**Tranquill 2 home hideaway situated on 2.61 secluded acres.** With the potential for a great short-term rental, this property is truly unique. *The main residence, offers 1500+/- sq ft of living space & includes three bedrooms, two full bathrooms, and a family room with a radiant heat electric fireplace insert w/adjustable flame. The home also boasts of a cozy covered back porch, above ground pool ,and a large deck with amazing views . *The garage is a mechanic's dream with three car bays and an additional half car bay for your lawnmower, featuring a 75000 BTU gas furnace, ample electrical outlets, compressor air ports throughout, an attic fan, and drop-down attic storage. **The original homestead, boasts of 1837+/- sq ft of living space. It features a covered porch with scenic views, full basement with walkout, 3 spacious bedrooms, and one large updated bathroom. The first floor has all new flooring and granite countertops, giving the home a fresh and modern feel. Additional amenities include propane heating, a wood-burning fireplace, a whole house wood-burning stove, a high-efficiency water heater, and a hot tub. For added convenience, there is a two-car detached garage.
The median home value in Melbourne, KY is $174,500. This is higher than the county median home value of $155,200. The national median home value is $219,700. The average price of homes sold in Melbourne, KY is $174,500. Approximately 73.18% of Melbourne homes are owned, compared to 8.94% rented, while 17.88% are vacant. Melbourne real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melbourne real estate agent to arrange a tour today!
Melbourne, Kentucky has a population of 476. Melbourne is less family-centric than the surrounding county with 21.7% of the households containing married families with children. The county average for households married with children is 29.2%.
The median household income in Melbourne, Kentucky is $64,750. The median household income for the surrounding county is $57,208 compared to the national median of $57,652. The median age of people living in Melbourne is 52.3 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 22.5 degrees. The average rainfall is approximately 43.6 inches per year, with 11 inches of snow per year.