8797 State Highway 1232, Corbin, KY, 40701
About This Home
Endless possibilities await with this unique property located in the heart of Corbin! Zoned for both commercial and residential use, this spacious home has previously operated as a daycare center and a private business, offering incredible flexibility for its next owner. Featuring 8 bedrooms, 3 full bathrooms, and 2 half bathrooms, the layout provides ample space for a variety of uses, including the potential to convert into a multi-family investment property. Situated on a generous 0.48-acre lot within city limits, this property offers both convenience and room to grow. A storage building conveys, adding even more functionality. With some cosmetic updates, this property could truly shine, whether you're looking to expand your business, invest, or create a one-of-a-kind residence. Don't miss this rare opportunity with unlimited potential!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1956
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Brick Veneer,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Refrigerator,Washer,Range
- Laundry features: Lower Level
Basement
- Basement: Crawl Space
Bathroom1
- Level: First
Bathroom2
- Level: Lower
Bathroom3
- Level: Second
Bathroom4
- Level: Lower
Bathroom5
- Level: Second
Bedroom2
- Level: First
Bedroom3
- Level: Lower
Bedroom4
- Level: Lower
Bedroom5
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Features
- Flooring: Laminate,Vinyl
- Finished area below ground: 0
- Finished area above ground: 2,960
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Electric
Interior Area
- Total structure area: 2,960
- Total interior livable area: 2,960 sqft
Kitchen
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Property
Accessibility
- Accessibility features: Accessible Entrance
Details
- Parcel number: 0041026010.00
Features
- Levels: Multi/Split
- Exterior features: Basketball Court
Lot
- Lot size: 0.48 Acres
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
- Winter Weather
- Inland Flooding
- Lightning
- Strong Wind
- Tornado
- Hail
- Heat Wave
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 | $1,613 | $19,356 |
| Home Insurance * | $214 | $2,568 |
| Property Taxes | $285 | $3,420 |
| Electricity | $233 | $2,805 |
| Total | $2,345 | $28,140 |
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 |
|---|---|---|
| 2026-05-04 | Price change | $319,000 |
| 2026-04-16 | Listed for sale | $349,000 |
| 2017-10-12 | Sold | $81,500 |
| 2008-02-18 | Sold | $120,000 |
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