The $62,250 per Unit cost is a Value Add all on it's own. [24 Units x $62,250 = $1,494,000]. A rare, plug-and-play development opportunity in one of Central Kentucky's fastest-growing residential markets. This parcel within the established Sugartree community in Versailles, Kentucky is fully entitled, permitted, and utility-served — allowing a qualified builder or investor to move directly to vertical construction with zero entitlement delay. This offering represents 6(six) individually titled 4-Plex Lots, each supporting 4 townhome/condo pads all within the planned development, each designed to accommodate luxury condo / townhome construction targeting the rapidly expanding market of maintenance- free buyers. Each one of the 24 Units has its own Street Address.
Typically this price range has no entitlements and terrain issues..NOT HERE!... fully entitled ready to go. The earlier phases are already designed, built and selling, providing a proven product, an established identity, and clear comparable pricing for the next builder or investor to step in and continue.
Property Highlights
Development Status
• Fully entitled
• Shovel ready — no entitlement risk, no waiting period
• Natural gas and electric utilities already in place to the site
• Stage 2 now open; Phase 1 completed and fully sold
• Infrastructure established — roads, drainage, and common areas in place
• Site Overview
• All within the 23+ acre fully tree-lined Planned Urban Development (PUD)
• Located off Huntertown Road, Versailles, KY 40383
• 6 lots available, each supporting 4 townhome/condo pads
• 24 total pads = 24 luxury units to build and sell