1035 Peggy Flats Road, Berea, KY 40403
$699,900
Property Type:
Land
Lot Size (sq. ft.):
1,132,560
Status:
Active
Current Price:
$699,900
List Date:
7/15/2026
Last Modified:
7/15/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 26017898
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Unimproved Land
Status Change Information
- Status Change Timestamp
- 2026-07-15
Address
- County
- Madison
- Street Number
- 1035
- Street Name
- Peggy Flats
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40403
- Directions
- Exit 77 in Berea. Turn onto Peggy Flats Rd. Subdivision will be on the left.
- Parcel Number
- 006000000033A
Contract
- Original List Price
- 699900
- Start Showing Date
- 2026-07-15
- Listing Contract Date
- 2026-07-12
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/Acre
- 26919.23
- List Price/SqFt
- 0.62
Tax Legal
- MLS Area Major
- 008 - Madison County
- Subdivision Name
- Fincastle
Lot
- Lot Size Acres
- 26
- Lot Size Square Feet
- 1132560
- Conservation Easement YN
- No
- View YN
- No
- Elevation
- 922.1
- Elevation Units
- Feet
More Information
Remarks
- Public Remarks
- 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.
Property Details
- Floodplain YN
- No
- Deed Restrictions YN
- Yes
- Improvements YN
- No
Showing Information
- Showing Instructions
- Schedule via showing time
Tax & Legal
- Additional Parcels YN
- No
- Zoning
- B-1
Utilities
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Lot Features
- Cleared
- Yes
- Gentle Sloping
- Yes
- Level
- Yes
- Wooded
- Yes
Current Use
- Unimproved
- Yes
Possible Use
- Residential
- Yes
Showing Requirements
- Showing Service
- Yes
Property Features
Utilities:
Electricity Available; Natural Gas Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available
Current Use:
Unimproved
Lot Features:
Cleared; Gentle Sloping; Level; Wooded
Possible Use:
Residential
Showing Requirements:
Showing Service
Listing Office:
RE/MAX Elite Realty
Last Updated: July - 15 - 2026
Information deemed reliable but not guaranteed.
