111 Horse Cove Rd, Berea, KY, 40403
About This Home
This unique income-producing property has multiple residences on 4.37 private acres. The main house is a stunning custom 3,044 square foot Craftsman home. There are also two established rental properties- perfect for generating immediate income or creating a multi-generating estate. Tucked away at the end of the road and surrounded by peaceful woods, the main residence showcases rich wood and stone throughout, with vaulted ceilings, a striking stone fireplace, and a custom kitchen with granite countertops. Large windows bring in natural light and frame serene, private views in every direction. It has been professionally landscaped, and the above-ground pool will be the perfect place to relax this summer. What truly sets this property apart is the built-in rental income potential. There is a charming log cottage that has operated as an Airbnb, offering a proven short-term rental opportunity. There is also a well-maintained single-wide mobile home that is currently rented, providing consistent long-term income. Whether you're looking for a private retreat, an investment property, or a combination of both, this income-generating property with multiple homes delivers flexibility, privacy, and real earning potential.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1998
Materials
- Foundation: Block
- Roof: Dimensional Style
- Construction materials: Stone,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator
Bathroom1
- Level: First
Bedroom2
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Den
- Level: First
Features
- Entrance Foyer,Walk-In Closet(s)
- Window features: Insulated Windows,Skylight(s),Window Treatments
- Flooring: Hardwood,Tile
- Number of fireplaces: 2
- Fireplace features: Gas Log,Great Room,Den
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 3,044
Great Room
- Level: First
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 3,044
- Total interior livable area: 3,044 sqft
Kitchen
- Level: First
Master Bedroom
- Level: First
Recreation Room
- Level: Second
Property
Details
- Parcel number: 009900035g
Features
- Levels: One and One Half
- Private pool: Yes
- Pool features: Above Ground
- Has view: Yes
- View description: Rural,Trees/Woods,Mountain(s)
- Horses can be raised: Yes
Lot
- Lot size: 4.37 Acres
Parking
- Total spaces: 4
- Parking features: Attached Carport,Detached Garage,Garage Door Opener,Garage Faces Front,Garage Faces Side
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- 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
- Inland Flooding
- Lightning
- Cold Wave
- Hail
- Strong Wind
- Tornado
- Winter Weather
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 | $5,132 | $61,584 |
| Home Insurance * | $497 | $5,964 |
| Property Taxes | $600 | $7,200 |
| Electricity | $240 | $2,884 |
| Total | $6,469 | $77,628 |
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 |
|---|---|---|
| 2026-03-13 | Listed for sale | $1,025,000 |
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