Melbourne KY Homes for Sale

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Type:
Single Family
Sq.Ft.:
1,500
Status:
Active
Beds:
3
Lot size:
2.61 Acres
Year built:
1989
Baths:
2.00
MLS#:
621554

ADDITIONAL INFORMATION

**Tranquill 2 home hideaway situated on 2.61 secluded acres.** With the potential for a great short-term rental, this property is truly unique. *The main residence, offers 1500+/- sq ft of living space & includes three bedrooms, two full bathrooms, and a family room with a radiant heat electric fireplace insert w/adjustable flame. The home also boasts of a cozy covered back porch, above ground pool ,and a large deck with amazing views . *The garage is a mechanic's dream with three car bays and an additional half car bay for your lawnmower, featuring a 75000 BTU gas furnace, ample electrical outlets, compressor air ports throughout, an attic fan, and drop-down attic storage. **The original homestead, boasts of 1837+/- sq ft of living space. It features a covered porch with scenic views, full basement with walkout, 3 spacious bedrooms, and one large updated bathroom. The first floor has all new flooring and granite countertops, giving the home a fresh and modern feel. Additional amenities include propane heating, a wood-burning fireplace, a whole house wood-burning stove, a high-efficiency water heater, and a hot tub. For added convenience, there is a two-car detached garage.

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.44 Acres
Baths:
3.00
MLS#:
620048

ADDITIONAL INFORMATION

This expansive 5-bedroom, 2.5-bathroom home, set on nearly an acre of triple-lot land, is a remarkable opportunity for an investor with a creative vision. The property boasts numerous recent upgrades, including all brand-new windows installed in 2023, a state-of-the-art HVAC system from 2023, and a new roof added in 2022, enhancing its value and appeal. Additionally, the perimeter is secured with new fences from 2017, providing both privacy and security. The interior of the home features a vast attic space ripe for transformation into a substantial additional living area. While the property requires a fair amount of TLC, these recent upgrades indicate that the foundation for a magnificent home is already in place. The kitchen has been rejuvenated with refinished cabinets in 2023, complemented by new vinyl flooring and tile work in the bathrooms. Moreover, the house is equipped with new appliances including a dishwasher, refrigerator, and washer, all from 2023. Despite the need for flood insurance, this is a minor consideration in light of the property's potential and the protection it offers.

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Andrea Conner, License 221773, Xome Inc., License 239054, AndreaD.Conner@xome.com, 844-400-XOME (9663), 1795 Alysheba Way Suite 1202 Lexington, KY 40509


The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2024 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.



Melbourne Real Estate

The median home value in Melbourne, KY is $132,000. This is lower than the county median home value of $155,200. The national median home value is $219,700. The average price of homes sold in Melbourne, KY is $132,000. Approximately 73.18% of Melbourne homes are owned, compared to 8.94% rented, while 17.88% are vacant. Melbourne real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melbourne real estate agent to arrange a tour today!

Melbourne, Kentucky 41059 has a population of 476. Melbourne 41059 is more family-centric than the surrounding county with 32.54% of the households containing married families with children. The county average for households married with children is 29.2%.

The median household income in Melbourne, Kentucky 41059 is $64,750. The median household income for the surrounding county is $57,208 compared to the national median of $57,652. The median age of people living in Melbourne 41059 is 52.3 years.

Melbourne Weather

The average high temperature in July is 86.6 degrees, with an average low temperature in January of 22.5 degrees. The average rainfall is approximately 43.6 inches per year, with 11 inches of snow per year.

Melbourne Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    10
    30-day change

Melbourne Schools and Demographics

Education near Melbourne, KY

Metric City County
High School Graduates 83.56 90.49
College Degree - 2 year 9.32 7.66
College Degree - 4 year 16.44 31.95
Graduate Degree 9.86 8.48
Expenditures per Student 14,695 11,879
Students per Teacher 9.7 14.8

Elementary Schools near Melbourne, KY

School Grades Students P/T Ratio ZIP
Campbell Ridge Elementary School PK - 05 654 15.8 41001
Crossroads Elementary School PK - 05 592 15.4 41076
Donald E. Cline Elementary School PK - 05 377 16.8 41076
Grant's Lick Elementary School PK - 05 297 15.3 41001
John W. Reiley Elementary School PK - 05 406 15.4 41001
Johnson Elementary School PK - 05 427 18.6 41075
Moyer Elementary School KG - 05 519 17.9 41075
Woodfill Elementary School KG - 05 405 17.1 41075

Middle Schools near Melbourne, KY

School Grades Students P/T Ratio ZIP
Campbell County Middle School 06 - 08 1,041 17.5 41001
Highlands Middle School 06 - 08 730 19 41075

High Schools near Melbourne, KY

School Grades Students P/T Ratio ZIP
Campbell County High School 09 - 12 1,570 19.3 41001
Highlands High School 09 - 12 972 17.2 41075

Ungraded Schools near Melbourne, KY

School Grades Students P/T Ratio ZIP
* Campbell County Day Treatment 07 - 12 25 10.2 41001
Campbell County Area Technology Center UG - UG 0 41001
North Campbell Tech UG - UG 0 41076
Northern KY Tech - Highland Hts UG - UG 0 41076
Silver Grove School PK - 12 179 9.9 41085

Demographics near Melbourne, KY 41059

Metric Zip Code City
Neighborhood Type Suburban
Population 476 91,804
Population Density 563 607
Median Age 52.3 38
People per Household 2.8 2.5
Median Household Income 64,750 57,208
Average Income per Capita 26,909 31,065