$47,000

Wooded Perch One is the kind of lot that makes you start sketching cabin ideas before you leave. This surveyed 0.979-acre lot shares an entrance with Lot 6 before opening into a wooded ridge setting with private valley views. The elevation and mature trees lend themselves to a creative cabin design, including the possibility of a post-and-pier or treehouse-inspired feel that takes advantage of the natural terrain.

For an STR investor, that setting gives you something memorable to market. Guests coming to this area are looking for more than a place to sleep—they want the view, the woods, outdoor living and a cabin that feels like part of the destination. Cabins already operating as short-term rentals within Sky Ridge Retreats are producing well. If renting is not your goal, the same setting makes an incredible private getaway or second home.

City water is available, along with underground electric and high-speed internet. The development's internal roads are well constructed and maintained, and owners and guests have access to Sky View Park, Sky Ridge Overlook and natural hiking areas including Boulder Trail. Adventure Waters and Cast Away Fishing Pond are currently under construction.

Sky Ridge sits against the Daniel Boone National Forest between Cave Run Lake and Red River Gorge, giving you access to hiking, kayaking, fishing and some of Eastern Kentucky's best-known recreation. A separate pay lake is also being built across the road from the development and is not part of Sky Ridge Retreats.

Lot 5 feels tucked away without feeling disconnected. If you want a cabin surrounded by trees with a more private, elevated experience, this one has a lot to work with.