAY

This property is $202.3K less than the Median Sold Price in Lancaster, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1638497

Listing Office:

  • Office Name: United Real Estate Louisville

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$210

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-691652
7
/10
  • Camp Dick Robinson Elementary School

  • 279 N Camp Dick Rd

  • 4.48 miles

  • Public District Grades PK-5

school-card-donut-691653
8
/10
  • Wilmore Elementary School

  • 150 Campground Ln

  • 7.23 miles

  • Public District Grades 1-5

school-card-donut-691654
5
/10
  • Nicholasville Elementary School

  • 414 W Maple St

  • 9.11 miles

  • Public District Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,923. The most common annual income of people living in Lancaster, KY is between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 55 River Run Dr

What is the listing price of this property?

The listing price of 55 River Run Dr property is $47,700.

What type of property is this?

The property 55 River Run Dr is land located in Lancaster, Kentucky, 40444.

Is this property for sale now?

Active Listing: 55 River Run Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 55 River Run Dr is 1.21 acres.
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Rocket HomesKentuckyGarrard CountyLancaster4044455 River Run Dr

This home is located at 55 River Run Dr in Lancaster, KY and zip code 40444. This home sits on a 1.21 acre lot. It has been listed on Rocket Homes since June 10, 2023 and is currently priced at $47,700.

In October 2024, from all listings sold in Lancaster, KY there were more than 2 sold above asking price, over 9 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Lancaster, KY increased by 11.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $250,000, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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