Melbourne KY Real Estate & Homes for Sale

**Tranquill 2 home hideaway situated on 2.61 secluded acres.** With the potential for a great short-term rental, this property is truly unique. *The main residence, offers 1500+/- sq ft of living space & includes three bedrooms, two full bathrooms, and a family room with a radiant heat electric fireplace insert w/adjustable flame. The home also boasts of a cozy covered back porch, above ground pool ,and a large deck with amazing views . *The garage is a mechanic's dream with three car bays and an additional half car bay for your lawnmower, featuring a 75000 BTU gas furnace, ample electrical outlets, compressor air ports throughout, an attic fan, and drop-down attic storage. **The original homestead, boasts of 1837+/- sq ft of living space. It features a covered porch with scenic views, full basement with walkout, 3 spacious bedrooms, and one large updated bathroom. The first floor has all new flooring and granite countertops, giving the home a fresh and modern feel. Additional amenities include propane heating, a wood-burning fireplace, a whole house wood-burning stove, a high-efficiency water heater, and a hot tub. For added convenience, there is a two-car detached garage.

This expansive 5-bedroom, 2.5-bathroom home, set on nearly an acre of triple-lot land, is a remarkable opportunity for an investor with a creative vision. The property boasts numerous recent upgrades, including all brand-new windows installed in 2023, a state-of-the-art HVAC system from 2023, and a new roof added in 2022, enhancing its value and appeal. Additionally, the perimeter is secured with new fences from 2017, providing both privacy and security. The interior of the home features a vast attic space ripe for transformation into a substantial additional living area. While the property requires a fair amount of TLC, these recent upgrades indicate that the foundation for a magnificent home is already in place. The kitchen has been rejuvenated with refinished cabinets in 2023, complemented by new vinyl flooring and tile work in the bathrooms. Moreover, the house is equipped with new appliances including a dishwasher, refrigerator, and washer, all from 2023. Despite the need for flood insurance, this is a minor consideration in light of the property's potential and the protection it offers.