0 Stonecrest Street, Morehead, KY 40351

New Listing
$799,000
Property Type: Commercial Sale Lot Size (sq. ft.): 638,590 Status: Active
Current Price: $799,000 List Date: 6/07/2026 Last Modified: 6/07/2026

Overview

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 op ...

Listing Details MLS# 26013104

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Status Change Timestamp
2026-06-06

Address

County
Rowan
Street Name
Stonecrest
Street Suffix
Street
State
KY
Zip Code
40351
Parcel Number
011-00 00 013.00

Contract

Original List Price
799000
Start Showing Date
2026-06-06
Listing Contract Date
2026-06-06
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No

Tax Legal

MLS Area Major
061 - Rowan County
Subdivision Name
Rural

Interior

Living Area Units
Square Feet
Building Area Source
Owner
Building Area Units
Square Feet
Building Area Total
0

More Information

Building

Year Built
9999
Accessibility Features YN
No

Lot

Lot Size Acres
14.66
Lot Size Square Feet
638589.6

Remarks

Public Remarks
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.

Showing Information

Showing Instructions
ShowingTime Call Listing Agent

Tax & Legal

Tax Rate
0.837
Zoning
Other
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

Possession

Close Of Escrow
Yes

Showing Considerations

Electricity Not On
Yes
No Exterior Lighting
Yes

Business Type

Other
Yes

Sale Includes

Land
Yes
Other
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Property Features

Business Type: Other Possession: Close Of Escrow Sale Includes: Land; Other Showing Considerations: Electricity Not On; No Exterior Lighting Showing Requirements: Call Listing Agent; Showing Service
Listing Office: Paragon Realty Partners
Last Updated: June - 07 - 2026
Information deemed reliable but not guaranteed.