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Investment Highlights

  • 168-Unit Shovel-Ready Apartment Development
  • R-6 Multifamily Zoning
  • Entitlements in Place
  • 10.0 Acres
  • Fully Approved
  • Strong Demand for New Multifamily Housing

Executive Summary

169 Hearthstone Lane presents a rare opportunity to acquire a 10-acre, shovel-ready multifamily development site in Elizabethtown, Kentucky. The property is zoned R-6 and is fully approved for the development of 168 apartment units, allowing a developer to move directly toward construction while significantly reducing entitlement risk and shortening the development timeline. The approved site plan provides an efficient layout designed to meet the growing demand for quality multifamily housing within the Hardin County market. Ideally positioned near major transportation corridors, retail amenities, Fort Knox, and regional employment centers, the property offers an exceptional opportunity to develop a new apartment community in one of Central Kentucky's strongest residential growth markets.

Property Facts

Price $3,495,064 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 10.00 AC
Zoning R-6 - High-density residential district for multifamily housing.

1 Lot Available

Lot

Price $3,495,064 CAD
Price Per AC $349,506.36 CAD
Lot Size 10.00 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
182-40-00-004.03
Land Assessment
$1,456,276 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,456,276 CAD
  • Listing ID: 41717139

  • Date on Market: 2026-08-12

  • Last Updated:

  • Address: 169 Hearthstone Ln, Elizabethtown, KY 42701

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