149 Buggs Lane,London, KY 40744
London, KY 40744
Description
Turnkey income producing cabin with expansion potential, adjoining Daniel Boone National Forest and just 4 miles to Holly Bay Marina and 5 miles to Holly Bay Beach. This fully operational short term rental offers an exceptional opportunity for investors seeking immediate cash flow with room to grow. Designed with convenience and versatility in mind, the cabin features a massive driveway with a secure gate, ideal for large trucks, trailers, and multiple boats. Guests can comfortably park several boats on the property and easily maneuver within the spacious turnaround area, making it especially attractive to lake visitors and outdoor enthusiasts. Guests are drawn to the outdoor experience this property offers. A large covered back porch to listen to the creek after a good rain, front porch with privacy curtains creates the perfect relaxing retreat. Just off the porch is a dedicated grilling area, and under a beautiful gazebo with a skylight sits the hot tub that guests absolutely adore. These inviting outdoor features create a memorable stay and help drive repeat bookings. Beyond the existing cabin, the true value lies in the expansion opportunity. The property includes septic already in place, an electrical box installed and ready for hookup, shared water access with meter ready for connection to a new structure, and an RV pad with water and electric already available. A new owner could add a tiny home or additional rental unit to significantly increase income potential and maximize the land's use. With its proximity to the National Forest, beach access, strong rental history, future booking pipeline, and infrastructure already prepared for expansion, this property offers both immediate returns and long term growth potential. Whether you are looking to expand your short term rental portfolio or build a small rental compound in a high demand area, this investment delivers flexibility, scalability, and proven performance from day one. Agent/Owner
Details
| MLS # | 26003005 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 192 |
| Listing Provided By | CENTURY 21 Advantage Realty | Michella Tuttle |
Features
| SQ Feet | 1,100 |
|---|---|
| Acreage | 1.00 |
Interior
| Cooling | Central Air, Electric, Heat Pump |
|---|---|
| Heating | Heat Pump, Propane, Propane Tank Leased |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Utilities
| Utilities | Electricity Connected, Propane Connected, Sewer Connected, Water Connected |
|---|
Area Information
| State | KY |
|---|---|
| County | Laurel |
| City | London |
| Zip Code | 40744 |
| Area | 044 Laurel County |
| Subarea | Laurel County |
| Community Name | Rural |
| Listing VS Median (in Rural) | |
Price: $315,000 low | high Med: $294,500 sqft: 1,100 low | high Med: 1,382 $ / sqft: $286 low | high Med: $213 On site: 192 low | high Med: 155 | |
Market Activity 40744
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Learn More About This Property
| State | KY |
|---|---|
| County | Laurel |
| City | London |
| Zip Code | 40744 |
| Area | 044 Laurel County |
| Subarea | Laurel County |
| Community Name | Rural |
| Listing VS Median (in Rural) | |
Price: $315,000 low | high Med: $294,500 sqft: 1,100 low | high Med: 1,382 $ / sqft: $286 low | high Med: $213 On site: 192 low | high Med: 155 | |
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