$1,015,000
 $5,449 est/mo Sourced by Back At You

111 Horse Cove Road,Berea, KY 40403

Berea, KY 40403

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Description

This unique income-producing property has multiple residences on 4.37 private acres. The main house is a stunning custom 3,044 square foot Craftsman home. There are also two established rental properties- perfect for generating immediate income or creating a multi-generating estate. Tucked away at the end of the road and surrounded by peaceful woods, the main residence showcases rich wood and stone throughout, with vaulted ceilings, a striking stone fireplace, and a custom kitchen with granite countertops. Large windows bring in natural light and frame serene, private views in every direction. It has been professionally landscaped, and the above-ground pool will be the perfect place to relax this summer. What truly sets this property apart is the built-in rental income potential. There is a charming log cottage that has operated as an Airbnb, offering a proven short-term rental opportunity. There is also a well-maintained single-wide mobile home that is currently rented, providing consistent long-term income. Whether you're looking for a private retreat, an investment property, or a combination of both, this income-generating property with multiple homes delivers flexibility, privacy, and real earning potential.

Details

MLS #26004902
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1998
Days On Site168
Listing Provided ByColdwell Banker McMahan | Linda Lester

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet3,044
Garage4
PoolYes
Story(s)1
Acreage4.37
Property ViewMountain(s), Rural, Trees, Woods

Interior

Rooms Total8
CoolingHeat Pump
HeatingHeat Pump
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesEntrance Foyer, Walk-In Closet(s)
Window FeaturesInsulated Windows, Skylight(s), Window Treatments
AppliancesDishwasher, Microwave, Refrigerator

Exterior

RoofDimensional Style
Construction MaterialsStone, Wood Siding
Foundation DetailsBlock

Parking

Garage Yes / NoYes
Attached Garage Yes / NoNo
Parking FeaturesAttached Carport, Detached Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side

Utilities

UtilitiesElectricity Connected, Water Connected
SewerSeptic Tank

Area Information

StateKY
CountyMadison
CityBerea
Zip Code40403
Area008 Madison County
SubareaMadison County
Community NameRural
School DistrictMadison County
Elementary SchoolKingston
High SchoolMadison So
Listing VS Median (in Rural)
Price:
$1,015,000
low | high
Med:
$290,000
100% of Average
sqft:
3,044
low | high
Med:
1,710
93.823915900131% of Average
$ / sqft:
$333
low | high
Med:
$170
99.139515455305% of Average
On site:
168
low | high
Med:
98
100% of Average
Sourced by Back At You

Market Activity 40403

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Learn More About This Property

StateKY
CountyMadison
CityBerea
Zip Code40403
Area008 Madison County
SubareaMadison County
Community NameRural
School DistrictMadison County
Elementary SchoolKingston
High SchoolMadison So
Listing VS Median (in Rural)
Price:
$1,015,000
low | high
Med:
$290,000
100% of Average
sqft:
3,044
low | high
Med:
1,710
93.823915900131% of Average
$ / sqft:
$333
low | high
Med:
$170
99.139515455305% of Average
On site:
168
low | high
Med:
98
100% of Average
Sourced by Back At You
Listing Updated: July 20, 2026 at 8:35:16 AM PDT