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Land with Home for Sale in Morehead, Kentucky

Stonecrest St, Morehead, KY 40351

$1,300,000
14.9 acres
Active sale
ago
Est $7,019/mo

This exceptional property presents a ready-to-advance residential development on 14.9 acres with significant groundwork already completed. The project was originally planned for 37 residential lots, with one home already built and sold, demonstrating proven market demand. A second, beautifully designed home is nearly complete and included, and the footer is completed for a third home, adding immediate value for the next owner or developer. The seller indicates that utility infrastructure is complete for 22 of the 37 lots, including sewer, water, electric, data, and cable, and the development is ready for base blacktop. Manhole covers have been purchased, and some gravel is in place, substantially reducing upfront costs and development timelines. Ideally located just 2 miles from Interstate 64, less than 1 mile from Eagle Trace Golf Course, and under 10 miles from Cave Run Lake, this development offers strong appeal to future homeowners seeking convenience, recreation, and quality surroundings. Don't miss a rare chance to step into a partially completed, well-located residential development with momentum already in place. This is ideal for builders, developers, or investors looking to capitalize on existing infrastructure and a prime location.

Sq feet
3
Beds
2
Full baths
1
1/2 bath
2022
Built

Location

Street address
Stonecrest St
School district
Rowan County - 61
Elevation
977 feet
Coordinates
38.2061, -83.5644

Directions

From Lexington- take I-64 east to Exit 133 and turn left onto Highway 801 north; drive 2 miles and turn left onto Bluebank Rd.;. drive .2 mile and turn right onto Stonecrest St.

Property details

Acreage
14.9 acres
MLS #
LBAR 26008027
Posted

Parcels

  • 011-00 00 013.00

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Carport, Driveway, Garage

Structure

Stories
1
Water
Public
Sewer
Public Sewer
Materials
Vinyl Siding
Roof
Shingle

Interior

Room Count
9
Rooms
Bathroom x 3, Bedroom x 3, Laundry Room, Utility Room
Flooring
Ceramic Tile, Wood
Fireplaces
Yes
Features
Ceiling Fan(s), Eat-In Kitchen, Primary First Floor, Walk-In Closet(s)

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameTypeDistrict
McBrayerElementaryRowan County - 61
Rowan CoMiddleRowan County - 61
Rowan CoHighRowan County - 61

Listing history

DateEventPriceChangeSource
Apr 16, 2026New listing$1,300,000LBAR
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This 14.9-acre property is located at Stonecrest St in Morehead, KY 40351. The property is available for sale for $1,300,000. It has a 3 bedroom, 2 bath house built in 2022.

Checked 2 hours ago — Updated

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