6.43 Acres Lot
Private Retreat on 6.43 Acres Near Saddle Lake – A Rare Opportunity for Space, Privacy, and Investment Potential
Welcome to your own secluded escape in the peaceful Gatchel area, just minutes from Derby and the scenic Ohio River. This charming 3-bedroom, 1.5-bath ranch-style home sits on an expansive 6.43-acre parcel of rolling, wooded land—offering a unique combination of privacy, natural beauty, and investment opportunity. Whether you are searching for a weekend getaway, a full-time residence surrounded by nature, or a property with strong upside potential, this listing delivers on every level.
Selling as-is, this property is ideal for buyers who see opportunity where others see potential. With the right vision and updates, this home can be transformed into a stunning rural retreat, a high-demand rental property, or a long-term investment asset in an increasingly desirable area.
A Setting That Defines Peace and Privacy
One of the most compelling features of this property is its location. Nestled on over six acres of rolling terrain, the land offers a sense of seclusion that is becoming harder to find. Surrounded by natural landscapes, wooded areas, and open space, the property creates an environment where you can truly disconnect from the noise and pace of city life.
Despite its private setting, the home remains conveniently located just minutes from Derby and the Ohio River, providing access to local amenities, outdoor recreation, and community resources. This balance between seclusion and accessibility is a major advantage, making the property appealing to both homeowners and investors.
Expansive Land with Endless Possibilities
The 6.43-acre lot is a standout feature, offering a mix of rolling slopes, wooded areas, and open space. This diverse terrain provides flexibility for a variety of uses, including:
- Creating outdoor living and entertainment areas
- Establishing gardens or small-scale farming operations
- Building additional structures (subject to local regulations)
- Developing trails or recreational spaces
- Enhancing landscaping for increased property value
The irregular shape and natural contours of the land add character and uniqueness, making it more than just a standard parcel. For buyers seeking a property that offers both functionality and natural beauty, this acreage delivers.
A Comfortable and Functional Ranch Layout
The home itself offers 1,260 square feet of living space, all conveniently located on one level. The ranch-style design is highly desirable due to its practicality, accessibility, and ease of maintenance.
Inside, the home features three main-level bedrooms, making it suitable for families, guests, or flexible living arrangements. The presence of one full bathroom and one half-bath adds convenience, especially for households with multiple occupants.
The layout is straightforward and efficient, allowing for easy updates and customization. With all essential living areas on a single floor, the home appeals to a wide range of buyers, including those looking for long-term livability without the challenges of multi-level properties.
Interior Features and Upgrade Potential
While the home is being sold as-is, it already includes several functional features that provide a solid foundation for improvement. The interior includes laminate and vinyl flooring, which can be updated or enhanced to suit modern tastes.
The kitchen is equipped with essential appliances, including a dishwasher and electric range, and offers a layout that can be upgraded to create a more contemporary and appealing space.
Additional interior highlights include:
- Main-level laundry hookups for convenience
- A bedroom suite on the main floor
- Tub/shower combination in the primary bathroom
- Practical room flow that supports both everyday living and entertaining
For investors or homeowners looking to add value, potential upgrades could include:
- Modernizing the kitchen with new cabinetry and countertops
- Updating bathrooms with contemporary fixtures
- Installing new flooring or refinishing existing surfaces
- Enhancing lighting and energy efficiency
- Adding fresh paint and design elements to create a cohesive look
Because the home already has a functional structure and layout, improvements can focus on aesthetics and efficiency—helping to maximize return on investment.
Comfort and Utility
The property is equipped with forced air heating and central air conditioning, ensuring year-round comfort. These features are particularly valuable in rural properties, where climate control can significantly impact livability and rental appeal.
The home is connected to public water and utilizes a septic system, offering a balance between convenience and independence. This setup is common in rural areas and supports long-term usability.
Outdoor Living and Additional Features
A covered porch adds to the home’s charm, providing a perfect spot to relax, enjoy the surrounding views, or entertain guests. Outdoor living spaces are increasingly important, and this feature enhances both the lifestyle and value of the property.
The attached two-car garage offers practical benefits, including:
- Secure parking
- Additional storage space
- Protection from weather conditions
- Convenience for everyday use
With both covered and uncovered parking options, the property is well-equipped to accommodate multiple vehicles or equipment.
Durable Construction and Long-Term Value
Built in 1957, the home reflects a solid construction style that has stood the test of time. The wood siding and metal roof are practical choices, with the metal roof in particular offering durability, longevity, and reduced maintenance costs.
These structural elements provide peace of mind and contribute to the property’s long-term value, especially when combined with thoughtful updates.
Investment Potential and High ROI Opportunities
This property offers multiple investment pathways, making it attractive to a wide range of buyers:
- Fix and Flip
With strategic updates, the home can be transformed into a desirable rural residence ready for resale. The acreage and location significantly enhance its market appeal. - Long-Term Rental
Properties with land and privacy are increasingly sought after by renters. This home can generate steady income once updated. - Short-Term Rental or Vacation Property
Given its proximity to Saddle Lake and the Ohio River, the property has strong potential as a weekend getaway or vacation rental. - Owner-Occupant Investment
Live in the home while making improvements, then benefit from increased equity or convert it into a rental property.
The combination of acreage, location, and home features creates a strong foundation for achieving a high return on investment.
Why This Property Stands Out
In today’s real estate market, properties that offer both land and livable space at an accessible price point are increasingly rare. This listing stands out because it provides:
- Over 6 acres of private, scenic land
- A functional 3-bedroom, 1.5-bath home
- Proximity to Saddle Lake, Derby, and the Ohio River
- A balance of seclusion and accessibility
- Multiple opportunities for value-add improvements
- Flexibility for personal use or investment strategies
Financial and Practical Considerations
With a tax assessed value of $111,100 and an annual tax amount of approximately $1,993, the property offers a reasonable cost structure for its size and location.
Being listed with cash terms, this property is particularly appealing to investors and buyers looking for a straightforward transaction.
Final Thoughts
This 6.43-acre retreat near Saddle Lake is more than just a property—it’s an opportunity to create something truly special. Whether you envision a peaceful personal escape, a profitable investment, or a combination of both, this listing provides the space, setting, and potential to make it happen.
Opportunities like this—where land, privacy, and potential come together—are becoming increasingly difficult to find. With its scenic surroundings, practical features, and strong upside, this property is well-positioned to deliver value for years to come.
Don’t miss your chance to secure this unique piece of real estate and turn it into your own private haven or next successful investment.
Listed on Zillow
