NOT LISTED FOR SALE

733 Richmond Road Loop 1 Lancaster, KY 40444

Estimated Value: $687,000 - $748,000

3 Beds
2 Baths
1,360 Sq Ft
$527/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $266,500 $196 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $3,929/month

43 Days on Market

Highlights

  • 27.36 Acre Lot
  • Brick Veneer
  • Patio
  • 1 Car Attached Garage
  • Cooling Available
  • 1-Story Property

About This Home

As of February 2019

TWO Homes on 27 Acres! Multi-Generational Living, Airbnb Income Potential & Homesteading Ready! Rare opportunity to own 27 acres with TWO fully renovated homes, perfect for multi-generational families, investors, homesteaders, or anyone seeking rental or Airbnb income. The main home is a beautifully updated 1,350 sq. ft. all-brick ranch on a full basement, featuring luxury vinyl plank flooring, an upgraded kitchen with stainless steel appliances, and modern tiled bathrooms. The second home, a 1,554 sq. ft. Barndominium, offers an airy open layout with premium countertops, soft-close cabinetry, abundant storage, and a 30x37 attached garage/shop—ideal for hobbies, vehicles, or additional workspace. Together the homes offer 5 bedrooms, 4 full bathrooms, 2 kitchens, and 2 laundry rooms, providing endless options for multi-family living, long-term rentals, short-term rentals, or dual-residence income. The land is set up for homesteading and farm potential, featuring a 40x30 metal shop, 45x45 barn, two natural springs, and extensive fencing that's perfect for cattle, horses, or small livestock. With 27 acres of usable land, this property offers privacy, recreation, and room to grow. Whether you're dreaming of a family compound, an income-producing Airbnb property, or your own Kentucky homestead, this one checks every box. Properties with this combination of land, updates, and versatility rarely come available!

Last Agent to Sell the Property

Ed Irvin

Weichert Realtors Ford Brothers - Lancaster License #194148 Listed on: 08/14/2018

Last Buyer's Agent

Christina Vaughn

CENTURY 21 Advantage Realty License #242519

CENTURY 21 Advantage Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 27.36

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Veneer
  • Dimensional Roof

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Window Screens
  • Family Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Lancaster Elementary School
  • Garrard Co Middle School
  • Garrard Co High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Patio
  • 27.36 Acre Lot

Community Details

  • Rural Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

27.36 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 1360.0
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Full, Unfinished
  • Basement: Yes
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • LivingArea: 1360.0
  • Lot Size Area: 27.36
  • Window Features: Screens
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Brick Veneer
  • List Price: 275900.0
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Screens: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Underground Utilities
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Lancaster
  • High School: Garrard Co
  • Middle or Junior School: Garrard Co

Lot Info

  • Lot Size Acres: 27.36
  • Lot Size Sq Ft: 1191802.69

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Off Market $725,000 -- --
12/05/2025 12/05/25 For Sale $725,000 +172.0% $247 / Sq Ft
02/15/2019 02/15/19 Sold $266,500 0.0% $196 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $266,500 -- $196 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,954 $150,000 $25,000 $125,000
2024 $2,954 $150,000 $25,000 $125,000
2023 $2,998 $146,500 $25,000 $121,500
2022 $1,391 $146,500 $25,000 $121,500
2021 $1,420 $146,500 $25,000 $121,500
2020 $1,430 $146,500 $25,000 $121,500
2019 $685 $100,000 $25,000 $75,000
2018 $704 $100,000 $25,000 $75,000
2017 $702 $100,000 $25,000 $75,000
2016 $697 $100,000 $25,000 $75,000
2012 $1,077 $100,000 $25,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Allyson Barnes

    Haven Homes Group

    (859) 444-0180

    4 Total Sales

    Allyson Barnes
    Section Image

  • E

    Seller's Agent in 2019

    Ed Irvin

    Weichert Realtors Ford Brothers - Lancaster

    (859) 792-2611

    25 in this area

    79 Total Sales

    Ed Irvin
    Section Image

  • C

    Buyer's Agent in 2019

    Christina Vaughn

    CENTURY 21 Advantage Realty

    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1818708

ImagineMLS (Bluegrass REALTORS®)

APN: 34A-04-018

Kentucky Garrard County Lancaster 40444

733 Richmond Road Loop 1, Lancaster, KY

Not Listed for Sale

Detached

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