Property Description

Welcome to Mountain View Farms located on Allen Hill Road which is off of Allen Road Booneville Kentucky in Owsley County. 13.7395 acres with a beautiful building site and nice views. This property would be an amazing place to build a rural homestead or would make a wonderful camping/hunting/recreation site. The title work has been done and the title is clear and we will be transferring the property to you via a General Warranty Deed which is the best form of ownership. The property is lightly restricted to no mobile home parks and no junk yards to maintain a country rural atmosphere and protect your property value, RV's or campers are permitted for recreation purposes. Owner Financing Available!!!!! We have created an easement for the possibility of having Water provided by Booneville Water and Power, facilitated by Jackson Energy to be brought to the property. The seller suggests that the buyer conduct an independent investigation into the availability and costs related to accessing Water and Power. Additionally, our convenient location provides easy access to other nearby cities such as London, Corbin, Beattyville, McKee, Manchester, and Jackson, all within an hour's drive. For those seeking more extensive amenities, Lexington, KY, and Knoxville, TN, are within a two-hour drive away. At Mountain View Farms, you're not just buying a piece of land; you're gaining access to a world of recreational opportunities. Explore the nearby wonders of Red River Gorge, offering hiking, rock climbing, camping, and scenic trails that will take your breath away. Take a day trip to Wood Creek Lake, where fishing, boating, kayaking, and picnicking await. Dive into the refreshing waters of Laurel River Lake for swimming, water skiing, fishing, and scenic boating. Lake Cumberland invites you to indulge in boating, fishing, water sports, and lakeside camping. And for the nature enthusiasts, Red Bird Wildlife Management Area and Beaver Creek Wildlife Management Area offer hunting, wildlife viewing, hiking, and birdwatching adventures. If you would like to view the property you can GPS Allen Road Tyner Kentucky and look for the entrance of Allen Hill Road where you will see the yellow and black real estate signs. Recent survey has been completed. Easy Terms Owner Financing with Easy approval. If you choose to use our owner financing the terms will be as follow: $39,500 purchase price, $500 closing cost (due at contract signing), $3,000.00 down payment (due at closing), 8.95% interest on 12 year term with 5/1 ARM = $414.35/month, $0 early termination penalty. You can get a lesser interest rate if you choose to do a higher down payment (inquire with sales person). -this loan is a non-residential loan which means we will be asking you to wait until we are paid off to use the property as your primary residence-this is like this because of the way all owner financiers are regulated...this typically is not a problem because if you do use the land as your primary residence and if you get a loan for the residence (cabin, house, mobile home) that lender will require you to combing the land loan with the home loan giving you a land-home package. This regulation does not exist for any property that is 25 acres or more. This regulation of course does not exist if you pay cash for the property or get your own loan from a bank and it also will not exist after we are paid off if you use our owner financing. To view additional information about this property you can go to https://dgschell.com/land-for-sale/mou

Property Features