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2922 State Highway 1232, Gray, KY, 40734

3beds
2baths
1,482sqft
$289,000
$195price/sqft
$2,226/moest. monthly cost
$89,040/yrincome needed

About This Home

Welcome to country living at its finest! This one owner home has been well maintained and has a lot to offer. Starting with 3 bedrooms, 1 1/2 bath, dining area, living room, kitchen with plenty of light with the sliding patio doors, a beautiful great room with a craftsmanship rock wood burning fireplace, real hardwood mostly throughout and a real nice/clean conditioned basement. There is a two-car attached carport that could also be utilized as an entertainment area for cookouts or just sitting in the shade having your morning coffee. All this boast on 6.5 acres with 2 massive barns, both on block foundations. Both barns are very large, not just capable to hold farm equipment but one could really use their imagination and could bring to life a nice event venue. The entire driveway is blacktop right up to the house and barns. If you have been dreaming of owning a home out in the country with some land, no restrictions, just freedom, maybe having some livestock, while just mins from town, this home could possibly be for you. Schedule your showing today.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

2/10
--
Lynn Camp High SchoolGrades PK-123.3 mi
3/10
Knox Central High SchoolGrades 9-129.7 mi

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Block
  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Range

Basement

  • Has basement: Yes

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Great Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,482

Great Room

  • Level: First

Heating & Cooling

  • Heating features: Natural Gas,Wood
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,482
  • Total interior livable area: 1,482 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 0390000032.00

Features

  • Horses can be raised: Yes

Lot

  • Lot size: 6.50 Acres

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport 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

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Inland Flooding
Lightning
Strong Wind
Tornado
Wildfire

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $1,461$17,532
Home Insurance *$509$6,108
Property Taxes $102$1,224
Electricity $154$1,850
Total$2,226$26,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,320/yr
40% on housing$66,780/yr
45% on housing$59,360/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

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.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -5.9%
-5.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 40734$138
Knox County$109

vs Homes Sold Last Month

Median $/sqft

ZIP 40734$59
Knox County$121

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

DateEventPrice
2026-04-16Listed for sale$299,000

For Sale by Agent

AgentJulie Morgan
BrokerageReliance One Realty

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