Loan Price
$10,421
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$1,850,000 ↓$50,000on 11/20/2024
853 E Fourth Street London, KY 40741
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Property Description for 853 E Fourth Street London, KY 40741
Discover an exceptional investment opportunity within the city limits—a sprawling 21-acre property with nearly 6,000 sq. ft. of versatile space. Perfectly positioned for limitless potential, this expansive estate offers an ideal location for a wide array of ventures, including a potential medical center, office building, retail, Airbnb, insurance company, or even a sober living facility.
For those with creative visions, it's a prime canvas for a wedding venue or event space, surrounded by natural beauty with ample room for parking, landscaping, and guest accommodations. The property's size, location, and layout offer unmatched flexibility for both commercial and residential use, making it an attractive option for developers and investors alike.
Whether you're looking to expand your business or develop a new community resource, this property presents endless opportunities to bring your vision to life! Don't miss your chance to explore the possibilities!
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Address:853 E Fourth Street London KY 40741
Status:Active
on site: 67 days
Price:$1,850,000
Bathrooms:0
Year Built:1966
Lot Size:21.00
County: Laurel
MLS #:24021186
Lot Dimensions:914760
Directions:From exit 41 off I-75, head East on Hwy 80/Hal Parkway, make a right onto N Main St/Hwy 25. Travel to 4th Street on Main. Make a left on 4th, property in on the left.
Abv. Grnd. Sq. Ft. :5,340
| Date | Old Price | New Price | Percent Change |
| 11/20/24 | $1,900,000 | $1,850,000 | -2.6% |
Mandatory HOA Fee:$
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Listing provided courtesy of Amanda Heuser with CENTURY 21 Advantage Realty
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
London, KY Market Report
95
Avg. DOM
$333.33
Avg. $ / Sq.Ft.
$ 299,000
Med. List Price
The house prices in London are not dropping at the moment. There has been a increase in price of $9,796.67. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in London are going Up. The average house price is $299,450.00 and the average price per square feet is $333.33 per square feet. At the moment, the amount of homes listed is exactly 327 houses, with 108 with active status, 37 with pending status and 182 sold in London .
The most popular place to buy a home in London is 044 - Laurel County. 044 - Laurel County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in London .
The average amount of property taxes you would have to pay for a home in London is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in London are staying listed for an average of 93 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in London was 4735 minutes ago.
At the moment we have 6 open houses that you can visit.
The cost of the most expensive home in London is $1,850,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in London is $85,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in London in year 1913 and the newest built house is in year 9999.
The average size of properties in London is 2.78 sq.ft. , the biggest one being 300 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.
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