$1,450,000
 $7,784 est/mo Sourced by Back At You

4023 Goggins Lane,Richmond, KY 40475

Richmond, KY 40475

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Description

DEVELOPMENT OPPORTUNITY! Discover 40.06 acres along Goggins Lane adjoining the Richmond city limits, offering exciting possibilities for future residential development or long-term investment. Preliminary discussions with local planning officials have indicated potential for annexation into the City of Richmond, opening the door for buyers to explore future development opportunities. The property is currently zoned UC-7, with frontage on two roads and a mix of open, gently sloping ground and wooded areas. Public water serves the property, and the seller installed a fire hydrant at the front connected to the main water line. Existing improvements include a 4,132 sq ft brick ranch, a 30 x 40 metal barn with electric and concrete floor, a 2.29-acre pond, and gated entry, giving a buyer usable structures while planning next steps. With substantial acreage and a convenient location, this property presents an opportunity for builders, developers, and investors. Annexation, rezoning, subdivision, and development are subject to applicable governmental approvals. Buyers to verify all development possibilities, utility availability and capacity, sewer options, and requirements.

Details

MLS #25014866
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Year1980
Days On Site489
Listing Provided ByBerkshire Hathaway HomeServices Foster Realtors | Daphne Jewell

Features

Bed(s)3
Bath(s) 5 Total
SQ Feet4,131
Story(s)1
ZoningUC-7
Acreage40.06
Property ViewLake, Rural, Trees, Woods

Interior

Rooms Total2
CoolingElectric, Heat Pump
HeatingElectric, Heat Pump, Propane Tank Owned, Other
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesEntrance Foyer

Exterior

Lot FeaturesGentle Sloping
FencingWire, Other

Parking

Garage Yes / NoYes

Utilities

SewerSeptic Tank

Area Information

StateKY
CountyMadison
CityRichmond
Zip Code40475
Area008 Madison County
SubareaMadison County
Community NameRural
School DistrictMadison County
Elementary SchoolWhite Hall
High SchoolMadison Central
Listing VS Median (in Rural)
Price:
$1,450,000
low | high
Med:
$299,900
100% of Average
sqft:
4,131
low | high
Med:
3,000
77.378358750908% of Average
$ / sqft:
$351
low | high
Med:
$112
100% of Average
On site:
489
low | high
Med:
190.5
100% of Average
Sourced by Back At You

Market Activity 40475

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Learn More About This Property

StateKY
CountyMadison
CityRichmond
Zip Code40475
Area008 Madison County
SubareaMadison County
Community NameRural
School DistrictMadison County
Elementary SchoolWhite Hall
High SchoolMadison Central
Listing VS Median (in Rural)
Price:
$1,450,000
low | high
Med:
$299,900
100% of Average
sqft:
4,131
low | high
Med:
3,000
77.378358750908% of Average
$ / sqft:
$351
low | high
Med:
$112
100% of Average
On site:
489
low | high
Med:
190.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.087M - $1.812M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
4023 Goggins Lane Property Photo 1
$1,450,000
4023 Goggins Lane
Richmond, KY 40475
Listing Updated: November 11, 2026 at 3:02:15 PM PST