1035 Peggy Flats Road Berea, KY $ 699,900
1035 Peggy Flats Road
$ 699,900
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1035 Peggy Flats Road

Berea, KY, 40403
$ 699,900
Baths0.0

Monthly Estimate*

$ 4,419

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Studio

Lots and Land for sale in Berea, KY

for $699,900. The lot size is 26.

Drone photography will be added Tuesday (weather permitting) Exceptional Residential Development Opportunity - Fincastle Subdivision Phase II | Berea, Kentucky Build the next chapter of one of Berea's established neighborhoods. This 26± acre development opportunity offers the rare chance to create Phase II of Fincastle Subdivision, expanding a well-established community while contributing to the continued growth and beauty of Berea, Kentucky. With the groundwork of an existing neighborhood already in place, this property provides the perfect blank canvas for a developer or builder with vision. Design a thoughtfully planned community that complements the surrounding homes while meeting the demand for quality housing in one of Central Kentucky's most desirable small cities. Not looking to develop? Keep it for yourself and family to have plenty of building site options. Located within the Berea city limits, the property offers the convenience of city sewer, water, and electric utilities, along with excellent accessibility, helping streamline the development process. Future homeowners will appreciate being just minutes from many of Berea's most loved destinations, including: Berea College Berea Community Schools The Berea College Forest and the renowned Pinnacles hiking trails Berea's scenic walking and biking trails Historic Artisan Village and College Square Kentucky Artisan Center Boone Tavern Hotel & Restaurant I-75 for convenient travel to Richmond, Lexington, and beyond Known as the Folk Arts & Crafts Capital of Kentucky, Berea offers a unique combination of small-town charm, outdoor recreation, a vibrant arts community, and an outstanding quality of life. Residents enjoy miles of hiking and biking opportunities, beautiful mountain views, local shops and restaurants, and year-round community events. Whether your vision includes a boutique neighborhood, custom homes, or a signature residential community, Fincastle Subdivision Phase II presents an exceptional opportunity to leave a lasting mark on one of Kentucky's fastest-growing and most desirable communities.

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Lots and Land Active

Price

$ 699,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

26

Town/City

Berea

County/Region

Madison

MLS | Web ID

26017898

Features
General
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Zoning B-1
Topography Gentle Sloping Wooded Level Cleared
Property Subtype Unimproved Land
Current Use Unimproved
Parcel Number 006000000033A
Elevation 922
County Madison
New Construction N
Property Type Land
Subdivision Name Fincastle
Possible Use Residential
Status Active
Directions Exit 77 in Berea. Turn onto Peggy Flats Rd. Subdivision will be on the left.
City Berea
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 1132560.0
Land Lease Y/N N
MLS Area Minor 008 - Madison County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Features Wooded Cleared Gentle Sloping Level
Lot Size Area 26.0
Lot Size Acres 26.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 1035
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* Excluded Features
List By
Re/Max Elite Realty

Broker

Affordability Calculator

$4,419
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,419
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$699,900 Listed Price

Map


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1035 Peggy Flats Road, Berea, KY, 40403 is a Lots and Land for sale at $699,900 with a lot size of 26. 1035 Peggy Flats Road is a studio with 0.0 baths. The property's zip code is 40403 which is in Berea, KY