3000 Miller Creek Rd, Ravenna, KY 40472

$599,000

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List Price
$599,000
MLS#
26019641
Status
ACTIVE
Type
Land
Subtype
Unimproved Land
Lot Size
8,581,320

Property Description

Approximately 197 acres according to the Estill County PVA, this exceptional mountain tract offers an outstanding opportunity for timber investment, hunting, recreation, or long-term land ownership. Covered in mature hardwood timber with strong timber investment potential, the property provides abundant wildlife, breathtaking mountain scenery, and exceptional privacy. Located just 5 minutes from downtown Ravenna, the property fronts Mt. Scatchum Road, a county-maintained road, with electricity and public water available nearby—an uncommon combination for a tract of this size. While the property has road frontage and access from Mt. Scatchum Road, there is currently no established interior road due to the rugged terrain. The Kentucky River and the American Legion State Boat Ramp are just minutes away, making this an ideal property for outdoor enthusiasts, timber investors, and developers with vision. The mature hardwood timber may provide an opportunity to help offset future development costs through a professionally managed timber harvest. Selective harvesting could also create spectacular building sites overlooking the Kentucky River Valley, making this property an excellent candidate for a series of luxury cabins, vacation rentals, or a private mountain retreat. With the continued growth of the short-term rental market, this property offers exceptional long-term investment potential in one of Estill County's most scenic locations.

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Listing courtesy of Joyce Marcum Realty.