Investment Opportunity In Red River Gorge, KY
There are more than 1M people that visit the Red River Gorge in eastern Kentucky every year. This number continues to climb year after year. It has been voted onto the STR Insights "Best Places to Invest" three times, and continues to show that it actually is!
Welcome to Dryden Ridge
Dryden Ridge is a new development in the heart of the Gorge that boasts 29, half-acre wooded lots with tons of old growth trees and south-facing views. There are two ridge lines that make up the left and outer roads, so houses will face opposite directions offering complete privacy.
Buy 1, buy 10, or buy all 29!
Builds happen in a first-come, first-serve basis.
The development offers easy access off KY Hwy 15, just 4 minutes from Nada Tunnel Road, Skybridge Station, and 5 min from the Ace Hardware in Campton. The Gorge Underground is 11 minutes, and Natural Bridge is 13. You won't find a better location on a quieter road.
Take a look at the details of the development highlighted below.
Utilities & Roads
Water & Sewer
Dryden Ridge will utilize well & septic instead of city water, however if anyone wants city water it is on the street (Old KY 15) and available for use if you bring it in.
All lots will come with a perk test. It is the responsibility of the owner to install well & septic.
Power & Internet
Electric will be run underground from LVRECC. Mountain telephone will run fiber internet underground as well. All will be accessible along the road so each lot can access it. The only thing builders will have to do is connect to that.
Driveways
The road is being finalized now. We're putting driveway fabric under large stones, & filling in with smaller stones to make the gravel stay put.
High Ridge Road is at the top of the hill and will require 4x4 to get to, while Lower Ridge and Middle Ridge do not. The left side of Middle Ridge Road is a peak, so lot #5 and lot #16 (see survey below) look opposite directions.
HOA & Restrictions
HOA Dues
$350/yr for road & common area maintenance.
HOA Restrictions
No more than one residence over 500 sq ft per lot
No portable buildings, campers/trailers; other than for temporary use during construction process allowed. Construction campers allowed for six months at most.
No abandoned vehicles on property, or prolonged repairing of vehicles on property.
All trash is to be well maintained in appropriate garbage receptacles.
No animals, livestock, or poultry of any kind shall be kept on the property, except for dogs, cats, and other household pets., provided they are not maintained for any commercial purposes. All such household pets as may be permitted shall be kept within an enclosed area on each lot, and not permitted to run or stray upon any other lot, or right-of-way. All enclosures for such pets shall be located to the rear of any residence.
One outdoor kennel per lot for any household pets.
All lots shall be kept well maintained of fallen limbs and trees in area of use
The space is purely meant for residential, or rental use. No business of any kind are allowed, aside from STRs.
Developer and HOA can make changes to these restrictions as needed.
Lots & Land
Build Ideas
Buying Options
Interested in buying here?
You're in good company.
All the lots are offered on a first-come, first-serve basis. There are no exceptions to this.
To make this as simple as possible, we have four buying options for you to choose from. See each below.
Reserve any available lot with a $5,000 deposit for 30 days.
Buy a lot (or 10) and do what you'd like with them. 10% off the total if you purchase more than one. 13% off if you purchase 5 or more.
Buy the land and hire one of our team members to consult with you to design a rental that will do great in the Gorge.
Partnership opportunity. Offered on a case-by-case basis. You will be a passive investor and we'll handle the entire process from design to management.
Contact Us to Learn More
Text Mike at (502) 230-2208, or fill out the form below for more information.
What are you interested in?
Our Other Builds
Estimated Costs
Construction Cost
Construction: Starting at $275/sq ft
(ie a 750 sq ft house will cost $206,250 to build)Septic: $7,000
Well: $13,000
Construction Timeline
Any build under 1,500 sq ft will be complete 7-12 months after final design approval. March is the ideal start time since weather is better.
Construction starts within 30-days of signing contract.
Ask how our current rentals are beating projections in the Gorge today.
STR Furnishings & Launch
Thinking of running it as a short-term rental?
Our projections show that all other launch items, such as furnishings, appliances, and pre-launch bills total $53,080.
Cash-on-cash for our first two designs are forecasted to hit 18%.
Learn More
Text Mike at (502) 230-2208, or fill out the form below for more information.
What are you interested in?
Phase 6: Walls Up
One day after the silos went up, the walls were under construction.
It's amazing to me how quickly, and how many times the entire look of the project changes. If you were riding your jeep around just two weeks ago, all you would have seen are big wooden platforms at the entrance to the development.
Then today, BAM!
A full-blown house structure is standing there.
It looks incredible, and the vision that our team has been working on for over a year is finally coming to life.
Build #1
Build #3
Now, present day!
This brings us to the present day.
Unit #1 is framed and ready to be sealed up. #2 started Nov 20. Photos to come from that soon!
Phase 6: Walls Up
One day after the silos went up, the walls were under construction.
It's amazing to me how quickly, and how many times the entire look of the project changes. If you were riding your jeep around just two weeks ago, all you would have seen are big wooden platforms at the entrance to the development.
Then today, BAM!
A full-blown house structure is standing there.
It looks incredible, and the vision that our team has been working on for over a year is finally coming to life.
Build #1
Build #3
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Explore the enchanting beauty of Red River Gorge, KY
Nestled in the heart of Kentucky, the Red River Gorge is a breathtaking natural wonder waiting to be explored. With its mesmerizing sandstone cliffs, lush forests, and winding waterways, this pristine wilderness offers endless adventures for hikers, rock climbers, and nature enthusiasts. Discover the stunning natural arches, immerse yourself in the tranquility of the forest, and embark on unforgettable outdoor experiences in this enchanting haven that beckons all to its awe-inspiring beauty.
29,000 acres
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70 mi of hiking
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What To Expect
01.
Comfort
We provide you with top-quality bedding, blankets for the whole family, enough coffee to get you going the first morning, strong WiFi, a spare toothbrush, soap & shampoo, and a hair dryer so you don't have to haul one. Our goal is for you to walk in and sit down.
02.
Communication
We are available. We have messages installed to help you throughout ever step of you trip, but should you need something unique, we'll get it answered quickly. We strive to have all messages answered by a real person in under two minutes.
03.
Experience
We've been doing this for a long time. We've made plenty of mistakes and learned from each. You get the benefit of that experience in one of our rentals. We also stay at all of our cabins frequently to make sure that everything lives up to our standards.
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