Estate Auction – 171+/- Acres of Recreation Land w/Gas Wells Barbourville, KY

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0 Turkey Creek Road
Barbourville, KY 40906

Property #: TAA2529

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Contact Agent

Clay Perry
Tranzon Asset Advisors

270-769-0284 cperry@tranzon.com

Estate Auction – 171+/- Acres of Recreation Land w/Gas Wells

  • Rare Opportunity – This multi-generational family property is hitting the market for the first time in over 50 Years, offering a truly unique chance to own a legacy tract in Southeastern Kentucky.
  • Outdoor Recreation Paradise – With predominantly wooded terrain and classic Eastern Kentucky rolling hills, this land is a dream for outdoor enthusiasts. Enjoy outstanding hunting, scenic hiking trails, horseback riding and ATV adventures on your property.
  • Potential Timber Reserves – Added value in hardwood timber reserves await the future owner. Evaluation of the species, available board feet and value will be provided from the auction firm.
  • Income-Producing Gas Wells – The property includes two active, well-maintained leased gas wells that are fully operational and have decades-long Proven Income Production —Immediate, Ongoing Revenue and free natural gas supply for the new owner.
  • Scenic Natural Border – Stinking Creek winds around approximately 2/3 of this gently rolling property, creating a stunning year-round water feature and a natural buffer that enhances privacy and beauty.
  • Dual Access Points – Convenient ingress and egress from both Water Plant Road and Hwy 25E across Stinking Creek, offering flexible access for the future ownership. Maintained roadway for gas lease maintenance from county roadway to interior of the farm.
  • Secluded Yet Accessible – Enjoy peaceful, private surroundings just 7 miles from Barbourville and 22 miles from Corbin & I-75—close to everyday necessities without sacrificing serenity.
  • Top Tourism Destinations – Less than an hour from Cumberland Gap NP, Laurel Lake and the Daniel Boone National Forest, 2 hours from Lexington, KY and Knoxville, TN, 2.5 hours to Cincinnatti—making it an easily accessible location for weekend getaways, hunting camp or a full-time retreat.
 

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Clay Perry

Clay Perry: Tranzon Asset Advisors

270-769-0284 cperry@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 20% deposit of the Total Sale Price in guaranteed funds.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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