Natural Bridge, KY, 41365 - For Sale By Owner

Additional features: Floors: 3, Garage size: 1.0, School district: Lee County, Seller flexibility: Willing to negotiate, Features: Fireplace, Carpeted Floors, Wood Floors, Spa/Jacuzzi, Central AC

THIS IS YOUR CHANCE TO OWN ONE OF THE PREMIER LOG HOMES IN THE STATE. MOUNTAIN MEMORIES HAS IT ALL. THIS BRAND NEW LOG HOME IS SITUATED AT THE END OF A MOUNTAIN RIDGE IN A PRIVATE GATED RESORT OVERLOOKING HISTORIC WALKERS CREEK. AMENITIES: THIS BEAUTIFUL LOG HOME HAS 3 BEDROOMS, 3 FULL BATHS, 2 FIREPLACES AND A FINISHED WALKOUT BASEMENT. THERE IS ALSO A LOWER GARAGE THAT WILL BE GREAT FOR USE AS A WORKSHOP OR AS STORAGE. WITHOUT A DOUBT THE HIGHLIGHT OF THIS HOME IS THE MASSIVE DECK THAT OFFERS BREATHTAKING VIEWS OF MILES OF UNSPOILED CLIFFLINE UP AND DOWN WALKERS CREEK. THIS HOME WAS LOCATED AND BUILT WITH THE IDEA OF LIVING IN A PLACE WHERE ONLY THING YOU CAN SEE IS NATURE. PRICE: $235,000xa0 ADDITIONAL BUILDING LOT OF 1.48 ACRES IS AVAILABLE NEXT TO THIS LOT THAT WOULD BE A TOTAL OF 4.14 ACRES.----------------------------------------------------------------------

xa0MOUNTAIN MEMORIES AS AN INVESTMENT:

PLEASE VISIT WWW.redrivergorgecabinrentals.com and click on Mountain Memories for more photos and to see how well it is doing on the rental program.

Cliffview is a private gated community of property owners. There are about 120 lots with 40-50 cabins/homes. The resort is about 1500 acres and is located on the top of a huge mountain ridge. There are over 20 lakes and ponds which offer great fishing and swimming. We are a growing community and many new cabins/chalets continue to be developed. The purchase of rental cabins in Red River Gorge has picked up in recent years as more people view second homes as profitable investment alternatives. Indeed, most of the cabins sold in Red River Gorge each year are bought with rental income in mind. In considering where to buy a rental cabin, one benefit of Red River Gorge is its prime location within 2-3 hours driving distance of Cincinnati, Louisville, Indianapolis, and 45 minutes east of Lexington. Because of gas prices more and more people are finding out about the Gorge. We have noticed a huge increase in guests coming from Michigan, Wisconsin and Illinois. Mountain Memories has already shown it is in high demand. It is doing very well on the rental program.xa0 If the buyer would like for us to keep it on our rental program that would be great.xa0 I can guarantee it will generate $1,200-1,400 a month to cover expenses. This projection does not even take into account the fact that the market value of a Red River Gorge cabin may appreciate over time. Many cabin owners have experienced appreciation of 7% to 10% a year! Many invest in second homes for the tax breaks and right offs alone. In addition to being a fantastic investment opportunity, there are many other advantages to purchasing Mountain Memories Chalet. A Chalet makes a wonderfully relaxing second-home and convenient summer getaway. There are so many things to do here. We are 10 minutes from the Natural Bridge State Park which has a sky lift to the top of Natural Bridge and excellent dining in the Lodge. There are hundreds of miles of hiking trails. Numerous scenic overlooks that offer spectacular views for miles. There is canoeing and many other family activities. The entire community is getting excited about Rocktoberfest this October. It is one of the premier rock climbing events in the country that will bring climbers and adventure enthusiasts from all over the world. -------------------------------------------------------------------------------- Please feel free to call with any questions or to set up an appointment. We are always available to show this beautiful log home day or evening. 513-284-2332.

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