If you are looking for a very clean home with plenty of space to sprawl out THIS IS IT!!Gorgeous open concept home located on 11.21 acres with not one but TWO waterfalls on the property!! You will find ample storage for a boat or room to tinker around in the detached 20 x 20 metal outbuilding. Come see this home and all it has to offer!!
Single-familyProperty Type
2010Year Built
11.21 acresLot Size
$298Est. Price/Sq.Ft.
1 car garageParking
Listed by Stefani Grimes• Keller Williams Bluegrass Realty
Listed by Matthew T Grimes• Keller Williams Bluegrass Realty
Bought with L Amber Snell• Berkshire Hathaway HomeServices Foster Realtors
Bought with Michael Land• Berkshire Hathaway HomeServices Foster Realtors
Wonderful Wooded Retreat or Home Site! Two adjacent parcels to be sold together (11.3 acres total). Front 1 acre is cleared and has 16 x 80, 3 BR/2 Bath mobile home. Home has vaulted ceilings, some new drywall/paint, wood deck. Mobile home is in good condition but is being sold AS IS. City water lines, electric & septic system already on site. Remaining acreage is wooded with deer & walking trails, outcropping boudlers, wet weather streams & waterfalls! Appx 325 ft of road frontage. Front section has wood plank fencing. Most of rear perimeter has wire fencing. Just minutes to Richmond or Berea. This property offers fresh air, peaceful vistas, abundant wildlife and a chance to come home in the evening to the Quiet Country. Don't miss this opportunity-won't last at this price!! Call today for Plat/survey map of this property and a diagram of the deer and walking trails! Come take the tour yourself. You'll feel like a kid at summer camp! It's really great!!
Year
Property tax
Land + Additions
Assessment*
2025
$990 (−1.6%)
2024
$1,006 (+30.7%)
2012
$770
$52,423 + $75,000
$127,423
Tax history for 520 Walter Lakes Rd
Year
Property tax
Land + Additions
Assessment*
2025
$990 (−1.6%)
2024
$1,006 (+30.7%)
2012
$770
$52,423 + $75,000
$127,423
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Room Information
Rooms (Total): 6
Basement: Crawl Space
Fireplace: No
Exterior
Exterior Features
Other Structures: Shed(s)
Foundation Details: Block
Roof: Shingle
Construction Materials: Vinyl Siding
Fencing: Partial
Lot Information
Lot Features: Wooded, Many Trees
Lot Size Square Feet: 488,308.05
Lot Size Acres: 11.21
Lot Size Source: Assessor
Water Source: Public
On Waterfront: No
Property Information
Levels: One
Building Information
Building Area Total: 1,047
Financial
Tax Information
Parcel Number: 0122-0000-0002-C
Utilities
Utility Information
Sewer: Septic Tank
Utilities: Electricity Connected
Location
School Information
Elementary School: Waco
Middle Or Junior School: Farristown
High School: Madison So
High School District: Madison County - 8
Location Information
County Or Parish: Madison
Directions: I-75 South towards Richmond & take Exit 90 A. Continue onto Dr Robert R Martin Bypass, left onto Irvine Rd. Right on Speedwell Rd, at the end of the road turn left onto Brassfield Rd. Right on Gumbottom Rd, Left on Walter Lakes and house is on right.
Subdivision Name: Rural
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,047
Stories: 1.0
Lot Size: 11.21 acres
Style: Ranch
Year Built: —
Year Renovated: —
County: Madison County
APN: 0122-0000-0002-C
Home facts updated by county records on Sep 2, 2026
Around this home
Schools
Kingston Elementary School
Public PreK-5 • Assigned • 4.9mi
7/10
Farristown Middle School
Public 6-8 • Assigned • 8.6mi
9/10
Madison Southern High School
Public 9-12 • Assigned • 8.8mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 18 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Waco, KY • 40385
Average low and high temperatures (°F)
39
22
49
30
66
42
72
51
74
56
84
65
88
70
85
63
82
57
71
47
58
41
48
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.4 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
8.4 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$299,000 – $362,000
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