Single-Family Farmhouse on 40.75 Acres with Guest Quarters and Multiple Outbuildings — Owingsville, Kentucky — $468,000

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Property Overview

Rural Kentucky · Bath County

Discover the possibilities of country living at 501 Pigeon Forge Road in Owingsville, Kentucky. Set on a reported 40.75 acres, this distinctive farmhouse combines generous living space, flexible accommodations, and a collection of agricultural and workshop buildings in a rural setting.

The residence offers 9 bedrooms, 4 full bathrooms, and 3,588 square feet of finished living area, with two kitchens and two separate living spaces. The main home is described as having 7 bedrooms and 3 bathrooms, while attached guest quarters provide another 2 bedrooms, a bathroom, a full kitchen, a separate living area, and a private entrance.

With a walkout basement, multiple detached structures, and acreage suitable for exploring agricultural and recreational uses, the property offers a range of possibilities for buyers seeking room for extended family, workspace, storage, or country living. Intended uses should be confirmed against applicable zoning, building, sanitation, and land-use requirements.

9Bedrooms
4Full bathrooms
3,588Finished square feet
40.75Reported acres
2Kitchens and living spaces
2007Reported year built

Interior Features and Flexible Living

The two-story residence is described as offering a substantial bedroom count across both levels, hardwood flooring, a living-room fireplace, and a dedicated utility room. Four full bathrooms provide additional flexibility for a large household or guests.

The second kitchen and separate guest living quarters create an opportunity for multigenerational arrangements or extended stays while allowing occupants to maintain a degree of independence. Buyers should verify the guest quarters’ permitted use, any separate dwelling status, and compliance with applicable building and sanitation requirements before relying on it as an independent residence.

  • Two kitchens, including a kitchen in the guest quarters.
  • Two separate living spaces.
  • Hardwood flooring.
  • One wood-burning fireplace in the living room.
  • Full, unfinished concrete basement with walkout and walk-up access.
  • Approximately 1,200 square feet of unfinished basement space, as described in the listing information.
  • Appliances reported as included: washer, dryer, dishwasher, microwave, refrigerator, cooktop, and range.

Heating, Cooling, and Improvements

The reported heating systems include baseboard heat, forced air, a heat pump, and a wood stove. Cooling features include central air, ceiling fans, a heat pump, and multiple units.

The listing description identifies updated electrical wiring and a newer heating and air system, with mechanical systems reported to be less than six years old at the time of that description. Buyers should confirm installation dates, maintenance history, permits where applicable, and the current operating condition of all mechanical and electrical systems during inspections.

Land, Barns, and Outbuildings

The reported 40.75-acre parcel provides substantial outdoor space for buyers considering gardening, livestock, hobby farming, recreation, or additional storage, subject to the land’s actual topography, current use, and applicable restrictions.

  • Large barn: Reported dimensions of approximately 80 by 40 feet.
  • Detached garage or storage shop: Reported dimensions of approximately 24 by 41 feet.
  • Additional garage or storage building: Reported dimensions of approximately 55 by 16 feet.
  • Additional workshop: A further workspace or storage building, with potential garage use subject to suitability and any required approvals.

The property information also identifies barns, a guest house, a workshop, and stable-related structures. Buyers should verify the number, configuration, dimensions, condition, and permitted use of all outbuildings on site, as well as any applicable electrical, access, and insurance requirements.

Property Construction and Access

The home is described as a two-story single-family residence built in 2007, with metal siding, a metal roof, and a concrete-perimeter foundation. Parking information lists a detached garage and driveway, with two garage spaces and additional uncovered parking.

The basement is reported as full and unfinished, with both walkout and walk-up access. Its potential use will depend on the existing layout, moisture conditions, ceiling height, egress, and any permits required for future finishing.

Utilities and Property Services

The supplied property information identifies public water and a cistern, a septic tank, and fiber-optic internet availability. Heating and cooling are described above. Exact service availability, connection arrangements, capacity, and ongoing costs should be confirmed directly with the relevant providers and by inspecting the property.

Buyer verification: Confirm the water source and cistern arrangement, septic system permits and capacity, recent septic inspections, broadband serviceability at the precise address, and the operational status of all utilities. Area-level provider coverage alone does not establish that a particular service can be activated at this parcel.

Tax and Assessment Information

The supplied property details report an assessed value of $149,587 and annual property taxes of $1,865. These are listing-provided figures, not an independently confirmed current tax bill. Buyers should obtain the current tax statement and verify applicable taxing districts, exemptions, outstanding balances, and whether a transfer or change in assessment could affect future taxes.

Area Overview: Owingsville and Bath County

Owingsville is the county seat of Bath County in northeastern Kentucky. The surrounding region includes rural residential properties, agricultural land, and small-town services. The property’s setting may appeal to buyers seeking acreage and a country lifestyle while remaining within the broader regional network of eastern and central Kentucky communities.

The U.S. Census Bureau’s QuickFacts resource provides county-level population and community information, including housing, household, and demographic estimates. Consult the current Census profile for the applicable population count and reference year rather than treating countywide figures as a description of the immediate neighborhood.

For practical planning, buyers should evaluate the actual driving routes from the property to employment, shopping, medical care, schools, and other frequently used services. Travel times vary with route, weather, and traffic conditions.

Safety and Crime Information

Crime statistics should be evaluated using the reporting agency’s geographic boundaries, reporting year, and definitions. Citywide or countywide figures cannot establish the level of crime at a particular home or on its immediate road.

For a meaningful assessment of this rural property, buyers can consult the relevant local law-enforcement agency and compare available official reports with state and federal crime data. Check whether reported figures represent incidents, offenses, arrests, or calls for service, and use consistent reporting periods when comparing years.

Research limitation: A verified, comparable multi-year crime count or crime rate specifically covering the property’s reporting jurisdiction has not been established for this listing. No property-level safety rating or numerical crime claim is made. Buyers should request the applicable local agency’s current statistics and confirm which agency serves the address.

Schools and Education

Bath County Schools is the public school district serving the county. The Kentucky Department of Education provides a district and school directory, official school contacts, and school-report-card resources for checking individual school information.

Nearby school options and the assigned elementary, middle, and high schools for this parcel should be confirmed directly with the district. Proximity alone does not establish attendance eligibility, and school assignments may depend on the exact property location and current district boundaries.

Healthcare and Hospitals

Healthcare planning for a rural property should include identifying the nearest operating hospital, emergency department, urgent care clinic, primary-care office, and pharmacy using the exact property address. Facility names, operating status, services, and travel routes should be confirmed through current provider directories.

No specific facility distance or emergency travel time is stated here because a verified route calculation and current facility-level information have not been established for this address. Buyers should assess the practical distance to the healthcare services they expect to use.

Historical Housing Market

County-level housing data offer useful context but are not a valuation of this particular acreage property. The Federal Housing Finance Agency’s all-transactions House Price Index for Bath County records the following annual index values, with 2000 equal to 100:

YearBath County house price indexAnnual context
2020140.02Baseline shown in the selected historical series
2021154.36Index increased from 2020
2022183.83Index increased from 2021
2023196.13Index increased from 2022
2024190.80Index declined from 2023

Using the published index values, the Bath County index increased approximately 36.3% from 2020 to 2024: (190.80 − 140.02) ÷ 140.02 × 100. This is a calculated change in a county-level index, not the appreciation of this home or a prediction of future prices.

FHFA’s index is based on a repeat-sales methodology and differs from median sale price, listing price, and an automated estimate for an individual home. Rural acreage, outbuildings, multiple living spaces, property condition, and comparable sales can make an individual property’s market value differ substantially from a broad county measure.

Transportation and Regional Access

The property is in the Owingsville area of Bath County. Regional travel planning should account for the rural road network and the routes connecting the property with Owingsville, neighboring communities, and larger employment and service centers. The listing description references Lexington as a regional destination and Cave Run Lake and Red River Gorge as recreational destinations.

No exact mileage or drive-time claim is made here. Buyers should map the actual route from the property entrance and verify road conditions, public-road access, any private access arrangements, and seasonal travel considerations. State transportation resources can provide information about highway projects and road conditions.

Shopping and Everyday Services

Owingsville and surrounding Bath County communities are the natural starting points for identifying groceries, pharmacies, fuel, banking, dining, postal services, and other everyday needs. The most practical options depend on the route from the property and current business locations and hours.

A current, property-specific list of nearby businesses and verified distances has not been established for this page. Buyers should confirm business locations and hours before relying on a particular service, especially for essential errands or after-hours needs.

Parks and Recreation

The listing describes the property as offering acreage for outdoor recreation and potential agricultural uses. Suitability for livestock, hunting, gardening, or other activities depends on the actual land characteristics, ownership boundaries, applicable laws, and any easements or restrictions.

Cave Run Lake and the Red River Gorge are identified in the property description as regional recreational destinations. Buyers should check current public access, facility availability, boating or trail regulations, and driving routes with the relevant managing agencies before planning activities.

Utilities and Broadband Connectivity

The supplied listing information reports public water, a cistern, septic service, and fiber-optic internet availability. These details should be checked against the physical systems, utility records, provider serviceability, and any relevant permits.

  • Water: Public water and a cistern are reported; confirm the configuration, source, testing, and maintenance responsibilities.
  • Wastewater: A septic tank is reported; obtain available permits, inspection records, and information about capacity and maintenance.
  • Internet: Fiber availability is reported in the supplied description; confirm installability, speed tiers, equipment, and pricing at the exact address.
  • Electricity and other services: Confirm the active providers, service arrangements, and any separate outbuilding connections.

Broadband maps and general provider coverage are useful starting points, but they do not guarantee an installable connection at an individual property. Similarly, the reported water and septic details should be confirmed rather than inferred from the rural location.

Development and Local Planning

Potential changes to nearby roads, land use, and public infrastructure are best checked through official planning records, zoning decisions, local government meeting agendas, and transportation project notices. A submitted application should not be treated as an approval, and an approved project should not automatically be treated as completed.

No specific proposed, approved, or active development project near this parcel has been independently established for this listing. This does not mean that no development is planned. Buyers with particular concerns about surrounding land uses should request current information from the relevant planning and zoning authorities and review applicable parcel and road records.

HOA, POA, and Community Association Due Diligence

The supplied property information indicates that the home does not have an HOA. However, the property’s current association status and any recorded covenants have not been independently confirmed through the parcel’s recorded land documents. The absence of an HOA entry in a listing is not conclusive proof that no deed restrictions, road-maintenance obligations, easements, or other recorded requirements apply.

No verified association name, current association dues, fee schedule, association amenities, governing documents, rental restrictions, or special assessments have been established for this parcel. These items should not be assumed to be absent merely because they are not identified in the supplied listing information.

Buyer due diligence: Confirm the association status against the current deed, title commitment, recorded declarations, covenants, and amendments applicable to parcel 0570000001.00. If any association is identified, request its current fee schedule, budget, financial statements, reserve information, governing documents, meeting minutes, insurance details, and disclosures concerning approved or proposed assessments. Also verify any applicable rental rules, transfer charges, maintenance obligations, and rights to shared amenities.

County land records and the appropriate local office are important starting points for determining whether recorded restrictions apply. Any legal interpretation of a covenant or ownership obligation should be confirmed with the closing agent or a qualified real-estate attorney.

Property Summary

Property typeSingle-family residence / farmhouse
Street address501 Pigeon Forge Road
CityOwingsville
CountyBath County
StateKentucky
ZIP code40360
Bedrooms9
Bathrooms4 full bathrooms
Finished living area3,588 square feet
Lot size40.75 acres, as reported
Year built2007, as supplied
Parcel / APN0570000001.00
LevelsTwo
BasementFull, unfinished, with walkout and walk-up access
Exterior and roofMetal siding and metal roof, as reported
FoundationConcrete perimeter, as reported
HeatingBaseboard, forced air, heat pump, and wood stove, as reported
CoolingCentral air, ceiling fans, and heat-pump/multiple-unit systems, as reported
WaterPublic water and cistern, as reported
SewerSeptic tank, as reported
InternetFiber-optic availability reported; address-level service to be confirmed
ParkingDetached garage, driveway, and uncovered parking, as reported
Additional structuresBarn, detached garage/storage buildings, workshop, and guest quarters, as described in listing information
Assessed value$149,587, as supplied
Annual property tax$1,865, as supplied
HOA statusListing indicates no HOA; recorded restrictions and association status should be independently confirmed

Photography and property information: Original listing photographs and descriptive materials should be credited to their respective photographers, rights holders, and property owners as identified in the original listing. Individual photographer and owner names were not supplied here, so no specific individual attribution is invented.

Property description and reported features are based on the supplied listing information. Measurements, condition, permits, utilities, taxes, acreage, and other material details should be independently verified by the buyer.

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View on Zillow — $468,000