Modern Farmhouse on 16 Acres with Finished Basement in Grayson, KY — $387,000

Property Overview

Set on approximately 16.08 acres along North State Highway 7 in Grayson, this 2017 ranch-style home combines a modern farmhouse look with a finished lower level and a detached three-car garage. The home has four bedrooms, two full bathrooms, and 1,972 square feet of livable interior space, with a covered front porch and back deck for enjoying the surrounding property.

The acreage provides room to enjoy the outdoors, with hunting opportunities noted in the property description. Several lakes are also found in the wider Grayson area for fishing and recreation.

Interior Features

The main floor has two bedrooms, a full bathroom, a living room, dining area, and kitchen. The kitchen features cabinetry, granite countertops, and a breakfast bar. Included appliances are the gas range, refrigerator, dishwasher, and microwave.

The finished basement adds two more bedrooms, a second full bathroom, a family or recreation room, and a utility room. The finished lower-level space gives the home a separate area for relaxing, hobbies, or everyday activities.

The washer and dryer are included. Heating and cooling are provided by a heat pump and central air conditioning.

Exterior and Garage

The covered front porch provides a sheltered outdoor sitting area, while the back deck offers another place to spend time outside. The detached three-car garage has electricity, heat, and air conditioning, providing a climate-controlled space for vehicles, projects, or storage.

Land and Outdoor Recreation

The property contains approximately 16.08 acres, with hunting opportunities highlighted in the listing description. Its Grayson-area location also places it within reach of outdoor destinations in Carter County, including lakes, trails, and state park recreation.

Living in the Grayson Area

Grayson is the county seat of Carter County in northeastern Kentucky. The county had an estimated population of 26,149 in 2025. Grayson is served by a mix of local businesses and services, while Interstate 64 and U.S. Route 60 connect the area with other communities in the region.

Schools and Education

Carter County Schools serves the Grayson area. Nearby district schools include Heritage Elementary School, Prichard Elementary School, East Carter Middle School, and East Carter High School. Carter Christian Academy and Kentucky Christian University are also located in Grayson. School attendance boundaries should be confirmed directly with the district for this address.

Healthcare

Healthcare services in Grayson include PrimaryPlus-Grayson, a family health facility with pharmacy services and additional care offerings, and the Grayson urgent care center on North Carol Malone Boulevard. UK King’s Daughters also operates a broader hospital and medical network serving the region, including facilities in Ashland.

Shopping and Everyday Services

Grayson has grocery and everyday shopping options including Weaver’s Market, Ralph’s Foodfair, and Save-A-Lot. Local businesses along Main Street and Carol Malone Boulevard include restaurants, fuel stops, specialty shops, and other services. These provide a range of everyday options within the community.

Parks, Lakes, and Recreation

Outdoor destinations in the region include Grayson Lake and Carter Caves State Resort Park near Olive Hill. Carter Caves features guided cave tours, wooded hiking trails, natural bridges, camping, and seasonal recreation. Smoky Valley Lake at the park offers fishing, and the park also provides opportunities for paddling and other outdoor activities.

Transportation and Regional Access

The property fronts North State Highway 7. Grayson is also connected to the region by Interstate 64 and U.S. Route 60, providing road access toward communities including Ashland and Morehead. Public transportation options and property-specific travel times should be checked based on a buyer’s needs.

Housing Market

The Federal Housing Finance Agency’s annual all-transactions house price index for Carter County provides a view of longer-term county-level home price movement. The index is not a dollar estimate for an individual property; it tracks changes in the county index over time.

These figures are annual county-level index readings, with 2000 set to 100. They are historical market data, not a valuation or forecast for this home.

Utilities and Connectivity

Electric service in Carter County includes Grayson Rural Electric Cooperative and Kentucky Power, depending on the service territory. Water, sewer, and internet providers vary by location. Broadband options reported in the wider Grayson area include fiber, cable, and fixed wireless services, but availability and connection speeds should be confirmed for the property’s exact address. Buyers should also verify the home’s water, wastewater, trash, and utility arrangements during due diligence.

Public Safety and Crime Information

Kentucky State Police publishes annual crime reports with information submitted by participating law enforcement agencies. Countywide and statewide statistics do not describe conditions at an individual property or road. Buyers who want address-specific information should consult the appropriate local law enforcement agency and review the most recent available reporting.

Property Summary