96-Acre Property with Farmhouse, Gas Wells, Creek & Exceptional Potential

Opportunities to acquire a large tract of usable land with agricultural potential, existing structures, natural features, and established utility infrastructure are becoming increasingly difficult to find. This unique Kentucky property offers a combination of open farmland, pasture possibilities, rolling acreage, creek frontage, existing outbuildings, a farmhouse, a storage garage, and two gas wells.

Listed at $240,000, the property provides an opportunity for buyers looking for land with multiple potential uses rather than a conventional finished residential property. The acreage includes areas suitable for farming or pasture, along with rolling sections that could potentially offer future house sites, additional agricultural uses, recreational opportunities, or other possibilities depending on local requirements.

The property also has a particularly interesting history. The old farmhouse, barn, and corn shed are described as having limited or no contributory value, but they remain part of the property’s character and history. A functional storage garage provides an existing structure that can be useful for equipment, tools, storage, or agricultural purposes.

Another notable feature is the presence of two gas wells. The property is also described as having free gas, adding another unusual component to this rural land opportunity. Buyers should independently verify the exact terms, ownership, production status, rights, obligations, and availability associated with the gas wells and any free-gas arrangement.


A Large Tract with Multiple Possibilities

The property offers a substantial amount of land with a combination of terrain types rather than one uniform landscape.

Some portions are described as relatively flat farming or pasture land, providing immediately recognizable agricultural potential. Other portions become rolling acreage after crossing the creek, creating a more varied landscape with opportunities for additional uses.

This variation in terrain can be particularly valuable because different parts of the property may serve different purposes.

The flatter ground could potentially be used for farming, pasture, livestock, equipment areas, or other agricultural activities, while the rolling sections could offer privacy, recreational space, wooded areas, or potential locations for future homes or structures.

Actual uses would depend on zoning, access, soil conditions, environmental considerations, utilities, permitting, and other applicable requirements.


Open Land for Farming or Pasture

One of the strongest characteristics of the property is the presence of flat acreage suitable for potential farming or pasture use.

Large areas of relatively level ground can be especially valuable on rural property because usable agricultural land is often more practical than steep or heavily sloped terrain.

The open portions of the property could potentially support agricultural activities, livestock, hay production, grazing, gardens, or other rural uses, depending on the property’s actual soil characteristics and applicable regulations.

For buyers interested in maintaining a working farm or simply having significant usable land around their future home, the open acreage provides an important starting point.


Rolling Acreage with Potential House Sites

Beyond the flatter areas, the property includes rolling acreage that adds variety to the landscape.

The listing specifically notes potential for house seats, farming, pasture, and other uses.

For a buyer looking toward the future, this creates the possibility of developing a private homesite in an area that offers a different setting from the open farmland.

Rather than having the entire property occupied by agricultural fields, the varied terrain provides opportunities to select locations based on privacy, views, access, and intended use.

Any future construction would need to be evaluated carefully for road access, utilities, septic suitability, drainage, topography, building requirements, and local approvals.


A Creek Adds Natural Character

A creek runs through the property and serves as an important natural feature separating portions of the land.

The creek contributes to the property’s rural character and creates a natural transition between the flatter agricultural areas and the rolling acreage.

Water features can also enhance the visual appeal of rural land and provide opportunities for enjoying nature, observing wildlife, exploring the property, and creating outdoor spaces.

The creek may also influence how different sections of the property are accessed and used, making an onsite inspection particularly important for understanding the land’s layout.


Two Gas Wells

Perhaps one of the most unusual features of the property is the presence of two gas wells.

The listing highlights the property’s gas infrastructure as an important part of the opportunity and refers to free gas.

This feature could potentially provide a significant benefit depending on the terms associated with the wells and gas rights.

However, buyers should conduct detailed due diligence before placing a value on this feature. The status of each well, production history, ownership of mineral rights, surface rights, lease agreements, maintenance obligations, environmental requirements, and the precise meaning of any free-gas arrangement should all be independently verified.

Gas wells and mineral interests can involve contractual and legal considerations that are separate from the physical ownership of the land, so professional review is advisable.


Existing Farmhouse

An old farmhouse is located on the property and contributes to its historical character.

The farmhouse has access to well water, but the listing states that it does not have a septic system.

Because of its age and condition, the farmhouse is described by the seller as having limited or no value.

For that reason, buyers should not approach the property with the assumption that the farmhouse represents a finished residence. Instead, it is better understood as an existing structure that may have historical or practical interest, while its actual condition and potential use would need to be evaluated onsite.

A future owner may decide to preserve, repair, renovate, replace, or remove the structure depending on its condition, local regulations, cost, and overall plans for the property.


Farmhouse with Well Water Access

The farmhouse has access to well water, which is an established utility feature associated with the existing structure.

However, the lack of septic service is an important consideration.

Anyone considering using or renovating the farmhouse would need to investigate whether a septic system can be installed and what requirements would apply.

Soil testing, site evaluation, setbacks, permits, system design, and local health requirements could all affect the feasibility and cost of adding septic service.


Functional Storage Garage

The property includes a functional storage garage, providing one of the more immediately useful existing improvements on the land.

A storage garage can be valuable on a large rural property because it provides protected space for tools, equipment, maintenance supplies, recreational gear, farm-related items, or other belongings.

For someone intending to use the property for agricultural purposes, having an existing structure for storage can reduce the immediate need to construct a new building.

The actual condition, dimensions, electrical service, structural integrity, and permitted use of the garage should be verified by the buyer.


Barn & Corn Shed

Additional structures include a barn and corn shed.

Like the farmhouse, these structures are described as having limited or no value in the listing.

Nevertheless, their presence may provide historical character and could potentially offer some utility depending on their physical condition.

For a buyer interested in restoring an older farm setting, these structures may add to the property’s rural atmosphere. For another buyer, their condition may mean that removal or replacement is more practical.

An onsite inspection is essential to determine whether any of these structures can realistically be preserved or repurposed.


Rental Lot at the Entrance

Another interesting feature is a rental lot at the entrance of the property.

The listing indicates that this lot has both septic and well water.

This creates another potential component of the property that could be valuable to a buyer, particularly someone interested in exploring additional residential or rental possibilities.

The exact status, permitted use, dimensions, utility connections, and development rights associated with the rental lot should be independently verified before assigning it a specific value.


Potential for Future Homesites

The property may offer opportunities for creating one or more private homesites.

The listing specifically references potential house seats on the rolling acreage.

This could be attractive to buyers who want to establish a primary residence while retaining substantial land around it.

It may also appeal to families who want multiple generations to have space on the same larger property, subject to subdivision rules, access requirements, utility availability, and local approvals.

Because the property has varied terrain, a professional survey and onsite evaluation would be important before determining exactly where future structures could be placed.


A Property with Agricultural Potential

The combination of flat land, pasture possibilities, rolling terrain, creek access, and existing agricultural structures gives this property a distinctly rural and agricultural character.

A future owner could potentially use portions of the property for livestock, pasture, farming, gardening, hay production, or other agricultural activities.

The presence of usable open ground is particularly valuable for buyers who want more than simply a wooded recreational tract.

Instead, the property offers a mixture of land types that could support different activities across the larger parcel.


Potential Livestock Property

The open acreage could potentially provide room for livestock and pasture uses.

Depending on the buyer’s goals, the property could potentially accommodate grazing areas, fencing, agricultural storage, feeding areas, or other rural improvements.

The existing barn, corn shed, garage, and open land provide a starting point for someone interested in developing a small agricultural operation.

Any livestock use should be planned around water availability, fencing, drainage, pasture quality, access, and local regulations.


Rural Privacy & Open Space

One of the most appealing aspects of owning a large tract of land is the amount of space available around the future owner’s home and activities.

Instead of being surrounded by closely spaced residential properties, the buyer has the opportunity to enjoy a much more expansive rural environment.

The combination of open fields, rolling acreage, trees, and creek areas creates a varied landscape where different parts of the property can feel distinctly separate.

This makes the property potentially appealing to anyone looking for privacy, outdoor space, and a more traditional country lifestyle.


Recreational Possibilities

The property also has potential beyond farming and residential use.

The varied terrain, creek, open land, and rolling acreage could provide opportunities for walking, exploring, wildlife observation, outdoor recreation, and other activities.

The large size of the property means there is plenty of room to explore without leaving the land.

Depending on local wildlife and applicable regulations, the acreage could also have potential for recreational hunting or other outdoor pursuits.


Historical Character

The property’s existing farmhouse, barn, and corn shed provide a connection to its agricultural past.

Even though these structures are described as having limited or no value, they help tell the story of the property and its history.

For buyers who appreciate older rural properties, this character can be part of the appeal.

The future owner could potentially preserve selected elements of the existing farm setting while developing the property according to modern needs.


Utilities & Infrastructure

The property includes several existing utility and infrastructure components.

  • Well water associated with the farmhouse
  • Septic system associated with the rental lot
  • Two gas wells
  • Functional storage garage
  • Farmhouse
  • Barn/outbuildings
  • Corn shed

Not all portions of the property should be assumed to have the same utility availability. Buyers should verify exactly which structures and areas have access to water, septic, electricity, gas, and other services.


No HOA

The property does not have a homeowners association.

The absence of an HOA can provide greater flexibility for a rural landowner, although zoning, county regulations, building codes, environmental requirements, agricultural regulations, and other restrictions may still apply.

The listing indicates that the property has no zoning, but buyers should independently verify the current legal status and any restrictions affecting development or land use.


Important Due Diligence for Buyers

Because this property includes a large amount of land, existing structures, wells, a creek, and gas wells, thorough due diligence is particularly important.

Prospective buyers should independently verify:

  • Exact acreage and property boundaries
  • Survey information
  • Access rights and road access
  • Water rights
  • Well condition and production
  • Septic availability and condition
  • Gas well ownership
  • Mineral rights
  • Gas leases and agreements
  • Free-gas terms
  • Production history of the gas wells
  • Environmental conditions
  • Condition of all structures
  • Potential homesite locations
  • Building requirements
  • Subdivision possibilities
  • Floodplain information
  • Creek boundaries
  • Property taxes

The listing itself specifically instructs buyers to confirm property lines, acreage, and condition onsite.


Property Details at a Glance

Price$240,000
Land Size96 Acres
Property TypeResidential / Unimproved Land
BedroomsNot Listed
BathroomsNot Listed
FarmhouseYes, limited or no stated value
Gas Wells2
Storage GarageYes
Barn/OutbuildingsYes
Corn ShedYes
CreekYes
Rental LotYes
Rental Lot UtilitiesSeptic and Well Water
Farmhouse WaterWell Water
HOANo
ZoningNone Listed
Annual Taxes$748

A Rare Combination of Land & Existing Improvements

Large rural parcels can sometimes consist almost entirely of undeveloped land, requiring a buyer to begin everything from scratch. This property is different because it already contains several structures and utility-related features.

The farmhouse, garage, barn, corn shed, rental lot, wells, and existing access provide a collection of improvements that may offer practical value depending on their condition and the buyer’s plans.

At the same time, the property retains substantial undeveloped acreage, giving the future owner room to create something new.


Potential for a Private Country Estate

One possible long-term vision for the property would be the creation of a private country estate.

A future owner could potentially select an appropriate homesite on the property, preserve portions of the existing landscape, maintain agricultural areas, and create private outdoor spaces.

The combination of open ground and rolling acreage allows the property to be shaped around different lifestyle goals.

Whether the future owner wants a quiet rural residence, agricultural property, recreational retreat, or a combination of uses, the available space provides considerable flexibility.


A Property for Buyers with Vision

This is not a conventional turnkey residential listing.

Its appeal comes from the land, location, existing infrastructure, gas wells, agricultural potential, and possibilities for future development.

The farmhouse and older agricultural structures may require significant work or may ultimately have little practical value, but the underlying acreage gives the property its greatest potential.

For a buyer who understands rural land and is prepared to perform detailed due diligence, this could be an opportunity to acquire a substantial tract with several different avenues for future use.


Final Thoughts

This property offers an unusual combination of large acreage, agricultural land, rolling terrain, a creek, an old farmhouse, multiple outbuildings, a functional storage garage, a rental lot, and two gas wells.

Listed at $240,000, it provides a very different type of real-estate opportunity from a conventional move-in-ready home. The property’s strongest asset is the land itself, with flat areas suitable for potential farming or pasture and rolling sections that could potentially accommodate homesites, agricultural uses, recreation, and other possibilities.

The existing farmhouse has well-water access but no septic system and, along with the barn and corn shed, is described as having limited or no value. Buyers should therefore focus their evaluation on the entire property rather than assuming the existing structures are ready for immediate residential use.

The presence of two gas wells and the reference to free gas adds another unusual dimension to the opportunity. However, the precise rights, terms, production, and obligations associated with the wells must be independently verified before they are assigned any financial value.

For someone looking for a substantial rural property with agricultural potential, natural features, existing infrastructure, and room to create a long-term vision, this tract could offer an intriguing opportunity.

Disclaimer: The information provided here is for general informational purposes only. Full, verified, and complete property details can always be found directly on Zillow, as with all other listings.

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