
Mixed-Use Land for Sale in Morehead, Kentucky
Stonecrest St, Morehead, KY 40351
Exceptional opportunity to acquire a partially completed residential subdivision on 14.66 acres with substantial infrastructure already in place. The development was originally designed for 37 residential lots, with one home already constructed and sold, demonstrating proven market demand. A second spec home is nearly complete, leaving 35 remaining residential lots available for future development by new owner. Utility infrastructure is reported complete for a significant portion of the development, including sewer, water, electric, data, and cable. The subdivision is prepared for base blacktop, with manhole covers already purchased and portions of gravel installed, offering meaningful savings in both time and upfront development costs. A completed footer for an additional home is also in place, providing immediate build potential. The remaining lots are also available in combination with the nearly completed spec home (see MLS #26008027 and #26008030), offering flexible acquisition options for builders or developers. Ideally located approximately 2 miles from I-64, less than 1 mile from Eagle Trace Golf Course, and under 10 miles from Cave Run Lake. Rare opportunity for builders, developers, or investors to step into a well-located subdivision with infrastructure, momentum, and scalability already in place.
Location
- Street address
- Stonecrest St
- County
- Rowan County
- Zip code
- 40351
- Elevation
- 980 feet
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
- 14.66 acres
- MLS #
- LBAR 26013104
- Posted
Parcels
- 011-00 00 013.00
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 7, 2026 | New listing | $799,000 | — | LBAR |





