Address
0 Stonecrest Street, Morehead, KY
Price
$ 799,000
Property Attributes
  • MLS#26013104
  • TypeCommercial
  • Listing Status Active
  • CountyRowan
  • CityMorehead
  • Area061 - Rowan County
  • NeighborhoodRural
  • Zip40351
  • StyleBusiness
  • Year Built9999
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size14.66 Acres
Data Source:
ImagineMLS
Property Description

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.

Price History
8/14/2026 Listed $799,000

General Features

Possession Close Of Escrow
Zoning Other
Year Built 9999
Property Subtype Business
Parcel Number 011-00 00 013.00
Business Type Other
County Rowan
Property Type Commercial Sale
Subdivision Name Rural
Status Active
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
City Morehead
MLS Area 061 - Rowan County
Lot Size Units Acres
Lot Size Square Feet 638589.6
MLS Area Minor 061 - Rowan County
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Exterior Features

Lot Size Area 14.66
Lot Size Acres 14.66

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 40351

Price
AVG $1.39M
$800K
Year Built
AVG 3998
9999
Listed By
Paragon Realty Partners Central & Eastern KY - 513-515-2116