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54 Woodlawn Ave, Williamsburg, KY, 40769

2beds
1baths
576sqft
$84,500
$147price/sqft
$674/moest. monthly cost
$26,960/yrincome needed

About This Home

Tucked away in a quiet setting just minutes from University of the Cumberlands, this charming 2 bedroom, 1 bathroom cottage offers a simple, low maintenance lifestyle with more potential than you might expect. With 576 square feet, the space has been thoughtfully arranged to make the most of every inch, creating a comfortable and functional layout that feels welcoming from the moment you walk in. Currently operating as a successful short term rental, this property presents an excellent opportunity for an investor looking to step into an income producing asset, or for a buyer searching for an affordable first home or weekend getaway. The home is move in ready and can be sold furnished, making it an easy transition for its next owner. Enjoy the peaceful surroundings while still being just 5 minutes from town, giving you the best of both convenience and privacy. Whether you are looking to live in it, rent it, or do both, this is a property that works.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

2/10
Williamsburg City SchoolGrades PK-121.1 mi

Construction

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range,Refrigerator,Oven
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished,Walk-Out Access

Bathroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen
  • Window features: Screens
  • Flooring: Laminate,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 576

Heating & Cooling

  • Heating features: Electric,Natural Gas,Space Heater
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 576
  • Total interior livable area: 576 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 1104000070.00

Features

  • Levels: One
  • Fencing: Partial

Lot

  • Lot size: 0.37 Acres
  • Features: Secluded

Parking

  • Parking features: Driveway
  • 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
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather
Hail
Heat Wave
Landslide
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 $427$5,124
Home Insurance *$71$852
Property Taxes $22$264
Electricity $154$1,850
Total$674$8,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,108/yr
40% on housing$20,220/yr
45% on housing$17,973/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: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$147This listing

vs Other Active Listings

Avg $/sqft

ZIP 40769$135
Whitley County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 40769$125
Whitley County$96

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)

No zestimate history available

Price History

DateEventPrice
2026-04-10Listed for sale$109,900
2022-09-01Sold$48,700
2022-08-04Pending sale$59,000
2022-07-15Listed for sale$59,000
2013-03-22Sold$20,000

For Sale by Agent

AgentRocio Gonzalez
BrokerageFreeman Brothers Realty LLC

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