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540 Stringtown Rd, New Hope, KY, 40052

1beds
1baths
900sqft
$475,000
$528price/sqft
$3,158/moest. monthly cost
$126,320/yrincome needed

About This Home

Discover the perfect blend of privacy, recreation, and future potential on just under 10 picturesque acres. This beautiful property features a fully remodeled 1-bedroom, 1-bath cabin that offers modern comfort in a peaceful country setting. A like-new 30' x 50' shop provides ample space for equipment, hobbies, or storage, complete with a covered porch overlooking a huge pond and stunning scenic views. An additional garage building offers even more storage flexibility. The park-like grounds are beautifully maintained with rolling views, mature trees, and multiple potential home sites, making this an ideal property for a weekend retreat, homestead, or future dream home. Enjoy the tranquility of nature, abundant outdoor space, and endless possibilities in this truly unique opportunity! Cabin upgrades include: New roof and bathroom 2016, new stove and refrigerator 2018, new windows an porch posts in 2019, kitchen remodel 2023, Hvac replaced 2024, new blow in insulation 2024, and bedroom remodel 2025. Other upgrades: entryway fence 2009, concrete blocks for creek border 2014, stamped concrete porch on cabin 2017, 14x14 Pergola with 6'" western cedar in 2017, new creek bridge 2024, large detached building built 2020. 20x30 garage at bottom of the hill 2014, lean to 2017.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

5/10
The New Haven SchoolGrades K-85.3 mi
7/10
Thomas Nelson High SchoolGrades 9-1215.4 mi
4/10

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Log

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bedroom

  • Level: First

Bedrooms & Bathrooms

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

Dining Area

  • Level: First

Features

  • Finished area below ground: 0
  • Finished area above ground: 900

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 900
  • Total interior livable area: 900 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 5000000060

Features

  • Stories: 1
  • Patio & porch: Patio,Porch
  • Fencing: Partial,Farm
  • Waterfront features: Creek

Lot

  • Lot size: 9.95 Acres
  • Features: Cleared,Wooded

Parking

  • Total spaces: 6
  • Parking features: Detached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6
  • 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

  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Strong Wind
Tornado
Winter Weather
Cold Wave
Ice Storm

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 $2,401$28,812
Home Insurance *$228$2,736
Property Taxes $375$4,500
Electricity $154$1,850
Total$3,158$37,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,274/yr
40% on housing$94,740/yr
45% on housing$84,213/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: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$528This listing

vs Other Active Listings

Avg $/sqft

ZIP 40052
Nelson County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 40052$245
Nelson County$185

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
2026-06-17Listed for sale$475,000
2009-02-25Sold$55,000

For Sale by Agent

AgentBailey R Mashburn
BrokerageArea One Realty, LLC

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