If you’ve been searching for Kentucky homes with acreage under $150,000, this rural property in Gray, KY offers land, privacy, and renovation potential at an affordable price.
Located at 223 Bertha Hollow Rd, Gray, KY 40734, this 3-bedroom, 1-bathroom home on 11 acres in Knox County is listed for $115,000. Buyers looking for a fixer-upper in Kentucky with land will appreciate the combination of cleared space, wooded acreage, and investment opportunity.
Affordable properties with this much land are becoming increasingly rare in today’s market.
Property Details – Gray KY Home with Land
Price: $115,000
3 Bedrooms
1 Bathroom
Approx. 1,176 sq ft
Built in 1961
11 Acres
Private gated driveway
Cleared buildable area
Wooded acreage
This Gray KY property for sale offers both a home to renovate and acreage to expand, making it ideal for buyers seeking a rural homestead in Kentucky.
Interior – Kentucky Renovation Opportunity
The home features a simple single-level layout with three bedrooms and one bathroom. While the property needs repairs and updates, it presents a strong opportunity for buyers searching for:
Kentucky fixer-uppers with land
Investment property in Knox County
Affordable homes near Corbin KY
Rural homes under $120K
With some renovation and modernization, this home could become a comfortable country residence or rental property.
11 Acres – Land, Privacy, and Homestead Potential
The most attractive feature of this listing is the 11 acres of land in southeastern Kentucky.
Approximately one acre is cleared and leveled, making it ideal for:
Building a new home
Adding a workshop or garage
Starting a garden
Placing a mobile or manufactured home
The remaining acreage is mostly wooded, offering privacy, wildlife, and space for recreation such as hiking or hunting.
Buyers searching for Kentucky land for sale with a home included know how difficult it is to find double-digit acreage at this price point.
Location – Gray, Kentucky in Knox County
Gray is located in Knox County, Kentucky, in the southeastern part of the state. The area offers quiet country living while still being within driving distance of:
Corbin, KY
Barbourville, KY
Interstate 75 access
Local schools and shopping
This location is attractive for buyers seeking rural property near Corbin KY without sacrificing convenience.
The surrounding Appalachian landscape provides scenic views, wooded hills, and a peaceful environment perfect for homesteading or country living.
Why This Kentucky Property Stands Out
Buyers today are actively searching for:
Kentucky homes with acreage
Cheap land in Kentucky with house included
Rural fixer-upper properties
Homestead opportunities under $150K
Investment properties with land
This property checks many of those boxes. With 11 acres, a buildable cleared section, and renovation potential, it offers flexibility for both homeowners and investors.
If you’re looking for an affordable Kentucky country home with land, this Gray property deserves consideration.
If you need more information, contact the listing agent through the Zillow link below the photos.
Listed on Zillow

















