Historic Farmhouse on 10 Acres with Endless Homestead Potential in KY

Now offered at a newly reduced price of $395,000, this charming historic farmhouse on 10 beautiful acres presents an incredible opportunity for buyers looking to create the perfect homestead lifestyle. Located at 4025 Highway 127 S, Owenton, KY 40359, this spacious property combines peaceful country living, modern updates, and plenty of room to grow, farm, and enjoy the rural lifestyle so many buyers are searching for today.

Built in 1896, this 3-bedroom, 2-bath farmhouse is filled with character and timeless charm while also featuring numerous important upgrades throughout the home. Offering approximately 2,496 square feet of living space, the property blends historic appeal with practical improvements that make everyday living more comfortable and convenient.

The 10-acre property provides endless possibilities for hobby farming, gardening, recreation, livestock, or future expansion. With road frontage on two roads, the acreage offers excellent accessibility and flexibility for future use. Whether you dream of raising horses, baby goats, chickens, growing crops, building barns, adding workshops, or simply enjoying wide open space for children and pets, this versatile 10-acre property delivers the freedom to create your ideal country lifestyle.

Inside the home, buyers will appreciate the extensive updates already completed. Both bathrooms have been fully renovated with new plumbing, flooring, fixtures, and modern finishes. Additional improvements include all new drain lines under the home, a new tankless water heater, updated electrical outlets and switches, fresh paint throughout the interior, and new kitchen lighting that brightens the living spaces beautifully.

The front three rooms feature beautiful new hardwood flooring that enhances the farmhouse character, while the stairs and landing include new carpet for added comfort. The spacious floor plan provides flexibility for families, guests, home offices, or additional living areas while maintaining the warmth and historic personality that make older farmhouses so desirable.

One of the standout features of this property is the huge insulated attic space that offers tremendous expansion potential. This unfinished area could easily be transformed into additional bedrooms, a recreation room, office space, studio, or guest suite depending on the buyer’s needs and vision. Properties with this kind of extra usable space offer excellent long-term value and flexibility.

Outside, the home continues to impress with multiple outdoor living areas designed to enjoy the peaceful countryside surroundings. The large front porch creates the perfect setting for relaxing evenings, while the expansive back deck provides stunning country views across the 10-acre property. Whether entertaining guests, enjoying quiet mornings, or watching sunsets over the rolling landscape, the outdoor spaces capture the true beauty of rural Kentucky living.

The acreage itself offers an ideal setup for a growing homestead. There is ample room for gardens, livestock, fenced pasture areas, workshops, barns, storage buildings, and recreational use. The property’s combination of open space and convenient access makes it especially attractive for buyers seeking a self-sufficient lifestyle or hobby farm opportunity.

Another major advantage is the location. The property sits less than a mile from Elmer Davis Lake, offering easy access to fishing, boating, and outdoor recreation. Additionally, the home is ideally positioned within driving distance of Cincinnati, Louisville, and Lexington, while Frankfort and Georgetown are only a short drive away. This central location allows homeowners to enjoy quiet country living on 10 acres without sacrificing access to nearby cities, shopping, employment, and entertainment.

With 3 bedrooms, 2 bathrooms, 2,496 square feet of living space, 10 acres of usable land, historic farmhouse charm, extensive renovations, and a price of $395,000, this Kentucky property offers a rare opportunity for buyers seeking affordable acreage and true homestead potential.

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Listed in ZILLOW