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Residential Land with Home for Sale in Morehead, Kentucky

1150 Rice Rd, Morehead, KY 40351

$599,000
3.88 acres
Active
$50k drop
Est $3,334/mo

Exceedingly rare opportunity to claim a fantastic property settled in an exceptional location! Perched on nearly 4 acres within view of the boundary of Daniel Boone National Forest, yet only 2 minutes to I-64 access, 10 minutes to Cave Run Lake, 10 minutes to downtown Morehead, & under an hour to Lexington. Ranch home boasts over 4,000 sq. ft of finished living space, in addition to a 26'X34' fully-insulated climate-controlled garage/workshop & a 24'X30' drive-thru sliding door barn, both equipped with electric & exterior water. Highlights of this home include full-sized doorways & hallways making every room easily accessible, a massive primary suite complete with office & flex space possibly ideal for a mother-in-law area, & a large walk-out basement with uniquely spacious 9' ceilings. Could be the perfect home for a multi-generational family and/or all sorts of hobby-enthusiasts such as boaters, woodworkers, mini-farmers, gardeners, etc. This place is definitely worth a look, schedule your showing today! Listing Agent is a relative (son) of Sellers.

4,096
Sq feet
4
Beds
2
Full baths
2
1/2 baths
1995
Built

Location

Street address
1150 Rice Rd
School district
Rowan County - 61
Elevation
900 feet
Coordinates
38.1765, -83.5371

Directions

Driving East from Lexington on I64, take exit 133. Turn right on KY801, then first left on Rice Road. Property is approx. 1 mile on the left. Shortly after stop sign.

Property details

Acreage
3.88 acres
MLS #
LBAR 25501596
Posted

Parcels

  • 019-00 00 028.05

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Carport, Detached Garage

Structure

Basement
Finished, Partial, Walk-Out Access
Water
Public
Sewer
Septic Tank
Heating
Heat Pump
Materials
Vinyl Siding
Windows
Insulated Windows, Screens, Window Treatments

Interior

Room Count
16
Rooms
Basement, Bathroom x 4, Bedroom x 4, Den, Dining Room, Family Room, Laundry Room, Utility Room
Flooring
Carpet, Laminate, Vinyl
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Features
Ceiling Fan(s), Central Vacuum, Eat-In Kitchen, In-Law Floorplan, Primary Downstairs, Walk-In Closet(s)

Nearby schools

NameLevelDistrictDescription
McBrayerElementaryRowan County - 61
Rowan CoMiddleRowan County - 61
Rowan CoHighRowan County - 61

Listing history

DateEventPriceChangeSource
Nov 26, 2025Price drop$599,000$50,000 -7.7%LBAR
Sept 18, 2025New listing$649,000LBAR
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This 3.88-acre property is located at 1150 Rice Rd in Morehead, KY 40351. The property is available for sale for $599,000. It has a 4,096 sq ft 4 bedroom, 2 bath house built in 1995.

Checked 1 hour ago — Updated

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