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Price Reduction - Waterfront
Address
3700 River Drive, Richmond, KY
Price
$ 1,250,000
Property Attributes
  • MLS#26019691
  • TypeCommercial
  • Listing Status Active
  • CountyMADISON
  • CityRichmond
  • Area008 - Madison County
  • NeighborhoodRural
  • Zip40475
  • StyleMixed Use
  • Year Built1990
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3333
  • Lot Size58 Acres
Data Source:
ImagineMLS
Property Description

Rare opportunity to own one of Central Kentucky's most extraordinary riverfront estates. Situated on 58± acres with over 1,700 feet of Kentucky River frontage, this exceptional property seamlessly combines luxury living, agricultural versatility, and commercial opportunity—all just minutes from I-75. The custom-built 3,300± sq. ft. residence was thoughtfully designed for efficiency and longevity with 2x6 exterior wall construction, geothermal heating and cooling, Andersen windows, a cozy propane fireplace, an oversized 3-car attached garage, and a full unfinished walkout basement complete with its own private driveway, offering endless possibilities for future expansion or multi-generational living. For entrepreneurs, contractors, collectors, or serious hobbyists, the impressive 123' x 50' heated commercial shop is a standout feature. It includes office space, a half bath, 220-volt electrical service with a phase converter, separate utilities, and is grandfathered with Madison County Planning & Zoning for commercial use. The building has successfully operated as a large machine repair business, making it a rare opportunity to continue commercial operations while enjoying the privacy of a country estate. Additional improvements include a beautifully constructed 60' x 35' cedar barn complete with loft, water, and electric service. The property is fully equipped for livestock with nearly one mile of metal pipe fencing and currently supports approximately 18-20 head of cattle. Outdoor enthusiasts will appreciate the private concrete boat ramp, allowing direct access to the Kentucky River for boating, fishing, kayaking, and recreation. A gated electronic entrance provides security and privacy, while the location offers exceptional convenience for both business and travel. Approximate drive times include: Blue Grass Airport (Lexington): 40-45 minutes Cincinnati/Northern Kentucky International Airport: approximately 1 hour 45 minutes Louisville Muhammad Ali International Airport: approximately 1 hour 45-50 minutes McGhee Tyson Airport (Knoxville): approximately 2½ hours Whether you're searching for a private estate, working farm, equestrian property, commercial headquarters, or an investment with unmatched versatility, 3700 River Drive offers an opportunity rarely found in today's market.

Price History
7/24/2026 Listed $1,500,000
8/13/2026 9$1,375,000
9/10/2026 10$1,250,000

General Features

Sewer Septic Tank
Heating Propane
Utilities Cable Available,Electricity Connected,Phone Connected,Propane Connected,Water Connected,Underground Utilities
Possession Seller Rent Back
Roof Metal
Zoning AR
Construction Materials Aluminum Siding
Year Built 1990
Electric 200+ Amp Service
Property Subtype Mixed Use
Parcel Number 0038-0003-0032-A
Business Type Warehouse,Mixed,Manufacturing,Industrial,Commercial
County Madison
New Construction No
Property Type Commercial Sale
Attached Garage No
Subdivision Name Rural
Building Features Electric Drive-In Door(s),Concrete Floor
Status Active
Directions From Lexington take I-75 S,take Exit 97. Turn right onto US-25 S/US-421 S/ Lexington Road and continue for approximately 1.4 miles. Turn right onto Lower Hines Creek Rd and continue for approximately
City Richmond
Zoning Description Non conforming
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 2526480.0
Land Lease Y/N No
MLS Area Minor 008 - Madison County
Lease Considered Y/N No
Rent Control Y/N No
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
MobileHomeRemainsYN No
Senior Community None
Sewer_co_Septic_sp_Tank True
Utilities_co_Cable_sp_Available True
Utilities_co_Underground_sp_Utilities True
Water Body Access Y/N None
Accessibility Features Y/N None

Interior Features

Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
LivingAreaSource Listing Agent Measured

Exterior Features

Parking Features On Site
Lot Size Area 58.0
Number of Buildings 3
Building Area Total 6150.0
Lot Size Acres 58.0
Crops Included Y/N No
Irrigation Water Rights Y/N No
[email protected] None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 40475

Price
AVG $1.15M
$1.25M
Year Built
AVG 2002
1990
Visits
AVG 72
61
Data Provided by Inside Real Estate®

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