9992 South Ky #11, Manchester, KY: Complete Real Estate & Investment Analysis ($189,500)

Priced at $189,500—which breaks down to an advantageous $1,895.00 per acre—this 100-acre unrestricted tract located at 9992 South Ky #11 in Manchester, Kentucky (ZIP 40962, Clay County) represents a versatile mountain and valley land asset in the Appalachian foothills. Listed on April 22, 2026, the property features a balance of flat, buildable bottomland along state highway frontage and private mountain slopes. Equipped with key infrastructure head starts—including an existing wooden barn, installed public water meters, set utility poles, and roadside natural gas and fiber internet—this parcel is primed for immediate residential, agricultural, or recreational development.

Featuring a year-round valley stream, two seasonal waterfalls, mature hardwood timber, and partial conveyed mineral rights, 9992 South Ky #11 offers strong fundamental value. Whether developed as an off-grid homestead, a private hunting preserve, an eco-tourism cabin retreat, or a long-term land-banking asset, the property delivers an optimal combination of accessibility, utility readiness, and natural beauty.

Property Specifications & Utility Overview

Evaluating public registry records, Clay County Property Valuation Administrator (PVA) maps (Parcel ID: 0570000025.00), and official listing disclosures establishes the baseline parameters.

Property ParameterListing Disclosures & County Public Data Baseline
Street Address9992 South Ky #11, Manchester, KY 40962
County / RegionClay County / Eastern Kentucky Coalfield (Cumberland Plateau)
Parcel Identification Number0570000025.00
Current List Price$189,500 (Listed April 22, 2026)
Total Deeded Footprint100.00 Acres m/l (4,356,000 Square Feet; PVA Estimate)
Price Per Acre$1,895.00 per acre
Price Per Square Foot$0.0435 per sq. ft.
Zoning ClassificationUnrestricted / No Zoning (Clay County Jurisdiction)
Existing OutbuildingsRustic Wooden Barn & Equipment Storage Frame
Topography ProfileLevel Highway Bottomland, Rolling Valleys, Steep Mountain Slopes
Hydrology & Water FeaturesYear-Round Valley Stream, 2 Seasonal Rock Waterfalls
Road Frontage & AccessPaved State Highway Frontage (South KY Highway 11)
On-Site Utility HardwareInstalled Public Water Meters, Set Utility Pole Drops
Roadside Utility ConnectionsNatural Gas Line, High-Speed Cable/Fiber, Phone Lines
Wastewater SanitationUnimproved (Requires Private Septic System)
Mineral Rights StatusPartial Mineral Rights Convey (Buyer to verify deeded share)
Contiguous Land OptionsBordering 32 AC (MLS# 26008614) & 33 AC (MLS# 26008686)
Annual Property TaxesProjected ~$400.00 – $650.00 per year (~$33.00 – $54.00 per month)
HOA / Association DuesNone ($0.00 / month)

Unbundled Valuation Breakdown

Analyzing the purchase price across individual land types and physical improvements provides a clear perspective on the property’s financial structure.

Asset ComponentEstimated Value AllocationValuation Detail & Calculation Basis
Base Mountain Timberland (85 Acres)$110,500Assigned at $1,300/acre baseline for steep rural mountain slopes
Prime Highway Bottomland (15 Acres)$45,000Valued at $3,000/acre for flat, buildable state highway frontage
Utility Infrastructure (Water & Power)$14,000Implied value of set water meters and installed power drops
Existing Wooden Barn & Cleared Pad$12,000Replacement value of the timber-frame barn and cleared site work
Conveyed Mineral Rights Share$8,000Capitalized value of partial mineral rights conveying with the deed
TOTAL ESTIMATED ASSET VALUE$189,500Matches asking purchase price ($1,895.00 / acre)

Low Tax Carrying Overhead

Holding 100 acres in Clay County requires minimal ongoing maintenance costs:

  • Estimated Annual Property Taxes: ~$400.00 to $650.00 per year
  • Monthly Tax Overhead: ~$33.33 to $54.17 per month
  • HOA / Landowner Dues: $0.00 / month
  • Total Holding Cost Basis: Under $55.00 per month, making long-term land-banking or phased development highly cost-effective.

Topography & Zonal Analysis

Topographic surveys and site disclosures outline four distinct physical zones across the 100-acre footprint.

Topographic ZoneElevation & FeaturesKey Characteristics & Land Utility
Highway Frontage CorridorPaved Highway LevelDirect frontage along South KY Hwy 11; primary utility access point
Valley Bottomland & BasinFlat-to-Rolling BenchesPrime building pads; houses the wooden barn and main stream
Timbered Mountain SlopesModerate-to-Steep SlopesDense oak/hickory timber; 2 seasonal waterfalls; UTV trails
Upper Mountain RidgesHigh Elevation VistasScenic overlooks; wildlife bedding areas; off-grid campsites

Projected Development & Capital Expenditure Budget

Developing 9992 South Ky #11 into a fully serviced homestead or multi-cabin retreat requires planned infrastructure investments:

Site Development ComponentLow-End Estimate (DIY / Local)High-End Estimate (Contractor)Technical Scope & System Details
Boundary Survey & Corner Marking$2,500$4,500Essential to establish exact legal lines over PVA estimates
Driveway Expansion & Culverts$3,500$8,500Extend gravel drive off KY-11 into valley building pad
Public Water Line Extension$1,500$3,500Run poly line from installed water meters to cabin site
Electrical Service Drop & Panel$2,200$5,000Install meter base on existing utility pole & set panel
Private Septic System (OWTS)$7,500$13,500Soil perc test, tank installation, & leach field design
Natural Gas Line Tap$1,500$3,800Connect to roadside natural gas main for domestic heating
Barn Structural Cleanup/Repair$2,000$6,000Reinforce posts, replace boards, & clean storage bays
Internal Trail Grading (UTV)$2,500$5,500Re-grade mountain trails to upper ridge overlooks
TOTAL PROJECTED CAPEX$23,200$50,300Estimated total cost for complete site utility integration

Regional Comparative Market Analysis (CMA)

Comparing 9992 South Ky #11 against active and sold acreage listings in Clay and surrounding counties highlights its competitive price basis:

Property Location & DetailsAcreageList PricePrice / AcreKey Features & Infrastructure
9992 South Ky #11, Manchester (Subject)100.00 AC$189,500$1,895.00Barn; Water meters & power pole; Hwy 11 frontage; Stream
South Ky Hwy 11 (Tract A), Manchester, KY32.00 AC$51,200$1,600.00Adjoining parcel; Raw timberland; Hwy frontage
South Ky Hwy 11 (Tract B), Manchester, KY33.00 AC$59,235$1,795.00Adjoining parcel; Mountain terrain; Road access
S Highway 11 Tract, Manchester, KY213.00 AC$160,000$751.17Very steep mountain terrain; Landlocked sections; No utilities
Crawford Isom Rd, Manchester, KY113.00 AC$240,000$2,123.89Paved frontage; Mixed pasture and woodland; No barn
Midnight Stable Rd, Manchester, KY74.05 AC$100,000$1,350.44Remote off-grid parcel; Steep topography; Rough gravel access

Strategic Advantages vs. Critical Risk Factors

Key Advantages (Pros)

  • Attractive Sub-$2,000/Acre Basis: Listed at $1,895/acre, offering an affordable entry price for 100 contiguous acres.
  • Utilities Already Installed: Features set water meters and utility poles on site, with gas and fiber available along the road.
  • Paved Highway Frontage: Direct access off South KY Highway 11 ensures easy year-round entry.
  • Multi-Elevation Layout: Combines flat, buildable valley bottomland with private mountain ridges.
  • Natural Water Features: Includes a year-round valley stream and two seasonal waterfalls.
  • Existing Storage Barn: Wooden barn structure provides immediate equipment storage.
  • Unrestricted Zoning: No municipal zoning regulations, allowing complete freedom for land use.
  • Assemblage Potential: Option to acquire neighboring 32 AC and 33 AC tracts to build a 165-acre compound.

Critical Risk Factors (Cons)

  • Survey Verification Needed: Listing relies on PVA tax map estimates; a licensed boundary survey is necessary to pin exact corners.
  • Steep Mountain Topography: High-elevation sections are steep, restricting primary home building mainly to the lower bottomland and upper ridge benches.
  • Septic System Required: Wastewater requires an engineered septic tank and soil percolation approval.
  • Partial Mineral Rights: Mineral rights convey only on portions of the parcel, requiring deed verification during title search.

Essential Buyer Due Diligence Roadmap

  1. Order Boundary Survey: Retain a licensed Kentucky surveyor to establish exact property lines, flag corner pins, and calculate total acreage.
  2. Conduct Mineral Rights Audit: Work with a local real estate attorney to verify the precise deeded percentage of conveying mineral rights.
  3. Perform Soil Percolation Test: Schedule a certified soil test in the lower bottomland area to confirm septic drain field suitability.
  4. Verify Utility Meter Status: Confirm active service status with the local public water district and electric cooperative for on-site hookups.
  5. Evaluate Adjoining Parcels: If interested in expanding the estate, review combined purchase terms for MLS# 26008614 (32 AC) and MLS# 26008686 (33 AC).

Listed on Zillow

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