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Kentucky Fixer-Upper for Sale on 11 Acres. $115,000

Posted on February 16, 2026February 16, 2026 by Adorable Living Spaces

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

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