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305 Simpkins Ln, Mayfield, KY, 42066

4beds
3baths
2,408sqft
$650,000
$270price/sqft
$4,571/moest. monthly cost
$182,840/yrincome needed

About This Home

Welcome To This Beautifully Restored, Circa-1840 Antebellum Home That Sits On 17.94 Acres In Graves County & Is Conveniently Located Near The Airport. This 4 Bed, 3 Bath Property With Historic Charm Features Modern Updates, Creating A One Of A Kind Property Complete With An Attached Two-car Garage & A Spacious 30’x40’ Shop. Inside, You’ll Find A Mix Of Refinished Original Hardwoods & New Flooring, Complemented By Custom Wood Walls & Tin Ceiling Accents. The Spacious Living Room Is Perfect For Gathering, While The Kitchen Offers Ample Cabinet & Counter Space, A Cozy Fireplace, & Unique Touches From The Past. The Primary Suite Features A Large En-suite Bath, Walk-in Closet, & A Balcony. You'll Enjoy Peaceful Views From The Back Patio Or Front Porch With Frequent Visits From Wildlife That Roam The Acreage. Major Updates Include 4 Mini-splits, Upstairs Hvac, 24-kw Whole Home Generator, Updated Wiring, Plumbing, Appliances, & More, Offering Peace Of Mind. Don't Miss This Great Opportunity!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

7/10
8/10
Graves County High SchoolGrades 9-124.6 mi

Construction

Materials

  • Roof: Metal
  • Construction materials: Frame,Vinyl Siding,Other/See Remarks

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Stove,Electric Water Heater
  • Laundry features: Utility Room,Washer/Dryer Hookup

Basement

  • Basement: Crawl Space,None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Closet Light(s),Walk-In Closet(s),Workshop
  • Window features: Thermal Pane Windows,Tilt Windows,Vinyl Frame
  • Flooring: Wood
  • Fireplace features: Kitchen
  • Fireplace: Yes
  • Attic: Crawl Space
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Electric,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,408
  • Total interior livable area: 2,408 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 120000010100

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Porch,Deck,Patio
  • Exterior features: Lighting

Lot

  • Lot size: 17.94 Acres
  • Features: Trees,County,Level,Rolling Slope

Parking

  • Total spaces: 2
  • Parking features: Attached,Detached,Garage Door Opener,Circular Driveway,Gravel
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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 WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Ice Storm
Lightning
Strong Wind
Winter Weather
Drought
Hail
Heat Wave
Tornado

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 $3,286$39,432
Home Insurance *$621$7,452
Property Taxes $474$5,688
Electricity $190$2,281
Total$4,571$54,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$156,720/yr
40% on housing$137,130/yr
45% on housing$121,893/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: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$270This listing

vs Other Active Listings

Avg $/sqft

ZIP 42066$118
Graves County$123

vs Homes Sold Last Month

Median $/sqft

ZIP 42066$121
Graves County$119

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
2026-01-18Listed for sale$699,900
2025-12-19Listing removed$740,000
2025-10-01Price change$740,000
2025-04-09Price change$785,000
2025-01-17Price change$850,000
2024-10-03Price change$899,900
2024-08-16Price change$950,000
2024-02-07Listed for sale$1,000,000

For Sale by Agent

AgentAustin Thomas
BrokerageBenchmark Realty

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