650 Gillispie Rd, Carlisle, KY, 40311
About This Home
This ±48 acres of surveyed land is an incredible opportunity offered at land value in Bourbon County, one of Central Kentucky's most aggressively appreciating locales. The property features approximately 42 acres of pasture and early successional growth, plus a separate 5-acre bottomland parcel across the road. A live creek runs through both tracts. Frequent deer and turkey activity, a pond, and established cover make this a strong choice for the sportsman, hobby farmer, or land investor alike. Improvements include a large barn with electricity, a 190 sq ft cabin with professional underground electric service, and a two-car garage with rear workshop space--all with recently upgraded electrical systems. The existing home (appx. 2,000 sq ft) is not habitable in its current condition and is being conveyed as-is. The property does have functioning septic, water, and electric connections in place. Whether you restore the farmhouse, build new, or simply start fresh--the land is the prize.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1888
Materials
- Foundation: Concrete Perimeter
- Construction materials: Other
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Features
- Flooring: Other
- Finished area below ground: 0
- Finished area above ground: 0
Interior Area
- Total structure area: 0
Kitchen
- Level: First
Master Bedroom
- Level: First
Property
Details
- Parcel number: 0690000010.01
Features
- Has view: Yes
- View description: Rural,Trees/Woods,Farm
Lot
- Lot size: 47 Acres
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Cold Wave
- Hail
- Inland Flooding
- Lightning
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Kentucky Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,017 | $24,204 |
| Home Insurance * | $201 | $2,412 |
| Property Taxes | $309 | $3,708 |
| Electricity | $154 | $1,850 |
| Total | $2,681 | $32,172 |
Income You'd Need if You Spent...
Kentucky FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Listed for sale | $399,000 |
| 2021-10-15 | Sold | $209,500 |
| 2021-09-27 | Pending sale | $189,500 |
| 2021-09-02 | Listed for sale | $189,500 |
| 2021-08-16 | Listing removed | -- |
| 2021-08-14 | Listed for sale | $140,000 |
| 2021-03-24 | Listing removed | -- |
| 2019-03-04 | Listing removed | $100,000 |
| 2019-01-12 | Price change | $100,000 |
| 2018-11-29 | Listed for sale | $79,995 |
| 2018-08-14 | Listing removed | $89,000 |
| 2018-05-29 | Listed for sale | $89,000 |
| 2018-05-08 | Pending sale | $89,000 |
| 2018-03-01 | Price change | $89,000 |
| 2018-02-13 | Listed for sale | $114,000 |
| 2017-04-03 | Listing removed | $79,900 |
| 2017-01-03 | Listed for sale | $79,900 |
| 2016-08-02 | Sold | $45,000 |
For Sale by Agent
View on Zillow