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Land for Sale in Morehead, Kentucky

7325 Flemingsburg Rd, Morehead, KY 40351

$790,000
27 acres
Active
$102k drop
Est $4,397/mo

Discover the potential of this stunning 26.975-acre farm nestled in the heart of Rowan County! With gently rolling hills and 900 feet of road frontage, this property offers endless possibilities for subdivision development, commercial ventures, or as a charming farmstead. The picturesque landscape creates an ideal setting for your dream project, whether you're looking to build a residential community or establish a thriving business. The property includes a classic farmhouse and a barn, both of which are ready for your creative renovations, allowing you to infuse your personal touch. Imagine transforming these structures into modern living spaces or functional facilities that enhance the property's value. Additionally, ask about the commercial building with highway access for sale (+.5 acres). This could be combined with purchase. There's an opportunity to expand your vision by combining this parcel with an additional 62 acres directly across HWY 32, maximizing your investment potential. Don't miss this chance to own a piece of Rowan County's beautiful countryside, where your ideas can flourish! Whether you're an investor, developer, or farmer, this property is brimming with potential waiting for you to unlock. Seize the opportunity today! Investment Highlights - Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential residential units, customers or clients. - Versatile Property: The combination of commercial space (if negotiated in the deal-not included in this listing), farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors. - Utility Accessibility: While there are currently no utilities connected (land only-utilities are furnished to home and commercial building (if added to purchase), gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building (if added to deal for additional cost) offer an opportunity to open a business in the hear term and generate cash flow. It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement.

Sq feet
3
Beds
1
Full bath

Location

Street address
7325 Flemingsburg Rd
School district
Rowan County - 61
Elevation
988 feet
Coordinates
38.2546, -83.5251

Directions

Take exit 137 off I64 to 32 Flemingsburg Road to Flemingsburg approximately 5.27 miles. You will find the property on your left at the corner of Flemingsburg Rd and Maxey Flats (all behind the houses and trophy shop).

Property details

Acreage
26.975 acres
MLS #
LBAR 25011733
Posted

Parcels

  • 028-00-001.02

Details and features

Listing

Type
Farm

Lot

Features
Cleared, Rolling Slope

Structure

Stories
2
Sewer
Septic Tank
Cooling
Wall Unit(s)

Interior

Room Count
4
Rooms
Bathroom, Bedroom x 3

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable

Nearby schools

NameLevelDistrictDescription
Rowan CoMiddleRowan County - 61
Rowan CoHighRowan County - 61

Listing history

DateEventPriceChangeSource
Dec 5, 2025Relisted$790,000LBAR
Dec 5, 2025Listing removed$790,000Listing agent
Oct 23, 2025Price drop$790,000$102,000 -11.4%LBAR
June 4, 2025New listing$892,000LBAR
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This 26.975-acre property is located at 7325 Flemingsburg Rd in Morehead, KY 40351. The property is available for sale for $790,000. It has a 3 bedroom, 1 bath house.

Checked 1 hour ago — Updated

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