$47,000 – One story home with BASEMENT!!! on 6 Acres in Phelps, KY
Spacious One-Level Living with Basement & Room to Expand. Located in the quiet hills of Phelps, KY, this affordable 3-bedroom, 1.5-bath home sits on 6 acres, offering over 2,400 sq ft of total space including a full basement—perfect for storage, a workshop, or additional living area. Whether you’re a first-time buyer, investor, or someone looking to put their personal touch on a home with great bones, this is a rare opportunity at a budget-friendly price.
The one-story layout provides easy access to all living areas, while the basement opens up endless potential for expansion or customization. The property is nestled in a peaceful, rural setting with plenty of outdoor space for gardening, recreation, or simply enjoying the mountain views.
🛏 Home Features
• 3 bedrooms, 1.5 bathrooms
• Over 2,400 sq ft including full basement
• Single-story layout for ease of living
• Solid structure with room for updates and improvements
🌲 Property Highlights
• 6 acres of mostly wooded land
• Great for outdoor activities, gardening, or small homestead
• Quiet, rural location with plenty of privacy
• Basement provides additional storage or living space
📍 Location Overview
Located at 531 Smith Fork Rd, Phelps, KY 41553, this home offers country living just minutes from local conveniences. Ideal for buyers seeking privacy without being too far from town.
A Great Starter Home or Investment Property on Acreage
Whether you’re looking to settle into a peaceful lifestyle or searching for a value-packed property to renovate, this home has incredible potential at a low price. Don’t wait—schedule your showing today before it’s gone!
Note: Buyer to verify schools and lot size. Lot size is per PVA records. Deed available in attached documents.
📸 Photo Gallery
If you’re interested in learning more about this unique property, please contact the listing agent through the Zillow link.
