- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes





Street View
$699,900
Monthly Est:$3,484
-- Bed
- -- Bath
26acres lot
1035 Peggy Flats Rd, Berea, KY 40403
$699,900
$3,484/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
26 acres lot
$26,919/acre
Description
Drone photography will be added Tuesday (weather permitting) Exceptional Residential Development Opportunity - Fincastle Subdivision Phase II | Berea, Kentucky Build the next chapter of one of Berea's established neighborhoods. This 26± acre development opportunity offers the rare chance to create Phase II of Fincastle Subdivision, expanding a well-established community while contributing to the continued growth and beauty of Berea, Kentucky. With the groundwork of an existing neighborhood already in place, this property provides the perfect blank canvas for a developer or builder with vision. Design a thoughtfully planned community that complements the surrounding homes while meeting the demand for quality housing in one of Central Kentucky's most desirable small cities. Not looking to develop? Keep it for yourself and family to have plenty of building site options. Located within the Berea city limits, the property offers the convenience of city sewer, water, and electric utilities, along with excellent accessibility, helping streamline the development process. Future homeowners will appreciate being just minutes from many of Berea's most loved destinations, including: Berea College Berea Community Schools The Berea College Forest and the renowned Pinnacles hiking trails Berea's scenic walking and biking trails Historic Artisan Village and College Square Kentucky Artisan Center Boone Tavern Hotel & Restaurant I-75 for convenient travel to Richmond, Lexington, and beyond Known as the Folk Arts & Crafts Capital of Kentucky, Berea offers a unique combination of small-town charm, outdoor recreation, a vibrant arts community, and an outstanding quality of life. Residents enjoy miles of hiking and biking opportunities, beautiful mountain views, local shops and restaurants, and year-round community events. Whether your vision includes a boutique neighborhood, custom homes, or a signature residential community, Fincastle Subdivision Phase II presents an exceptional opportunity to leave a lasting mark on one of Kentucky's fastest-growing and most desirable communities.
- Houzeo last checked: 2 minutes ago
- Listing updated: October 27, 2026 at 7:04 pm
- Listing Provided by: Tina Neal (859) 302-0259 | Turn Key Realty Group (859) 582-6893
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26017898

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
26 acres lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
26017898
MLS Status
Active
Days on Market
109
Cumulative Days on Market
104

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Other Features
Lot Features
Wooded, Cleared, Gentle Sloping, Level
Subdivision Name
Fincastle
Price History
| Date | Event | Price |
|---|---|---|
07/15/2026 Source: | Listed for Sale | $699,900 $0/sqft |
Nearby Homes
Find Homes by Property Features in Berea, KY
Nearby New Homes For Sale
Based on information from the IMAGINE MLS® through Nov 01, 2026, 08:00PM. Copyrighted by the Imagine MLS®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data on this website is deemed reliable but is not guaranteed accurate by the MLS. © 2026 IMAGINE MLS®. All Rights Reserved.
Advertising Broker: Donna Mink | Mink Realty









